South Coast Bank

Status:Inactive as of 04/12/1985
 Absorption - Assisted
Successor Bank:Harbor Bank
Headquarters:South Coast Bank
890 Baker Street
Costa Mesa, CA 92626
Established:04/21/1975
FDIC Insurance:04/21/1975
FDIC Cert:#21984
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$31,304,000
Total Deposits:$29,483,000

History

1975-04-21Institution established: Original name:South Coast National Bank
1979-08-01Changed name to South Coast Bank
1985-04-12Failed. Acquired with government financial assistance and subsequently operated as part of Harbor Bank (21581)
1998-01-09Merged into and subsequently operated as part of City National Bank (17281) in BEVERLY HILLS, CA
1998-12-31Acquired North American Trust Company (27220) in SAN DIEGO, CA
1999-08-27Acquired American Pacific State Bank (20393) in SHERMAN OAKS, CA
1999-08-27Reorganized.
2000-02-29Acquired The Pacific Bank, National Association (24706) in SAN FRANCISCO, CA
2002-02-28Acquired CivicBank of Commerce (25797) in OAKLAND, CA
2007-05-01Acquired Business Bank of Nevada (34077) in LAS VEGAS, NV
2009-07-15Moved bank headquarters from BEVERLY HILLS, CA to LOS ANGELES, CA
2009-12-18Acquired Imperial Capital Bank (26348) in LA JOLLA, CA as part of a government assisted transaction.
2010-05-07Acquired 1st Pacific Bank of California (35517) in SAN DIEGO, CA as part of a government assisted transaction.
2010-05-28Acquired Sun West Bank (34785) in LAS VEGAS, NV as part of a government assisted transaction.
2011-04-08Acquired Nevada Commerce Bank (35418) in LAS VEGAS, NV as part of a government assisted transaction.