The Graveyard › Banks › 1999
First NB of Keystone
Keystone, WV · failed September 1, 1999 · FDIC certificate 6771
First NB of Keystone of Keystone, WV failed on September 1, 1999. It opened in 1904, 95 years before. At its last report before that it held $1.1 billion in assets and $880.9 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $532.2 million on it.
1984-031999-06
Assets at the end$1.1 billionlast report before September 1, 1999
Deposits at the end$880.9 million
Estimated loss to the fund$532.2 millionBIF
Largest in the quarterly reports$1.1 billionDecember 31, 1998
Equity to assets16.4%June 30, 1999
Loans not being repaid0.4%noncurrent, June 30, 1999
Return on assets0.10%a year's rate, June 30, 1999
Staff87full time, June 30, 1999
Also ended in 1999
- Pacific Thrift and Loan Co · Woodland Hills · $127.3 million in assets
- East Texas NB of Marshall · Marshall, TX · $121.6 million in assets
- Golden City Commercial Bank · New York, NY · $87.2 million in assets
- Oceanmark Bank, A FSB · North Miami Beach, FL · $69.0 million in assets
- Peoples NB of Commerce · Miami, FL · $36.8 million in assets
- Zia New Mexico Bank · Tucumcari, NM · $17.3 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.