Data / Bank failures / 1985 / Alliance FS&LA
Alliance FS&LA, Kenner, LA: failed August 23, 1985
Alliance FS&LA in Kenner, Louisiana, failed on August 23, 1985. It held $188.1 million in assets and $134 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $147.9 million (78.6% of its assets). By assets it was the 33rd largest of 180 banks closed or assisted in 1985.
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The FDIC's record
- Closed
- August 23, 1985
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Total assets
- $188,137,000
- Total deposits
- $133,989,000
- Estimated cost to the FDIC
- $147,947,400 (estimate as of July 31, 2026)
- Charter
- Savings and loan association
- Insurance fund
- FSLIC
- FDIC certificate
- 32083
Other bank failures in Louisiana, 1983 to 1987
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First FS&LA of Slidell (assistance) | Slidell | December 31, 1987 | $46.2 million | $48.8 million | $13.2 million | Alabama FS&LA |
| First Financial Bank, FSB (assistance) | New Orleans | December 31, 1987 | $744.9 million | $573.5 million | $51.5 million | Alabama FS&LA |
| Firstbanc FSB (assistance) | Gonzales | December 30, 1987 | $46.3 million | $47.1 million | $33.1 million | Pelican HOMESTEAD&SVG Assn |
| First FS&LA of Alexandria (assistance) | Alexandria | December 30, 1987 | $148.7 million | $149.4 million | $48.9 million | Pelican HOMESTEAD&SVG Assn |
| First Financial of La (assistance) | Lutcher | December 30, 1987 | $159.5 million | $151.5 million | $105.7 million | Pelican HOMESTEAD&SVG Assn |
| American Bank of Commerce | Lake Charles | December 17, 1987 | $35.5 million | $36.2 million | $4.3 million | National BK Com Lake Cha |
| American Bank in Louisiana | Morgan City | December 10, 1987 | $15 million | $14.6 million | $4 million | ST Mary BANK&TRUST Co |
| Louisiana Bank & Trust Company | Crowley | December 10, 1987 | $18.5 million | $21.2 million | $7.8 million | Evangeline BANK&TRUST Co |
All bank failures in 1985 · All bank failures in Louisiana · The full failed bank list
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.