The Graveyard › Banks › 2009
Pacific Coast National Bank
San Clemente, CA · failed November 13, 2009 · FDIC certificate 57914
Pacific Coast National Bank of San Clemente, CA failed on November 13, 2009. It opened on May 16, 2005, 4 years before. At its last report before that it held $131.4 million in assets and $128.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $157.1 million. The FDIC estimates that the Deposit Insurance Fund lost $33.5 million on it.
2005-062009-09
Assets at the end$131.4 millionlast report before November 13, 2009
Deposits at the end$128.9 million
Estimated loss to the fund$33.5 millionDIF
Largest in the quarterly reports$157.1 millionMarch 31, 2009
Equity to assets1.6%September 30, 2009
Loans not being repaid14.0%noncurrent, September 30, 2009
Return on assets-6.55%a year's rate, September 30, 2009
Staff24full 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.