$8.8M
total assets, June 30, 1987
Empire National Bank was a national bank in Los Angeles, CA. It failed on Jul 30, 1987, and its insured deposits were paid out. At its last report it held $8.85 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1987
This bank failed
- Failed on
- Jul 30, 1987
- Assets
- $8.8M
- Deposits
- $9.6M
- Estimated cost
- $3.1M
- Deposits went to
- payout
Total assets
$8.8M
-59.4% in a year · -32.7% in a quarter
Deposits
$9.6M
-54.2% in a year · -30.2% in a quarter
Loans
$8.6M
-38.3% in a year · -14.9% in a quarter
Profit so far
-$1.4M
Jan 1 to Jun 30, 1987
Capital ratio
-7.90%
-10.61 pts in a year
Return on assets
-20.16%
-9.06 pts in a year
Facts
- Type
- National bank
- Head office
- 10951 West Pico Boulevard, Los Angeles, CA, 90024
- County
- Los Angeles
- Established
- Sep 5, 1984
- Failed
- Jul 30, 1987
- Employees
- 11
- Id
- b25647
Quarter by quarter
September 30, 1984 to June 30, 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 Empire National Bank?
$8.85 million in total assets and $9.63 million in deposits as of June 30, 1987, with assets down 59.4% from a year before. Its loans were $8.63 million.
Is Empire National Bank profitable?
No: it lost $1.42 million from January 1 to June 30, 1987. Its return on assets was -20.16% a year; about 1% is typical.
When did Empire National Bank fail?
Jul 30, 1987. The estimated cost of the failure was $3.13 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.