American Bank of Commerce
Lake Charles, LA · Owner: United Bancshares Inc
$35.5M
total assets, September 30, 1987
$35.5M
total assets, September 30, 1987
American Bank of Commerce was a state nonmember bank in Lake Charles, LA, owned by United Bancshares Inc. It failed on Dec 17, 1987, and National BK Com Lake Cha took over its deposits. At its last report it held $35.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Dec 17, 1987
- Assets
- $35.5M
- Deposits
- $36.2M
- Estimated cost
- $4.3M
- Deposits went to
- National BK Com Lake Cha, Lake Charles, LA
Total assets
$35.5M
-34.6% in a year · -15.4% in a quarter
Deposits
$36.2M
-27.3% in a year · -12.7% in a quarter
Loans
$16.7M
-49.4% in a year · -22.9% in a quarter
Profit so far
-$1.4M
Jan 1 to Sep 30, 1987
Capital ratio
-2.78%
-4.32 pts in a year
Return on assets
-4.47%
+0.78 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1011 Lake Shore Drive, Lake Charles, LA, 70601
- County
- Calcasieu
- Holding company
- United Bancshares Inc
- Established
- Jan 5, 1970
- Failed
- Dec 17, 1987
- Employees
- 48
- Id
- b20098
Quarter by quarter
March 31, 1984 to September 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 American Bank of Commerce?
$35.5 million in total assets and $36.2 million in deposits as of September 30, 1987, with assets down 34.6% from a year before. Its loans were $16.7 million.
Is American Bank of Commerce profitable?
No: it lost $1.37 million from January 1 to September 30, 1987. Its return on assets was -4.47% a year; about 1% is typical.
Who owns American Bank of Commerce?
American Bank of Commerce is owned by United Bancshares Inc, its holding company.
When did American Bank of Commerce fail?
Dec 17, 1987. National BK Com Lake Cha of Lake Charles, LA took over its deposits. The estimated cost of the failure was $4.34 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.