$15.2M
total assets, March 31, 1989
The Sterlington Bank was a state nonmember bank in Sterlington, LA. It failed on Jul 13, 1989, and Bank Of ST. Joseph & Trust took over its deposits. At its last report it held $15.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1989
This bank failed
- Failed on
- Jul 13, 1989
- Assets
- $15.2M
- Deposits
- $14.6M
- Estimated cost
- $4.2M
- Deposits went to
- Bank Of ST. Joseph & Trust, ST. Joseph, LA
Total assets
$15.2M
-8.0% in a year · -7.1% in a quarter
Deposits
$14.6M
-3.3% in a year · -7.6% in a quarter
Loans
$9.2M
+0.2% in a year · +4.6% in a quarter
Profit so far
$35K
Jan 1 to Mar 31, 1989 · +1650.0% in a year
Capital ratio
1.73%
-4.69 pts in a year
Return on assets
0.89%
+0.84 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Sterlington, LA, 71280
- County
- Ouachita
- Established
- Sep 1, 1949
- Failed
- Jul 13, 1989
- Employees
- 14
- Id
- b16839
Quarter by quarter
March 31, 1984 to March 31, 1989
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 Sterlington Bank?
$15.2 million in total assets and $14.6 million in deposits as of March 31, 1989, with assets down 8.0% from a year before. Its loans were $9.21 million.
Is The Sterlington Bank profitable?
Yes: it earned $35,000 from January 1 to March 31, 1989 (up 1650.0% from the same months a year before). Its return on assets was 0.89% a year; about 1% is typical.
When did The Sterlington Bank fail?
Jul 13, 1989. Bank Of ST. Joseph & Trust of ST. Joseph, LA took over its deposits. The estimated cost of the failure was $4.20 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.