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Data / Bank failures / Wilshire State Bank

Failed banks taken over by Wilshire State Bank: 2

Wilshire State Bank took over 2 failed banks between February 10, 1984 and June 26, 2009, holding $501 million in assets and $429.9 million in deposits. The FDIC estimates the cost to its insurance fund at $48.3 million. The largest: Mirae Bank ($480.6 million), West Olympia Bank ($20.4 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
Mirae BankLos AngelesCAJune 26, 2009$480.6 million$410 million$45.3 millionWilshire State Bank
West Olympia BankLos AngelesCAFebruary 10, 1984$20.4 million$19.9 million$3 millionWilshire State Bank

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.