New Orleans Federal Savings and Loan Association
New Orleans, LA
$119M
total assets, March 31, 1986
$119M
total assets, March 31, 1986
New Orleans Federal Savings and Loan Association was a savings and loan in New Orleans, LA. It failed on Jun 25, 1985, and Horizon FS&LA took over its deposits. At its last report it held $118.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- Jun 25, 1985
- Assets
- $118M
- Deposits
- $105M
- Estimated cost
- $73.5M
- Deposits went to
- Horizon FS&LA, Baton Rouge, LA
Total assets
$119M
+1.1% in a year · -10.1% in a quarter
Deposits
$111M
+5.6% in a year · -3.1% in a quarter
Loans
$104M
+1.3% in a year · -0.4% in a quarter
Profit so far
-$9.2M
Jan 1 to Mar 31, 1986
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-29.32%
-27.48 pts in a year
Facts
- Type
- Savings and loan
- Head office
- 4948 Chef Menteur Highway, New Orleans, LA, 70126
- County
- Orleans
- Established
- May 6, 1965
- Failed
- Jun 30, 1986
- Id
- b31480
Quarter by quarter
March 31, 1984 to March 31, 1986
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 New Orleans Federal Savings and Loan Association?
$119.3 million in total assets and $111.3 million in deposits as of March 31, 1986, with assets up 1.1% from a year before. Its loans were $103.9 million.
Is New Orleans Federal Savings and Loan Association profitable?
No: it lost $9.23 million from January 1 to March 31, 1986. Its return on assets was -29.32% a year; about 1% is typical.
When did New Orleans Federal Savings and Loan Association fail?
Jun 25, 1985. Horizon FS&LA of Baton Rouge, LA took over its deposits. The estimated cost of the failure was $73.5 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.