Golden City Commercial Bank
New York, NY
$87.2M
total assets, September 30, 1999
$87.2M
total assets, September 30, 1999
Golden City Commercial Bank was a state nonmember bank in New York, NY. It failed on Dec 10, 1999, and Cathay Bank took over its deposits. At its last report it held $87.2 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1999
This bank failed
- Failed on
- Dec 10, 1999
- Assets
- $87.2M
- Deposits
- $80.4M
- Estimated cost
- Not known
- Deposits went to
- Cathay Bank, Los Angeles, CA
Total assets
$87.2M
+7.5% in a year · 0.0% in a quarter
Deposits
$80.4M
+9.2% in a year · -0.1% in a quarter
Loans
$33.9M
-3.1% in a year · -6.7% in a quarter
Profit so far
-$1.6M
Jan 1 to Sep 30, 1999 · -2567.7% in a year
Capital ratio
5.27%
-2.69 pts in a year
Return on assets
-2.49%
-2.61 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 40-14/16 Main Street, New York, NY, 10044
- County
- Queens
- Established
- Aug 18, 1986
- Failed
- Dec 10, 1999
- Employees
- 52
- Branches
- 2
- Id
- b26748
Quarter by quarter
September 30, 1986 to September 30, 1999
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 Golden City Commercial Bank?
$87.2 million in total assets and $80.4 million in deposits as of September 30, 1999, with assets up 7.5% from a year before. Its loans were $33.9 million.
How many branches does Golden City Commercial Bank have?
2 branches in New York as of June 30, 2026.
Is Golden City Commercial Bank profitable?
No: it lost $1.60 million from January 1 to September 30, 1999. Its return on assets was -2.49% a year; about 1% is typical.
When did Golden City Commercial Bank fail?
Dec 10, 1999. Cathay Bank of Los Angeles, CA took over its deposits.
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.