The Graveyard › Banks › 1993
American Commerce National Bank
Anaheim, CA · failed April 30, 1993 · FDIC certificate 25055
American Commerce National Bank of Anaheim, CA failed on April 30, 1993. It opened on February 29, 1984, 9 years before. At its last report before that it held $139.1 million in assets and $127.7 million in deposits. The FDIC estimates that the Bank Insurance Fund lost $43.6 million on it.
1984-031993-03
Assets at the end$139.1 millionlast report before April 30, 1993
Deposits at the end$127.7 million
Estimated loss to the fund$43.6 millionBIF
Largest in the quarterly reports$139.8 millionSeptember 30, 1992
Equity to assets7.5%March 31, 1993
Loans not being repaid10.4%noncurrent, March 31, 1993
Return on assets-0.25%a year's rate, March 31, 1993
Staff52full time, March 31, 1993
Also ended in 1993
- Western FSB · Marina Del Ray, CA · $3.8 billion in assets
- Old Stone SB · Providence, RI · $1.8 billion in assets
- New England Savings Bank · New London, CT · $914.9 million in assets
- First National Bank of Vermont · Bradford, VT · $295.8 million in assets
- The Bank of San Diego · San Diego, CA · $294.3 million in assets
- Jefferson National Bank · Watertown, NY · $256.0 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.