FDIC Certificate #: 21104 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pacific Western Bank (#24045) Federal Reserve ID: 181169 Date Established: June 01, 1973 WWW:http://www.foothillbank.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 12 (Interstate: No) OTS Docket #: 12881 FDIC's unique #: 14587 Numeric code: 13 Regulator: FED 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: June 01, 1973 Last Structure Change Effective Date: May 10, 2006 Last Structure Change Process Date: June 07, 2006 Last Data Update: June 07, 2006 Data Source Date: April 05, 2012
Location
Address: 510 South Grande Avenue, Glendora, CA 91741 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco 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: $750.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
217Total employees (full-time equivalent)
$797,732Total assets
$33,450Cash and due from depository institutions
$1,287Interest-bearing balances
$177,680Securities
$5,500Federal funds sold & reverse repurchase agreements
$547,425Net loans & leases
$5,062Loan loss allowance
$0Trading account assets
$4,458Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$29,219All other assets
$797,732Total liabilities and capital
$720,959Total liabilities
$672,838Total deposits
$405,743Interest-bearing deposits
$672,838Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$42,000Other borrowed funds
$0Subordinated debt
$6,121All other liabilities
$76,773Total equity capital
$76,773Total bank equity capital
$76,773Perpetual preferred stock
$0Common stock
$1,814Surplus
$9,788Undivided profits
Memoranda
$65,171Noncurrent loans and leases
$69,160Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$137Earning assets
$24Long-term assets (5+ years)
$1,962Average Assets, year-to-date
$731,892Average Assets, quarterly
$366,653Volatile liabilities
$796,063Insider loans
$795,536FHLB advances
$76,100Loans and leases held for sale
$0Unused loan commitments
$42,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$69,160Total unused commitments
$0Restructured Loans and leases
$5,238Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$43,113Total interest income
$4,933Total interest expense
$38,180Net interest income
$0Provision for loan and lease losses
$4,978Total noninterest income
$0Fiduciary activities
$3,198Service charges on deposit accounts
$0Trading account gains & fees
$1,780Additional noninterest income
$24,269Total noninterest expense
$11,705Salaries and employee benefits
$4,421Premises and equipment expense
$8,143Additional noninterest expense
$18,889Pre-tax net operating income
-$153Securities gains (losses)
$6,722Applicable income taxes
$12,014Income before extraordinary items
$0Extraordinary gains - net
$12,014Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$46Sale, conversion, retirement of capital stock, net
$4,675Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.89%Yield on earning assets
0.67%Cost of funding earning assets
5.22%Net interest margin
0.68%Noninterest income to earning assets
3.32%Noninterest expense to earning assets
1.52%Net operating income to assets
1.51%Return on assets (ROA)
2.35%Pretax return on assets
16.24%Return on equity (ROE)
9.92%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
56,233Assets per employee
3.68%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.91%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
3694.89%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.02%Net loans and leases to deposits
81.36%Net loans and leases to core deposits
85.70%Equity capital to assets
9.62%Core capital (leverage) ratio
10.08%Tier 1 risk-based capital ratio
12.74%Total risk-based capital ratio
Memoranda
$14Average assets
$796,063Average earning assets
$73,976Average equity
$731,532Average loans
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