First National Bank of Port Allen
Port Allen, LA · Owner: First Port Allen Bancshares
$19.6M
total assets, December 31, 1987
$19.6M
total assets, December 31, 1987
First National Bank of Port Allen was a national bank in Port Allen, LA, owned by First Port Allen Bancshares. It failed on Mar 17, 1988, and Iberville TRUST&SAVINGS took over its deposits. At its last report it held $19.6 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Mar 17, 1988
- Assets
- $19.6M
- Deposits
- $19.1M
- Estimated cost
- $4.4M
- Deposits went to
- Iberville TRUST&SAVINGS, Plaquemine, LA
Total assets
$19.6M
-18.1% in a year · -5.3% in a quarter
Deposits
$19.1M
-18.4% in a year · -5.1% in a quarter
Loans
$13.9M
-18.5% in a year · -6.1% in a quarter
Profit so far
-$662K
Jan 1 to Dec 31, 1987
Capital ratio
-2.02%
-3.07 pts in a year
Return on assets
-3.02%
+2.18 pts in a year
Facts
- Type
- National bank
- Head office
- 780 Court Street, Port Allen, LA, 70767
- County
- West Baton Rouge
- Holding company
- First Port Allen Bancshares
- Established
- Jan 2, 1969
- Failed
- Mar 17, 1988
- Employees
- 12
- Id
- b19898
Quarter by quarter
March 31, 1984 to December 31, 1987
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 Port Allen?
$19.6 million in total assets and $19.1 million in deposits as of December 31, 1987, with assets down 18.1% from a year before. Its loans were $13.9 million.
Is First National Bank of Port Allen profitable?
No: it lost $662,000 from January 1 to December 31, 1987. Its return on assets was -3.02% a year; about 1% is typical.
Who owns First National Bank of Port Allen?
First National Bank of Port Allen is owned by First Port Allen Bancshares, its holding company.
When did First National Bank of Port Allen fail?
Mar 17, 1988. Iberville TRUST&SAVINGS of Plaquemine, LA took over its deposits. The estimated cost of the failure was $4.39 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.