The Graveyard › Banks › 1985
Moncor Bank, N.A.
Roswell, NM · failed September 12, 1985 · FDIC certificate 24106
Moncor Bank, N.A. of Roswell, NM failed on September 12, 1985. It opened on October 13, 1982, 2 years before. At its last report before that it held $33.3 million in assets and $32.9 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1984, it held $37.6 million. The FDIC estimates that the FDIC's insurance fund lost $10.6 million on it.
1984-031985-03
Assets at the end$33.3 millionlast report before September 12, 1985
Deposits at the end$32.9 million
Estimated loss to the fund$10.6 millionFDIC
Largest in the quarterly reports$37.6 millionSeptember 30, 1984
Equity to assets4.8%March 31, 1985
Loans not being repaid5.8%noncurrent, March 31, 1985
Return on assets-2.93%a year's rate, March 31, 1985
Staff34full time, March 31, 1985
Also ended in 1985
- Bowery Savings Bank · New York · $5.3 billion in assets · assisted
- Beverly Hills S&LA · Beverly Hills · $2.9 billion in assets · assisted
- Central S&LA · San Diego · $2.3 billion in assets · assisted
- Bell S&LA · San Mateo · $1.6 billion in assets · assisted
- Eureka Fs&La · San Carlos · $1.6 billion in assets · assisted
- Sunrise, S&LA · Lake Worth, FL · $1.5 billion 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.