River City Federal Savings Bank
Baton Rouge, LA
$61.1M
total assets, September 30, 1989
$61.1M
total assets, September 30, 1989
River City Federal Savings Bank was a savings bank in Baton Rouge, LA. It failed on Mar 16, 1989, and Hibernia NB took over its deposits. At its last report it held $61.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Mar 16, 1989
- Assets
- $61.2M
- Deposits
- $98.3M
- Estimated cost
- $86.6M
- Deposits went to
- Hibernia NB, New Orleans, LA
Total assets
$61.1M
-9.6% in a year · +6.9% in a quarter
Deposits
$102M
+0.6% in a year · -4.6% in a quarter
Loans
$25.9M
-49.9% in a year · -1.7% in a quarter
Profit so far
-$10.1M
Jan 1 to Sep 30, 1989
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-22.55%
+47.94 pts in a year
Facts
- Type
- Savings bank
- Head office
- 10425 Airline Highway, Baton Rouge, LA, 70816
- County
- East Baton Rouge
- Established
- Sep 15, 1980
- Failed
- Oct 6, 1989
- Id
- b32041
Quarter by quarter
March 31, 1984 to September 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 River City Federal Savings Bank?
$61.1 million in total assets and $101.6 million in deposits as of September 30, 1989, with assets down 9.6% from a year before. Its loans were $25.9 million.
Is River City Federal Savings Bank profitable?
No: it lost $10.1 million from January 1 to September 30, 1989. Its return on assets was -22.55% a year; about 1% is typical.
When did River City Federal Savings Bank fail?
Mar 16, 1989. Hibernia NB of New Orleans, LA took over its deposits. The estimated cost of the failure was $86.6 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.