FDIC Certificate #: 25667 Status: Inactive Federal Reserve ID: 612364 Date Established: December 31, 1950 WWW:http://www.firesidebank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 17568 Numeric code: 23 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Other Specialized Lending < 1 Billion Date of Deposit Insurance: October 05, 1984 Last Structure Change Effective Date: March 30, 2012 Last Structure Change Process Date: April 04, 2012 Last Data Update: April 04, 2012 Data Source Date: April 05, 2012
Location
Address: 5050 Hopyard Road, Suite 200, Pleasanton, CA 94588 County: Alameda Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento 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)
History of Changes
Other Liquidations and Closings
Change in Insurance Status
Financial Summary
Total assets: $25.9 mil Equity capital: $16.1 mil Deposits held in domestic offices: $0.0 mil Return on assets (ROA): 4.44% ($1.2 mil) Quarterly return on assets: -0.35% (-$0.1 mil) Return on Equity (ROE): 6.86% ($1.1 mil) Quarterly return on equity: -0.37% (-$0.1 mil) Net income: $14.4 mil Quarterly Net income: -$0.1 mil Pretax return on assets: 7.14% ($1,849.4 mil) Quarterly Pretax return on assets: 2.25% ($582.8 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
191Total employees (full-time equivalent)
$25,902Total assets
$16,070Cash and due from depository institutions
$14,000Interest-bearing balances
$3,338Securities
$1,066Federal funds sold & reverse repurchase agreements
$0Net loans & leases
$0Loan loss allowance
$0Trading account assets
$36Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$25,902Life insurance assets
$5,392All other assets
$9,785Total liabilities and capital
$0Total liabilities
$0Total deposits
$0Interest-bearing deposits
$0Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$9,785Subordinated debt
$16,117All other liabilities
$16,117Total equity capital
$16,117Total bank equity capital
$0Perpetual preferred stock
$4,550Common stock
$11,540Surplus
$27Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$16Long-term assets (5+ years)
$18,404Average Assets, year-to-date
$3,285Average Assets, quarterly
$325,132Volatile liabilities
$152,166Insider loans
$5,106FHLB advances
$24,582Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$14,409Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$32,433Total interest income
$14,661Total interest expense
$17,772Net interest income
-$41,978Provision for loan and lease losses
$5,771Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$5,771Additional noninterest income
$42,758Total noninterest expense
$29,965Salaries and employee benefits
$2,295Premises and equipment expense
$10,498Additional noninterest expense
$22,763Pre-tax net operating income
$440Securities gains (losses)
$8,761Applicable income taxes
$14,442Income before extraordinary items
$0Extraordinary gains - net
$14,442Net income attributable to bank
$0Net charge-offs
$14,442Cash dividends
-$21,105Sale, conversion, retirement of capital stock, net
$133,748Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
10.57%Yield on earning assets
4.78%Cost of funding earning assets
5.79%Net interest margin
1.88%Noninterest income to earning assets
13.94%Noninterest expense to earning assets
4.36%Net operating income to assets
4.44%Return on assets (ROA)
7.14%Pretax return on assets
6.86%Return on equity (ROE)
-56.68%Retained earnings to average equity (YTD only)
-11.15%Net charge-offs to loans
198.90%Credit loss provision to net charge-offs
0.00%Efficiency ratio
181,617Assets per employee
0.14%Cash dividends to net income (YTD only)
Condition Ratios (%)
926.10%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
0.00%Net loans and leases to core deposits
0.00%Equity capital to assets
62.22%Core capital (leverage) ratio
58.62%Tier 1 risk-based capital ratio
282.20%Total risk-based capital ratio
Memoranda
$282Average assets
$325,132Average earning assets
$210,503Average equity
$306,836Average loans
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