Louisiana Commercial Bank
Madisonville, LA
$26.8M
total assets, December 31, 1987
$26.8M
total assets, December 31, 1987
Louisiana Commercial Bank was a state nonmember bank in Madisonville, LA. It failed on Jan 21, 1988, and Pontchartrain State Bank took over its deposits. At its last report it held $26.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Jan 21, 1988
- Assets
- $26.8M
- Deposits
- $25.7M
- Estimated cost
- $6.3M
- Deposits went to
- Pontchartrain State Bank, Metairie, LA
Total assets
$26.8M
+5.5% in a year · -7.9% in a quarter
Deposits
$25.7M
+8.3% in a year · -5.7% in a quarter
Loans
$14.3M
+2.1% in a year · -13.1% in a quarter
Profit so far
-$1.2M
Jan 1 to Dec 31, 1987
Capital ratio
1.45%
-4.09 pts in a year
Return on assets
-4.47%
-2.93 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Louisiana Highway 22, Madisonville, LA, 70447
- County
- St. Tammany
- Established
- Feb 21, 1984
- Failed
- Jan 21, 1988
- Employees
- 22
- Id
- b24965
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 Louisiana Commercial Bank?
$26.8 million in total assets and $25.7 million in deposits as of December 31, 1987, with assets up 5.5% from a year before. Its loans were $14.3 million.
Is Louisiana Commercial Bank profitable?
No: it lost $1.23 million from January 1 to December 31, 1987. Its return on assets was -4.47% a year; about 1% is typical.
When did Louisiana Commercial Bank fail?
Jan 21, 1988. Pontchartrain State Bank of Metairie, LA took over its deposits. The estimated cost of the failure was $6.26 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.