FDIC Certificate #: 30376 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:OneUnited Bank (#23966) Federal Reserve ID: 166773 Date Established: December 30, 1948 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 5251 FDIC's unique #: 43210 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: December 30, 1948 Last Structure Change Effective Date: December 31, 2002 Last Structure Change Process Date: January 28, 2003 Last Data Update: January 28, 2003 Data Source Date: April 05, 2012
Location
Address: 3683 Crenshaw Boulevard, Los Angeles, CA 90016 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: $204.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
58Total employees (full-time equivalent)
$196,624Total assets
$5,366Cash and due from depository institutions
$1,590Interest-bearing balances
$32,555Securities
$0Federal funds sold & reverse repurchase agreements
$151,115Net loans & leases
$1,477Loan loss allowance
$0Trading account assets
$3,285Bank premises and fixed assets
$88Other real estate owned
$5Goodwill and other intangibles
$0Life insurance assets
$4,210All other assets
$196,624Total liabilities and capital
$184,288Total liabilities
$127,713Total deposits
$125,866Interest-bearing deposits
$127,713Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$55,111Other borrowed funds
$0Subordinated debt
$1,464All other liabilities
$12,336Total equity capital
$12,336Total bank equity capital
$12,336Perpetual preferred stock
$4,387Common stock
$4,367Surplus
$363Undivided profits
Memoranda
$3,219Noncurrent loans and leases
$3,560Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$500Earning assets
$0Long-term assets (5+ years)
$953Average Assets, year-to-date
$185,260Average Assets, quarterly
$0Volatile liabilities
$190,523Insider loans
$196,291FHLB advances
$81,829Loans and leases held for sale
$524Unused loan commitments
$55,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,560Total unused commitments
$0Restructured Loans and leases
$1,477Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$13,988Total interest income
$6,826Total interest expense
$7,162Net interest income
$150Provision for loan and lease losses
$1,488Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1,488Additional noninterest income
$6,841Total noninterest expense
$3,800Salaries and employee benefits
$1,804Premises and equipment expense
$1,237Additional noninterest expense
$1,659Pre-tax net operating income
$383Securities gains (losses)
$743Applicable income taxes
$1,299Income before extraordinary items
$0Extraordinary gains - net
$1,299Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$26Sale, conversion, retirement of capital stock, net
$254Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.82%Yield on earning assets
3.82%Cost of funding earning assets
4.00%Net interest margin
0.83%Noninterest income to earning assets
3.82%Noninterest expense to earning assets
0.55%Net operating income to assets
0.68%Return on assets (ROA)
1.07%Pretax return on assets
11.02%Return on equity (ROE)
8.86%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
576.92%Credit loss provision to net charge-offs
69.58%Efficiency ratio
79,087Assets per employee
3.39%Cash dividends to net income (YTD only)
Condition Ratios (%)
19.55%Loss allowance to loans
0.97%Loss allowance to noncurrent loans
295.40%Noncurrent assets plus other real estate owned to assets
0.30%Noncurrent loans to loans
0.33%Net loans and leases to deposits
118.32%Net loans and leases to core deposits
149.63%Equity capital to assets
6.27%Core capital (leverage) ratio
6.27%Tier 1 risk-based capital ratio
9.78%Total risk-based capital ratio
Memoranda
$11Average assets
$190,523Average earning assets
$11,790Average equity
$178,854Average loans
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