Maritime Bank of California
Los Angeles, CA
$31.8M
total assets, June 30, 1993
$31.8M
total assets, June 30, 1993
Maritime Bank of California was a state nonmember bank in Los Angeles, CA. It failed on Aug 27, 1993, and Western Bank took over its deposits. At its last report it held $31.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1993
This bank failed
- Failed on
- Aug 27, 1993
- Assets
- $31.8M
- Deposits
- $30.9M
- Estimated cost
- $5.9M
- Deposits went to
- Western Bank, Los Angeles, CA
Total assets
$31.8M
-21.4% in a year · -9.6% in a quarter
Deposits
$30.9M
-17.5% in a year · -8.4% in a quarter
Loans
$22.8M
-29.6% in a year · -4.4% in a quarter
Profit so far
-$930K
Jan 1 to Jun 30, 1993
Capital ratio
0.77%
-4.71 pts in a year
Return on assets
-5.27%
-3.66 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2121 Avenue Of The Stars, Ground Level, Los Angeles, CA, 90067
- County
- Los Angeles
- Established
- Jun 10, 1980
- Failed
- Aug 27, 1993
- Employees
- 21
- Id
- b23135
Quarter by quarter
March 31, 1984 to June 30, 1993
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 Maritime Bank of California?
$31.8 million in total assets and $30.9 million in deposits as of June 30, 1993, with assets down 21.4% from a year before. Its loans were $22.8 million.
Is Maritime Bank of California profitable?
No: it lost $930,000 from January 1 to June 30, 1993. Its return on assets was -5.27% a year; about 1% is typical.
When did Maritime Bank of California fail?
Aug 27, 1993. Western Bank of Los Angeles, CA took over its deposits. The estimated cost of the failure was $5.92 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.