The People's Bank and Trust of Iberia Parish
New Iberia, LA · Owner: Peoples 1st Natl Bancshares
$79.1M
total assets, September 30, 1987
$79.1M
total assets, September 30, 1987
The People's Bank and Trust of Iberia Parish was a state nonmember bank in New Iberia, LA, owned by Peoples 1st Natl Bancshares. It failed on Nov 19, 1987, and New Iberia Bank took over its deposits. At its last report it held $79.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1987
This bank failed
- Failed on
- Nov 19, 1987
- Assets
- $79.1M
- Deposits
- $76.3M
- Estimated cost
- $9.1M
- Deposits went to
- New Iberia Bank, New Iberia, LA
Total assets
$79.1M
-20.5% in a year · -3.9% in a quarter
Deposits
$76.3M
-16.1% in a year · -3.8% in a quarter
Loans
$51.5M
-16.8% in a year · -3.3% in a quarter
Profit so far
-$3.7M
Jan 1 to Sep 30, 1987
Capital ratio
0.71%
-5.23 pts in a year
Return on assets
-5.67%
-4.58 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1101 East Admiral Doyle Drive, New Iberia, LA, 70560
- County
- Iberia
- Holding company
- Peoples 1st Natl Bancshares
- Established
- Jan 1, 1891
- Failed
- Nov 19, 1987
- Employees
- 68
- Id
- b4295
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 The People's Bank and Trust of Iberia Parish?
$79.1 million in total assets and $76.3 million in deposits as of September 30, 1987, with assets down 20.5% from a year before. Its loans were $51.5 million.
Is The People's Bank and Trust of Iberia Parish profitable?
No: it lost $3.72 million from January 1 to September 30, 1987. Its return on assets was -5.67% a year; about 1% is typical.
Who owns The People's Bank and Trust of Iberia Parish?
The People's Bank and Trust of Iberia Parish is owned by Peoples 1st Natl Bancshares, its holding company.
When did The People's Bank and Trust of Iberia Parish fail?
Nov 19, 1987. New Iberia Bank of New Iberia, LA took over its deposits. The estimated cost of the failure was $9.07 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.