City National Bank of Washington
Washington, DC · Owner: City National Bcorp Inc
$24.0M
total assets, March 31, 1993
$24.0M
total assets, March 31, 1993
City National Bank of Washington was a national bank in Washington, DC, owned by City National Bcorp Inc. It failed on Jun 25, 1993, and Crestar Bank National As took over its deposits. At its last report it held $24.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1993
This bank failed
- Failed on
- Jun 25, 1993
- Assets
- $24.0M
- Deposits
- $22.7M
- Estimated cost
- $1.0M
- Deposits went to
- Crestar Bank National As, Washington, DC
Total assets
$24.0M
-35.0% in a year · -12.4% in a quarter
Deposits
$22.7M
-34.4% in a year · -12.1% in a quarter
Loans
$17.8M
-24.5% in a year · -4.5% in a quarter
Profit so far
-$234K
Jan 1 to Mar 31, 1993
Capital ratio
2.02%
-2.08 pts in a year
Return on assets
-3.65%
-2.29 pts in a year
Facts
- Type
- National bank
- Head office
- 1301 Connecticut Avenue, N.W., Washington, DC, 20036
- County
- District Of Columbia
- Holding company
- City National Bcorp Inc
- Established
- Jul 18, 1988
- Failed
- Jun 25, 1993
- Employees
- 13
- Id
- b27307
Quarter by quarter
September 30, 1988 to March 31, 1993
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 City National Bank of Washington?
$24.0 million in total assets and $22.7 million in deposits as of March 31, 1993, with assets down 35.0% from a year before. Its loans were $17.8 million.
Is City National Bank of Washington profitable?
No: it lost $234,000 from January 1 to March 31, 1993. Its return on assets was -3.65% a year; about 1% is typical.
Who owns City National Bank of Washington?
City National Bank of Washington is owned by City National Bcorp Inc, its holding company.
When did City National Bank of Washington fail?
Jun 25, 1993. Crestar Bank National As of Washington, DC took over its deposits. The estimated cost of the failure was $1.02 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.