$33.6M
total assets, June 30, 1987
1ST Savings of Louisiana was a savings and loan in La Place, LA. It failed on Aug 19, 1987, and its insured deposits were paid out. At its last report it held $33.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Aug 19, 1987
- Assets
- $33.6M
- Deposits
- $44.6M
- Estimated cost
- Not known
- Deposits went to
- assisted merger
Total assets
$33.6M
-23.7% in a year · +1.8% in a quarter
Deposits
$44.6M
-1.4% in a year · +4.6% in a quarter
Loans
$27.6M
-19.7% in a year · -4.7% in a quarter
Profit so far
-$1.8M
Jan 1 to Jun 30, 1987
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-10.47%
-4.67 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 675 Airline Highway, La Place, LA, 70068
- County
- St. John The Baptist
- Established
- Dec 3, 1973
- Failed
- Aug 19, 1987
- Id
- b31663
Quarter by quarter
March 31, 1984 to June 30, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is 1ST Savings of Louisiana?
$33.6 million in total assets and $44.6 million in deposits as of June 30, 1987, with assets down 23.7% from a year before. Its loans were $27.6 million.
Is 1ST Savings of Louisiana profitable?
No: it lost $1.82 million from January 1 to June 30, 1987. Its return on assets was -10.47% a year; about 1% is typical.
When did 1ST Savings of Louisiana fail?
Aug 19, 1987.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.