Garden Grove Community Bank
Garden Grove, CA
$43.9M
total assets, March 31, 1984
$43.9M
total assets, March 31, 1984
Garden Grove Community Bank was a state nonmember bank in Garden Grove, CA. It failed on Jun 1, 1984, and Capital Bank took over its deposits. At its last report it held $43.9 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- Jun 1, 1984
- Assets
- $43.9M
- Deposits
- $41.1M
- Estimated cost
- $5.4M
- Deposits went to
- Capital Bank, Downey, CA
Total assets
$43.9M
vs a year before: -
Deposits
$41.1M
vs a year before: -
Loans
$36.3M
vs a year before: -
Profit so far
$118K
Jan 1 to Mar 31, 1984
Capital ratio
3.67%
Return on assets
1.07%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- 11050 Garden Grove Boulevard, Garden Grove, CA, 92642
- County
- Orange
- Established
- Apr 24, 1979
- Failed
- Jun 1, 1984
- Employees
- 40
- Id
- b22848
Related pages
Questions and answers
How big is Garden Grove Community Bank?
$43.9 million in total assets and $41.1 million in deposits as of March 31, 1984. Its loans were $36.3 million.
Is Garden Grove Community Bank profitable?
Yes: it earned $118,000 from January 1 to March 31, 1984. Its return on assets was 1.07% a year; about 1% is typical.
When did Garden Grove Community Bank fail?
Jun 1, 1984. Capital Bank of Downey, CA took over its deposits. The estimated cost of the failure was $5.41 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.