Canyon National Bank
Palm Springs, CA · Owner: Canyon Bcorp
$211M
total assets, December 31, 2010
$211M
total assets, December 31, 2010
Canyon National Bank was a national bank in Palm Springs, CA, owned by Canyon Bcorp. It failed on Feb 11, 2011, and Pacific Premier Bank took over its deposits. At its last report it held $210.9 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Feb 11, 2011
- Assets
- $211M
- Deposits
- $205M
- Estimated cost
- $15.6M
- Deposits went to
- Pacific Premier Bank, Costa Mesa, CA
Total assets
$211M
-13.8% in a year · -4.4% in a quarter
Deposits
$205M
-9.9% in a year · -3.5% in a quarter
Loans
$166M
-18.9% in a year · -4.4% in a quarter
Profit so far
-$10.0M
Jan 1 to Dec 31, 2010
Capital ratio
1.38%
-3.29 pts in a year
Return on assets
-4.34%
+2.14 pts in a year
Facts
- Type
- National bank
- Head office
- 1711 East Palm Canyon Drive, Palm Springs, CA, 92264
- County
- Riverside
- Holding company
- Canyon Bcorp
- Established
- Jul 10, 1998
- Failed
- Feb 11, 2011
- Employees
- 71
- Branches
- 4
- Id
- b34692
Quarter by quarter
September 30, 1998 to December 31, 2010
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 Canyon National Bank?
$210.9 million in total assets and $205.3 million in deposits as of December 31, 2010, with assets down 13.8% from a year before. Its loans were $166.3 million.
How many branches does Canyon National Bank have?
4 branches in California as of June 30, 2026.
Is Canyon National Bank profitable?
No: it lost $10.0 million from January 1 to December 31, 2010. Its return on assets was -4.34% a year; about 1% is typical.
Who owns Canyon National Bank?
Canyon National Bank is owned by Canyon Bcorp, its holding company.
When did Canyon National Bank fail?
Feb 11, 2011. Pacific Premier Bank of Costa Mesa, CA took over its deposits. The estimated cost of the failure was $15.6 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.