Bank failure · CA

Mission Viejo National Bank (Mission Viejo, CA) — failed February 28, 1992

Mission Viejo National Bank of Mission Viejo, California was closed on February 28, 1992 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $114.6M in assets and $102.4M in deposits. The FDIC's estimated loss on the failure is $31.4M (27.4% of assets).