Data / Bank failures / 2009 / Imperial Capital Bank
Imperial Capital Bank, La Jolla, CA: failed December 18, 2009
Imperial Capital Bank in La Jolla, California, failed on December 18, 2009. City National Bank of Los Angeles, CA, took over its deposits. It held $4.05 billion in assets and $2.82 billion in deposits at its last report. The FDIC estimates the cost to its insurance fund at $266.2 million (6.6% of its assets). By assets it was the 19th largest of 148 banks closed or assisted in 2009.
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.
The FDIC's record
- Closed
- December 18, 2009
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- City National Bank, Los Angeles, CA
- Total assets
- $4,046,888,000
- Total deposits
- $2,822,300,000
- Estimated cost to the FDIC
- $266,235,310 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 26348
Other bank failures in California, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Citizens Bank of Northern California | Nevada City | September 23, 2011 | $288.8 million | $253.1 million | $40.9 million | Tri Counties Bank |
| Charter Oak Bank | Napa | February 18, 2011 | $120.8 million | $105.3 million | $20.1 million | Bank of Marin |
| San Luis Trust Bank, FSB | San Luis Obispo | February 18, 2011 | $332.6 million | $272.2 million | $72.9 million | First California Bank |
| Canyon National Bank | Palm Springs | February 11, 2011 | $210.9 million | $205.3 million | $15.6 million | Pacific Premier Bank |
| Western Commercial Bank | Woodland Hills | November 5, 2010 | $98.6 million | $101.1 million | $16.9 million | First California Bank |
| First Vietnamese American Bank | Westminster | November 5, 2010 | $48 million | $47 million | $14.3 million | Grandpoint Bank |
| Butte Community Bank | Chico | August 20, 2010 | $498.8 million | $471.3 million | $1.7 million | Rabobank, National Association |
| Los Padres Bank | Solvang | August 20, 2010 | $866.5 million | $770.9 million | $3.4 million | Pacific Western Bank |
Other failed banks City National Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Nevada Commerce Bank | Las Vegas | NV | April 8, 2011 | $135.1 million | $128.6 million | $38.5 million | City National Bank |
| Sun West Bank | Las Vegas | NV | May 28, 2010 | $360.7 million | $353.9 million | $116 million | City National Bank |
| 1ST Pacific Bank of California | San Diego | CA | May 7, 2010 | $335.8 million | $291.2 million | $6.3 million | City National Bank |
| Williamstown Bank, N.A. | Houston | TX | June 2, 1988 | $23 million | $22.7 million | $5.8 million | City National Bank |
All bank failures in 2009 · All bank failures in California · Every failed bank City National Bank took over · 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.