CenFed Bank, A Federal Savings Bank in Pasadena, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 08, 1998

  • CenFed Bank, A Federal Savings Bank in Pasadena, California (CA)
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CenFed Bank, A Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 28535
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Glendale Federal Bank, Federal Savings Bank (#29199)
    Federal Reserve ID: 185279
    Date Established: January 01, 1927
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1788
    FDIC's unique #: 41369
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: April 30, 1936
    Last Structure Change Effective Date: May 08, 1998
    Last Structure Change Process Date: June 10, 1998
    Last Data Update: January 08, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 199 North Lake Avenue, Pasadena, CA 91107
    County: Los Angeles
    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): 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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $1,993.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 321Total employees (full-time equivalent)
  • $2,204,642Total assets
  • $24,213Cash and due from depository institutions
  • $133Interest-bearing balances
  • $584,018Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $1,524,196Net loans & leases
  • $15,488Loan loss allowance
  • $0Trading account assets
  • $7,804Bank premises and fixed assets
  • $3,600Other real estate owned
  • $6,503Goodwill and other intangibles
  • $0Life insurance assets
  • $52,308All other assets
  • $2,204,642Total liabilities and capital
  • $2,067,533Total liabilities
  • $1,554,148Total deposits
  • $1,528,957Interest-bearing deposits
  • $1,554,148Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $74,488Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $425,538Other borrowed funds
  • $0Subordinated debt
  • $13,359All other liabilities
  • $137,109Total equity capital
  • $137,109Total bank equity capital
  • $137,109Perpetual preferred stock
  • $0Common stock
  • $4Surplus
  • $45,950Undivided profits
  • Memoranda
  • $91,155Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $16,251Earning assets
  • $0Long-term assets (5+ years)
  • $10,461Average Assets, year-to-date
  • $2,110,347Average Assets, quarterly
  • $0Volatile liabilities
  • $2,250,312Insider loans
  • $2,252,384FHLB advances
  • $945,707Loans and leases held for sale
  • $961Unused loan commitments
  • $413,500Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $35,713Total unused commitments
  • $0Restructured Loans and leases
  • $1,222,905Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $164,517Total interest income
  • $111,618Total interest expense
  • $52,899Net interest income
  • $6,000Provision for loan and lease losses
  • $7,355Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,355Additional noninterest income
  • $33,731Total noninterest expense
  • $19,446Salaries and employee benefits
  • $7,020Premises and equipment expense
  • $7,265Additional noninterest expense
  • $20,523Pre-tax net operating income
  • $2,219Securities gains (losses)
  • $7,825Applicable income taxes
  • $14,917Income before extraordinary items
  • $0Extraordinary gains - net
  • $14,917Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,189Sale, conversion, retirement of capital stock, net
  • $7,500Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.63%Yield on earning assets
  • 5.18%Cost of funding earning assets
  • 2.45%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 1.56%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 11.44%Return on equity (ROE)
  • 5.69%Retained earnings to average equity (YTD only)
  • 0.20%Net charge-offs to loans
  • 188.15%Credit loss provision to net charge-offs
  • 8.32%Efficiency ratio
  • 55,024Assets per employee
  • 6.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.28%Loss allowance to loans
  • 1.01%Loss allowance to noncurrent loans
  • 95.30%Noncurrent assets plus other real estate owned to assets
  • 0.88%Noncurrent loans to loans
  • 1.06%Net loans and leases to deposits
  • 98.07%Net loans and leases to core deposits
  • 137.50%Equity capital to assets
  • 6.22%Core capital (leverage) ratio
  • 6.04%Tier 1 risk-based capital ratio
  • 10.88%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $2,250,312Average earning assets
  • $130,409Average equity
  • $2,155,401Average loans

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