Madison Bank and Trust Company
Richmond, LA · Owner: Madison Bancshares Corp
$9.7M
total assets, September 30, 1987
$9.7M
total assets, September 30, 1987
Madison Bank and Trust Company was a state nonmember bank in Richmond, LA, owned by Madison Bancshares Corp. It failed on Dec 3, 1987, and Guaranty B&T Co Of Delhi took over its deposits. At its last report it held $9.75 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Dec 3, 1987
- Assets
- $9.7M
- Deposits
- $9.8M
- Estimated cost
- $3.1M
- Deposits went to
- Guaranty B&T Co Of Delhi, Delhi, LA
Total assets
$9.7M
-16.3% in a year · -6.7% in a quarter
Deposits
$9.8M
-17.7% in a year · -13.0% in a quarter
Loans
$5.6M
-32.2% in a year · -3.7% in a quarter
Profit so far
-$517K
Jan 1 to Sep 30, 1987
Capital ratio
-9.28%
-6.13 pts in a year
Return on assets
-6.44%
+8.01 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 13 Crothers Drive, Richmond, LA, 71282
- County
- Madison
- Holding company
- Madison Bancshares Corp
- Established
- Sep 22, 1980
- Failed
- Dec 3, 1987
- Employees
- 9
- Id
- b23205
Quarter by quarter
March 31, 1984 to September 30, 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 Madison Bank and Trust Company?
$9.75 million in total assets and $9.81 million in deposits as of September 30, 1987, with assets down 16.3% from a year before. Its loans were $5.62 million.
Is Madison Bank and Trust Company profitable?
No: it lost $517,000 from January 1 to September 30, 1987. Its return on assets was -6.44% a year; about 1% is typical.
Who owns Madison Bank and Trust Company?
Madison Bank and Trust Company is owned by Madison Bancshares Corp, its holding company.
When did Madison Bank and Trust Company fail?
Dec 3, 1987. Guaranty B&T Co Of Delhi of Delhi, LA took over its deposits. The estimated cost of the failure was $3.15 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.