Bank failure · CA
Empire National Bank (Los Angeles, CA) — failed July 30, 1987
Empire National Bank of Los Angeles, California was closed on July 30, 1987 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $8.8M in assets and $9.6M in deposits. The FDIC's estimated loss on the failure is $3.1M (35.4% of assets).
- Closing date
- July 30, 1987
- FDIC certificate #
- 25647
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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