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Leading Banks Headquartered in Los Angeles County
Ranked by Assets - March 31, 2003

Institution Name

City

Total Assets($000)

City National Bank

Beverly Hills

11,833,346

IndyMac Bank, FSB

Pasadena

9,422,747

California National Bank

Los Angeles

5,376,626

First Federal Bank of California, FSB

Santa Monica

4,416,693

East-West Bank

San Marino

3,514,899

PFF Bank & Trust

Pomona

3,132,812

Cathay Bank

Los Angeles

2,909,927

Farmers & Merchants Bank of Long Beach

Long Beach

2,573,323

Hawthorne Savings, FSB

El Segundo

2,556,508

General Bank

Los Angeles

2,501,379

Mellon 1st Business Bank

Los Angeles

2,294,173

California Commerce Bank

Century City

1,955,730

Chinatrust Bank (USA)

Torrance

1,666,387

Far East National Bank

Los Angeles

1,611,032

Quaker City Bank

Whittier

1,571,413

Hanmi Bank

Los Angeles

1,550,911

Community Bank

Pasadena

1,496,753

Manufacturers Bank

Los Angeles

1,162,727

Pacific Western National Bank

Santa Monica

1,023,161

Nara Bank, NA

Los Angeles

1,018,112

Source: Federal Deposit Insurance Corporation (FDIC)

 

The Los Angeles County-based bank with the most deposits (March 31, 2003) was City National Bank.
On that date, it recorded
deposits of $9.9 billion, the eighth largest holder of deposits in California..

IndyMac Bank, owned by parent IndyMac Bancorp of Pasadena, collapsed in July 2008, becoming
the fourth largest bank failure in U.S. history and the second largest failure of a regulated thrift. IndyMac
Bancorp filed for bankruptcy. OneWestBank formed in 2009 from the remains of the failed bank.

 

 

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