FDIC Certificate #: 27539 Status: Active Federal Reserve ID: 1401903 Date Established: March 31, 1988 WWW:http://www.firstam.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 #: 40314 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: Commercial Lending Specialization Date of Deposit Insurance: June 28, 1989 Last Structure Change Effective Date: January 23, 2009 Last Structure Change Process Date: March 20, 2009 Last Data Update: March 20, 2009 Data Source Date: April 05, 2012
Location
Address: 803 East Katella Avenue, Orange, CA 92867 County: Orange 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): Orange County, CA (#5945) 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: Santa Ana-Anaheim-Irvine, CA (#42044)
History of Changes
Name Change
Financial Summary
Total assets: $155.1 mil Equity capital: $27.3 mil Deposits held in domestic offices: $100.6 mil Return on assets (ROA): 1.30% ($2.0 mil) Quarterly return on assets: 1.44% ($2.2 mil) Return on Equity (ROE): 14.21% ($3.8 mil) Quarterly return on equity: 8.09% ($2.2 mil) Net income: $5.2 mil Quarterly Net income: $0.7 mil Pretax return on assets: 2.25% ($3,490.6 mil) Quarterly Pretax return on assets: 2.49% ($3,862.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$155,138Total assets
$8,479Cash and due from depository institutions
$7,662Interest-bearing balances
$0Securities
$2,051Federal funds sold & reverse repurchase agreements
$139,191Net loans & leases
$4,171Loan loss allowance
$0Trading account assets
$33Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$155,138Life insurance assets
$5,384All other assets
$127,883Total liabilities and capital
$100,645Total liabilities
$100,645Total deposits
$100,645Interest-bearing deposits
$65Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$26,000Trading liabilities
$0Other borrowed funds
$1,238Subordinated debt
$27,255All other liabilities
$27,255Total equity capital
$27,255Total bank equity capital
$0Perpetual preferred stock
$750Common stock
$500Surplus
$26,005Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,910Income earned, not collected on loans
$0Earning assets
$630Long-term assets (5+ years)
$148,904Average Assets, year-to-date
$108,469Average Assets, quarterly
$398,426Volatile liabilities
$193,967Insider loans
$142,468FHLB advances
$177,131Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$27,255Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$471Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$13,227Total interest income
$2,710Total interest expense
$10,517Net interest income
$900Provision for loan and lease losses
$1Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$1Additional noninterest income
$3,183Total noninterest expense
$1,746Salaries and employee benefits
$117Premises and equipment expense
$1,320Additional noninterest expense
$6,435Pre-tax net operating income
$2,516Securities gains (losses)
$3,764Applicable income taxes
$5,187Income before extraordinary items
$0Extraordinary gains - net
$5,187Net income attributable to bank
$0Net charge-offs
$5,187Cash dividends
$0Sale, conversion, retirement of capital stock, net
$15,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.38%Yield on earning assets
0.69%Cost of funding earning assets
2.69%Net interest margin
0.00%Noninterest income to earning assets
0.81%Noninterest expense to earning assets
0.90%Net operating income to assets
1.30%Return on assets (ROA)
2.25%Pretax return on assets
14.21%Return on equity (ROE)
-26.88%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
30,262Assets per employee
22.16%Cash dividends to net income (YTD only)
Condition Ratios (%)
289.18%Loss allowance to loans
2.91%Loss allowance to noncurrent loans
84.95%Noncurrent assets plus other real estate owned to assets
3.16%Noncurrent loans to loans
3.42%Net loans and leases to deposits
138.30%Net loans and leases to core deposits
141.19%Equity capital to assets
17.57%Core capital (leverage) ratio
15.39%Tier 1 risk-based capital ratio
19.13%Total risk-based capital ratio
Memoranda
$20Average assets
$398,426Average earning assets
$36,503Average equity
$391,659Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
40314
First Security Business Bank
803 East Katella Avenue, Orange, CA 92867
March 31, 1988
Full Service Brick and Mortar
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