FDIC Certificate #: 32096 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Hanmi Bank (#24170) Federal Reserve ID: 593173 Date Established: January 01, 1978 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 7848 FDIC's unique #: 44930 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: July 17, 1981 Last Structure Change Effective Date: October 01, 1998 Last Structure Change Process Date: October 29, 1998 Last Data Update: October 29, 1998 Data Source Date: April 05, 2012
Location
Address: 3109 West Olympia Blvd, Los Angeles, CA 90006 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) 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: $84.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
52Total employees (full-time equivalent)
$78,219Total assets
$22,634Cash and due from depository institutions
$16,788Interest-bearing balances
$1,885Securities
$6,500Federal funds sold & reverse repurchase agreements
$42,114Net loans & leases
$1,157Loan loss allowance
$0Trading account assets
$3,666Bank premises and fixed assets
$0Other real estate owned
$65Goodwill and other intangibles
$0Life insurance assets
$1,355All other assets
$78,219Total liabilities and capital
$72,931Total liabilities
$71,816Total deposits
$50,994Interest-bearing deposits
$71,816Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,115All other liabilities
$5,288Total equity capital
$5,288Total bank equity capital
$5,288Perpetual preferred stock
$0Common stock
$3,200Surplus
$0Undivided profits
Memoranda
$2,088Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,510Earning assets
$0Long-term assets (5+ years)
$273Average Assets, year-to-date
$67,287Average Assets, quarterly
$0Volatile liabilities
$79,341Insider loans
$82,160FHLB advances
$17,190Loans and leases held for sale
$1,458Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$2,731Total unused commitments
$0Restructured Loans and leases
$37,855Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$4,772Total interest income
$2,094Total interest expense
$2,678Net interest income
$593Provision for loan and lease losses
$3,228Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$3,228Additional noninterest income
$3,795Total noninterest expense
$1,844Salaries and employee benefits
$701Premises and equipment expense
$1,250Additional noninterest expense
$1,518Pre-tax net operating income
$0Securities gains (losses)
$593Applicable income taxes
$925Income before extraordinary items
$0Extraordinary gains - net
$925Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$163Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.89%Yield on earning assets
3.02%Cost of funding earning assets
3.87%Net interest margin
4.66%Noninterest income to earning assets
5.48%Noninterest expense to earning assets
1.17%Net operating income to assets
1.17%Return on assets (ROA)
1.91%Pretax return on assets
19.22%Return on equity (ROE)
19.22%Retained earnings to average equity (YTD only)
0.38%Net charge-offs to loans
363.80%Credit loss provision to net charge-offs
12.95%Efficiency ratio
64,257Assets per employee
1.50%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.67%Loss allowance to noncurrent loans
76.62%Noncurrent assets plus other real estate owned to assets
1.93%Noncurrent loans to loans
3.49%Net loans and leases to deposits
58.64%Net loans and leases to core deposits
77.10%Equity capital to assets
6.76%Core capital (leverage) ratio
6.76%Tier 1 risk-based capital ratio
13.97%Total risk-based capital ratio
Memoranda
$15Average assets
$79,341Average earning assets
$4,813Average equity
$69,268Average loans
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