California Republic Bank in Bakersfield, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 11, 1993

  • California Republic Bank in Bakersfield, California (CA)
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California Republic Bank - Overview

  • General
  • FDIC Certificate #: 17252
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Interstate Bank of California (#1226)
    Federal Reserve ID: 985965
    Date Established: July 29, 1953
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 14 (Interstate: No)
    FDIC's unique #: 11278
    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: July 29, 1953
    Last Structure Change Effective Date: December 11, 1993
    Last Structure Change Process Date: Febuary 16, 1994
    Last Data Update: Febuary 16, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 1675 Chester Avenue, Bakersfield, CA 93303
    County: Kern
    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): Bakersfield, CA (#680)
    Core Based Statistical Area (CBSA): Bakersfield-Delano, CA (#12540)
    CBSA Metro Statistical Area: Bakersfield-Delano, CA (#12540)
  • History of Changes
  • Absorption - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $569.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $345Total assets
  • $583,554Cash and due from depository institutions
  • $48,814Interest-bearing balances
  • $1,176Securities
  • $83,656Federal funds sold & reverse repurchase agreements
  • $14,000Net loans & leases
  • $400,335Loan loss allowance
  • $8,675Trading account assets
  • $0Bank premises and fixed assets
  • $10,490Other real estate owned
  • $12,934Goodwill and other intangibles
  • $13,325Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $583,554Total liabilities
  • $541,418Total deposits
  • $519,429Interest-bearing deposits
  • $393,118Deposits held in domestic offices
  • 519429.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $15,081Trading liabilities
  • $0Other borrowed funds
  • $2,284Subordinated debt
  • $0All other liabilities
  • $4,624Total equity capital
  • $4,624Total bank equity capital
  • $42,136Perpetual preferred stock
  • $0Common stock
  • $1,145Surplus
  • $3,855Undivided profits
  • Memoranda
  • $37,136Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,975Income earned, not collected on loans
  • $2,830Earning assets
  • $499,167Long-term assets (5+ years)
  • $156,414Average Assets, year-to-date
  • $580,604Average Assets, quarterly
  • $587,213Volatile liabilities
  • $68,687Insider loans
  • $3,826FHLB advances
  • $0Loans and leases held for sale
  • $2,599Unused loan commitments
  • $134,465Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $42,136Total risk weighted assets
  • $467,891Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $49,378Total interest expense
  • $15,055Net interest income
  • $34,323Provision for loan and lease losses
  • $5,405Total noninterest income
  • $8,672Fiduciary activities
  • $243Service charges on deposit accounts
  • $5,049Trading account gains & fees
  • $0Additional noninterest income
  • $3,380Total noninterest expense
  • $34,519Salaries and employee benefits
  • $15,583Premises and equipment expense
  • $5,041Additional noninterest expense
  • $13,895Pre-tax net operating income
  • $3,071Securities gains (losses)
  • $2,116Applicable income taxes
  • $1,601Income before extraordinary items
  • $3,586Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,586Net charge-offs
  • $7,021Cash dividends
  • $275Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.00%Cost of funding earning assets
  • 3.05%Net interest margin
  • 6.95%Noninterest income to earning assets
  • 1.76%Noninterest expense to earning assets
  • 6.99%Net operating income to assets
  • 0.37%Return on assets (ROA)
  • 0.62%Pretax return on assets
  • 0.89%Return on equity (ROE)
  • 8.87%Retained earnings to average equity (YTD only)
  • 8.19%Net charge-offs to loans
  • 1.74%Credit loss provision to net charge-offs
  • 76.98%Efficiency ratio
  • 80,286Assets per employee
  • 1.69%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.67%Loss allowance to loans
  • 2.12%Loss allowance to noncurrent loans
  • 174.37%Noncurrent assets plus other real estate owned to assets
  • 2.21%Noncurrent loans to loans
  • 1.22%Net loans and leases to deposits
  • 77.07%Net loans and leases to core deposits
  • 85.53%Equity capital to assets
  • 7.22%Core capital (leverage) ratio
  • 7.31%Tier 1 risk-based capital ratio
  • 9.01%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $580,604Average earning assets
  • $40,417Average equity
  • $493,836Average loans

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