The Graveyard › Banks › 2001

The Malta National Bank

Malta, OH · failed May 3, 2001 · FDIC certificate 6629

The Malta National Bank of Malta, OH failed on May 3, 2001. It opened on November 19, 1872, 128 years before. At its last report before that it held $9.1 million in assets and $8.7 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 1997, it held $11.6 million. The FDIC estimates that the Bank Insurance Fund lost $768,570 on it.

1984-032001-03

Assets at the end$9.1 millionlast report before May 3, 2001

Deposits at the end$8.7 million

Estimated loss to the fund$768,570BIF

Largest in the quarterly reports$11.6 millionDecember 31, 1997

Equity to assets3.4%March 31, 2001

Loans not being repaid6.7%noncurrent, March 31, 2001

Return on assets1.09%a year's rate, March 31, 2001

Staff8full time, March 31, 2001

On the FDIC's list: MALTA NATIONAL BANK.

Could you have seen it coming? Play Dot-com

Also ended in 2001

Superior Bank FSB · Hinsdale, IL · $1.8 billion in assets
SINCLAIR NATIONAL BANK · Gravette, AR · $29.8 million in assets
First Alliance Bank and Trust Co · Manchester, NH · $17.4 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.