FDIC Certificate #: 28449 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Opus Bank (#33806) Federal Reserve ID: 347273 Date Established: January 01, 1927 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 8 (Interstate: No) OTS Docket #: 1618 FDIC's unique #: 41283 Numeric code: 37 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: July 09, 1945 Last Structure Change Effective Date: October 31, 2011 Last Structure Change Process Date: November 23, 2011 Last Data Update: November 23, 2011 Data Source Date: April 05, 2012
Location
Address: 200 West Commonwealth Avenue, Fullerton, CA 92832 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: $636.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2010)
Dollar figures in thousands
133Total employees (full-time equivalent)
$688,176Total assets
$99,240Cash and due from depository institutions
$96,284Interest-bearing balances
$17,633Securities
$0Federal funds sold & reverse repurchase agreements
$532,941Net loans & leases
$9,991Loan loss allowance
$0Trading account assets
$5,550Bank premises and fixed assets
$3,160Other real estate owned
$496Goodwill and other intangibles
$8,210Life insurance assets
$29,156All other assets
$688,176Total liabilities and capital
$627,419Total liabilities
$514,294Total deposits
$489,585Interest-bearing deposits
$514,294Deposits held in domestic offices
56.41%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$109,865Other borrowed funds
$0Subordinated debt
$3,260All other liabilities
$60,757Total equity capital
$60,757Total bank equity capital
$60,757Perpetual preferred stock
$0Common stock
$212Surplus
$18,199Undivided profits
Memoranda
$42,346Noncurrent loans and leases
$77,260Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$19,631Earning assets
$41Long-term assets (5+ years)
$2,262Average Assets, year-to-date
$646,858Average Assets, quarterly
$0Volatile liabilities
$706,946Insider loans
$692,331FHLB advances
$236,955Loans and leases held for sale
$2,351Unused loan commitments
$108,900Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$77,260Total unused commitments
$12,340Restructured Loans and leases
$6,378Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$33,892Total interest income
$9,786Total interest expense
$24,106Net interest income
$5,934Provision for loan and lease losses
$2,233Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$2,233Additional noninterest income
$23,165Total noninterest expense
$11,921Salaries and employee benefits
$3,529Premises and equipment expense
$7,715Additional noninterest expense
-$2,760Pre-tax net operating income
$580Securities gains (losses)
-$1,271Applicable income taxes
-$909Income before extraordinary items
$0Extraordinary gains - net
-$909Net income attributable to bank
$0Net charge-offs
-$909Cash dividends
$6,123Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.15%Yield on earning assets
1.49%Cost of funding earning assets
3.66%Net interest margin
0.34%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
-0.18%Net operating income to assets
-0.13%Return on assets (ROA)
-0.31%Pretax return on assets
-1.50%Return on equity (ROE)
-1.50%Retained earnings to average equity (YTD only)
1.07%Net charge-offs to loans
96.91%Credit loss provision to net charge-offs
0.52%Efficiency ratio
87,748Assets per employee
5.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
50.89%Noncurrent assets plus other real estate owned to assets
3.31%Noncurrent loans to loans
3.62%Net loans and leases to deposits
103.63%Net loans and leases to core deposits
137.64%Equity capital to assets
8.83%Core capital (leverage) ratio
8.68%Tier 1 risk-based capital ratio
11.77%Total risk-based capital ratio
Memoranda
$13Average assets
$706,946Average earning assets
$60,555Average equity
$658,058Average loans
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