Mirae Bank
Los Angeles, CA · Owner: Mirae Bcorp
$481M
total assets, March 31, 2009
$481M
total assets, March 31, 2009
Mirae Bank was a state nonmember bank in Los Angeles, CA, owned by Mirae Bcorp. It failed on Jun 26, 2009, and Wilshire State Bank took over its deposits. At its last report it held $480.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2009
This bank failed
- Failed on
- Jun 26, 2009
- Assets
- $481M
- Deposits
- $410M
- Estimated cost
- $45.3M
- Deposits went to
- Wilshire State Bank, Los Angeles, CA
Total assets
$481M
+7.3% in a year · +13.6% in a quarter
Deposits
$410M
+16.0% in a year · +21.7% in a quarter
Loans
$346M
-6.8% in a year · -3.2% in a quarter
Profit so far
-$7.2M
Jan 1 to Mar 31, 2009 · -23983.3% in a year
Capital ratio
3.12%
-7.65 pts in a year
Return on assets
-6.34%
-6.37 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3255 Wilshire Boulevard #1100, Los Angeles, CA, 90010
- County
- Los Angeles
- Holding company
- Mirae Bcorp
- Established
- Jul 1, 2002
- Failed
- Jun 26, 2009
- Employees
- 98
- Branches
- 4
- Id
- b57332
Quarter by quarter
September 30, 2002 to March 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 Mirae Bank?
$480.6 million in total assets and $410.0 million in deposits as of March 31, 2009, with assets up 7.3% from a year before. Its loans were $346.4 million.
How many branches does Mirae Bank have?
4 branches in California as of June 30, 2026.
Is Mirae Bank profitable?
No: it lost $7.17 million from January 1 to March 31, 2009. Its return on assets was -6.34% a year; about 1% is typical.
Who owns Mirae Bank?
Mirae Bank is owned by Mirae Bcorp, its holding company.
When did Mirae Bank fail?
Jun 26, 2009. Wilshire State Bank of Los Angeles, CA took over its deposits. The estimated cost of the failure was $45.3 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.