American Independent Bank

Status:Inactive as of 03/08/1999
 Merger - Without Assistance
Participated in Reorganization
Successor Bank:First Coastal Bank
Headquarters:American Independent Bank
1644 Redondo Beach Boulevard
Gardena, CA 90247
Established:02/01/1984
FDIC Insurance:02/01/1984
FDIC Cert:#25046
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$38,275,000
Total Deposits:$34,423,000

History

1984-02-01Institution established: Original name:American Independent Bank, National Association
1992-09-19Acquired Burbank National Bank (25838) in BURBANK, CA
1999-03-08Merged into and subsequently operated as part of First Coastal Bank, National Association (25832) in EL SEGUNDO, CA
1999-03-08Reorganized.
2005-10-03Moved bank headquarters from EL SEGUNDO, CA to MANHATTAN BEACH, CA
2007-06-23Merged into and subsequently operated as part of Citizens Business Bank (21716) in ONTARIO, CA
2009-10-16Acquired San Joaquin Bank (23266) in BAKERSFIELD, CA as part of a government assisted transaction.
2014-05-15Acquired American Security Bank (33121) in NEWPORT BEACH, CA
2016-03-01Acquired County Commerce Bank (57423) in VENTURA, CA
2017-03-10Acquired Valley Business Bank (34156) in VISALIA, CA
2018-08-10Acquired Community Bank (24315) in PASADENA, CA

Financial Information (1998-12-31 and Older)