First Pacific Bank
Beverly Hills, CA · Owner: First Pacific Bcorp Inc
$119M
total assets, June 30, 1990
$119M
total assets, June 30, 1990
First Pacific Bank was a state nonmember bank in Beverly Hills, CA, owned by First Pacific Bcorp Inc. It failed on Aug 10, 1990, and Commercial Center Bank took over its deposits. At its last report it held $118.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1990
This bank failed
- Failed on
- Aug 10, 1990
- Assets
- $119M
- Deposits
- $113M
- Estimated cost
- $43.4M
- Deposits went to
- Commercial Center Bank, Santa Ana, CA
Total assets
$119M
+10.3% in a year · -1.0% in a quarter
Deposits
$113M
+10.1% in a year · -0.6% in a quarter
Loans
$81.4M
+2.1% in a year · +1.2% in a quarter
Profit so far
-$728K
Jan 1 to Jun 30, 1990
Capital ratio
2.62%
+0.18 pts in a year
Return on assets
-1.22%
-1.14 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 469 North Canon Drive, Beverly Hills, CA, 90210
- County
- Los Angeles
- Holding company
- First Pacific Bcorp Inc
- Established
- Sep 28, 1972
- Failed
- Aug 10, 1990
- Employees
- 68
- Id
- b20816
Quarter by quarter
March 31, 1984 to June 30, 1990
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 Pacific Bank?
$118.8 million in total assets and $113.2 million in deposits as of June 30, 1990, with assets up 10.3% from a year before. Its loans were $81.4 million.
Is First Pacific Bank profitable?
No: it lost $728,000 from January 1 to June 30, 1990. Its return on assets was -1.22% a year; about 1% is typical.
Who owns First Pacific Bank?
First Pacific Bank is owned by First Pacific Bcorp Inc, its holding company.
When did First Pacific Bank fail?
Aug 10, 1990. Commercial Center Bank of Santa Ana, CA took over its deposits. The estimated cost of the failure was $43.4 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.