American Bank, National Association
Rio Rancho, NM
$20.7M
total assets, September 30, 1990
$20.7M
total assets, September 30, 1990
American Bank, National Association was a national bank in Rio Rancho, NM. It failed on Jan 22, 1991, and United New Mexico Bank At A took over its deposits. At its last report it held $20.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1990
This bank failed
- Failed on
- Jan 22, 1991
- Assets
- $20.7M
- Deposits
- $23.3M
- Estimated cost
- $10.9M
- Deposits went to
- United New Mexico Bank At A, Albuquerque, NM
Total assets
$20.7M
-21.1% in a year · -23.0% in a quarter
Deposits
$23.3M
-10.4% in a year · -1.5% in a quarter
Loans
$16.3M
-16.3% in a year · -10.7% in a quarter
Profit so far
-$6.2M
Jan 1 to Sep 30, 1990
Capital ratio
-13.14%
-10.45 pts in a year
Return on assets
-34.34%
-29.45 pts in a year
Facts
- Type
- National bank
- Head office
- 1201 Rio Rancho Drive, Rio Rancho, NM, 87174
- County
- Sandoval
- Established
- Oct 14, 1980
- Failed
- Jan 22, 1991
- Employees
- 18
- Id
- b23221
Quarter by quarter
March 31, 1984 to September 30, 1990
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is American Bank, National Association?
$20.7 million in total assets and $23.3 million in deposits as of September 30, 1990, with assets down 21.1% from a year before. Its loans were $16.3 million.
Is American Bank, National Association profitable?
No: it lost $6.24 million from January 1 to September 30, 1990. Its return on assets was -34.34% a year; about 1% is typical.
When did American Bank, National Association fail?
Jan 22, 1991. United New Mexico Bank At A of Albuquerque, NM took over its deposits. The estimated cost of the failure was $10.9 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.