Asahi Bank of California

Status:Inactive as of 01/31/2002
 Merger - Without Assistance
Successor Bank:Imperial Capital Bank
Headquarters:Asahi Bank of California
350 South Grand Avenue - 38th Floor
Los Angeles, CA 90071
Established:06/26/1978
FDIC Insurance:06/26/1978
FDIC Cert:#22671
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$72,288,000
Total Deposits:$36,265,000

History

1978-06-26Institution established: Original name:The Kyowa Bank of California
1991-04-01Changed name to Kyowa Saitama Bank of California
1992-09-21Changed name to Asahi Bank of California
2002-01-31Merged into and subsequently operated as part of Imperial Capital Bank (26348) in LA JOLLA, CA
2003-01-01Changed organization type to COMMERCIAL BANK
2009-12-18Failed. Acquired with government financial assistance and subsequently operated as part of City National Bank (17281)
2010-05-07Acquired 1st Pacific Bank of California (35517) in SAN DIEGO, CA as part of a government assisted transaction.
2010-05-28Acquired Sun West Bank (34785) in LAS VEGAS, NV as part of a government assisted transaction.
2011-04-08Moved bank headquarters from LA JOLLA, CA to LOS ANGELES, CA
2011-04-08Acquired Nevada Commerce Bank (35418) in LAS VEGAS, NV as part of a government assisted transaction.

Financial Information (2001-12-31 and Older)