Largest Financial Institutions

The largest banks and thrifts--including savings and loan institutions--based in California ranked by asset size as of Dec. 31.

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Assets Rank Company Headquarters (millions) 1 Bank of America San Franciso $180,480 2 Wells Fargo Bank San Francisco 99,165 3 Home Savings of America Irwindale 49,564 4 Great Western Bank Chatsworth 40,136 5 Union Bank of California San Francisco 29,197 6 American Savings Bank Stockton 22,082 7 World Savings & Loan Oakland 21,109 8 World Savings Bank Oakland 16,947 9 Citibank San Francisco 16,840 10 Glendale Federal Bank Glendale 15,128 11 California Federal Bank San Francisco 14,192 12 Coast Federal Bank Los Angeles 8,658 13 Sanwa Bank of California Los Angeles 7,797 14 Downey Savings & Loan Newport Beach 5,197 15 Bank of the West San Francisco 5,050 16 Sumitomo Bank of Calif. San Francisco 4,974 17 City National Bank Beverly Hills 4,172 18 First Federal Bank of Cal. Santa Monica 4,153 19 Comerica Bank-California San Jose 4,085 20 Imperial Bank Inglewood 3,369 21 Western Financial Bank Irvine 3,337 22 Fidelity Federal Bank Glendale 3,327 23 Bay View Federal Bank San Mateo 2,996 24 Pomona Frst Fed. Bnk & Tr Pomona 2,458 25 Westamerica Bank San Rafael 2,427 26 EurekaBank San Carlos 2,200 27 CenFed Bank Pasadena 2,189 28 U.S. Bank of California Sacramento 2,063 29 Silicon Valley Bank Santa Clara 1,915 30 S. Calif. Fed. Svgs Bank Beverly Hills 1,730 31 East-West Bank Los Angeles 1,617 32 Tokai Bank of California Los Angeles 1,611 33 Farmers and Merch. Bank of Long Beach 1,579 34 Cathay Bank Los Angeles 1,504 35 United Savings Bank San Francisco 1,475 36 S. Pacific Thrift and Loan Los Angeles 1,384 37 General Bank Los Angeles 1,346 38 Stockton Savings Bank Stockton 1,345 39 ValliWide Bank Fresno 1,305 40 Santa Barbara Bank & Trust Santa Barbara 1,301 41 Fremont Investment & Loan Anaheim 1,231 42 Citizens Business Bank Ontario 1,158 43 Manufacturers Bank Los Angeles 1,104 44 1st Business Bank Los Angeles 1,088 45 Mechanics Bank Richmond 1,055 46 California Commerce Bank Century City 1,053 47 Hemet Federal S&L; Hemet 1,002 48 Redlands Federal Bank Redlands 873 49 California United Bank Los Angeles 844 50 Hawthorne Savings El Segundo 840 51 Bank of Canton of Calif. San Francisco $830 52 Imperial Thrift & Loan Glendale 806 53 Mid-State Bank Arroyo Grande 792 54 Bank of Stockton Stockton 785 55 Community Bank Pasadena 754 56 California State Bank Covina 754 57 Quaker City Federal S&L; Whittier 752 58 Union Safe Deposit Bank Stockton 748 59 Luther Burbank S&L; Santa Rosa 703 60 Tri Counties Bank Chico 694 61 Exchange Bank Santa Rosa 682 62 Fireside Thrift Co. Newark 680 63 El Dorado Savings Bank Placerville 648 64 Farm. & Mer. Bnk of C. Calif. Lodi 633 65 Santa Monica Bank Santa Monica 632 66 Grossmont Bank San Diego 629 67 California Savings & Loan San Francisco 609 68 Republic Bank California Beverly Hills 601 69 Provident Savings Bank Riverside 571 70 Dai-Ichi Kangyo Bank of Calif. Los Angeles 539 71 California Korea Bank Los Angeles 538 72 Far East National Bank Los Angeles 517 73 Highland Federal Bank Los Angeles 490 74 Pacific Bank San Francisco 477 75 Southern California Bank Anaheim 476 76 Placer Savings Bank Auburn 476 77 First Bank & Trust Irvine 473 78 California Thrift and Loan Santa Barbara 464 79 Standard Savings Bank Monterey Park 460 80 Hanmi Bank Los Angeles 455 81 SierraWest Bank Truckee 440 82 Northern Trust Bank of Calif. Santa Barbara 438 83 Wells Fargo HSBC Trade Bnk San Francisco 433 84 Western Bank Los Angeles 432 85 Fremont Bank Fremont 430 86 First Natl. Bank of Cen. Calif. Monterey 424 87 Monterey Bay Bank Watsonville 419 88 Svngs Bnk of Mendocino Cnty Ukiah 413 89 Foothill Independent Bank Glendora 410 90 Girard Savings Bank San Diego 407 91 Eldorado Bank Tustin 407 92 River City Bank Sacramento 396 93 Trans-World Bank Sherman Oaks 379 94 Bank of Commerce San Diego 372 95 U.S. Trust Co. of Calif. Los Angeles 369 96 Frst Fed. S&L; of San Gabriel V. Covina 366 97 National Bank of S. Calif. Newport Beach 351 98 Peninsula Bank of San Diego San Diego 344 99 Cupertino National Bank Cupertino 341 100 Bank of Salinas Salinas 335

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INSIDE THE NUMBERS

Largest Financial Institutions

The differences between financial institutions is increasingly blurring as competition from mutual fund and brokerage firms changes the landscape of such servies.

But important differences remain. This chart looks at asset sizes among federally insured banks and “thrifts,” which is generally defined as savings and loan institutions and “savings banks” that operate like S&Ls.; It does not cover credit unions, several of which would make this list if they were included. The federal government has increasingly reduced the legal differences among these institutions, with the next step, coming June 1, easing interstate banking (although some states will still limit expansion.)

Despite dramatic changes, thrifts still generally concentrate on residential mortgage loans, while banks focus more on commercial and consumer loans.

Thrifts may be owned by a commercial enterprise through a holding company; banks cannot be owned by a commercial enterprise.

Thrifts, through subsidiaries, may engage in a wider range of financial activities than banks.

Sources: Federal Deposit Insurance Corp. and company sources

Researched by BRENT WYETH / Los Angeles Times