The Bank of Ruidoso
Ruidoso, NM · Owner: New Mexico Bank Holding Co
$27.8M
total assets, December 31, 1989
$27.8M
total assets, December 31, 1989
The Bank of Ruidoso was a state nonmember bank in Ruidoso, NM, owned by New Mexico Bank Holding Co. It failed on Feb 23, 1990, and United New Mexico Bank At A took over its deposits. At its last report it held $27.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1989
This bank failed
- Failed on
- Feb 23, 1990
- Assets
- $27.8M
- Deposits
- $26.5M
- Estimated cost
- $12.7M
- Deposits went to
- United New Mexico Bank At A, Alamogordo, NM
Total assets
$27.8M
-11.1% in a year · +0.7% in a quarter
Deposits
$26.5M
-11.1% in a year · -1.9% in a quarter
Loans
$19.0M
-9.0% in a year · -3.2% in a quarter
Profit so far
-$990K
Jan 1 to Dec 31, 1989
Capital ratio
0.80%
-3.00 pts in a year
Return on assets
-3.41%
+0.09 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 401 Sudderth Drive, Ruidoso, NM, 88345
- County
- Lincoln
- Holding company
- New Mexico Bank Holding Co
- Established
- Mar 9, 1970
- Failed
- Feb 23, 1990
- Employees
- 27
- Id
- b20150
Quarter by quarter
March 31, 1984 to December 31, 1989
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 The Bank of Ruidoso?
$27.8 million in total assets and $26.5 million in deposits as of December 31, 1989, with assets down 11.1% from a year before. Its loans were $19.0 million.
Is The Bank of Ruidoso profitable?
No: it lost $990,000 from January 1 to December 31, 1989. Its return on assets was -3.41% a year; about 1% is typical.
Who owns The Bank of Ruidoso?
The Bank of Ruidoso is owned by New Mexico Bank Holding Co, its holding company.
When did The Bank of Ruidoso fail?
Feb 23, 1990. United New Mexico Bank At A of Alamogordo, NM took over its deposits. The estimated cost of the failure was $12.7 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.