The Bank of Louisburg
Louisburg, KS · Owner: Louisburg Bancshares Inc
$20.7M
total assets, December 31, 1987
$20.7M
total assets, December 31, 1987
The Bank of Louisburg was a state nonmember bank in Louisburg, KS, owned by Louisburg Bancshares Inc. It failed on Feb 3, 1988, and Peoples NB&T Ottawa took over its deposits. At its last report it held $20.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Feb 3, 1988
- Assets
- $20.7M
- Deposits
- $20.5M
- Estimated cost
- $4.4M
- Deposits went to
- Peoples NB&T Ottawa, Ottawa, KS
Total assets
$20.7M
-20.6% in a year · -15.3% in a quarter
Deposits
$20.5M
-15.7% in a year · -14.5% in a quarter
Loans
$16.5M
-20.8% in a year · -9.1% in a quarter
Profit so far
-$1.3M
Jan 1 to Dec 31, 1987
Capital ratio
-0.37%
-5.11 pts in a year
Return on assets
-5.38%
-3.93 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Third And Broadway, Louisburg, KS, 66053
- County
- Miami
- Holding company
- Louisburg Bancshares Inc
- Established
- Jan 1, 1880
- Failed
- Feb 3, 1988
- Employees
- 13
- Id
- b5832
Quarter by quarter
March 31, 1984 to December 31, 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 The Bank of Louisburg?
$20.7 million in total assets and $20.5 million in deposits as of December 31, 1987, with assets down 20.6% from a year before. Its loans were $16.5 million.
Is The Bank of Louisburg profitable?
No: it lost $1.30 million from January 1 to December 31, 1987. Its return on assets was -5.38% a year; about 1% is typical.
Who owns The Bank of Louisburg?
The Bank of Louisburg is owned by Louisburg Bancshares Inc, its holding company.
When did The Bank of Louisburg fail?
Feb 3, 1988. Peoples NB&T Ottawa of Ottawa, KS took over its deposits. The estimated cost of the failure was $4.45 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.