TellerScore

Bank failure · CA

Capital Bank of California (Los Angeles, CA) — failed June 18, 1993

Capital Bank of California of Los Angeles, California was closed on June 18, 1993 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $227.7M in assets and $224.7M in deposits. The FDIC's estimated loss on the failure is $64.1M (28.2% of assets).

Closing date
June 18, 1993
FDIC certificate #
23183
Resolution
Payout (deposit payoff) (failure)
Acquiring institution
0
Insurance fund
BIF

Other failures in 1993

What happens when a bank fails