The Graveyard › Banks › 2009
California National Bank
Los Angeles, CA · failed October 30, 2009 · FDIC certificate 34659
California National Bank of Los Angeles, CA failed on October 30, 2009. It opened on January 2, 1998, 11 years before. At its last report before that it held $7.8 billion in assets and $6.1 billion in deposits. The FDIC estimates that the Deposit Insurance Fund lost $182.0 million on it.
1998-032009-09
Assets at the end$7.8 billionlast report before October 30, 2009
Deposits at the end$6.1 billion
Estimated loss to the fund$182.0 millionDIF
Largest in the quarterly reports$7.8 billionSeptember 30, 2009
Equity to assets3.9%September 30, 2009
Loans not being repaid6.8%noncurrent, September 30, 2009
Return on assets-0.95%a year's rate, September 30, 2009
Staff726full time, September 30, 2009
Also ended in 2009
- Bank of America N.A. · Charlotte · $1.47 trillion in assets · assisted
- FIA Card Services N.A. · Wilmington · $159.6 billion in assets · assisted
- Countrywide Bank, FSB · Alexandria · $118.0 billion in assets · assisted
- Merrill Lynch Bank USA · Salt Lake City · $61.8 billion in assets · assisted
- Merrill Lynch Bank & Trust Co., FSB · New York · $38.0 billion in assets · assisted
- Bank of America Rhode Island N.A. · Providence · $35.4 billion in assets · assisted
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.