Glendale Federal Bank, Federal Savings Bank in Glendale, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 11, 1998

  • Glendale Federal Bank, Federal Savings Bank in Glendale, California (CA)
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Glendale Federal Bank, Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 29199
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: California Federal Bank (#30278)
    Federal Reserve ID: 786377
    Date Established: October 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 3088
    FDIC's unique #: 42033
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: November 01, 1934
    Last Structure Change Effective Date: September 11, 1998
    Last Structure Change Process Date: October 08, 1998
    Last Data Update: October 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 414 North Central Avenue, Glendale, CA 91203
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $18,095.4 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 2,865Total employees (full-time equivalent)
  • $16,029,080Total assets
  • $308,562Cash and due from depository institutions
  • $2,796Interest-bearing balances
  • $2,833,245Securities
  • $20,000Federal funds sold & reverse repurchase agreements
  • $11,740,398Net loans & leases
  • $142,936Loan loss allowance
  • $0Trading account assets
  • $140,572Bank premises and fixed assets
  • $51,643Other real estate owned
  • $355,682Goodwill and other intangibles
  • $0Life insurance assets
  • $578,978All other assets
  • $16,029,080Total liabilities and capital
  • $14,961,337Total liabilities
  • $9,688,472Total deposits
  • $8,810,527Interest-bearing deposits
  • $9,688,472Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $817,374Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $4,324,076Other borrowed funds
  • $0Subordinated debt
  • $131,415All other liabilities
  • $1,067,743Total equity capital
  • $1,067,743Total bank equity capital
  • $1,067,743Perpetual preferred stock
  • $109,560Common stock
  • $50,364Surplus
  • $698,322Undivided profits
  • Memoranda
  • $209,497Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $98,554Earning assets
  • $0Long-term assets (5+ years)
  • $79,849Average Assets, year-to-date
  • $14,596,439Average Assets, quarterly
  • $0Volatile liabilities
  • $15,840,303Insider loans
  • $16,230,678FHLB advances
  • $7,004,366Loans and leases held for sale
  • $3,916Unused loan commitments
  • $4,324,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $544,078Total unused commitments
  • $0Restructured Loans and leases
  • $8,855,641Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $1,098,441Total interest income
  • $710,948Total interest expense
  • $387,493Net interest income
  • $12,015Provision for loan and lease losses
  • $133,448Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $133,448Additional noninterest income
  • $326,868Total noninterest expense
  • $124,693Salaries and employee benefits
  • $83,145Premises and equipment expense
  • $119,030Additional noninterest expense
  • $182,058Pre-tax net operating income
  • -$593Securities gains (losses)
  • $76,851Applicable income taxes
  • $104,614Income before extraordinary items
  • $0Extraordinary gains - net
  • $104,614Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $27,370Sale, conversion, retirement of capital stock, net
  • $19,996Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.55%Yield on earning assets
  • 4.89%Cost of funding earning assets
  • 2.66%Net interest margin
  • 0.92%Noninterest income to earning assets
  • 2.25%Noninterest expense to earning assets
  • 0.66%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.34%Return on equity (ROE)
  • 8.36%Retained earnings to average equity (YTD only)
  • 0.23%Net charge-offs to loans
  • 43.90%Credit loss provision to net charge-offs
  • 7.09%Efficiency ratio
  • 61,391Assets per employee
  • 5.59%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 19.11%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 145.03%Noncurrent assets plus other real estate owned to assets
  • 0.90%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 121.18%Net loans and leases to core deposits
  • 150.03%Equity capital to assets
  • 6.66%Core capital (leverage) ratio
  • 6.10%Tier 1 risk-based capital ratio
  • 10.96%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $15,840,303Average earning assets
  • $1,012,003Average equity
  • $14,550,780Average loans

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