# FIRST NBC BANK

> **Failed bank** · NEW ORLEANS, LA · failed 2017-04-28 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $753M

## What happened

FIRST NBC BANK of NEW ORLEANS, LA was closed by regulators on **2017-04-28**. The FDIC was named receiver.

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

Deposits were transferred to **WHITNEY BANK** (GULFPORT, MS). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4092
- **FDIC Certificate:** 58302
- **FDIC FIN:** 10526
- **Bank name:** FIRST NBC BANK
- **Location:** NEW ORLEANS, LA
- **Failure date:** 2017-04-28
- **FDIC resolution date:** 2017-04-28
- **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:** $753M
- **Deposits at failure:** $3,032M
- **Assets at failure:** $3,326M
- **Acquiring bank:** WHITNEY BANK (GULFPORT, MS)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20NBC%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST NBC BANK (FDIC ID 4092), failed 2017-04-28. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/4092.

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