FDIC Certificate #: 32991 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Community Bank of Central California (#24243) Federal Reserve ID: 1459203 Date Established: July 02, 1990 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) OTS Docket #: 15812 FDIC's unique #: 46172 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: July 02, 1990 Last Structure Change Effective Date: July 09, 1999 Last Structure Change Process Date: July 22, 1999 Last Data Update: July 22, 1999 Data Source Date: April 05, 2012
Location
Address: 1676-A Fremont Boulevard, Seaside, CA 93955 County: Monterey 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): Salinas, CA (#7120) Core Based Statistical Area (CBSA): Salinas, CA (#41500) CBSA Metro Statistical Area: Salinas, CA (#41500)
Financial Summary
Total assets: $57.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
23Total employees (full-time equivalent)
$54,387Total assets
$3,636Cash and due from depository institutions
$0Interest-bearing balances
$10,152Securities
$1,106Federal funds sold & reverse repurchase agreements
$38,304Net loans & leases
$552Loan loss allowance
$0Trading account assets
$189Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,000All other assets
$54,387Total liabilities and capital
$49,684Total liabilities
$49,332Total deposits
$37,981Interest-bearing deposits
$49,332Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$352All other liabilities
$4,703Total equity capital
$4,703Total bank equity capital
$4,703Perpetual preferred stock
$0Common stock
$5,008Surplus
$0Undivided profits
Memoranda
$-305Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$565Earning assets
$445Long-term assets (5+ years)
$267Average Assets, year-to-date
$49,562Average Assets, quarterly
$3,274Volatile liabilities
$56,645Insider loans
$54,745FHLB advances
$14,012Loans and leases held for sale
$708Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$6,168Total risk weighted assets
$8,921Total unused commitments
$0Restructured Loans and leases
$43,786Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$4,423Total interest income
$1,791Total interest expense
$2,632Net interest income
$143Provision for loan and lease losses
$413Total noninterest income
$0Fiduciary activities
$291Service charges on deposit accounts
$0Trading account gains & fees
$122Additional noninterest income
$2,633Total noninterest expense
$970Salaries and employee benefits
$312Premises and equipment expense
$1,351Additional noninterest expense
$269Pre-tax net operating income
$0Securities gains (losses)
$115Applicable income taxes
$154Income before extraordinary items
$0Extraordinary gains - net
$154Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$71Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.56%Yield on earning assets
3.46%Cost of funding earning assets
5.09%Net interest margin
0.80%Noninterest income to earning assets
5.09%Noninterest expense to earning assets
0.27%Net operating income to assets
0.27%Return on assets (ROA)
0.47%Pretax return on assets
3.35%Return on equity (ROE)
3.35%Retained earnings to average equity (YTD only)
0.22%Net charge-offs to loans
201.41%Credit loss provision to net charge-offs
5.80%Efficiency ratio
86,470Assets per employee
2.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.42%Loss allowance to noncurrent loans
97.70%Noncurrent assets plus other real estate owned to assets
1.04%Noncurrent loans to loans
1.45%Net loans and leases to deposits
77.65%Net loans and leases to core deposits
108.45%Equity capital to assets
8.65%Core capital (leverage) ratio
8.28%Tier 1 risk-based capital ratio
10.64%Total risk-based capital ratio
Memoranda
$12Average assets
$56,645Average earning assets
$4,593Average equity
$51,694Average loans
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