FDIC Certificate #: 26426 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pacific Western Bank (#24045) Federal Reserve ID: 175560 Date Established: September 03, 1985 WWW:http://www.mycnbonline.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 12 (Interstate: No) FDIC's unique #: 33045 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: September 03, 1985 Last Structure Change Effective Date: October 26, 2006 Last Structure Change Process Date: January 11, 2007 Last Data Update: January 11, 2007 Data Source Date: April 05, 2012
Location
Address: 900 Canterbury Place, Suite 300, Escondido, CA 92025 County: San Diego Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Diego, CA (#7320) Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740) CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
Financial Summary
Total assets: $878.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
246Total employees (full-time equivalent)
$909,116Total assets
$17,537Cash and due from depository institutions
$430Interest-bearing balances
$56,414Securities
$20,645Federal funds sold & reverse repurchase agreements
$727,299Net loans & leases
$9,773Loan loss allowance
$0Trading account assets
$6,971Bank premises and fixed assets
$0Other real estate owned
$49,274Goodwill and other intangibles
$0Life insurance assets
$30,976All other assets
$909,116Total liabilities and capital
$780,497Total liabilities
$713,175Total deposits
$637,901Interest-bearing deposits
$713,175Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$54,790Other borrowed funds
$0Subordinated debt
$12,532All other liabilities
$128,619Total equity capital
$128,619Total bank equity capital
$128,619Perpetual preferred stock
$0Common stock
$8,612Surplus
$83,797Undivided profits
Memoranda
$36,210Noncurrent loans and leases
$209,661Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,647Earning assets
$2,074Long-term assets (5+ years)
$3,822Average Assets, year-to-date
$804,788Average Assets, quarterly
$29,849Volatile liabilities
$781,812Insider loans
$895,891FHLB advances
$263,508Loans and leases held for sale
$5,033Unused loan commitments
$54,790Tier 1 (core) risk-based capital
$20,000Tier 2 risk-based capital
$154,327Total risk weighted assets
$209,661Total unused commitments
$0Restructured Loans and leases
$10,068Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$53,855Total interest income
$11,195Total interest expense
$42,660Net interest income
$1,231Provision for loan and lease losses
$10,479Total noninterest income
$0Fiduciary activities
$1,087Service charges on deposit accounts
$0Trading account gains & fees
$9,392Additional noninterest income
$29,000Total noninterest expense
$16,407Salaries and employee benefits
$4,354Premises and equipment expense
$8,239Additional noninterest expense
$22,908Pre-tax net operating income
$0Securities gains (losses)
$9,106Applicable income taxes
$13,802Income before extraordinary items
$0Extraordinary gains - net
$13,802Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$234Sale, conversion, retirement of capital stock, net
$500Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.75%Yield on earning assets
1.61%Cost of funding earning assets
6.14%Net interest margin
1.51%Noninterest income to earning assets
4.17%Noninterest expense to earning assets
1.77%Net operating income to assets
1.77%Return on assets (ROA)
2.93%Pretax return on assets
14.09%Return on equity (ROE)
13.58%Retained earnings to average equity (YTD only)
0.04%Net charge-offs to loans
526.07%Credit loss provision to net charge-offs
103.16%Efficiency ratio
54,574Assets per employee
3.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
3.62%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
267.97%Noncurrent assets plus other real estate owned to assets
0.40%Noncurrent loans to loans
0.49%Net loans and leases to deposits
101.98%Net loans and leases to core deposits
144.89%Equity capital to assets
14.15%Core capital (leverage) ratio
9.91%Tier 1 risk-based capital ratio
10.25%Total risk-based capital ratio
Memoranda
$11Average assets
$781,812Average earning assets
$97,940Average equity
$695,291Average loans
Bank Assets Sold and Securitized (December 31, 2001)
Dollar figures in thousands
Principal balance with servicing or other recourse retained
$01-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$69,602Commercial and industrial loans
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