Banco Popular, National Association (California) in City Of Commerce, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 02, 1999

  • Banco Popular, National Association (California) in City Of Commerce, California (CA)
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Banco Popular, National Association (California) - Overview

  • General
  • FDIC Certificate #: 24553
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Banco Popular North America (#34967)
    Federal Reserve ID: 702162
    Date Established: June 16, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 17058
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: June 16, 1983
    Last Structure Change Effective Date: January 02, 1999
    Last Structure Change Process Date: Febuary 26, 1999
    Last Data Update: Febuary 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 6001 East Washington Boulevard, City Of Commerce, CA 90091
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: New York
    FDIC Field Office: Los Angeles (North)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
    Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
    Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100)
    CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
    Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $220.9 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 131Total employees (full-time equivalent)
  • $220,910Total assets
  • $11,249Cash and due from depository institutions
  • $0Interest-bearing balances
  • $5,033Securities
  • $13,169Federal funds sold & reverse repurchase agreements
  • $173,489Net loans & leases
  • $1,992Loan loss allowance
  • $0Trading account assets
  • $8,154Bank premises and fixed assets
  • $97Other real estate owned
  • $6,317Goodwill and other intangibles
  • $0Life insurance assets
  • $3,402All other assets
  • $220,910Total liabilities and capital
  • $205,313Total liabilities
  • $162,672Total deposits
  • $120,294Interest-bearing deposits
  • $162,672Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $41,000Other borrowed funds
  • $0Subordinated debt
  • $1,641All other liabilities
  • $15,597Total equity capital
  • $15,597Total bank equity capital
  • $15,597Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $14,146Undivided profits
  • Memoranda
  • $-549Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,270Earning assets
  • $475Long-term assets (5+ years)
  • $1,312Average Assets, year-to-date
  • $191,691Average Assets, quarterly
  • $66,254Volatile liabilities
  • $173,814Insider loans
  • $195,317FHLB advances
  • $77,088Loans and leases held for sale
  • $235Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $30,167Total unused commitments
  • $0Restructured Loans and leases
  • $166,806Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $12,449Total interest income
  • $4,827Total interest expense
  • $7,622Net interest income
  • $850Provision for loan and lease losses
  • $1,769Total noninterest income
  • $0Fiduciary activities
  • $1,388Service charges on deposit accounts
  • $0Trading account gains & fees
  • $381Additional noninterest income
  • $10,996Total noninterest expense
  • $5,312Salaries and employee benefits
  • $1,341Premises and equipment expense
  • $4,343Additional noninterest expense
  • -$2,455Pre-tax net operating income
  • $100Securities gains (losses)
  • -$803Applicable income taxes
  • -$1,552Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,552Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $230Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.44%Yield on earning assets
  • 3.27%Cost of funding earning assets
  • 5.17%Net interest margin
  • 1.20%Noninterest income to earning assets
  • 7.46%Noninterest expense to earning assets
  • -0.93%Net operating income to assets
  • -0.89%Return on assets (ROA)
  • -1.35%Pretax return on assets
  • -9.66%Return on equity (ROE)
  • -9.66%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 369.57%Credit loss provision to net charge-offs
  • -6.98%Efficiency ratio
  • 111,862Assets per employee
  • 1.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.14%Loss allowance to noncurrent loans
  • 87.75%Noncurrent assets plus other real estate owned to assets
  • 1.07%Noncurrent loans to loans
  • 1.29%Net loans and leases to deposits
  • 106.65%Net loans and leases to core deposits
  • 137.05%Equity capital to assets
  • 7.06%Core capital (leverage) ratio
  • 5.31%Tier 1 risk-based capital ratio
  • 5.53%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $173,814Average earning assets
  • $16,066Average equity
  • $147,456Average loans

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