# FIRST PACIFIC BANK

> **Failed bank** · BEVERLY HILLS, CA · failed 1990-08-10 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $43M

## What happened

FIRST PACIFIC BANK of BEVERLY HILLS, CA was closed by regulators on **1990-08-10**. The FDIC was named receiver.

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

Deposits were transferred to **COMMERCIAL CENTER BANK** (SANTA ANA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2870
- **FDIC Certificate:** 20816
- **FDIC FIN:** 4258
- **Bank name:** FIRST PACIFIC BANK
- **Location:** BEVERLY HILLS, CA
- **Failure date:** 1990-08-10
- **FDIC resolution date:** 1990-08-10
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Insured Deposit Transfer — insured deposits transferred to another bank
- **Estimated FDIC DIF cost:** $43M
- **Deposits at failure:** $113M
- **Assets at failure:** $119M
- **Acquiring bank:** COMMERCIAL CENTER BANK (SANTA ANA, CA)

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST PACIFIC BANK (FDIC ID 2870), failed 1990-08-10. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/2870.

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