The Graveyard › Banks › 1999
Peoples NB of Commerce
Miami, FL · failed September 10, 1999 · FDIC certificate 18147
Peoples NB of Commerce of Miami, FL failed on September 10, 1999. It opened on February 4, 1960, 39 years before. At its last report before that it held $36.8 million in assets and $35.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 1996, it held $75.2 million. The FDIC estimates that the Bank Insurance Fund lost $3.3 million on it.
1984-031999-06
Assets at the end$36.8 millionlast report before September 10, 1999
Deposits at the end$35.9 million
Estimated loss to the fund$3.3 millionBIF
Largest in the quarterly reports$75.2 millionMarch 31, 1996
Equity to assets1.2%June 30, 1999
Loans not being repaid9.1%noncurrent, June 30, 1999
Return on assets-3.33%a year's rate, June 30, 1999
Staff32full time, June 30, 1999
Also ended in 1999
- First NB of Keystone · Keystone, WV · $1.1 billion in assets
- 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
- 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.