New City Bank
Orange, CA · Owner: New City Bcorp
$26.0M
total assets, December 31, 1986
$26.0M
total assets, December 31, 1986
New City Bank was a state nonmember bank in Orange, CA, owned by New City Bcorp. It failed on Mar 20, 1987, and Colonial Bank National A took over its deposits. At its last report it held $26.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1986
This bank failed
- Failed on
- Mar 20, 1987
- Assets
- $26.0M
- Deposits
- $25.8M
- Estimated cost
- $5.6M
- Deposits went to
- Colonial Bank National A, Orange, CA
Total assets
$26.0M
-33.3% in a year · -4.7% in a quarter
Deposits
$25.8M
-26.5% in a year · -1.1% in a quarter
Loans
$16.8M
-39.9% in a year · -11.7% in a quarter
Profit so far
-$3.5M
Jan 1 to Dec 31, 1986 · -955.9% in a year
Capital ratio
0.33%
-9.57 pts in a year
Return on assets
-10.53%
-11.85 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 200 South Manchester Avenue, Orange, CA, 92668
- County
- Orange
- Holding company
- New City Bcorp
- Established
- Oct 18, 1983
- Failed
- Mar 20, 1987
- Employees
- 26
- Id
- b24789
Quarter by quarter
March 31, 1984 to December 31, 1986
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 New City Bank?
$26.0 million in total assets and $25.8 million in deposits as of December 31, 1986, with assets down 33.3% from a year before. Its loans were $16.8 million.
Is New City Bank profitable?
No: it lost $3.51 million from January 1 to December 31, 1986. Its return on assets was -10.53% a year; about 1% is typical.
Who owns New City Bank?
New City Bank is owned by New City Bcorp, its holding company.
When did New City Bank fail?
Mar 20, 1987. Colonial Bank National A of Orange, CA took over its deposits. The estimated cost of the failure was $5.56 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.