Beach Savings Bank

Status:Inactive as of 01/18/1991
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:Beach Savings Bank, FSB
Headquarters:Beach Savings Bank
10045 Adams Avenue
Huntington Beach, CA 92646
Established:06/12/1985
FDIC Insurance:06/12/1985
FDIC Cert:#32332
Charter Class:
Total Assets:$81,792,000
Total Deposits:$80,703,000

History

1985-06-12Institution established: Original name:Beach Savings and Loan Association
1986-04-30Changed name to Beach Savings Bank
1987-10-31Moved bank headquarters from HUNTINGTON, CA to HUNTINGTON BEACH, CA
1991-01-18Institution established: Original name:Beach Savings Bank, FSB (33297)
1991-01-18Placed into government conservatorship.
1991-01-18Failed, went into receivership, and then became part of Beach Savings Bank, FSB (33297)
1991-07-19Acquired after government financial assistance and subsequently operated as part of Queen City Bank, National Association (24726)
1991-07-19Government conservatorship or bridge bank resolved.
1996-04-15Merged into and subsequently operated as part of First Bank & Trust (20233) in SANTA ANA, CA
1996-08-09Moved bank headquarters from SANTA ANA, CA to IRVINE, CA
1998-06-01Moved bank headquarters from IRVINE, CA to NEWPORT BEACH, CA
1998-09-15Acquired Republic Bank (21398) in TORRANCE, CA
1999-12-31Acquired Century Bank (19198) in BEVERLY HILLS, CA
2000-08-31Acquired Bank of Ventura (27171) in VENTURA, CA
2000-11-01Changed name to First Bank & Trust (18678)
2000-11-01Acquired Commercial Bank of San Francisco (21650) in SAN FRANCISCO, CA
2000-11-01Merged into and subsequently operated as part of First Bank & Trust (18678) in SAN FRANCISCO, CA
2000-11-01Acquired First Bank of California (32036) in SACRAMENTO, CA
2000-11-01Acquired First Bank Texas National Association (14618) in HOUSTON, TX
2000-12-29Acquired Millennium Bank (26877) in SAN FRANCISCO, CA
2001-03-29Merged into and subsequently operated as part of First Bank & Trust (22912) in SAN FRANCISCO, CA
2001-10-16Acquired Charter Pacific Bank (23422) in AGOURA HILLS, CA
2001-10-31Acquired BYL Bank Group (23063) in ORANGE, CA
2003-03-31Acquired Bank of Ste. Genevieve (12469) in STE. GENEVIEVE, MO
2003-03-31Acquired First Bank & Trust (22912) in SAN FRANCISCO, CA
2003-03-31Merged into and subsequently operated as part of First Bank (12229) in CREVE COEUR, MO
2004-07-30Acquired Continental Community Bank and Trust Company (17292) in AURORA, IL
2004-12-01Acquired CIB Bank (19171) in HILLSIDE, IL
2005-04-30Acquired First Bank of the Americas, S.S.B. (29791) in CHICAGO, IL
2005-09-30Acquired International Bank of California (21034) in LOS ANGELES, CA
2005-11-01Acquired Northway State Bank (35097) in GRAYSLAKE, IL
2006-01-25Acquired First National Bank of Sachse (25016) in SACHSE, TX
2006-04-29Acquired Community Bank of Pittsfield (35294) in PITTSFIELD, IL
2006-05-17Acquired First Independent National Bank (34638) in PLANO, TX
2006-08-16Acquired San Diego Community Bank (23158) in CHULA VISTA, CA
2006-09-01Acquired Oak Lawn Bank (35272) in OAK LAWN, IL
2007-03-01Acquired Royal Oaks Bank, ssb (57023) in HOUSTON, TX
2007-12-01Acquired Coast Bank of Florida (35397) in BRADENTON, FL