IMPERIAL CAPITAL BANK Failed 2009
What happened
IMPERIAL CAPITAL BANK of LA JOLLA, CA was closed on 2009-12-18. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to CITY NATIONAL BANK (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3728
- FDIC Certificate
- 26348
- FDIC FIN
- 10161
- Bank name
- IMPERIAL CAPITAL BANK
- Location
- LA JOLLA, CA
- Failure date
- 2009-12-18
- FDIC resolution date
- 2009-12-18
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $267M
- Deposits at failure
- $2,822M
- Assets at failure
- $4,047M
- Acquiring bank
- CITY NATIONAL BANK (LOS ANGELES, CA)
Other banks CITY NATIONAL BANK acquired in FDIC resolutions