FDIC Certificate #: 35517 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:City National Bank (#17281) Federal Reserve ID: 2912367 Date Established: November 17, 2000 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 8 (Interstate: No) FDIC's unique #: 81170 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 17, 2000 Last Structure Change Effective Date: May 07, 2010 Last Structure Change Process Date: May 10, 2010 Last Data Update: May 10, 2010 Data Source Date: April 05, 2012
Location
Address: 9333 Genesee Ave., Suite 100, San Diego, CA 92121 County: San Diego Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Diego, CA (#7320) Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740) CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
Financial Summary
Total assets: $335.8 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
79Total employees (full-time equivalent)
$359,698Total assets
$28,316Cash and due from depository institutions
$570Interest-bearing balances
$13,800Securities
$0Federal funds sold & reverse repurchase agreements
$304,039Net loans & leases
$9,487Loan loss allowance
$0Trading account assets
$2,892Bank premises and fixed assets
$1,035Other real estate owned
$1,074Goodwill and other intangibles
$0Life insurance assets
$8,542All other assets
$359,698Total liabilities and capital
$348,434Total liabilities
$303,712Total deposits
$230,710Interest-bearing deposits
$303,712Deposits held in domestic offices
87.71%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$35,000Other borrowed funds
$5,000Subordinated debt
$4,722All other liabilities
$11,264Total equity capital
$11,264Total bank equity capital
$11,264Perpetual preferred stock
$0Common stock
$45,828Surplus
$758Undivided profits
Memoranda
$-35,322Noncurrent loans and leases
$61,070Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$16,794Earning assets
$606Long-term assets (5+ years)
$1,298Average Assets, year-to-date
$318,409Average Assets, quarterly
$73,269Volatile liabilities
$405,796Insider loans
$369,425FHLB advances
$116,573Loans and leases held for sale
$0Unused loan commitments
$35,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$61,070Total unused commitments
$2,558Restructured Loans and leases
$9,039Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$22,529Total interest income
$7,128Total interest expense
$15,401Net interest income
$12,450Provision for loan and lease losses
$134Total noninterest income
$0Fiduciary activities
$669Service charges on deposit accounts
$0Trading account gains & fees
-$535Additional noninterest income
$16,903Total noninterest expense
$8,362Salaries and employee benefits
$2,939Premises and equipment expense
$5,602Additional noninterest expense
-$13,818Pre-tax net operating income
$170Securities gains (losses)
$3,136Applicable income taxes
-$16,784Income before extraordinary items
$0Extraordinary gains - net
-$16,784Net income attributable to bank
$0Net charge-offs
-$16,784Cash dividends
$8,022Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.04%Yield on earning assets
1.91%Cost of funding earning assets
4.13%Net interest margin
0.04%Noninterest income to earning assets
4.53%Noninterest expense to earning assets
-4.18%Net operating income to assets
-4.14%Return on assets (ROA)
-3.36%Pretax return on assets
-81.13%Return on equity (ROE)
-81.13%Retained earnings to average equity (YTD only)
2.32%Net charge-offs to loans
155.20%Credit loss provision to net charge-offs
-0.17%Efficiency ratio
106,849Assets per employee
4.55%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.03%Loss allowance to noncurrent loans
56.49%Noncurrent assets plus other real estate owned to assets
4.96%Noncurrent loans to loans
5.36%Net loans and leases to deposits
100.11%Net loans and leases to core deposits
146.78%Equity capital to assets
3.13%Core capital (leverage) ratio
2.82%Tier 1 risk-based capital ratio
3.35%Total risk-based capital ratio
Memoranda
$6Average assets
$405,796Average earning assets
$20,687Average equity
$373,146Average loans
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