$188M
total assets, June 30, 1987
Twin City FSB was a savings bank in West Monroe, LA. It failed on Sep 19, 1987, and Secor Bank, FSB took over its deposits. At its last report it held $149.5 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Sep 19, 1987
- Assets
- $149M
- Deposits
- $182M
- Estimated cost
- $161M
- Deposits went to
- Secor Bank, FSB, Birmingham, AL
- Rescued on
- Sep 21, 1982
- Assets
- $11.7M
- Deposits
- $11.4M
- Estimated cost
- Not known
- How
- Twin City FS&LA, West Monroe, LA
It also received outside help once before.
Total assets
$188M
+4.8% in a year · +1.4% in a quarter
Deposits
$184M
+8.5% in a year · -0.2% in a quarter
Loans
$107M
-12.5% in a year · -5.6% in a quarter
Profit so far
$2.1M
Jan 1 to Jun 30, 1987 · -40.7% in a year
Capital ratio
0.00%
0.00 pts in a year
Return on assets
2.24%
-1.80 pts in a year
Facts
- Type
- Savings bank
- Head office
- 3510 Cypress St, West Monroe, LA, 71294
- County
- Ouachita
- Established
- Aug 22, 1966
- Failed
- Aug 31, 1987
- Id
- b31527
Quarter by quarter
March 31, 1984 to June 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 Twin City FSB?
$188.4 million in total assets and $184.0 million in deposits as of June 30, 1987, with assets up 4.8% from a year before. Its loans were $107.2 million.
Is Twin City FSB profitable?
Yes: it earned $2.09 million from January 1 to June 30, 1987 (down 40.7% from the same months a year before). Its return on assets was 2.24% a year; about 1% is typical.
When did Twin City FSB fail?
Sep 19, 1987. Secor Bank, FSB of Birmingham, AL took over its deposits. The estimated cost of the failure was $160.6 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.