$79.4M
total assets, March 31, 1993
First California Bank was a state nonmember bank in La Mesa, CA. It failed on Jul 9, 1993, and Valle De Oro Bank Na took over its deposits. At its last report it held $79.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1993
This bank failed
- Failed on
- Jul 9, 1993
- Assets
- $79.4M
- Deposits
- $77.0M
- Estimated cost
- $14.3M
- Deposits went to
- Valle De Oro Bank Na, Spring Valley, CA
Total assets
$79.4M
-35.4% in a year · -5.9% in a quarter
Deposits
$77.0M
-31.6% in a year · -4.5% in a quarter
Loans
$50.0M
-31.6% in a year · -6.3% in a quarter
Profit so far
-$449K
Jan 1 to Mar 31, 1993
Capital ratio
1.94%
-1.54 pts in a year
Return on assets
-2.19%
-2.07 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5250 Jackson Drive, La Mesa, CA, 92041
- County
- San Diego
- Established
- Dec 9, 1985
- Failed
- Jul 10, 1993
- Employees
- 44
- Id
- b26488
Quarter by quarter
December 31, 1985 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 First California Bank?
$79.4 million in total assets and $77.0 million in deposits as of March 31, 1993, with assets down 35.4% from a year before. Its loans were $50.0 million.
Is First California Bank profitable?
No: it lost $449,000 from January 1 to March 31, 1993. Its return on assets was -2.19% a year; about 1% is typical.
When did First California Bank fail?
Jul 9, 1993. Valle De Oro Bank Na of Spring Valley, CA took over its deposits. The estimated cost of the failure was $14.3 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.