$31.3M
total assets, December 31, 1984
South Coast Bank was a state nonmember bank in Costa Mesa, CA. It failed on Apr 12, 1985, and Harbor Bank took over its deposits. At its last report it held $31.3 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1984
This bank failed
- Failed on
- Apr 12, 1985
- Assets
- $31.3M
- Deposits
- $29.5M
- Estimated cost
- $1.2M
- Deposits went to
- Harbor Bank, Long Beach, CA
Total assets
$31.3M
vs a year before: - · -5.9% in a quarter
Deposits
$29.5M
vs a year before: - · -5.7% in a quarter
Loans
$19.5M
vs a year before: - · -3.5% in a quarter
Profit so far
-$981K
Jan 1 to Dec 31, 1984
Capital ratio
2.53%
Return on assets
-2.74%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- 890 Baker Street, Costa Mesa, CA, 92626
- County
- Orange
- Established
- Apr 21, 1975
- Failed
- Apr 12, 1985
- Employees
- 43
- Id
- b21984
Quarter by quarter
March 31, 1984 to December 31, 1984
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 4
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is South Coast Bank?
$31.3 million in total assets and $29.5 million in deposits as of December 31, 1984. Its loans were $19.5 million.
Is South Coast Bank profitable?
No: it lost $981,000 from January 1 to December 31, 1984. Its return on assets was -2.74% a year; about 1% is typical.
When did South Coast Bank fail?
Apr 12, 1985. Harbor Bank of Long Beach, CA took over its deposits. The estimated cost of the failure was $1.15 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.