Bank of St. Charles
St. Rose, LA · Owner: Bancshares Corp
$65.2M
total assets, September 30, 1989
$65.2M
total assets, September 30, 1989
Bank of St. Charles was a state nonmember bank in St. Rose, LA, owned by Bancshares Corp. It failed on Nov 2, 1989, and First American Bank And Tru took over its deposits. At its last report it held $65.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Nov 2, 1989
- Assets
- $65.2M
- Deposits
- $65.2M
- Estimated cost
- $11.1M
- Deposits went to
- First American Bank And Tru, Vacherie, LA
Total assets
$65.2M
-16.0% in a year · -6.0% in a quarter
Deposits
$65.2M
-12.8% in a year · -4.3% in a quarter
Loans
$41.7M
-19.9% in a year · -8.3% in a quarter
Profit so far
-$2.2M
Jan 1 to Sep 30, 1989
Capital ratio
-0.95%
-3.57 pts in a year
Return on assets
-4.12%
+0.50 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 11 James Boulevard, St. Rose, LA, 70087
- County
- St. Charles
- Holding company
- Bancshares Corp
- Established
- Jan 2, 1924
- Failed
- Nov 2, 1989
- Employees
- 67
- Id
- b11786
Quarter by quarter
March 31, 1984 to September 30, 1989
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 Bank of St. Charles?
$65.2 million in total assets and $65.2 million in deposits as of September 30, 1989, with assets down 16.0% from a year before. Its loans were $41.7 million.
Is Bank of St. Charles profitable?
No: it lost $2.20 million from January 1 to September 30, 1989. Its return on assets was -4.12% a year; about 1% is typical.
Who owns Bank of St. Charles?
Bank of St. Charles is owned by Bancshares Corp, its holding company.
When did Bank of St. Charles fail?
Nov 2, 1989. First American Bank And Tru of Vacherie, LA took over its deposits. The estimated cost of the failure was $11.1 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.