The Graveyard › Banks › 1994
Barbary Coast National Bank
San Francisco, CA · failed May 19, 1994 · FDIC certificate 27027
Barbary Coast National Bank of San Francisco, CA failed on May 19, 1994. It opened on July 27, 1987, 6 years before. At its last report before that it held $10.7 million in assets and $9.3 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1991, it held $47.9 million. The FDIC estimates that the Bank Insurance Fund lost $684,100 on it.
1987-091994-03
Assets at the end$10.7 millionlast report before May 19, 1994
Deposits at the end$9.3 million
Estimated loss to the fund$684,100BIF
Largest in the quarterly reports$47.9 millionJune 30, 1991
Equity to assets10.4%March 31, 1994
Loans not being repaid11.4%noncurrent, March 31, 1994
Return on assets-5.83%a year's rate, March 31, 1994
Staff7full time, March 31, 1994
Also ended in 1994
- The Bank of Hartford · Hartford, CT · $321.5 million in assets
- Ludlow Savings Bank · Ludlow, MA · $222.7 million in assets
- Bank of Newport · Newport Beach, CA · $167.8 million in assets
- Mechanics National Bank · Paramount, CA · $148.7 million in assets
- CommerceBank · Newport Beach, CA · $142.3 million in assets
- Pioneer Bank · Fullerton, CA · $133.3 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.