Crescent Federal Savings Bank
New Orleans, LA
$87.0M
total assets, March 31, 1986
$87.0M
total assets, March 31, 1986
Crescent Federal Savings Bank was a savings bank in New Orleans, LA. It failed on Jun 25, 1985, and Horizon FS&LA took over its deposits. At its last report it held $89.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- Jun 25, 1985
- Assets
- $89.1M
- Deposits
- $84.0M
- Estimated cost
- $53.7M
- Deposits went to
- Horizon FS&LA, Baton Rouge, LA
Total assets
$87.0M
-2.4% in a year · -0.3% in a quarter
Deposits
$104M
+23.7% in a year · +8.2% in a quarter
Loans
$81.1M
+2.5% in a year · -0.9% in a quarter
Profit so far
-$2.0M
Jan 1 to Mar 31, 1986 · -406.8% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-9.27%
-12.22 pts in a year
Facts
- Type
- Savings bank
- Head office
- 5225 Canal Blvd, New Orleans, LA, 70124
- County
- Orleans
- Established
- Aug 13, 1981
- Failed
- Jun 30, 1986
- Id
- b32098
Quarter by quarter
March 31, 1984 to March 31, 1986
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 Crescent Federal Savings Bank?
$87.0 million in total assets and $103.8 million in deposits as of March 31, 1986, with assets down 2.4% from a year before. Its loans were $81.1 million.
Is Crescent Federal Savings Bank profitable?
No: it lost $2.02 million from January 1 to March 31, 1986. Its return on assets was -9.27% a year; about 1% is typical.
When did Crescent Federal Savings Bank fail?
Jun 25, 1985. Horizon FS&LA of Baton Rouge, LA took over its deposits. The estimated cost of the failure was $53.7 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.