Failed Bank List

4 failed banks ยท 2009 to 2011

Failed banks taken over by City National Bank

City National Bank of Los Angeles, California took over four failed banks between 2009 and 2011, the 17th-highest count among the 318 acquirers of that period. Together they reported $4.9 billion in assets and $3.6 billion in deposits at closing. The largest was Imperial Capital Bank, at $4.0 billion. The banks were spread over two states, most in California (2). Two of the deals came in 2010. The most recent was Nevada Commerce Bank of Las Vegas, on April 8, 2011. The FDIC's estimated loss on these failures totals $427 million, a median of 18% of each bank's assets.

Failed banks taken over by City National Bank, by closing date200020052010201520202025Imperial Capital Bank, 2009-12-18Sun West Bank, 2010-05-281st Pacific Bank of California, 2010-05-07Nevada Commerce Bank, 2011-04-08
Each circle is one failed bank, placed at its closing date; area shows total assets.
Every failed bank it took over, in date order
ClosedBankLocationTotal assetsEst. loss
December 18, 2009Imperial Capital BankLa Jolla, CA$4.0 billion$266 million
May 7, 20101st Pacific Bank of CaliforniaSan Diego, CA$336 million$6.3 million
May 28, 2010Sun West BankLas Vegas, NV$361 million$116 million
April 8, 2011Nevada Commerce BankLas Vegas, NV$135 million$38.5 million

The FDIC names the acquirer in each failure record. This page lists what that record shows and says nothing about the acquiring bank today.