FDIC Certificate #: 24841 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Boston Private Bank & Trust Company (#24811) Federal Reserve ID: 193461 Date Established: December 10, 1983 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 17224 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: December 10, 1983 Last Structure Change Effective Date: May 27, 2011 Last Structure Change Process Date: June 08, 2011 Last Data Update: June 08, 2011 Data Source Date: April 05, 2012
Location
Address: 16000 Ventura Boulevard, Encino, CA 91436 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: New York 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: $482.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
105Total employees (full-time equivalent)
$505,078Total assets
$62,562Cash and due from depository institutions
$59,461Interest-bearing balances
$13,903Securities
$0Federal funds sold & reverse repurchase agreements
$396,673Net loans & leases
$12,374Loan loss allowance
$0Trading account assets
$4,086Bank premises and fixed assets
$1,129Other real estate owned
$298Goodwill and other intangibles
$4,393Life insurance assets
$26,427All other assets
$505,078Total liabilities and capital
$445,894Total liabilities
$411,104Total deposits
$314,112Interest-bearing deposits
$411,104Deposits held in domestic offices
80.61%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$25,000Other borrowed funds
$0Subordinated debt
$9,790All other liabilities
$59,184Total equity capital
$59,184Total bank equity capital
$59,184Perpetual preferred stock
$0Common stock
$4,681Surplus
$206,474Undivided profits
Memoranda
$-151,971Noncurrent loans and leases
$37,784Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$10,663Earning assets
$0Long-term assets (5+ years)
$1,568Average Assets, year-to-date
$470,037Average Assets, quarterly
$117,399Volatile liabilities
$511,805Insider loans
$509,372FHLB advances
$150,015Loans and leases held for sale
$0Unused loan commitments
$25,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,526Total risk weighted assets
$37,784Total unused commitments
$971Restructured Loans and leases
$4,449Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$24,670Total interest income
$4,628Total interest expense
$20,042Net interest income
-$1,037Provision for loan and lease losses
$7,226Total noninterest income
$226Fiduciary activities
$647Service charges on deposit accounts
$0Trading account gains & fees
$6,353Additional noninterest income
$26,659Total noninterest expense
$12,375Salaries and employee benefits
$3,067Premises and equipment expense
$11,217Additional noninterest expense
$1,646Pre-tax net operating income
$36Securities gains (losses)
$745Applicable income taxes
$937Income before extraordinary items
$0Extraordinary gains - net
$937Net income attributable to bank
$0Net charge-offs
$937Cash dividends
-$1,752Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.26%Yield on earning assets
0.99%Cost of funding earning assets
4.27%Net interest margin
1.54%Noninterest income to earning assets
5.68%Noninterest expense to earning assets
0.18%Net operating income to assets
0.18%Return on assets (ROA)
0.33%Pretax return on assets
1.59%Return on equity (ROE)
1.59%Retained earnings to average equity (YTD only)
-0.43%Net charge-offs to loans
59.19%Credit loss provision to net charge-offs
0.00%Efficiency ratio
97,327Assets per employee
4.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.03%Loss allowance to noncurrent loans
116.05%Noncurrent assets plus other real estate owned to assets
2.33%Noncurrent loans to loans
2.61%Net loans and leases to deposits
96.49%Net loans and leases to core deposits
141.12%Equity capital to assets
11.72%Core capital (leverage) ratio
9.36%Tier 1 risk-based capital ratio
13.55%Total risk-based capital ratio
Memoranda
$15Average assets
$511,805Average earning assets
$58,925Average equity
$469,184Average loans
Total Fiduciary and Related Assets (December 31, 2010)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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