First Acadiana Bank
Eunice, LA · Owner: First Acadiana Corp
$46.8M
total assets, September 30, 1989
$46.8M
total assets, September 30, 1989
First Acadiana Bank was a state nonmember bank in Eunice, LA, owned by First Acadiana Corp. It failed on Dec 14, 1989, and American Security Bank Of V took over its deposits. At its last report it held $46.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Dec 14, 1989
- Assets
- $46.8M
- Deposits
- $44.6M
- Estimated cost
- $6.0M
- Deposits went to
- American Security Bank Of V, Ville Platte, LA
Total assets
$46.8M
-8.0% in a year · -2.7% in a quarter
Deposits
$44.6M
-6.3% in a year · -1.2% in a quarter
Loans
$30.7M
-6.8% in a year · -1.4% in a quarter
Profit so far
-$838K
Jan 1 to Sep 30, 1989
Capital ratio
1.59%
-1.87 pts in a year
Return on assets
-2.27%
+1.22 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 200 North Second Street, Eunice, LA, 70535
- County
- St. Landry
- Holding company
- First Acadiana Corp
- Established
- Oct 1, 1965
- Failed
- Dec 14, 1989
- Employees
- 39
- Id
- b19492
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 First Acadiana Bank?
$46.8 million in total assets and $44.6 million in deposits as of September 30, 1989, with assets down 8.0% from a year before. Its loans were $30.7 million.
Is First Acadiana Bank profitable?
No: it lost $838,000 from January 1 to September 30, 1989. Its return on assets was -2.27% a year; about 1% is typical.
Who owns First Acadiana Bank?
First Acadiana Bank is owned by First Acadiana Corp, its holding company.
When did First Acadiana Bank fail?
Dec 14, 1989. American Security Bank Of V of Ville Platte, LA took over its deposits. The estimated cost of the failure was $5.98 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.