Bank failure · CA
Imperial Capital Bank (LA Jolla, CA) — failed December 18, 2009
Imperial Capital Bank of LA Jolla, California was closed on December 18, 2009 and resolved through a purchase and assumption. City National Bank (CA) took over its insured deposits. At failure it held $4.0B in assets and $2.8B in deposits. The FDIC's estimated loss on the failure is $266.2M (6.6% of assets).
- Closing date
- December 18, 2009
- FDIC certificate #
- 26348
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- City National Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
Other failures in 2009
- Peoples First Community Bank FL
- New South Federal Savings Bank AL
- First Federal Bank of California, a Federal Savings Bank CA
- Independent Bankers' Bank IL
- Citizens State Bank MI
- Rockbridge Commercial Bank GA
- Republic Federal Bank, N.A. FL
- Valley Capital Bank, N.A. AZ
- Solutionsbank KS
- Greater Atlantic Bank VA
- Amtrust Bank OH
- First Security National Bank GA
- Benchmark Bank IL
- The Buckhead Community Bank GA
- The Tatnall Bank GA
- Commerce Bank of Southwest Florida FL
- Orion Bank FL
- Century Bank, a Federal Savings Bank FL
- Pacific Coast National Bank CA
- Prosperan Bank MN
- United Commercial Bank CA
- Home Federal Savings Bank MI
- United Security Bank GA
- Gateway Bank of St Louis MO