Acadia Savings and Loan Association, A FSA
Crowley, LA
$75.4M
total assets, September 30, 1989
$75.4M
total assets, September 30, 1989
Acadia Savings and Loan Association, A FSA was a savings and loan in Crowley, LA. It failed on Mar 16, 1989, and Iberia SB, SSB took over its deposits. At its last report it held $89.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Mar 16, 1989
- Assets
- $89.7M
- Deposits
- $138M
- Estimated cost
- $98.8M
- Deposits went to
- Iberia SB, SSB, New Iberia, LA
Total assets
$75.4M
-17.9% in a year · -9.5% in a quarter
Deposits
$141M
+2.7% in a year · -0.4% in a quarter
Loans
$73.5M
-28.4% in a year · -1.1% in a quarter
Profit so far
-$11.9M
Jan 1 to Sep 30, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-18.90%
-10.33 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 576 North Parkerson, Crowley, LA, 70526
- County
- Acadia
- Established
- Aug 6, 1987
- Failed
- Oct 6, 1989
- Id
- b32554
Quarter by quarter
September 30, 1987 to September 30, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Acadia Savings and Loan Association, A FSA?
$75.4 million in total assets and $141.5 million in deposits as of September 30, 1989, with assets down 17.9% from a year before. Its loans were $73.5 million.
Is Acadia Savings and Loan Association, A FSA profitable?
No: it lost $11.9 million from January 1 to September 30, 1989. Its return on assets was -18.90% a year; about 1% is typical.
When did Acadia Savings and Loan Association, A FSA fail?
Mar 16, 1989. Iberia SB, SSB of New Iberia, LA took over its deposits. The estimated cost of the failure was $98.8 million.
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.