Moncor Bank, National Association
Hobbs, NM · Owner: Moncor Inc
$256M
total assets, March 31, 1985
$256M
total assets, March 31, 1985
Moncor Bank, National Association was a national bank in Hobbs, NM, owned by Moncor Inc. It failed on Aug 30, 1985, and United Bank Of Lea Count took over its deposits. At its last report it held $229.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- Aug 30, 1985
- Assets
- $229M
- Deposits
- $220M
- Estimated cost
- $54.0M
- Deposits went to
- United Bank Of Lea Count, Hobbs, NM
Total assets
$256M
-15.4% in a year · -4.5% in a quarter
Deposits
$245M
-6.4% in a year · -0.1% in a quarter
Loans
$178M
-17.2% in a year · -10.1% in a quarter
Profit so far
-$5.4M
Jan 1 to Mar 31, 1985
Capital ratio
0.10%
-5.37 pts in a year
Return on assets
-8.28%
-6.89 pts in a year
Facts
- Type
- National bank
- Head office
- 200 East Broadway, Hobbs, NM, 88240
- County
- Lea
- Holding company
- Moncor Inc
- Established
- Jun 25, 1949
- Failed
- Aug 30, 1985
- Employees
- 200
- Id
- b16798
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Moncor Bank, National Association?
$256.4 million in total assets and $245.0 million in deposits as of March 31, 1985, with assets down 15.4% from a year before. Its loans were $177.9 million.
Is Moncor Bank, National Association profitable?
No: it lost $5.43 million from January 1 to March 31, 1985. Its return on assets was -8.28% a year; about 1% is typical.
Who owns Moncor Bank, National Association?
Moncor Bank, National Association is owned by Moncor Inc, its holding company.
When did Moncor Bank, National Association fail?
Aug 30, 1985. United Bank Of Lea Count of Hobbs, NM took over its deposits. The estimated cost of the failure was $54.0 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.