County Bank
Merced, CA · Owner: Capital Corp of the West
$1.7B
total assets, December 31, 2008
$1.7B
total assets, December 31, 2008
County Bank was a state member bank in Merced, CA, owned by Capital Corp of the West. It failed on Feb 6, 2009, and Westamerica Bank took over its deposits. At its last report it held $1.7 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2008
This bank failed
- Failed on
- Feb 6, 2009
- Assets
- $1.7B
- Deposits
- $1.3B
- Estimated cost
- $61.8M
- Deposits went to
- Westamerica Bank, San Rafael, CA
Total assets
$1.7B
-17.8% in a year · -7.6% in a quarter
Deposits
$1.3B
-21.0% in a year · -7.9% in a quarter
Loans
$1.3B
-13.4% in a year · -6.4% in a quarter
Profit so far
-$96.0M
Jan 1 to Dec 31, 2008
Capital ratio
3.12%
-3.28 pts in a year
Return on assets
-4.91%
-4.77 pts in a year
Facts
- Type
- State member bank
- Head office
- 550 W. Main Street, Merced, CA, 95340
- County
- Merced
- Holding company
- Capital Corp of the West
- Established
- Dec 22, 1977
- Failed
- Feb 6, 2009
- Employees
- 465
- Branches
- 41
- Id
- b22574
Quarter by quarter
March 31, 1984 to December 31, 2008
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 County Bank?
$1.7 billion in total assets and $1.3 billion in deposits as of December 31, 2008, with assets down 17.8% from a year before. Its loans were $1.3 billion.
How many branches does County Bank have?
41 branches in California as of June 30, 2026.
Is County Bank profitable?
No: it lost $96.0 million from January 1 to December 31, 2008. Its return on assets was -4.91% a year; about 1% is typical.
Who owns County Bank?
County Bank is owned by Capital Corp of the West, its holding company.
When did County Bank fail?
Feb 6, 2009. Westamerica Bank of San Rafael, CA took over its deposits. The estimated cost of the failure was $61.8 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.