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Data / Bank failures / 2019 / Louisa Community Bank

Louisa Community Bank, Louisa, KY: failed October 25, 2019

Louisa Community Bank in Louisa, Kentucky, failed on October 25, 2019. Kentucky Farmers Bank Corporation of Catlettsburg, KY, took over its deposits. It held $28.2 million in assets and $25.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $4.3 million (15.1% of its assets). By assets it was the 3rd largest of 4 banks closed or assisted in 2019.

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The FDIC's record

Closed
October 25, 2019
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Kentucky Farmers Bank Corporation, Catlettsburg, KY
Total assets
$28,163,000
Total deposits
$25,174,000
Estimated cost to the FDIC
$4,264,465 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
58112

The FDIC record

All bank failures in 2019 · All bank failures in Kentucky · 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.