FDIC Certificate #: 25070 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Bank, National Association (#22826) Federal Reserve ID: 18863 Date Established: April 02, 1984 WWW:http://www.businessbank.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 17 (Interstate: No) FDIC's unique #: 17354 Numeric code: 13 Regulator: FED 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: April 02, 1984 Last Structure Change Effective Date: January 16, 2004 Last Structure Change Process Date: January 30, 2004 Last Data Update: January 30, 2004 Data Source Date: April 05, 2012
Location
Address: 505 West Second Street, San Bernardino, CA 92401 County: San Bernardino Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco 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): Riverside-San Bernardino, CA (#6780) 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): Riverside-San Bernardino-Ontario, CA (#40140) CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
Financial Summary
Total assets: $698.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
211Total employees (full-time equivalent)
$698,623Total assets
$26,324Cash and due from depository institutions
$131Interest-bearing balances
$211,121Securities
$0Federal funds sold & reverse repurchase agreements
$412,896Net loans & leases
$5,630Loan loss allowance
$0Trading account assets
$12,113Bank premises and fixed assets
$921Other real estate owned
$20,743Goodwill and other intangibles
$0Life insurance assets
$14,505All other assets
$698,623Total liabilities and capital
$624,603Total liabilities
$597,587Total deposits
$375,359Interest-bearing deposits
$597,587Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$24,186Other borrowed funds
$0Subordinated debt
$2,830All other liabilities
$74,020Total equity capital
$74,020Total bank equity capital
$74,020Perpetual preferred stock
$0Common stock
$7,497Surplus
$38,189Undivided profits
Memoranda
$28,334Noncurrent loans and leases
$126,935Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$732Earning assets
$732Long-term assets (5+ years)
$2,820Average Assets, year-to-date
$624,148Average Assets, quarterly
$160,818Volatile liabilities
$657,820Insider loans
$686,649FHLB advances
$80,058Loans and leases held for sale
$5,560Unused loan commitments
$24,186Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$126,935Total unused commitments
$17Restructured Loans and leases
$5,760Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$35,786Total interest income
$4,137Total interest expense
$31,649Net interest income
$300Provision for loan and lease losses
$6,163Total noninterest income
$0Fiduciary activities
$3,698Service charges on deposit accounts
$0Trading account gains & fees
$2,465Additional noninterest income
$24,467Total noninterest expense
$13,659Salaries and employee benefits
$4,181Premises and equipment expense
$6,627Additional noninterest expense
$13,045Pre-tax net operating income
$0Securities gains (losses)
$4,981Applicable income taxes
$8,064Income before extraordinary items
$0Extraordinary gains - net
$8,064Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$18Sale, conversion, retirement of capital stock, net
$2,000Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.17%Yield on earning assets
0.71%Cost of funding earning assets
5.46%Net interest margin
1.06%Noninterest income to earning assets
4.22%Noninterest expense to earning assets
1.23%Net operating income to assets
1.23%Return on assets (ROA)
1.98%Pretax return on assets
11.35%Return on equity (ROE)
8.54%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-1666.67%Credit loss provision to net charge-offs
0.00%Efficiency ratio
63,802Assets per employee
3.31%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.80%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
769.13%Noncurrent assets plus other real estate owned to assets
0.24%Noncurrent loans to loans
0.17%Net loans and leases to deposits
69.09%Net loans and leases to core deposits
76.22%Equity capital to assets
10.60%Core capital (leverage) ratio
7.74%Tier 1 risk-based capital ratio
10.05%Total risk-based capital ratio
Memoranda
$11Average assets
$657,820Average earning assets
$71,030Average equity
$579,935Average loans
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