Frontier Bank, National Association in La Palma, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 17, 1997

  • Frontier Bank, National Association in La Palma, California (CA)
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Frontier Bank, National Association - Overview

  • General
  • FDIC Certificate #: 24491
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank (#17281)
    Federal Reserve ID: 928869
    Date Established: May 09, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 9449
    FDIC's unique #: 17018
    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 09, 1983
    Last Structure Change Effective Date: January 17, 1997
    Last Structure Change Process Date: Febuary 04, 1997
    Last Data Update: Febuary 04, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: One Centerpointe Drive, La Palma, CA 90623
    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)
  • Financial Summary
  • Total assets: $85.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $28Total assets
  • $85,421Cash and due from depository institutions
  • $3,368Interest-bearing balances
  • $0Securities
  • $12,781Federal funds sold & reverse repurchase agreements
  • $5,540Net loans & leases
  • $59,239Loan loss allowance
  • $1,061Trading account assets
  • $0Bank premises and fixed assets
  • $1,061Other real estate owned
  • $1,737Goodwill and other intangibles
  • $1,695Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $85,421Total liabilities
  • $76,165Total deposits
  • $74,761Interest-bearing deposits
  • $59,821Deposits held in domestic offices
  • 74761.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,404Total equity capital
  • $1,404Total bank equity capital
  • $9,256Perpetual preferred stock
  • $0Common stock
  • $1,750Surplus
  • $7,491Undivided profits
  • Memoranda
  • $15Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $831Income earned, not collected on loans
  • $444Earning assets
  • $77,560Long-term assets (5+ years)
  • $16,759Average Assets, year-to-date
  • $85,796Average Assets, quarterly
  • $85,840Volatile liabilities
  • $4,035Insider loans
  • $555FHLB advances
  • $0Loans and leases held for sale
  • $811Unused loan commitments
  • $10,683Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,469Total risk weighted assets
  • $67,107Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,498Total interest expense
  • $2,130Net interest income
  • $5,368Provision for loan and lease losses
  • $0Total noninterest income
  • $1,321Fiduciary activities
  • $0Service charges on deposit accounts
  • $434Trading account gains & fees
  • $0Additional noninterest income
  • $887Total noninterest expense
  • $4,995Salaries and employee benefits
  • $2,040Premises and equipment expense
  • $708Additional noninterest expense
  • $2,247Pre-tax net operating income
  • $1,694Securities gains (losses)
  • -$86Applicable income taxes
  • $798Income before extraordinary items
  • $810Extraordinary gains - net
  • $0Net income attributable to bank
  • $810Net charge-offs
  • $486Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.60%Cost of funding earning assets
  • 2.73%Net interest margin
  • 6.87%Noninterest income to earning assets
  • 1.69%Noninterest expense to earning assets
  • 6.40%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 0.94%Pretax return on assets
  • 1.87%Return on equity (ROE)
  • 9.41%Retained earnings to average equity (YTD only)
  • 9.41%Net charge-offs to loans
  • 0.84%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 74,675Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.76%Loss allowance to noncurrent loans
  • 127.68%Noncurrent assets plus other real estate owned to assets
  • 3.01%Noncurrent loans to loans
  • 1.38%Net loans and leases to deposits
  • 79.24%Net loans and leases to core deposits
  • 83.76%Equity capital to assets
  • 10.84%Core capital (leverage) ratio
  • 11.08%Tier 1 risk-based capital ratio
  • 14.11%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $85,796Average earning assets
  • $8,603Average equity
  • $78,098Average loans

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