The Graveyard › Banks › 1999
Zia New Mexico Bank
Tucumcari, NM · failed April 23, 1999 · FDIC certificate 13300
Zia New Mexico Bank of Tucumcari, NM failed on April 23, 1999. It opened on January 8, 1920, 79 years before. At its last report before that it held $17.3 million in assets and $16.7 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $2.2 million on it.
1984-031998-12
Assets at the end$17.3 millionlast report before April 23, 1999
Deposits at the end$16.7 million
Estimated loss to the fund$2.2 millionBIF
Largest in the quarterly reports$17.3 millionDecember 31, 1998
Equity to assets2.4%December 31, 1998
Loans not being repaid6.2%noncurrent, December 31, 1998
Return on assets-4.89%a year's rate, December 31, 1998
Staff17full time, December 31, 1998
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
- Peoples NB of Commerce · Miami, FL · $36.8 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.