Bank failure · CA

The Financial Center Bank, N.A. (San Francisco, CA) — failed May 4, 1992

The Financial Center Bank, N.A. of San Francisco, California was closed on May 4, 1992 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $225.2M in assets and $218.8M in deposits. The FDIC's estimated loss on the failure is $25.6M (11.4% of assets).