Hub City Bank and Trust Company
Lafayette, LA · Owner: Hub Bancshares Inc
$38.0M
total assets, December 31, 1986
$38.0M
total assets, December 31, 1986
Hub City Bank and Trust Company was a state nonmember bank in Lafayette, LA, owned by Hub Bancshares Inc. It failed on Feb 20, 1987, and Hibernia National Bank took over its deposits. At its last report it held $38.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1986
This bank failed
- Failed on
- Feb 20, 1987
- Assets
- $38.0M
- Deposits
- $38.2M
- Estimated cost
- $12.9M
- Deposits went to
- Hibernia National Bank, New Orleans, LA
Total assets
$38.0M
-41.3% in a year · -14.4% in a quarter
Deposits
$38.2M
-38.4% in a year · -13.1% in a quarter
Loans
$25.8M
-37.4% in a year · -13.1% in a quarter
Profit so far
-$2.6M
Jan 1 to Dec 31, 1986
Capital ratio
-4.29%
-5.51 pts in a year
Return on assets
-4.87%
+0.61 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 213 West Vermilion Street, Lafayette, LA, 70501
- County
- Lafayette
- Holding company
- Hub Bancshares Inc
- Established
- Oct 24, 1964
- Failed
- Feb 20, 1987
- Employees
- 48
- Id
- b19257
Quarter by quarter
March 31, 1984 to December 31, 1986
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 Hub City Bank and Trust Company?
$38.0 million in total assets and $38.2 million in deposits as of December 31, 1986, with assets down 41.3% from a year before. Its loans were $25.8 million.
Is Hub City Bank and Trust Company profitable?
No: it lost $2.57 million from January 1 to December 31, 1986. Its return on assets was -4.87% a year; about 1% is typical.
Who owns Hub City Bank and Trust Company?
Hub City Bank and Trust Company is owned by Hub Bancshares Inc, its holding company.
When did Hub City Bank and Trust Company fail?
Feb 20, 1987. Hibernia National Bank of New Orleans, LA took over its deposits. The estimated cost of the failure was $12.9 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.