State Bank of Commerce
Slidell, LA
$49.2M
total assets, September 30, 1987
$49.2M
total assets, September 30, 1987
State Bank of Commerce was a state nonmember bank in Slidell, LA. It failed on Dec 3, 1987, and Peoples B&T Co Of ST Ber took over its deposits. At its last report it held $49.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Dec 3, 1987
- Assets
- $49.2M
- Deposits
- $48.6M
- Estimated cost
- $14.2M
- Deposits went to
- Peoples B&T Co Of ST Ber, Chalmette, LA
Total assets
$49.2M
-8.8% in a year · -3.0% in a quarter
Deposits
$48.6M
-3.3% in a year · +7.8% in a quarter
Loans
$30.9M
-20.1% in a year · -17.3% in a quarter
Profit so far
-$2.3M
Jan 1 to Sep 30, 1987
Capital ratio
0.23%
-6.04 pts in a year
Return on assets
-5.99%
-5.17 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Gause Road East And Choctaw Drive, Slidell, LA, 70458
- County
- St. Tammany
- Established
- Jan 30, 1984
- Failed
- Dec 3, 1987
- Employees
- 27
- Id
- b24921
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 State Bank of Commerce?
$49.2 million in total assets and $48.6 million in deposits as of September 30, 1987, with assets down 8.8% from a year before. Its loans were $30.9 million.
Is State Bank of Commerce profitable?
No: it lost $2.29 million from January 1 to September 30, 1987. Its return on assets was -5.99% a year; about 1% is typical.
When did State Bank of Commerce fail?
Dec 3, 1987. Peoples B&T Co Of ST Ber of Chalmette, LA took over its deposits. The estimated cost of the failure was $14.2 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.