The Wilshire Bank, National Association
Los Angeles, CA · Owner: Wilshire Bcorp the
$24.8M
total assets, March 31, 1990
$24.8M
total assets, March 31, 1990
The Wilshire Bank, National Association was a national bank in Los Angeles, CA, owned by Wilshire Bcorp the. It failed on May 31, 1990, and Mid City Bank, National Ass took over its deposits. At its last report it held $24.8 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1990
This bank failed
- Failed on
- May 31, 1990
- Assets
- $24.8M
- Deposits
- $23.9M
- Estimated cost
- $3.4M
- Deposits went to
- Mid City Bank, National Ass, Los Angeles, CA
Total assets
$24.8M
-7.1% in a year · -11.3% in a quarter
Deposits
$23.9M
-5.5% in a year · -12.6% in a quarter
Loans
$17.4M
+30.9% in a year · -7.7% in a quarter
Profit so far
-$87K
Jan 1 to Mar 31, 1990 · -210.1% in a year
Capital ratio
0.33%
-4.35 pts in a year
Return on assets
-1.32%
-2.61 pts in a year
Facts
- Type
- National bank
- Head office
- 4155 Wilshire Boulevard, Los Angeles, CA, 90060
- County
- Los Angeles
- Holding company
- Wilshire Bcorp the
- Established
- Jul 16, 1981
- Failed
- May 31, 1990
- Employees
- 25
- Id
- b23499
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 Wilshire Bank, National Association?
$24.8 million in total assets and $23.9 million in deposits as of March 31, 1990, with assets down 7.1% from a year before. Its loans were $17.4 million.
Is The Wilshire Bank, National Association profitable?
No: it lost $87,000 from January 1 to March 31, 1990. Its return on assets was -1.32% a year; about 1% is typical.
Who owns The Wilshire Bank, National Association?
The Wilshire Bank, National Association is owned by Wilshire Bcorp the, its holding company.
When did The Wilshire Bank, National Association fail?
May 31, 1990. Mid City Bank, National Ass of Los Angeles, CA took over its deposits. The estimated cost of the failure was $3.44 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.