Bank of the Mid-South, Bossier City, Louisiana
Bossier City, LA · Owner: Mid-South Bancshares Inc
$41.8M
total assets, June 30, 1988
$41.8M
total assets, June 30, 1988
Bank of the Mid-South, Bossier City, Louisiana was a state nonmember bank in Bossier City, LA, owned by Mid-South Bancshares Inc. It failed on Aug 25, 1988, and Red River Valley Bank took over its deposits. At its last report it held $41.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1988
This bank failed
- Failed on
- Aug 25, 1988
- Assets
- $41.8M
- Deposits
- $41.1M
- Estimated cost
- $6.8M
- Deposits went to
- Red River Valley Bank, Bossier City, LA
Total assets
$41.8M
-12.0% in a year · -2.2% in a quarter
Deposits
$41.1M
+0.9% in a year · +4.2% in a quarter
Loans
$20.9M
-23.0% in a year · -9.8% in a quarter
Profit so far
-$2.4M
Jan 1 to Jun 30, 1988
Capital ratio
-2.72%
-8.02 pts in a year
Return on assets
-10.99%
-10.09 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1961 Airline Drive, Bossier City, LA, 71112
- County
- Bossier
- Holding company
- Mid-South Bancshares Inc
- Established
- Apr 16, 1979
- Failed
- Aug 25, 1988
- Employees
- 24
- Id
- b22845
Quarter by quarter
March 31, 1984 to June 30, 1988
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 the Mid-South, Bossier City, Louisiana?
$41.8 million in total assets and $41.1 million in deposits as of June 30, 1988, with assets down 12.0% from a year before. Its loans were $20.9 million.
Is Bank of the Mid-South, Bossier City, Louisiana profitable?
No: it lost $2.40 million from January 1 to June 30, 1988. Its return on assets was -10.99% a year; about 1% is typical.
Who owns Bank of the Mid-South, Bossier City, Louisiana?
Bank of the Mid-South, Bossier City, Louisiana is owned by Mid-South Bancshares Inc, its holding company.
When did Bank of the Mid-South, Bossier City, Louisiana fail?
Aug 25, 1988. Red River Valley Bank of Bossier City, LA took over its deposits. The estimated cost of the failure was $6.80 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.