# THE COMMERCIAL BK OF CALIFORNIA

> **Failed bank** · LOS ANGELES, CA · failed 1983-05-27 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $0M

## What happened

THE COMMERCIAL BK OF CALIFORNIA of LOS ANGELES, CA was closed by regulators on **1983-05-27**. The FDIC was named receiver.

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

Deposits were transferred to **FIRST CREDIT BANK** (LOS ANGELES, CA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 783
- **FDIC Certificate:** 21364
- **FDIC FIN:** 2351
- **Bank name:** THE COMMERCIAL BK OF CALIFORNIA
- **Location:** LOS ANGELES, CA
- **Failure date:** 1983-05-27
- **FDIC resolution date:** 1983-05-27
- **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:** $0M
- **Deposits at failure:** $30M
- **Assets at failure:** $32M
- **Acquiring bank:** FIRST CREDIT BANK (LOS ANGELES, CA)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=THE%20COMMERCIAL%20BK%20OF%20CALIFORNIA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, THE COMMERCIAL BK OF CALIFORNIA (FDIC ID 783), failed 1983-05-27. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/783.

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