First Pacific National Bank in city_name, state_name - Detailed Financial Reports, Location

First Pacific National Bank in Escondido, California (CA)
Show street view No street view available for this location

First Pacific National Bank - Overview

General
FDIC Certificate #: 23810
Status: Inactive
Closing history: Corrections
Acquiring institution: California Bank & Trust (#20852)
Federal Reserve ID: 756268
Date Established: May 03, 1982
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 8 (Interstate: No)
OTS Docket #: 13575
FDIC's unique #: 16646
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: May 03, 1982
Last Structure Change Effective Date: June 24, 1998
Last Structure Change Process Date: June 26, 1998
Last Data Update: June 30, 1998
Data Source Date: April 05, 2012
Location
Address: 613 West Valley Parkway, 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)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $363.9 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
174Total employees (full-time equivalent)
$353,074Total assets
$24,283Cash and due from depository institutions
$0Interest-bearing balances
$82,844Securities
$0Federal funds sold & reverse repurchase agreements
$227,856Net loans & leases
$2,646Loan loss allowance
$0Trading account assets
$7,577Bank premises and fixed assets
$1,260Other real estate owned
$3,938Goodwill and other intangibles
$0Life insurance assets
$5,316All other assets
$353,074Total liabilities and capital
$324,080Total liabilities
$311,157Total deposits
$236,362Interest-bearing deposits
$311,157Deposits held in domestic offices
0.00%% insured (estimated)
$11,100Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,823All other liabilities
$28,994Total equity capital
$28,994Total bank equity capital
$28,994Perpetual preferred stock
$0Common stock
$5,593Surplus
$13,961Undivided profits
Memoranda
$9,440Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$466Earning assets
$0Long-term assets (5+ years)
$1,354Average Assets, year-to-date
$310,700Average Assets, quarterly
$99,269Volatile liabilities
$335,395Insider loans
$355,771FHLB advances
$48,180Loans and leases held for sale
$6,189Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$17,076Total risk weighted assets
$44,967Total unused commitments
$0Restructured Loans and leases
$240,509Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$28,401Total interest income
$8,048Total interest expense
$20,353Net interest income
$432Provision for loan and lease losses
$3,229Total noninterest income
$0Fiduciary activities
$1,435Service charges on deposit accounts
$0Trading account gains & fees
$1,794Additional noninterest income
$14,977Total noninterest expense
$7,539Salaries and employee benefits
$2,668Premises and equipment expense
$4,770Additional noninterest expense
$8,173Pre-tax net operating income
$89Securities gains (losses)
$3,154Applicable income taxes
$5,108Income before extraordinary items
$0Extraordinary gains - net
$5,108Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,191Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
9.72%Yield on earning assets
2.75%Cost of funding earning assets
6.97%Net interest margin
1.11%Noninterest income to earning assets
5.13%Noninterest expense to earning assets
1.51%Net operating income to assets
1.52%Return on assets (ROA)
2.46%Pretax return on assets
19.59%Return on equity (ROE)
19.59%Retained earnings to average equity (YTD only)
0.53%Net charge-offs to loans
36.27%Credit loss provision to net charge-offs
7.23%Efficiency ratio
61,924Assets per employee
2.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.15%Loss allowance to noncurrent loans
567.81%Noncurrent assets plus other real estate owned to assets
0.49%Noncurrent loans to loans
0.20%Net loans and leases to deposits
73.23%Net loans and leases to core deposits
83.14%Equity capital to assets
8.21%Core capital (leverage) ratio
7.08%Tier 1 risk-based capital ratio
10.30%Total risk-based capital ratio
Memoranda
$11Average assets
$335,395Average earning assets
$26,077Average equity
$292,154Average loans

First Pacific National Bank in Escondido, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Pacific National Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

First Pacific National Bank in Escondido, California (CA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Pacific National Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

Comment about this bank, ask questions, or add new information about it:

First Pacific National Bank in Escondido, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches