FDIC Certificate #: 23092 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Boston Private Bank & Trust Company (#24811) Federal Reserve ID: 208169 Date Established: April 02, 1980 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 16178 Numeric code: 21 Regulator: FDIC 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: April 02, 1980 Last Structure Change Effective Date: May 27, 2011 Last Structure Change Process Date: June 08, 2011 Last Data Update: June 08, 2011 Data Source Date: April 05, 2012
Location
Address: 160 Bovet Road, San Mateo, CA 94402 County: San Mateo Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: New York 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: $1,520.1 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
198Total employees (full-time equivalent)
$1,636,608Total assets
$220,066Cash and due from depository institutions
$210,270Interest-bearing balances
$97,419Securities
$0Federal funds sold & reverse repurchase agreements
$1,239,734Net loans & leases
$46,117Loan loss allowance
$0Trading account assets
$6,523Bank premises and fixed assets
$10,207Other real estate owned
$0Goodwill and other intangibles
$5,804Life insurance assets
$62,659All other assets
$1,636,608Total liabilities and capital
$1,507,445Total liabilities
$1,397,768Total deposits
$1,173,859Interest-bearing deposits
$1,397,768Deposits held in domestic offices
64.91%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$100,000Other borrowed funds
$0Subordinated debt
$9,677All other liabilities
$129,163Total equity capital
$129,163Total bank equity capital
$129,163Perpetual preferred stock
$0Common stock
$15,085Surplus
$42,921Undivided profits
Memoranda
$71,157Noncurrent loans and leases
$232,483Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$60,374Earning assets
$0Long-term assets (5+ years)
$4,044Average Assets, year-to-date
$1,547,423Average Assets, quarterly
$614,326Volatile liabilities
$1,653,408Insider loans
$1,661,227FHLB advances
$453,204Loans and leases held for sale
$28,659Unused loan commitments
$100,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,700Total risk weighted assets
$232,483Total unused commitments
$0Restructured Loans and leases
$15,226Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$80,226Total interest income
$11,626Total interest expense
$68,600Net interest income
$81,025Provision for loan and lease losses
$4,255Total noninterest income
$7,076Fiduciary activities
$596Service charges on deposit accounts
$0Trading account gains & fees
-$3,417Additional noninterest income
$41,490Total noninterest expense
$22,296Salaries and employee benefits
$6,858Premises and equipment expense
$12,336Additional noninterest expense
-$49,660Pre-tax net operating income
$0Securities gains (losses)
-$20,875Applicable income taxes
-$28,785Income before extraordinary items
$0Extraordinary gains - net
-$28,785Net income attributable to bank
$0Net charge-offs
-$28,785Cash dividends
$54,857Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.09%Yield on earning assets
0.74%Cost of funding earning assets
4.35%Net interest margin
0.27%Noninterest income to earning assets
2.63%Noninterest expense to earning assets
-1.74%Net operating income to assets
-1.74%Return on assets (ROA)
-3.00%Pretax return on assets
-21.09%Return on equity (ROE)
-21.09%Retained earnings to average equity (YTD only)
3.99%Net charge-offs to loans
147.70%Credit loss provision to net charge-offs
0.57%Efficiency ratio
56,949Assets per employee
8.27%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.59%Loss allowance to noncurrent loans
76.39%Noncurrent assets plus other real estate owned to assets
4.31%Noncurrent loans to loans
4.70%Net loans and leases to deposits
88.69%Net loans and leases to core deposits
131.25%Equity capital to assets
7.89%Core capital (leverage) ratio
7.44%Tier 1 risk-based capital ratio
10.61%Total risk-based capital ratio
Memoranda
$12Average assets
$1,653,408Average earning assets
$136,506Average equity
$1,576,942Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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