The First National Bank of Keystone
Keystone, WV
$1.1B
total assets, June 30, 1999
$1.1B
total assets, June 30, 1999
The First National Bank of Keystone was a national bank in Keystone, WV. It failed on Sep 1, 1999, and Ameribank, Incorporated took over its deposits. At its last report it held $1.1 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1999
This bank failed
- Failed on
- Sep 1, 1999
- Assets
- $1.1B
- Deposits
- $881M
- Estimated cost
- $532M
- Deposits went to
- Ameribank, Incorporated, Welch, WV
Total assets
$1.1B
+30.6% in a year · +0.2% in a quarter
Deposits
$881M
+38.0% in a year · +2.9% in a quarter
Loans
$610M
+32.0% in a year · -1.9% in a quarter
Profit so far
$538K
Jan 1 to Jun 30, 1999 · -97.4% in a year
Capital ratio
16.36%
+0.27 pts in a year
Return on assets
0.10%
-4.76 pts in a year
Facts
- Type
- National bank
- Head office
- Main Street, Keystone, WV, 24868
- County
- Mcdowell
- Established
- Jan 1, 1904
- Failed
- Sep 7, 1999
- Employees
- 87
- Branches
- 3
- Id
- b6771
Quarter by quarter
March 31, 1984 to June 30, 1999
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 First National Bank of Keystone?
$1.1 billion in total assets and $880.9 million in deposits as of June 30, 1999, with assets up 30.6% from a year before. Its loans were $610.4 million.
How many branches does The First National Bank of Keystone have?
3 branches in West Virginia as of June 30, 2026.
Is The First National Bank of Keystone profitable?
Yes: it earned $538,000 from January 1 to June 30, 1999 (down 97.4% from the same months a year before). Its return on assets was 0.10% a year; about 1% is typical.
When did The First National Bank of Keystone fail?
Sep 1, 1999. Ameribank, Incorporated of Welch, WV took over its deposits. The estimated cost of the failure was $532.2 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.