FDIC Certificate #: 16754 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:United Commercial Bank (#32469) Federal Reserve ID: 767161 Date Established: May 01, 1937 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 12 (Interstate: No) FDIC's unique #: 10869 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: December 10, 1948 Last Structure Change Effective Date: October 29, 2002 Last Structure Change Process Date: November 12, 2002 Last Data Update: November 12, 2002 Data Source Date: April 05, 2012
Location
Address: 555 Montgomery Street, San Francisco, CA 94111 County: San Francisco Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Francisco, CA (#7360) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860) CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860) Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
Financial Summary
Total assets: $1,491.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
153Total employees (full-time equivalent)
$1,324,260Total assets
$18,583Cash and due from depository institutions
$353Interest-bearing balances
$785,855Securities
$9,300Federal funds sold & reverse repurchase agreements
$465,990Net loans & leases
$8,217Loan loss allowance
$0Trading account assets
$21,411Bank premises and fixed assets
$126Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$22,995All other assets
$1,324,260Total liabilities and capital
$1,157,835Total liabilities
$1,089,563Total deposits
$1,017,863Interest-bearing deposits
$997,893Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$40,000Other borrowed funds
$0Subordinated debt
$28,272All other liabilities
$166,425Total equity capital
$166,425Total bank equity capital
$166,425Perpetual preferred stock
$0Common stock
$2,000Surplus
$23,000Undivided profits
Memoranda
$141,425Noncurrent loans and leases
$62,941Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,499Earning assets
$0Long-term assets (5+ years)
$12,171Average Assets, year-to-date
$1,261,498Average Assets, quarterly
$80,580Volatile liabilities
$1,196,098Insider loans
$1,294,589FHLB advances
$576,261Loans and leases held for sale
$4Unused loan commitments
$40,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$62,941Total unused commitments
$0Restructured Loans and leases
$13,670Derivatives
$119,315Total assets and liabilities in foreign offices
Income and Expense (December 31, 2001)
Dollar figures in thousands
$73,532Total interest income
$42,811Total interest expense
$30,721Net interest income
$950Provision for loan and lease losses
$2,030Total noninterest income
$0Fiduciary activities
$334Service charges on deposit accounts
$0Trading account gains & fees
$1,696Additional noninterest income
$12,731Total noninterest expense
$8,156Salaries and employee benefits
-$1,599Premises and equipment expense
$6,174Additional noninterest expense
$19,070Pre-tax net operating income
$1,759Securities gains (losses)
$8,372Applicable income taxes
$12,457Income before extraordinary items
$0Extraordinary gains - net
$12,457Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$340Sale, conversion, retirement of capital stock, net
$1,240Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.46%Yield on earning assets
3.76%Cost of funding earning assets
2.70%Net interest margin
0.18%Noninterest income to earning assets
1.12%Noninterest expense to earning assets
0.95%Net operating income to assets
1.04%Return on assets (ROA)
1.74%Pretax return on assets
7.81%Return on equity (ROE)
7.03%Retained earnings to average equity (YTD only)
0.08%Net charge-offs to loans
279.41%Credit loss provision to net charge-offs
58.88%Efficiency ratio
38,872Assets per employee
8.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.95%Loss allowance to loans
1.73%Loss allowance to noncurrent loans
234.84%Noncurrent assets plus other real estate owned to assets
0.26%Noncurrent loans to loans
0.74%Net loans and leases to deposits
42.77%Net loans and leases to core deposits
89.91%Equity capital to assets
12.57%Core capital (leverage) ratio
11.57%Tier 1 risk-based capital ratio
17.37%Total risk-based capital ratio
Memoranda
$19Average assets
$1,196,098Average earning assets
$159,475Average equity
$1,138,929Average loans
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