Manilabank California
Los Angeles, CA · Owner: Manila Banking Corp
$20.8M
total assets, December 31, 1990
$20.8M
total assets, December 31, 1990
Manilabank California was a state nonmember bank in Los Angeles, CA, owned by Manila Banking Corp. It failed on Mar 8, 1991, and Ust California, National As took over its deposits. At its last report it held $20.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1990
This bank failed
- Failed on
- Mar 8, 1991
- Assets
- $20.8M
- Deposits
- $20.3M
- Estimated cost
- $3.9M
- Deposits went to
- Ust California, National As, Los Angeles, CA
Total assets
$20.8M
-31.5% in a year · -11.2% in a quarter
Deposits
$20.3M
-25.8% in a year · -7.9% in a quarter
Loans
$12.5M
-31.2% in a year · -14.0% in a quarter
Profit so far
-$2.3M
Jan 1 to Dec 31, 1990
Capital ratio
0.61%
-7.15 pts in a year
Return on assets
-9.33%
-5.66 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 350 South Figueroa Street, Los Angeles, CA, 90071
- County
- Los Angeles
- Holding company
- Manila Banking Corp
- Established
- Jul 20, 1983
- Failed
- Mar 8, 1991
- Employees
- 16
- Id
- b24588
Quarter by quarter
March 31, 1984 to December 31, 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 Manilabank California?
$20.8 million in total assets and $20.3 million in deposits as of December 31, 1990, with assets down 31.5% from a year before. Its loans were $12.5 million.
Is Manilabank California profitable?
No: it lost $2.34 million from January 1 to December 31, 1990. Its return on assets was -9.33% a year; about 1% is typical.
Who owns Manilabank California?
Manilabank California is owned by Manila Banking Corp, its holding company.
When did Manilabank California fail?
Mar 8, 1991. Ust California, National As of Los Angeles, CA took over its deposits. The estimated cost of the failure was $3.93 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.