Wilshire Center Bank, National Association
Los Angeles, CA · Owner: Wilshire Center Bcorp
$9.7M
total assets, March 31, 1993
$9.7M
total assets, March 31, 1993
Wilshire Center Bank, National Association was a national bank in Los Angeles, CA, owned by Wilshire Center Bcorp. It failed on May 6, 1993, and California Center Bank took over its deposits. At its last report it held $9.68 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1993
This bank failed
- Failed on
- May 6, 1993
- Assets
- $9.7M
- Deposits
- $9.4M
- Estimated cost
- $5.9M
- Deposits went to
- California Center Bank, Los Angeles, CA
Total assets
$9.7M
-40.8% in a year · -6.6% in a quarter
Deposits
$9.4M
-41.5% in a year · -9.5% in a quarter
Loans
$6.0M
-40.9% in a year · -17.8% in a quarter
Profit so far
-$172K
Jan 1 to Mar 31, 1993
Capital ratio
1.65%
+0.50 pts in a year
Return on assets
-6.87%
-1.91 pts in a year
Facts
- Type
- National bank
- Head office
- 3699 Wilshire Boulevard, Los Angeles, CA, 90010
- County
- Los Angeles
- Holding company
- Wilshire Center Bcorp
- Established
- Aug 15, 1983
- Failed
- May 7, 1993
- Employees
- 9
- Id
- b24653
Quarter by quarter
March 31, 1984 to March 31, 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 Wilshire Center Bank, National Association?
$9.68 million in total assets and $9.39 million in deposits as of March 31, 1993, with assets down 40.8% from a year before. Its loans were $6.01 million.
Is Wilshire Center Bank, National Association profitable?
No: it lost $172,000 from January 1 to March 31, 1993. Its return on assets was -6.87% a year; about 1% is typical.
Who owns Wilshire Center Bank, National Association?
Wilshire Center Bank, National Association is owned by Wilshire Center Bcorp, its holding company.
When did Wilshire Center Bank, National Association fail?
May 6, 1993. California Center Bank of Los Angeles, CA took over its deposits. The estimated cost of the failure was $5.92 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.