First NBC Bank
New Orleans, LA · Owner: First NBC Bank Holding Co
$3.3B
total assets, March 31, 2017
$3.3B
total assets, March 31, 2017
First NBC Bank was a state nonmember bank in New Orleans, LA, owned by First NBC Bank Holding Co. It failed on Apr 28, 2017, and Whitney Bank took over its deposits. At its last report it held $3.3 billion in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2017
This bank failed
- Failed on
- Apr 28, 2017
- Assets
- $3.3B
- Deposits
- $3.0B
- Estimated cost
- $722M
- Deposits went to
- Whitney Bank, Gulfport, MS
Total assets
$3.3B
-31.5% in a year · -20.7% in a quarter
Deposits
$3.0B
-23.4% in a year · -14.4% in a quarter
Loans
$2.6B
-29.1% in a year · -34.7% in a quarter
Profit so far
$29.6M
Jan 1 to Mar 31, 2017 · +25.7% in a year
Capital ratio
-1.99%
-9.26 pts in a year
Return on assets
3.15%
+1.18 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 210 Baronne Street, New Orleans, LA, 70112
- County
- Orleans
- Holding company
- First NBC Bank Holding Co
- Established
- May 19, 2006
- Failed
- Apr 28, 2017
- Employees
- 504
- Branches
- 40 in 2 states
- Id
- b58302
Quarter by quarter
June 30, 2006 to March 31, 2017
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 NBC Bank?
$3.3 billion in total assets and $3.0 billion in deposits as of March 31, 2017, with assets down 31.5% from a year before. Its loans were $2.6 billion.
How many branches does First NBC Bank have?
40 branches in 2 states as of June 30, 2026.
Is First NBC Bank profitable?
Yes: it earned $29.6 million from January 1 to March 31, 2017 (up 25.7% from the same months a year before). Its return on assets was 3.15% a year; about 1% is typical.
Who owns First NBC Bank?
First NBC Bank is owned by First NBC Bank Holding Co, its holding company.
When did First NBC Bank fail?
Apr 28, 2017. Whitney Bank of Gulfport, MS took over its deposits. The estimated cost of the failure was $722.1 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.