Palm Desert National Bank
Palm Desert, CA · Owner: Palm Desert Investments
$129M
total assets, March 31, 2012
$129M
total assets, March 31, 2012
Palm Desert National Bank was a national bank in Palm Desert, CA, owned by Palm Desert Investments. It failed on Apr 27, 2012, and Pacific Premier Bank took over its deposits. At its last report it held $129.3 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2012
This bank failed
- Failed on
- Apr 27, 2012
- Assets
- $129M
- Deposits
- $129M
- Estimated cost
- $26.3M
- Deposits went to
- Pacific Premier Bank, Costa Mesa, CA
Total assets
$129M
-44.5% in a year · +2.8% in a quarter
Deposits
$129M
-43.3% in a year · +5.1% in a quarter
Loans
$76.3M
-26.3% in a year · -3.3% in a quarter
Profit so far
-$2.0M
Jan 1 to Mar 31, 2012
Capital ratio
0.07%
-1.99 pts in a year
Return on assets
-6.20%
-3.29 pts in a year
Facts
- Type
- National bank
- Head office
- 73-745 El Paseo Drive, Palm Desert, CA, 92260
- County
- Riverside
- Holding company
- Palm Desert Investments
- Established
- Dec 7, 1981
- Failed
- Apr 27, 2012
- Employees
- 33
- Branches
- 1
- Id
- b23632
Quarter by quarter
March 31, 1984 to March 31, 2012
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 Palm Desert National Bank?
$129.3 million in total assets and $129.0 million in deposits as of March 31, 2012, with assets down 44.5% from a year before. Its loans were $76.3 million.
How many branches does Palm Desert National Bank have?
1 branch in California as of June 30, 2026.
Is Palm Desert National Bank profitable?
No: it lost $1.98 million from January 1 to March 31, 2012. Its return on assets was -6.20% a year; about 1% is typical.
Who owns Palm Desert National Bank?
Palm Desert National Bank is owned by Palm Desert Investments, its holding company.
When did Palm Desert National Bank fail?
Apr 27, 2012. Pacific Premier Bank of Costa Mesa, CA took over its deposits. The estimated cost of the failure was $26.3 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.