$51.4M
total assets, March 31, 1991
Liberty National Bank was a national bank in Lovington, NM. It failed on May 23, 1991, and Western Commerce Bank took over its deposits. At its last report it held $51.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1991
This bank failed
- Failed on
- May 23, 1991
- Assets
- $51.4M
- Deposits
- $51.6M
- Estimated cost
- $3.9M
- Deposits went to
- Western Commerce Bank, Carlsbad, NM
Total assets
$51.4M
+7.2% in a year · -6.6% in a quarter
Deposits
$51.6M
+10.8% in a year · -3.5% in a quarter
Loans
$33.4M
+5.7% in a year · -2.3% in a quarter
Profit so far
-$1.8M
Jan 1 to Mar 31, 1991 · -2232.5% in a year
Capital ratio
-0.74%
-3.04 pts in a year
Return on assets
-13.31%
-14.00 pts in a year
Facts
- Type
- National bank
- Head office
- 18 West Adams Street, Lovington, NM, 88260
- County
- Lea
- Established
- Feb 28, 1947
- Failed
- May 23, 1991
- Employees
- 57
- Id
- b16544
Quarter by quarter
March 31, 1984 to March 31, 1991
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 Liberty National Bank?
$51.4 million in total assets and $51.6 million in deposits as of March 31, 1991, with assets up 7.2% from a year before. Its loans were $33.4 million.
Is Liberty National Bank profitable?
No: it lost $1.77 million from January 1 to March 31, 1991. Its return on assets was -13.31% a year; about 1% is typical.
When did Liberty National Bank fail?
May 23, 1991. Western Commerce Bank of Carlsbad, NM took over its deposits. The estimated cost of the failure was $3.92 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.