Skip to the page

Data / Bank failures / Capital Bank of Californ

Failed banks taken over by Capital Bank of Californ: 2

Capital Bank of Californ took over 2 failed banks between September 25, 1987 and September 28, 1987, holding $178.3 million in assets and $175.8 million in deposits. The FDIC estimates the cost to its insurance fund at $18.9 million. The largest: Valley State Bank ($93.2 million), Commonwealth Bank ($85.1 million).

SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.

Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Valley State BankLos AngelesCASeptember 28, 1987$93.2 million$92 million$2.2 millionCapital Bank of Californ
Commonwealth BankTorranceCASeptember 25, 1987$85.1 million$83.8 million$16.7 millionCapital Bank of Californ

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.