Data / Bank failures / 1984 / West Coast Bank
West Coast Bank, Los Angeles, CA: failed April 27, 1984
West Coast Bank in Los Angeles, California, failed on April 27, 1984. It held $198.2 million in assets and $190 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $12.7 million (6.4% of its assets). By assets it was the 14th largest of 106 banks closed or assisted in 1984.
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The FDIC's record
- Closed
- April 27, 1984
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $198,210,000
- Total deposits
- $189,986,000
- Estimated cost to the FDIC
- $12,681,410 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 22744
Other bank failures in California, 1982 to 1986
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| First National Bank | Willows | November 20, 1986 | $63 million | $59.2 million | $2.5 million | First Interstate CNTL Ba |
| The Bank of Northern California | San Jose | November 14, 1986 | $16.1 million | $15.8 million | $133,250 | Pacific Valley Bank |
| Unified Savings Bank | Northridge | October 10, 1986 | $102.8 million | $104.8 million | ||
| Independent National Bank | Covina | October 9, 1986 | $28.3 million | $27.7 million | $1.4 million | Chino Valley Bank |
| Frontier National Bank | Vista | October 2, 1986 | $9.9 million | $10.6 million | $1.7 million | Rancho Vista National Ba |
| Cal America S&LA (assistance) | Walnut Creek | September 19, 1986 | $413 million | $367.8 million | $166.7 million | Columbus Savings, A FS&LA |
| Ramona S&LA | Fillmore | September 12, 1986 | $108.1 million | $96 million | $59.5 million | Midwest FS&LA of Minneapoli |
| Sun S&LA (assistance) | San Diego | July 18, 1986 | $370.9 million | $334.4 million | $39.8 million | Flagship FSB |
All bank failures in 1984 · 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.