Palos Verdes National Bank
Rolling Hills Estates, CA
$45.6M
total assets, March 31, 1993
$45.6M
total assets, March 31, 1993
Palos Verdes National Bank was a national bank in Rolling Hills Estates, CA. It failed on May 21, 1993, and Peninsula Bank National took over its deposits. At its last report it held $45.6 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1993
This bank failed
- Failed on
- May 21, 1993
- Assets
- $45.6M
- Deposits
- $47.8M
- Estimated cost
- $10.3M
- Deposits went to
- Peninsula Bank National, Rolling Hills Es, CA
Total assets
$45.6M
-18.6% in a year · +3.8% in a quarter
Deposits
$47.8M
-10.9% in a year · +7.0% in a quarter
Loans
$32.8M
-23.6% in a year · -7.2% in a quarter
Profit so far
-$560K
Jan 1 to Mar 31, 1993
Capital ratio
-6.49%
-10.44 pts in a year
Return on assets
-5.00%
+0.08 pts in a year
Facts
- Type
- National bank
- Head office
- 395 Silver Spur Road, Rolling Hills Estates, CA, 90274
- County
- Los Angeles
- Established
- Apr 19, 1982
- Failed
- May 20, 1993
- Employees
- 23
- Id
- b23796
Quarter by quarter
March 31, 1984 to March 31, 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 Palos Verdes National Bank?
$45.6 million in total assets and $47.8 million in deposits as of March 31, 1993, with assets down 18.6% from a year before. Its loans were $32.8 million.
Is Palos Verdes National Bank profitable?
No: it lost $560,000 from January 1 to March 31, 1993. Its return on assets was -5.00% a year; about 1% is typical.
When did Palos Verdes National Bank fail?
May 21, 1993. Peninsula Bank National of Rolling Hills Es, CA took over its deposits. The estimated cost of the failure was $10.3 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.