The Bank of San Diego
San Diego, CA · Owner: BSD Bcorp Inc
$294M
total assets, September 30, 1993
$294M
total assets, September 30, 1993
The Bank of San Diego was a state nonmember bank in San Diego, CA, owned by BSD Bcorp Inc. It failed on Oct 29, 1993, and Grossmont Bank took over its deposits. At its last report it held $294.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1993
This bank failed
- Failed on
- Oct 29, 1993
- Assets
- $294M
- Deposits
- $289M
- Estimated cost
- $58.9M
- Deposits went to
- Grossmont Bank, La Mesa, CA
Total assets
$294M
+66.2% in a year · -3.9% in a quarter
Deposits
$289M
+75.9% in a year · -2.9% in a quarter
Loans
$208M
+52.2% in a year · -8.5% in a quarter
Profit so far
-$8.8M
Jan 1 to Sep 30, 1993
Capital ratio
0.38%
-4.65 pts in a year
Return on assets
-3.48%
-2.08 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 225 Broadway, Suite 110, San Diego, CA, 92138
- County
- San Diego
- Holding company
- BSD Bcorp Inc
- Established
- Mar 1, 1979
- Failed
- Oct 29, 1993
- Employees
- 190
- Id
- b22815
Quarter by quarter
March 31, 1984 to September 30, 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 The Bank of San Diego?
$294.3 million in total assets and $289.1 million in deposits as of September 30, 1993, with assets up 66.2% from a year before. Its loans were $207.5 million.
Is The Bank of San Diego profitable?
No: it lost $8.77 million from January 1 to September 30, 1993. Its return on assets was -3.48% a year; about 1% is typical.
Who owns The Bank of San Diego?
The Bank of San Diego is owned by BSD Bcorp Inc, its holding company.
When did The Bank of San Diego fail?
Oct 29, 1993. Grossmont Bank of La Mesa, CA took over its deposits. The estimated cost of the failure was $58.9 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.