Century Thrift and Loan in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 05, 1993

  • Century Thrift and Loan in Los Angeles, California (CA)
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Century Thrift and Loan - Overview

  • General
  • FDIC Certificate #: 26374
    Status: Inactive
    Federal Reserve ID: 672667
    Date Established: April 01, 1982
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 32971
    Numeric code: 23
    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: September 27, 1985
    Last Structure Change Effective Date: November 05, 1993
    Last Structure Change Process Date: November 08, 1993
    Last Data Update: November 08, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 10673 Pico Boulevard, Los Angeles, CA 90064
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    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
  • Financial Difficulty - Payoff
    Corrections
  • Financial Summary
  • Total assets: $31.9 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $10Total assets
  • $28,403Cash and due from depository institutions
  • $1,335Interest-bearing balances
  • $948Securities
  • $38Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $24,697Loan loss allowance
  • $471Trading account assets
  • $0Bank premises and fixed assets
  • $93Other real estate owned
  • $1,954Goodwill and other intangibles
  • $286Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $28,403Total liabilities
  • $26,748Total deposits
  • $26,647Interest-bearing deposits
  • $26,645Deposits held in domestic offices
  • 26647.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $5Subordinated debt
  • $0All other liabilities
  • $96Total equity capital
  • $96Total bank equity capital
  • $1,655Perpetual preferred stock
  • $0Common stock
  • $750Surplus
  • $500Undivided profits
  • Memoranda
  • $405Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,651Income earned, not collected on loans
  • $206Earning assets
  • $25,683Long-term assets (5+ years)
  • $784Average Assets, year-to-date
  • $28,461Average Assets, quarterly
  • $28,363Volatile liabilities
  • $600Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $793Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,655Total risk weighted assets
  • $27,161Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,522Total interest expense
  • $1,477Net interest income
  • $2,045Provision for loan and lease losses
  • $99Total noninterest income
  • $126Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $126Total noninterest expense
  • $2,525Salaries and employee benefits
  • $1,072Premises and equipment expense
  • $378Additional noninterest expense
  • $1,075Pre-tax net operating income
  • -$453Securities gains (losses)
  • $0Applicable income taxes
  • $1Income before extraordinary items
  • -$454Extraordinary gains - net
  • $0Net income attributable to bank
  • -$454Net charge-offs
  • -$24Cash dividends
  • $0Sale, 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
  • 13.27%Cost of funding earning assets
  • 5.56%Net interest margin
  • 7.70%Noninterest income to earning assets
  • 0.47%Noninterest expense to earning assets
  • 9.51%Net operating income to assets
  • -1.60%Return on assets (ROA)
  • -1.60%Pretax return on assets
  • -1.59%Return on equity (ROE)
  • -23.74%Retained earnings to average equity (YTD only)
  • -23.74%Net charge-offs to loans
  • -0.09%Credit loss provision to net charge-offs
  • -412.50%Efficiency ratio
  • 116,306Assets per employee
  • 2.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.87%Loss allowance to noncurrent loans
  • 12.90%Noncurrent assets plus other real estate owned to assets
  • 19.73%Noncurrent loans to loans
  • 14.51%Net loans and leases to deposits
  • 92.68%Net loans and leases to core deposits
  • 94.82%Equity capital to assets
  • 5.83%Core capital (leverage) ratio
  • 5.84%Tier 1 risk-based capital ratio
  • 6.09%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $28,461Average earning assets
  • $1,913Average equity
  • $26,549Average loans

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