The First National Bank of Ruston
Ruston, LA
$31.5M
total assets, December 31, 1985
$31.5M
total assets, December 31, 1985
The First National Bank of Ruston was a national bank in Ruston, LA. It failed on Apr 10, 1986, and Security First National took over its deposits. At its last report it held $31.5 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1985
This bank failed
- Failed on
- Apr 10, 1986
- Assets
- $31.5M
- Deposits
- $31.0M
- Estimated cost
- $2.3M
- Deposits went to
- Security First National, Alexandria, LA
Total assets
$31.5M
-27.6% in a year · -6.0% in a quarter
Deposits
$31.0M
-23.9% in a year · -2.3% in a quarter
Loans
$18.4M
-13.1% in a year · -9.4% in a quarter
Profit so far
-$2.2M
Jan 1 to Dec 31, 1985
Capital ratio
0.46%
-4.78 pts in a year
Return on assets
-5.62%
-2.06 pts in a year
Facts
- Type
- National bank
- Head office
- 300 North Trenton, Ruston, LA, 71270
- County
- Lincoln
- Established
- Jan 1, 1901
- Failed
- Apr 10, 1986
- Employees
- 43
- Id
- b14308
Quarter by quarter
March 31, 1984 to December 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 8
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is The First National Bank of Ruston?
$31.5 million in total assets and $31.0 million in deposits as of December 31, 1985, with assets down 27.6% from a year before. Its loans were $18.4 million.
Is The First National Bank of Ruston profitable?
No: it lost $2.17 million from January 1 to December 31, 1985. Its return on assets was -5.62% a year; about 1% is typical.
When did The First National Bank of Ruston fail?
Apr 10, 1986. Security First National of Alexandria, LA took over its deposits. The estimated cost of the failure was $2.29 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.