# PALM DESERT NATIONAL BANK

> **Failed bank** · PALM DESERT, CA · failed 2012-04-27 · National commercial bank (OCC-chartered) · FDIC cost $26M

## What happened

PALM DESERT NATIONAL BANK of PALM DESERT, CA was closed by the OCC on **2012-04-27**. The FDIC was named receiver.

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

Deposits were transferred to **PACIFIC PREMIER BANK** (COSTA MESA, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4000
- **FDIC Certificate:** 23632
- **FDIC FIN:** 10437
- **Bank name:** PALM DESERT NATIONAL BANK
- **Location:** PALM DESERT, CA
- **Failure date:** 2012-04-27
- **FDIC resolution date:** 2012-04-27
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $26M
- **Deposits at failure:** $129M
- **Assets at failure:** $129M
- **Acquiring bank:** PACIFIC PREMIER BANK (COSTA MESA, CA)

## Other banks PACIFIC PREMIER BANK has acquired in FDIC resolutions

- CANYON NATIONAL BANK (PALM SPRINGS, CA) — failed 2011-02-11 — /failed-bank/3907

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PALM DESERT NATIONAL BANK (FDIC ID 4000), failed 2012-04-27. Retrieved via AI Analytics 2026-06-24 from https://api.ai-analytics.org/failed-bank/4000.

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