# SADDLEBACK NATIONAL BANK

> **Failed bank** · LAGUNA HILLS, CA · failed 1986-05-15 · National commercial bank (OCC-chartered) · FDIC cost $4M

## What happened

SADDLEBACK NATIONAL BANK of LAGUNA HILLS, CA was closed by the OCC on **1986-05-15**. The FDIC was named receiver.

**Resolution:** Insured Deposit Transfer — insured deposits transferred to another bank

Deposits were transferred to **LANDMARK BANK** (LA HABRA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1195
- **FDIC Certificate:** 24645
- **FDIC FIN:** 5691
- **Bank name:** SADDLEBACK NATIONAL BANK
- **Location:** LAGUNA HILLS, CA
- **Failure date:** 1986-05-15
- **FDIC resolution date:** 1986-05-15
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $4M
- **Deposits at failure:** $13M
- **Assets at failure:** $13M
- **Acquiring bank:** LANDMARK BANK (LA HABRA, CA)

## Other banks LANDMARK BANK has acquired in FDIC resolutions

- CAPITAL BANK (DOWNEY, CA) — failed 1994-08-26 — /failed-bank/3495

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=SADDLEBACK%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, SADDLEBACK NATIONAL BANK (FDIC ID 1195), failed 1986-05-15. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/1195.

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