# THE PEOPLES BANK & TRUST COMPANY

> **Failed bank** · NATCHITOCHES, LA · failed 1990-10-05 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $13M

## What happened

THE PEOPLES BANK & TRUST COMPANY of NATCHITOCHES, LA was closed by regulators on **1990-10-05**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **HERITAGE BANK OF NATCHITOCH** (NATCHITOCHES, LA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2915
- **FDIC Certificate:** 11789
- **FDIC FIN:** 4283
- **Bank name:** THE PEOPLES BANK & TRUST COMPANY
- **Location:** NATCHITOCHES, LA
- **Failure date:** 1990-10-05
- **FDIC resolution date:** 1990-10-05
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $13M
- **Deposits at failure:** $116M
- **Assets at failure:** $117M
- **Acquiring bank:** HERITAGE BANK OF NATCHITOCH (NATCHITOCHES, LA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20PEOPLES%20BANK%20%26%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE PEOPLES BANK & TRUST COMPANY (FDIC ID 2915), failed 1990-10-05. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/2915.

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*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*