First National Bank of East Baton Rouge
Baton Rouge, LA · Owner: First National Shares of La
$28.3M
total assets, March 31, 1989
$28.3M
total assets, March 31, 1989
First National Bank of East Baton Rouge was a national bank in Baton Rouge, LA, owned by First National Shares of La. It failed on May 4, 1989, and The First National Bank In took over its deposits. At its last report it held $28.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- May 4, 1989
- Assets
- $28.3M
- Deposits
- $30.5M
- Estimated cost
- $7.6M
- Deposits went to
- The First National Bank In, Morgan City, LA
Total assets
$28.3M
+2.1% in a year · +10.6% in a quarter
Deposits
$30.5M
+12.7% in a year · +10.8% in a quarter
Loans
$14.6M
-25.8% in a year · -10.6% in a quarter
Profit so far
-$212K
Jan 1 to Mar 31, 1989
Capital ratio
-9.47%
-10.23 pts in a year
Return on assets
-3.15%
+11.64 pts in a year
Facts
- Type
- National bank
- Head office
- 3300 North Sherwood Forest Drive, Baton Rouge, LA, 70895
- County
- East Baton Rouge
- Holding company
- First National Shares of La
- Established
- Feb 5, 1983
- Failed
- May 4, 1989
- Employees
- 15
- Id
- b24318
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 First National Bank of East Baton Rouge?
$28.3 million in total assets and $30.5 million in deposits as of March 31, 1989, with assets up 2.1% from a year before. Its loans were $14.6 million.
Is First National Bank of East Baton Rouge profitable?
No: it lost $212,000 from January 1 to March 31, 1989. Its return on assets was -3.15% a year; about 1% is typical.
Who owns First National Bank of East Baton Rouge?
First National Bank of East Baton Rouge is owned by First National Shares of La, its holding company.
When did First National Bank of East Baton Rouge fail?
May 4, 1989. The First National Bank In of Morgan City, LA took over its deposits. The estimated cost of the failure was $7.59 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.