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Data / Bank failures / 1976 / First State Bank of Northern California

First State Bank of Northern California, San Leandro, CA: failed May 21, 1976

First State Bank of Northern California in San Leandro, California, failed on May 21, 1976. It held $56 million in assets and $53.4 million in deposits at its last report. By assets it was the 4th largest of 17 banks closed or assisted in 1976.

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The FDIC's record

Closed
May 21, 1976
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Total assets
$56,018,000
Total deposits
$53,405,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC
FDIC certificate
18470

The FDIC record

All bank failures in 1976 · All bank failures in California · The full failed bank list

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.