# PACIFIC COAST BANK

> **Failed bank** · SAN DIEGO, CA · failed 1982-04-29 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $5M

## What happened

PACIFIC COAST BANK of SAN DIEGO, CA was closed by regulators on **1982-04-29**. The FDIC was named receiver.

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

Deposits were transferred to **COMMONWEALTH BANK** (TORRANCE, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 664
- **FDIC Certificate:** 20988
- **FDIC FIN:** 2308
- **Bank name:** PACIFIC COAST BANK
- **Location:** SAN DIEGO, CA
- **Failure date:** 1982-04-29
- **FDIC resolution date:** 1982-04-29
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $5M
- **Deposits at failure:** $9M
- **Assets at failure:** $10M
- **Acquiring bank:** COMMONWEALTH BANK (TORRANCE, CA)

## Other banks COMMONWEALTH BANK has acquired in FDIC resolutions

- WESTERN NATIONAL BANK (SANTA ANA, CA) — failed 1982-08-27 — /failed-bank/696

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PACIFIC COAST BANK (FDIC ID 664), failed 1982-04-29. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/664.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*