Monument National Bank
Ridgecrest, CA · Owner: Monument Bancshares Inc
$7.9M
total assets, March 31, 2000
$7.9M
total assets, March 31, 2000
Monument National Bank was a national bank in Ridgecrest, CA, owned by Monument Bancshares Inc. It failed on Jun 2, 2000, and Israel Discount Bank Of New took over its deposits. At its last report it held $7.92 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2000
This bank failed
- Failed on
- Jun 2, 2000
- Assets
- $7.9M
- Deposits
- $7.7M
- Estimated cost
- $617K
- Deposits went to
- Israel Discount Bank Of New, New York, NY
Total assets
$7.9M
-23.4% in a year · -6.4% in a quarter
Deposits
$7.7M
-21.3% in a year · -6.5% in a quarter
Loans
$4.9M
-27.7% in a year · -13.8% in a quarter
Profit so far
-$156K
Jan 1 to Mar 31, 2000
Capital ratio
2.11%
-2.43 pts in a year
Return on assets
-7.61%
-5.36 pts in a year
Facts
- Type
- National bank
- Head office
- 1450 North Norma, Ridgecrest, CA, 93555
- County
- Kern
- Holding company
- Monument Bancshares Inc
- Established
- Mar 1, 1984
- Failed
- Jun 2, 2000
- Employees
- 13
- Branches
- 2
- Id
- b25056
Quarter by quarter
March 31, 1984 to March 31, 2000
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 Monument National Bank?
$7.92 million in total assets and $7.68 million in deposits as of March 31, 2000, with assets down 23.4% from a year before. Its loans were $4.86 million.
How many branches does Monument National Bank have?
2 branches in California as of June 30, 2026.
Is Monument National Bank profitable?
No: it lost $156,000 from January 1 to March 31, 2000. Its return on assets was -7.61% a year; about 1% is typical.
Who owns Monument National Bank?
Monument National Bank is owned by Monument Bancshares Inc, its holding company.
When did Monument National Bank fail?
Jun 2, 2000. Israel Discount Bank Of New of New York, NY took over its deposits. The estimated cost of the failure was $616,577.
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.