Western Commercial Bank
Woodland Hills, CA · Owner: WCB Holdings Inc
$98.6M
total assets, September 30, 2010
$98.6M
total assets, September 30, 2010
Western Commercial Bank was a state nonmember bank in Woodland Hills, CA, owned by WCB Holdings Inc. It failed on Nov 5, 2010, and First California Bank took over its deposits. At its last report it held $98.6 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2010
This bank failed
- Failed on
- Nov 5, 2010
- Assets
- $98.6M
- Deposits
- $101M
- Estimated cost
- $16.9M
- Deposits went to
- First California Bank, Westlake Village, CA
Total assets
$98.6M
-17.6% in a year · -9.8% in a quarter
Deposits
$101M
-4.8% in a year · -2.8% in a quarter
Loans
$74.1M
-23.1% in a year · -13.7% in a quarter
Profit so far
-$12.7M
Jan 1 to Sep 30, 2010
Capital ratio
-3.34%
-11.91 pts in a year
Return on assets
-16.11%
-15.56 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 21550 Oxnard Street, Suite 100, Woodland Hills, CA, 91367
- County
- Los Angeles
- Holding company
- WCB Holdings Inc
- Established
- Feb 6, 2006
- Failed
- Nov 5, 2010
- Employees
- 17
- Branches
- 1
- Id
- b58087
Quarter by quarter
March 31, 2006 to September 30, 2010
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 Western Commercial Bank?
$98.6 million in total assets and $101.1 million in deposits as of September 30, 2010, with assets down 17.6% from a year before. Its loans were $74.1 million.
How many branches does Western Commercial Bank have?
1 branch in California as of June 30, 2026.
Is Western Commercial Bank profitable?
No: it lost $12.7 million from January 1 to September 30, 2010. Its return on assets was -16.11% a year; about 1% is typical.
Who owns Western Commercial Bank?
Western Commercial Bank is owned by WCB Holdings Inc, its holding company.
When did Western Commercial Bank fail?
Nov 5, 2010. First California Bank of Westlake Village, CA took over its deposits. The estimated cost of the failure was $16.9 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.