$3.6B
total assets, December 31, 2009
La Jolla Bank, FSB was a savings bank in La Jolla, CA. It failed on Feb 19, 2010, and Onewest Bank, FSB took over its deposits. At its last report it held $3.6 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Feb 19, 2010
- Assets
- $3.6B
- Deposits
- $2.8B
- Estimated cost
- $560M
- Deposits went to
- Onewest Bank, FSB, Pasadena, CA
Total assets
$3.6B
-4.3% in a year · -5.2% in a quarter
Deposits
$2.8B
+34.3% in a year · +1.4% in a quarter
Loans
$3.3B
-8.2% in a year · -6.9% in a quarter
Profit so far
-$254M
Jan 1 to Dec 31, 2009 · -763.6% in a year
Capital ratio
0.67%
-6.65 pts in a year
Return on assets
-6.66%
-7.71 pts in a year
Facts
- Type
- Savings bank
- Head office
- 888 Prospect Street, La Jolla, CA, 92037
- County
- San Diego
- Established
- Dec 5, 1985
- Failed
- Feb 19, 2010
- Employees
- 124
- Branches
- 10 in 2 states
- Id
- b32423
Quarter by quarter
December 31, 1985 to December 31, 2009
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 La Jolla Bank, FSB?
$3.6 billion in total assets and $2.8 billion in deposits as of December 31, 2009, with assets down 4.3% from a year before. Its loans were $3.3 billion.
How many branches does La Jolla Bank, FSB have?
10 branches in 2 states as of June 30, 2026.
Is La Jolla Bank, FSB profitable?
No: it lost $253.9 million from January 1 to December 31, 2009. Its return on assets was -6.66% a year; about 1% is typical.
When did La Jolla Bank, FSB fail?
Feb 19, 2010. Onewest Bank, FSB of Pasadena, CA took over its deposits. The estimated cost of the failure was $560.1 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.