The list of Bank Failures and
Assistance Transactions is updated through January 3, 2000. Please address
questions on this subject to David
Barr (telephone: 202/898-6992).
1999
BIF = Bank Insurance Fund
SAIF = Savings Association Insurance Fund
March 26 (BIF)
Victory State Bank, Columbia, South Carolina,
with total deposits of $11.6 million and total assets of $13.9 million.
All deposits and $12.2 million in assets assumed by the newly chartered
South Carolina Community Bank, Columbia, South Carolina (PR-15-99)
April 23 (BIF)
Zia New Mexico Bank, Tucumcari, New Mexico,
with total deposits of $16.8 million and total assets of $16.8 million.
All deposits and $6.0 million in assets assumed by First National Bank of
New Mexico, Clayton, New Mexico (PR-20-99).
July 9 (BIF)
East Texas National Bank, Marshall, Texas, with
total deposits of $113.0 million and total assets of $127.3 million. All
deposits and $113.7 million in assets assumed by Fredonia State Bank,
Nacogdoches, Texas. (PR-38-99)
July 9 (SAIF)
Oceanmark Bank, a FSB, North Miami Beach,
Florida, with total deposits of $64.2 million and total assets of $70.6
million. All deposits and $6.3 million in assets assumed by Third Federal
Savings & Loan Association of Florida, North Miami Beach, Florida. (PR-39-99)
September 1 (BIF)
First National Bank of Keystone, Keystone,
West Virginia, with total deposits of $928 million and total assets of
$1.1 billion. Approximately $135 million in local insured deposits and $74
million in assets assumed by Ameribank, Incorporated, Welch, West
Virginia. Remaining deposits were non-local; the FDIC paid insured amounts
to those customers (PR-52-99
and PR-49-99)
September 10 (BIF)
Peoples National Bank of Commerce, Miami,
Florida, with total deposits of $36.1 million and total assets of $37.6
million. All deposits and $34.0 million in assets assumed by Boston Bank
of Commerce, Boston, Massachusetts (PR-55-99)
November 19 (BIF)
Pacific Thrift and Loan Company, Woodland
Hills, Califiornia, with total deposits of $108.3 million and total assets
of $117.6 million. The insured deposits of $106.3 million and assets of
$12.8 million assumed by Affinity Bank, Ventura, California (PR-71-99)
December 10 (BIF)
Golden City Commercial Bank, New York, New
York, with total deposits of $82.0 million and total assets of $89.3
million. All deposits and $85.4 million in assets assumed by Cathay Bank,
Los Angeles, Calafornia (PR-79-99).
2008
2007
2006 2005
2004
2003
2002
2001
2000
1998
1997
1996
1995
1994
1993 1992
1991