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Data / Bank failures / Horizon FS&LA

Failed banks taken over by Horizon FS&LA: 6

Horizon FS&LA took over 6 failed banks between June 25, 1985 and June 25, 1985, holding $886.1 million in assets and $875.4 million in deposits. The FDIC estimates the cost to its insurance fund at $568.6 million. The largest: Sun Belt Federal Bank, FSB ($278.3 million), Audubon S&LA ($211.3 million), Northlake S&LA ($141.4 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Crescent Savings BankNew OrleansLAJune 25, 1985$89.1 million$84 million$53.7 millionHorizon FS&LA
Northlake S&LACovingtonLAJune 25, 1985$141.4 million$148.1 million$89.3 millionHorizon FS&LA
Community FS&LABaton RougeLAJune 25, 1985$47.9 million$46.8 million$29.7 millionHorizon FS&LA
Audubon S&LANew OrleansLAJune 25, 1985$211.3 million$222.1 million$166.2 millionHorizon FS&LA
New Orleans S&LANew OrleansLAJune 25, 1985$118.1 million$105.3 million$73.5 millionHorizon FS&LA
Sun Belt Federal Bank, FSBLake ProvidenceLAJune 25, 1985$278.3 million$269.1 million$156.2 millionHorizon FS&LA

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.