Bank failure · CA
West Coast Bank (Los Angeles, CA) — failed April 27, 1984
West Coast Bank of Los Angeles, California was closed on April 27, 1984 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $198.2M in assets and $190.0M in deposits. The FDIC's estimated loss on the failure is $12.7M (6.4% of assets).
- Closing date
- April 27, 1984
- FDIC certificate #
- 22744
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- FDIC
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