The Commercial Bank of California was a state nonmember bank in Los Angeles, CA. It failed on May 27, 1983, and First Credit Bank took over its deposits. At its last report it held $32.4 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- May 27, 1983
- Assets
- $32.4M
- Deposits
- $30.2M
- Estimated cost
- $172K
- Deposits went to
- First Credit Bank, Los Angeles, CA
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- 9255 Sunset Boulevard, Los Angeles, CA, 90069
- County
- Los Angeles
- Established
- Dec 28, 1973
- Failed
- May 27, 1983
- Id
- b21364
Related pages
Questions and answers
When did The Commercial Bank of California fail?
May 27, 1983. First Credit Bank of Los Angeles, CA took over its deposits. The estimated cost of the failure was $172,087.
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.