Citizens Commercial Trust and Savings Bank of Pasadena in Pasadena, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 29, 1996

  • Citizens Commercial Trust and Savings Bank of Pasadena in Pasadena, California (CA)
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Citizens Commercial Trust and Savings Bank of Pasadena - Overview

  • General
  • FDIC Certificate #: 1229
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Citizens Business Bank (#21716)
    Federal Reserve ID: 979861
    Date Established: January 01, 1912
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    FDIC's unique #: 843
    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: January 01, 1934
    Last Structure Change Effective Date: March 29, 1996
    Last Structure Change Process Date: May 01, 1996
    Last Data Update: May 01, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 225 East Colorado Street, Pasadena, CA 91102
    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)
  • Financial Summary
  • Total assets: $146.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $98Total assets
  • $146,250Cash and due from depository institutions
  • $10,133Interest-bearing balances
  • $0Securities
  • $47,841Federal funds sold & reverse repurchase agreements
  • $16,120Net loans & leases
  • $61,354Loan loss allowance
  • $661Trading account assets
  • $0Bank premises and fixed assets
  • $2,782Other real estate owned
  • $83Goodwill and other intangibles
  • $7,937Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $146,250Total liabilities
  • $130,504Total deposits
  • $127,354Interest-bearing deposits
  • $71,687Deposits held in domestic offices
  • 127354.00%% insured (estimated)
  • $72Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,150Total equity capital
  • $3,150Total bank equity capital
  • $15,746Perpetual preferred stock
  • $0Common stock
  • $900Surplus
  • $568Undivided profits
  • Memoranda
  • $14,278Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $364Income earned, not collected on loans
  • $618Earning assets
  • $125,315Long-term assets (5+ years)
  • $5,717Average Assets, year-to-date
  • $131,957Average Assets, quarterly
  • $134,739Volatile liabilities
  • $3,740Insider loans
  • $105FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $14,391Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $14,818Total risk weighted assets
  • $86,393Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,555Total interest expense
  • $1,659Net interest income
  • $7,896Provision for loan and lease losses
  • $35Total noninterest income
  • $4,951Fiduciary activities
  • $3,029Service charges on deposit accounts
  • $512Trading account gains & fees
  • $0Additional noninterest income
  • $1,410Total noninterest expense
  • $9,796Salaries and employee benefits
  • $5,568Premises and equipment expense
  • $740Additional noninterest expense
  • $3,488Pre-tax net operating income
  • $3,016Securities gains (losses)
  • -$81Applicable income taxes
  • $1,200Income before extraordinary items
  • $1,735Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,735Net charge-offs
  • $48Cash dividends
  • $126Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.25%Cost of funding earning assets
  • 1.43%Net interest margin
  • 6.82%Noninterest income to earning assets
  • 4.28%Noninterest expense to earning assets
  • 8.46%Net operating income to assets
  • 1.35%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 2.22%Return on equity (ROE)
  • 11.71%Retained earnings to average equity (YTD only)
  • 10.86%Net charge-offs to loans
  • 0.08%Credit loss provision to net charge-offs
  • 72.92%Efficiency ratio
  • 76,251Assets per employee
  • 1.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 7.26%Loss allowance to loans
  • 1.07%Loss allowance to noncurrent loans
  • 181.59%Noncurrent assets plus other real estate owned to assets
  • 0.31%Noncurrent loans to loans
  • 0.59%Net loans and leases to deposits
  • 48.18%Net loans and leases to core deposits
  • 49.63%Equity capital to assets
  • 10.77%Core capital (leverage) ratio
  • 11.63%Tier 1 risk-based capital ratio
  • 17.15%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $131,957Average earning assets
  • $14,822Average equity
  • $115,777Average loans

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