Data / Bank failures / 1987 / Central Bank & Trust Company
Central Bank & Trust Company, Glenmora, LA: received FDIC assistance February 26, 1987
Central Bank & Trust Company in Glenmora, Louisiana, received open bank assistance from the FDIC on February 26, 1987. It held $20.6 million in assets and $24.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $10,634 (0.1% of its assets). By assets it was the 144th largest of 262 banks closed or assisted in 1987.
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The FDIC's record
- Closed
- February 26, 1987
- Type
- Open bank assistance
- How it was resolved
- Open bank assistance: the FDIC assisted the bank without closing it
- Acquirer
- Peoples B&T Natchitoches La, Natchitoches, LA
- Total assets
- $20,598,000
- Total deposits
- $24,660,000
- Estimated cost to the FDIC
- $10,634 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 19331
Other bank failures in Louisiana, 1985 to 1989
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Red River S & L Assoc. | Coushatta | December 14, 1989 | $10.4 million | $7.7 million | $3.3 million | Peoples State Bank |
| Louisiana Savings Assn. | Lake Charles | December 14, 1989 | $449.3 million | $398.8 million | $114.1 million | |
| First Acadiana Bank | Eunice | December 14, 1989 | $46.8 million | $44.6 million | $6 million | American Security Bank of V |
| First Bank, Pineville, Louisiana | Pineville | December 8, 1989 | $72.3 million | $69.3 million | $39.5 million | Rapides Bank & Trust Compan |
| Security National Bank of Shreveport | Shreveport | November 17, 1989 | $19.4 million | $20.2 million | $7.2 million | |
| First Louisiana Federal Savings | Lafayette | November 2, 1989 | $161.9 million | $105.8 million | $42.9 million | ST. Landry B&T Co. |
| Bank of ST. Charles | ST. Rose | November 2, 1989 | $65.2 million | $65.2 million | $11.1 million | First American Bank and Tru |
| Western National Bank of Louisiana | Kaplan | October 26, 1989 | $11.8 million | $11.9 million | $1.5 million | Kaplan State Bank |
All bank failures in 1987 · All bank failures in Louisiana · The full failed bank list
Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.