The Merchant Bank of California
Beverly Hills, CA
$62.4M
total assets, March 31, 1990
$62.4M
total assets, March 31, 1990
The Merchant Bank of California was a state nonmember bank in Beverly Hills, CA. It failed on Jun 8, 1990, and Western Bank took over its deposits. At its last report it held $62.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- Jun 8, 1990
- Assets
- $62.4M
- Deposits
- $61.0M
- Estimated cost
- $3.4M
- Deposits went to
- Western Bank, Los Angeles, CA
Total assets
$62.4M
+1.2% in a year · -3.4% in a quarter
Deposits
$61.0M
+2.5% in a year · -3.2% in a quarter
Loans
$46.6M
+4.6% in a year · +1.5% in a quarter
Profit so far
-$133K
Jan 1 to Mar 31, 1990 · -2316.7% in a year
Capital ratio
1.75%
-0.99 pts in a year
Return on assets
-0.84%
-0.88 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 9100 Wilshire Boulevard, Suite 223, Beverly Hills, CA, 90212
- County
- Los Angeles
- Established
- Apr 19, 1982
- Failed
- Jun 8, 1990
- Employees
- 30
- Id
- b23795
Quarter by quarter
March 31, 1984 to March 31, 1990
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 Merchant Bank of California?
$62.4 million in total assets and $61.0 million in deposits as of March 31, 1990, with assets up 1.2% from a year before. Its loans were $46.6 million.
Is The Merchant Bank of California profitable?
No: it lost $133,000 from January 1 to March 31, 1990. Its return on assets was -0.84% a year; about 1% is typical.
When did The Merchant Bank of California fail?
Jun 8, 1990. Western Bank of Los Angeles, CA took over its deposits. The estimated cost of the failure was $3.35 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.