First State Bank of Southern California - Overview
General
FDIC Certificate #: 16850 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Banco Popular North America (#34967) Federal Reserve ID: 384764 Date Established: October 31, 1949 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 10949 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: October 31, 1949 Last Structure Change Effective Date: January 24, 1999 Last Structure Change Process Date: Febuary 26, 1999 Last Data Update: Febuary 26, 1999 Data Source Date: April 05, 2012
Location
Address: 10400 South Norwalk Boulevard, Santa Fe Springs, CA 90670 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: New York FDIC Field Office: Los Angeles (North) 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: $196.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
84Total employees (full-time equivalent)
$196,515Total assets
$14,055Cash and due from depository institutions
$7,277Interest-bearing balances
$30,512Securities
$8,100Federal funds sold & reverse repurchase agreements
$120,556Net loans & leases
$2,568Loan loss allowance
$0Trading account assets
$4,789Bank premises and fixed assets
$167Other real estate owned
$16,224Goodwill and other intangibles
$0Life insurance assets
$2,112All other assets
$196,515Total liabilities and capital
$160,801Total liabilities
$158,867Total deposits
$109,368Interest-bearing deposits
$158,867Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$288Other borrowed funds
$0Subordinated debt
$1,646All other liabilities
$35,714Total equity capital
$35,714Total bank equity capital
$35,714Perpetual preferred stock
$0Common stock
$1Surplus
$35,564Undivided profits
Memoranda
$149Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,374Earning assets
$0Long-term assets (5+ years)
$622Average Assets, year-to-date
$166,445Average Assets, quarterly
$23,855Volatile liabilities
$175,762Insider loans
$185,228FHLB advances
$42,292Loans and leases held for sale
$8Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$36,968Total unused commitments
$0Restructured Loans and leases
$153,159Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$2,448Total interest income
$833Total interest expense
$1,615Net interest income
$140Provision for loan and lease losses
$229Total noninterest income
$0Fiduciary activities
$170Service charges on deposit accounts
$0Trading account gains & fees
$59Additional noninterest income
$1,288Total noninterest expense
$585Salaries and employee benefits
$161Premises and equipment expense
$542Additional noninterest expense
$416Pre-tax net operating income
-$1Securities gains (losses)
$229Applicable income taxes
$186Income before extraordinary items
$0Extraordinary gains - net
$186Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$176Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
1.54%Yield on earning assets
0.52%Cost of funding earning assets
1.02%Net interest margin
0.14%Noninterest income to earning assets
0.81%Noninterest expense to earning assets
0.11%Net operating income to assets
0.11%Return on assets (ROA)
0.24%Pretax return on assets
0.88%Return on equity (ROE)
0.88%Retained earnings to average equity (YTD only)
0.15%Net charge-offs to loans
79.55%Credit loss provision to net charge-offs
3.16%Efficiency ratio
59,328Assets per employee
2.34%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.09%Loss allowance to noncurrent loans
76.11%Noncurrent assets plus other real estate owned to assets
1.80%Noncurrent loans to loans
2.74%Net loans and leases to deposits
75.88%Net loans and leases to core deposits
103.16%Equity capital to assets
18.17%Core capital (leverage) ratio
10.85%Tier 1 risk-based capital ratio
12.78%Total risk-based capital ratio
Memoranda
$14Average assets
$175,762Average earning assets
$21,050Average equity
$158,931Average loans
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