Life Savings Bank, F.S.B.
Baton Rouge, LA
$16.8M
total assets, September 30, 1992
$16.8M
total assets, September 30, 1992
Life Savings Bank, F.S.B. was a savings bank in Baton Rouge, LA. It failed on Jan 29, 1993, and Liberty B&T Co took over its deposits. At its last report it held $16.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1992
This bank failed
- Failed on
- Jan 29, 1993
- Assets
- $16.8M
- Deposits
- $16.5M
- Estimated cost
- $2.2M
- Deposits went to
- Liberty B&T Co, New Orleans, LA
Total assets
$16.8M
+2.9% in a year · -3.9% in a quarter
Deposits
$16.5M
+10.3% in a year · -3.6% in a quarter
Loans
$6.0M
+45.3% in a year · +7.7% in a quarter
Profit so far
-$1.1M
Jan 1 to Sep 30, 1992
Capital ratio
1.15%
-6.91 pts in a year
Return on assets
-7.99%
-6.97 pts in a year
Facts
- Type
- Savings bank
- Head office
- 7990 Scenic Highway, Baton Rouge, LA, 70807
- County
- East Baton Rouge
- Established
- Aug 17, 1990
- Failed
- Jan 29, 1993
- Employees
- 11
- Id
- b33186
Quarter by quarter
September 30, 1990 to September 30, 1992
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Life Savings Bank, F.S.B.?
$16.8 million in total assets and $16.5 million in deposits as of September 30, 1992, with assets up 2.9% from a year before. Its loans were $5.97 million.
Is Life Savings Bank, F.S.B. profitable?
No: it lost $1.05 million from January 1 to September 30, 1992. Its return on assets was -7.99% a year; about 1% is typical.
When did Life Savings Bank, F.S.B. fail?
Jan 29, 1993. Liberty B&T Co of New Orleans, LA took over its deposits. The estimated cost of the failure was $2.21 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.