Bank of Los Gatos, National Association
Los Gatos, CA
$13.1M
total assets, March 31, 1987
$13.1M
total assets, March 31, 1987
Bank of Los Gatos, National Association was a national bank in Los Gatos, CA. It failed on Jul 23, 1987, and Bank Of The West took over its deposits. At its last report it held $13.1 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1987
This bank failed
- Failed on
- Jul 23, 1987
- Assets
- $13.1M
- Deposits
- $12.9M
- Estimated cost
- $1.3M
- Deposits went to
- Bank Of The West, San Francisco, CA
Total assets
$13.1M
+5.6% in a year · -19.6% in a quarter
Deposits
$12.9M
+24.3% in a year · -18.8% in a quarter
Loans
$10.4M
+0.7% in a year · +4.9% in a quarter
Profit so far
-$182K
Jan 1 to Mar 31, 1987
Capital ratio
-0.06%
-14.64 pts in a year
Return on assets
-4.93%
+0.12 pts in a year
Facts
- Type
- National bank
- Head office
- 160 West Main Street, Los Gatos, CA, 95030
- County
- Santa Clara
- Established
- Jun 20, 1984
- Failed
- Jul 23, 1987
- Employees
- 14
- Id
- b25285
Quarter by quarter
June 30, 1984 to March 31, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Los Gatos, National Association?
$13.1 million in total assets and $12.9 million in deposits as of March 31, 1987, with assets up 5.6% from a year before. Its loans were $10.4 million.
Is Bank of Los Gatos, National Association profitable?
No: it lost $182,000 from January 1 to March 31, 1987. Its return on assets was -4.93% a year; about 1% is typical.
When did Bank of Los Gatos, National Association fail?
Jul 23, 1987. Bank Of The West of San Francisco, CA took over its deposits. The estimated cost of the failure was $1.29 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.