Sun Belt Federal Bank, FSB
Lake Providence, LA
$205M
total assets, March 31, 1986
$205M
total assets, March 31, 1986
Sun Belt Federal Bank, FSB was a savings bank in Lake Providence, LA. It failed on Jun 25, 1985, and Horizon FS&LA took over its deposits. At its last report it held $278.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- Jun 25, 1985
- Assets
- $278M
- Deposits
- $269M
- Estimated cost
- $156M
- Deposits went to
- Horizon FS&LA, Baton Rouge, LA
Total assets
$205M
-26.3% in a year · +6.5% in a quarter
Deposits
$257M
-4.6% in a year · -0.4% in a quarter
Loans
$155M
-35.3% in a year · +2.5% in a quarter
Profit so far
-$3.8M
Jan 1 to Mar 31, 1986
Capital ratio
0.00%
0.00 pts in a year
Return on assets
-7.63%
-7.47 pts in a year
Facts
- Type
- Savings bank
- Head office
- 201 Hood Street, Lake Providence, LA, 71254
- County
- East Carroll
- Established
- Jan 1, 1933
- Failed
- May 31, 1986
- Id
- b28913
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 Sun Belt Federal Bank, FSB?
$205.1 million in total assets and $256.7 million in deposits as of March 31, 1986, with assets down 26.3% from a year before. Its loans were $154.6 million.
Is Sun Belt Federal Bank, FSB profitable?
No: it lost $3.79 million from January 1 to March 31, 1986. Its return on assets was -7.63% a year; about 1% is typical.
When did Sun Belt Federal Bank, FSB fail?
Jun 25, 1985. Horizon FS&LA of Baton Rouge, LA took over its deposits. The estimated cost of the failure was $156.2 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.