FDIC Certificate #: 25797 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:City National Bank (#17281) Federal Reserve ID: 533964 Date Established: December 17, 1984 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 10 (Interstate: No) OTS Docket #: 9333 FDIC's unique #: 32026 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: December 17, 1984 Last Structure Change Effective Date: Febuary 28, 2002 Last Structure Change Process Date: April 03, 2002 Last Data Update: April 03, 2002 Data Source Date: April 05, 2012
Location
Address: 2101 Webster Street, 14th Floor, Oakland, CA 94612 County: Alameda Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Oakland, CA (#5775) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860) CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860) Core Based Statistical Division: Oakland-Fremont-Hayward, CA (#36084)
Financial Summary
Total assets: $524.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
150Total employees (full-time equivalent)
$524,316Total assets
$14,024Cash and due from depository institutions
$106Interest-bearing balances
$47,871Securities
$68,300Federal funds sold & reverse repurchase agreements
$370,506Net loans & leases
$7,043Loan loss allowance
$0Trading account assets
$2,115Bank premises and fixed assets
$0Other real estate owned
$11,145Goodwill and other intangibles
$0Life insurance assets
$10,355All other assets
$524,316Total liabilities and capital
$466,029Total liabilities
$457,457Total deposits
$376,745Interest-bearing deposits
$457,457Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$597Other borrowed funds
$0Subordinated debt
$7,975All other liabilities
$58,287Total equity capital
$58,287Total bank equity capital
$58,287Perpetual preferred stock
$0Common stock
$5,000Surplus
$41,048Undivided profits
Memoranda
$12,239Noncurrent loans and leases
$204,221Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$7,442Earning assets
$649Long-term assets (5+ years)
$2,339Average Assets, year-to-date
$486,783Average Assets, quarterly
$53,550Volatile liabilities
$510,163Insider loans
$517,290FHLB advances
$74,776Loans and leases held for sale
$4,674Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$204,221Total unused commitments
$0Restructured Loans and leases
$5,875Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$35,089Total interest income
$9,796Total interest expense
$25,293Net interest income
$900Provision for loan and lease losses
$2,849Total noninterest income
$0Fiduciary activities
$1,831Service charges on deposit accounts
$0Trading account gains & fees
$1,018Additional noninterest income
$19,380Total noninterest expense
$11,503Salaries and employee benefits
$3,302Premises and equipment expense
$4,575Additional noninterest expense
$7,862Pre-tax net operating income
$20Securities gains (losses)
$3,211Applicable income taxes
$4,671Income before extraordinary items
$0Extraordinary gains - net
$4,671Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$430Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.59%Yield on earning assets
2.12%Cost of funding earning assets
5.47%Net interest margin
0.62%Noninterest income to earning assets
4.19%Noninterest expense to earning assets
0.91%Net operating income to assets
0.92%Return on assets (ROA)
1.54%Pretax return on assets
8.33%Return on equity (ROE)
8.33%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
209.30%Credit loss provision to net charge-offs
20.38%Efficiency ratio
65,496Assets per employee
3.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.87%Loss allowance to noncurrent loans
94.64%Noncurrent assets plus other real estate owned to assets
1.42%Noncurrent loans to loans
1.97%Net loans and leases to deposits
80.99%Net loans and leases to core deposits
96.67%Equity capital to assets
11.12%Core capital (leverage) ratio
9.06%Tier 1 risk-based capital ratio
10.02%Total risk-based capital ratio
Memoranda
$11Average assets
$510,163Average earning assets
$56,056Average equity
$462,379Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with CivicBank of Commerce.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: