Commerce and Energy Bank of Lafayette
Lafayette, LA · Owner: Commerce & Energy BK Holding Co
$29.5M
total assets, March 31, 1989
$29.5M
total assets, March 31, 1989
Commerce and Energy Bank of Lafayette was a state nonmember bank in Lafayette, LA, owned by Commerce & Energy BK Holding Co. It failed on May 24, 1989, and Midsouth National Bank took over its deposits. At its last report it held $29.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- May 24, 1989
- Assets
- $29.5M
- Deposits
- $27.1M
- Estimated cost
- $6.7M
- Deposits went to
- Midsouth National Bank, Lafayette, LA
Total assets
$29.5M
-23.5% in a year · -12.9% in a quarter
Deposits
$27.1M
-25.7% in a year · -18.7% in a quarter
Loans
$18.6M
-25.5% in a year · -13.5% in a quarter
Profit so far
-$2.3M
Jan 1 to Mar 31, 1989
Capital ratio
-6.22%
-10.79 pts in a year
Return on assets
-29.31%
-28.37 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3730 Ambassador Caffery Parkway, Lafayette, LA, 70505
- County
- Lafayette
- Holding company
- Commerce & Energy BK Holding Co
- Established
- Oct 1, 1981
- Failed
- May 24, 1989
- Employees
- 26
- Id
- b23545
Quarter by quarter
March 31, 1984 to March 31, 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 Commerce and Energy Bank of Lafayette?
$29.5 million in total assets and $27.1 million in deposits as of March 31, 1989, with assets down 23.5% from a year before. Its loans were $18.6 million.
Is Commerce and Energy Bank of Lafayette profitable?
No: it lost $2.32 million from January 1 to March 31, 1989. Its return on assets was -29.31% a year; about 1% is typical.
Who owns Commerce and Energy Bank of Lafayette?
Commerce and Energy Bank of Lafayette is owned by Commerce & Energy BK Holding Co, its holding company.
When did Commerce and Energy Bank of Lafayette fail?
May 24, 1989. Midsouth National Bank of Lafayette, LA took over its deposits. The estimated cost of the failure was $6.67 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.