# THE WILSHIRE BANK, NATIONAL ASSOC

> **Failed bank** · LOS ANGELES, CA · failed 1990-05-31 · National commercial bank (OCC-chartered) · FDIC cost $3M

## What happened

THE WILSHIRE BANK, NATIONAL ASSOC of LOS ANGELES, CA was closed by the OCC on **1990-05-31**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **MID CITY BANK, NATIONAL ASS** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2784
- **FDIC Certificate:** 23499
- **FDIC FIN:** 4210
- **Bank name:** THE WILSHIRE BANK, NATIONAL ASSOC
- **Location:** LOS ANGELES, CA
- **Failure date:** 1990-05-31
- **FDIC resolution date:** 1990-05-31
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $3M
- **Deposits at failure:** $24M
- **Assets at failure:** $25M
- **Acquiring bank:** MID CITY BANK, NATIONAL ASS (LOS ANGELES, CA)

## Other banks MID CITY BANK, NATIONAL ASS has acquired in FDIC resolutions

- MISSION VALLEY BANK, NATIONAL ASSOC (SAN CLEMENTE, CA) — failed 1991-10-18 — /failed-bank/3221

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20WILSHIRE%20BANK%2C%20NATIONAL%20ASSOC

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE WILSHIRE BANK, NATIONAL ASSOC (FDIC ID 2784), failed 1990-05-31. Retrieved via AI Analytics 2026-07-12 from https://api.ai-analytics.org/failed-bank/2784.

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