Data / Bank failures / 1992 / Valley Commercial Bank
Valley Commercial Bank, Stockton, CA: failed April 24, 1992
Valley Commercial Bank in Stockton, California, failed on April 24, 1992. Union Safe Deposit Bank of Stockton, CA, took over its deposits. It held $30.8 million in assets and $29.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $4.8 million (15.7% of its assets). By assets it was the 148th largest of 181 banks closed or assisted in 1992.
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The FDIC's record
- Closed
- April 24, 1992
- Type
- Failure
- How it was resolved
- Insured deposit transfer: the insured deposits moved to another bank
- Acquirer
- Union Safe Deposit Bank, Stockton, CA
- Total assets
- $30,767,000
- Total deposits
- $29,410,000
- Estimated cost to the FDIC
- $4,822,598 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- BIF
- FDIC certificate
- 23865
Other bank failures in California, 1990 to 1994
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Cornerstone Bank FSB | Mission Viejo | December 16, 1994 | $44.3 million | $38.4 million | $4 million | California FB, A FSB |
| Capital Bank | Downey | August 26, 1994 | $76.9 million | $74.4 million | $17.8 million | Landmark Bank |
| Bank of Newport | Newport Beach | August 12, 1994 | $167.8 million | $161.8 million | $28.7 million | Union Bank |
| Western Community Bank | Corona | July 29, 1994 | $54 million | $53.1 million | $2.6 million | Bank of San Bernardino |
| Commerce Bank | Newport Beach | July 29, 1994 | $142.3 million | $138.3 million | $14.1 million | California State Bank |
| Bank of San Pedro | Los Angeles | July 15, 1994 | $132.6 million | $128.3 million | $28.8 million | Home Bank |
| Pioneer Bank | Fullerton | July 8, 1994 | $133.3 million | $128.4 million | $14.5 million | Chino Valley Bank |
| Encino Savings Bank, FSB | Encino | June 3, 1994 | $92.5 million | $89.1 million | $7.4 million | American SB, FA |
All bank failures in 1992 · All bank failures in California · The full failed bank list
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.