Bank failure · CA

First Bank of Beverly Hills (Calabasas, CA) — failed April 24, 2009

First Bank of Beverly Hills of Calabasas, California was closed on April 24, 2009 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $1.3B in assets and $866.5M in deposits. The FDIC's estimated loss on the failure is $8.4M (0.7% of assets).