Lafayette Savings and Loan Association
Gretna, LA
$29.1M
total assets, June 30, 1989
$29.1M
total assets, June 30, 1989
Lafayette Savings and Loan Association was a savings and loan in Gretna, LA. It failed on Jul 27, 1989, and Algiers Homestead Associati took over its deposits. At its last report it held $29.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1989
This bank failed
- Failed on
- Jul 27, 1989
- Assets
- $29.1M
- Deposits
- $26.9M
- Estimated cost
- $7.3M
- Deposits went to
- Algiers Homestead Associati, New Orleans, LA
Total assets
$29.1M
+7.2% in a year · +9.0% in a quarter
Deposits
$26.9M
+2.0% in a year · +5.4% in a quarter
Loans
$24.7M
+9.2% in a year · +9.1% in a quarter
Profit so far
-$321K
Jan 1 to Jun 30, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-2.34%
-0.89 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 1300 Stumpf Boulevard, Gretna, LA, 70053
- County
- Jefferson
- Established
- Aug 17, 1976
- Failed
- Jul 27, 1989
- Id
- b31821
Quarter by quarter
March 31, 1984 to June 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 Lafayette Savings and Loan Association?
$29.1 million in total assets and $26.9 million in deposits as of June 30, 1989, with assets up 7.2% from a year before. Its loans were $24.7 million.
Is Lafayette Savings and Loan Association profitable?
No: it lost $321,000 from January 1 to June 30, 1989. Its return on assets was -2.34% a year; about 1% is typical.
When did Lafayette Savings and Loan Association fail?
Jul 27, 1989. Algiers Homestead Associati of New Orleans, LA took over its deposits. The estimated cost of the failure was $7.30 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.