FDIC failed bank list
Bank failures in 1999
8 insured banks failed in 1999, with combined assets of $1.6B and an estimated cost to the deposit insurance fund of $590.9M. Florida had the most (2).
| Bank | City | Closed | Assets | Acquirer | Est. cost to FDIC |
|---|---|---|---|---|---|
| Golden City Commercial Bank | New York, NY | Dec 10, 1999 | $87.2M | Cathay Bank | — |
| Pacific Thrift and Loan Co | Woodland Hills, CA | Nov 22, 1999 | $127.3M | Affinity Bank | $42.0M |
| Peoples Nb of Commerce | Miami, FL | Sep 10, 1999 | $36.8M | Boston Bank of Commerce | $3.3M |
| First Nb of Keystone | Keystone, WV | Sep 1, 1999 | $1.1B | Ameribank, Incorporated | $532.2M |
| East Texas Nb of Marshall | Marshall, TX | Jul 9, 1999 | $121.6M | Fredonia State Bank | $9.9M |
| Oceanmark Bank, a FSB | North Miami Beach, FL | Jul 9, 1999 | $69.0M | Third Fs&la of Florida | $1.2M |
| Zia New Mexico Bank | Tucumcari, NM | Apr 23, 1999 | $17.3M | First National Bank of New | $2.2M |
| Victory State Bank | Columbia, SC | Mar 26, 1999 | $13.2M | South Carolina Community Ba | $0 |