California Heritage Bank
San Diego, CA · Owner: Mesa Bcorp
$24.1M
total assets, September 30, 1985
$24.1M
total assets, September 30, 1985
California Heritage Bank was a state nonmember bank in San Diego, CA, owned by Mesa Bcorp. It failed on Nov 22, 1985, and Grossmont Bank took over its deposits. At its last report it held $24.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1985
This bank failed
- Failed on
- Nov 22, 1985
- Assets
- $24.1M
- Deposits
- $22.4M
- Estimated cost
- $3.2M
- Deposits went to
- Grossmont Bank, La Mesa, CA
Total assets
$24.1M
-5.6% in a year · 0.0% in a quarter
Deposits
$22.4M
+5.4% in a year · 0.0% in a quarter
Loans
$16.4M
-12.4% in a year · 0.0% in a quarter
Profit so far
-$1.4M
Jan 1 to Sep 30, 1985
Capital ratio
-0.44%
-8.25 pts in a year
Return on assets
-7.22%
-6.87 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3737 5th Avenue, San Diego, CA, 92103
- County
- San Diego
- Holding company
- Mesa Bcorp
- Established
- Jul 10, 1974
- Failed
- Nov 23, 1985
- Employees
- 38
- Id
- b21691
Quarter by quarter
March 31, 1984 to September 30, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 7
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is California Heritage Bank?
$24.1 million in total assets and $22.4 million in deposits as of September 30, 1985, with assets down 5.6% from a year before. Its loans were $16.4 million.
Is California Heritage Bank profitable?
No: it lost $1.45 million from January 1 to September 30, 1985. Its return on assets was -7.22% a year; about 1% is typical.
Who owns California Heritage Bank?
California Heritage Bank is owned by Mesa Bcorp, its holding company.
When did California Heritage Bank fail?
Nov 22, 1985. Grossmont Bank of La Mesa, CA took over its deposits. The estimated cost of the failure was $3.23 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.