# MID CITY BANK, N.A.

> **Failed bank** · BREA, CA · failed 1993-10-21 · National commercial bank (OCC-chartered) · FDIC cost $14M

## What happened

MID CITY BANK, N.A. of BREA, CA was closed by the OCC on **1993-10-21**. The FDIC was named receiver.

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

Deposits were transferred to **CHINO VALLEY BANK** (ONTARIO, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3480
- **FDIC Certificate:** 24452
- **FDIC FIN:** 4601
- **Bank name:** MID CITY BANK, N.A.
- **Location:** BREA, CA
- **Failure date:** 1993-10-21
- **FDIC resolution date:** 1993-10-21
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $14M
- **Deposits at failure:** $103M
- **Assets at failure:** $106M
- **Acquiring bank:** CHINO VALLEY BANK (ONTARIO, CA)

## Other banks CHINO VALLEY BANK has acquired in FDIC resolutions

- PIONEER BANK (FULLERTON, CA) — failed 1994-07-08 — /failed-bank/3490
- INDEPENDENT NATIONAL BANK (COVINA, CA) — failed 1986-10-09 — /failed-bank/1287

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=MID%20CITY%20BANK%2C%20N.A.

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, MID CITY BANK, N.A. (FDIC ID 3480), failed 1993-10-21. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/3480.

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