The Graveyard › Banks › 2000
Monument National Bank
Ridgecrest, CA · failed June 2, 2000 · FDIC certificate 25056
Monument National Bank of Ridgecrest, CA failed on June 2, 2000. It opened on March 1, 1984, 16 years before. At its last report before that it held $7.9 million in assets and $7.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 1988, it held $19.2 million. The FDIC estimates that the Bank Insurance Fund lost $616,577 on it.
1984-032000-03
Assets at the end$7.9 millionlast report before June 2, 2000
Deposits at the end$7.7 million
Estimated loss to the fund$616,577BIF
Largest in the quarterly reports$19.2 millionSeptember 30, 1988
Equity to assets2.3%March 31, 2000
Loans not being repaid4.5%noncurrent, March 31, 2000
Return on assets-7.61%a year's rate, March 31, 2000
Staff13full time, March 31, 2000
Also ended in 2000
- Hartford-Carlisle SB · Carlisle, IA · $105.0 million in assets
- The National State Bank of Metropolis · Metropolis, IL · $90.4 million in assets
- The Bank of Falkner · Falkner, MS · $85.5 million in assets
- Bank of Honolulu · Honolulu, HI · $63.9 million in assets
- Mutual Federal Savings Bank of Atlanta · Atlanta, GA · $31.5 million in assets
- Town and Country Bank of Almelund · Almelund, MN · $25.9 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.