Great American Federal Savings Association in San Diego, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 13, 1994

  • Great American Federal Savings Association in San Diego, California (CA)
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Great American Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33520
    Status: Inactive
    Federal Reserve ID: 983774
    Date Established: October 25, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9498
    FDIC's unique #: 47359
    Numeric code: 38
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: October 25, 1991
    Last Structure Change Effective Date: May 13, 1994
    Last Structure Change Process Date: May 25, 1994
    Last Data Update: November 14, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 6795 Flanders Drive, San Diego, CA 92121
    County: San Diego
    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): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • History of Changes
  • RTC Supervised Payoffs, Liquidations, and Closings
    Corrections
    Conservatorship Institution Resolved
    Office Sold
  • Financial Summary
  • Total assets: $1,308.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $621Total assets
  • $1,351,427Cash and due from depository institutions
  • $23,812Interest-bearing balances
  • $175Securities
  • $567,374Federal funds sold & reverse repurchase agreements
  • $33,700Net loans & leases
  • $381,271Loan loss allowance
  • $44,662Trading account assets
  • $0Bank premises and fixed assets
  • $22,466Other real estate owned
  • $47,006Goodwill and other intangibles
  • $275,798Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $1,351,427Total liabilities
  • $2,518,405Total deposits
  • $2,152,351Interest-bearing deposits
  • $2,152,351Deposits held in domestic offices
  • 2152351.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $198,249Subordinated debt
  • $0All other liabilities
  • $167,805Total equity capital
  • $167,805Total bank equity capital
  • $-1,166,978Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-1,166,978Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $131,137Income earned, not collected on loans
  • $2,841Earning assets
  • $982,520Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $1,726,810Average Assets, quarterly
  • $1,390,985Volatile liabilities
  • $295,290Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $12,410Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-1,187,624Total risk weighted assets
  • $4,023,949Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $60,704Total interest expense
  • $97,655Net interest income
  • -$36,951Provision for loan and lease losses
  • $13,433Total noninterest income
  • -$7,587Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • -$7,587Total noninterest expense
  • $142,131Salaries and employee benefits
  • $44,523Premises and equipment expense
  • $23,189Additional noninterest expense
  • $74,419Pre-tax net operating income
  • -$200,102Securities gains (losses)
  • -$203,429Applicable income taxes
  • -$2,379Income before extraordinary items
  • -$401,152Extraordinary gains - net
  • $0Net income attributable to bank
  • -$401,152Net charge-offs
  • $63,173Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 4.64%Cost of funding earning assets
  • 7.46%Net interest margin
  • -2.82%Noninterest income to earning assets
  • -0.58%Noninterest expense to earning assets
  • 10.86%Net operating income to assets
  • -11.57%Return on assets (ROA)
  • -23.23%Pretax return on assets
  • -23.37%Return on equity (ROE)
  • 41.38%Retained earnings to average equity (YTD only)
  • 41.38%Net charge-offs to loans
  • 9.61%Credit loss provision to net charge-offs
  • 21.26%Efficiency ratio
  • -319,123Assets per employee
  • 2.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.49%Loss allowance to noncurrent loans
  • 34.06%Noncurrent assets plus other real estate owned to assets
  • 13.18%Noncurrent loans to loans
  • 30.79%Net loans and leases to deposits
  • 17.71%Net loans and leases to core deposits
  • 18.55%Equity capital to assets
  • -86.35%Core capital (leverage) ratio
  • -98.37%Tier 1 risk-based capital ratio
  • -29.51%Total risk-based capital ratio
  • Memoranda
  • -$30Average assets
  • $1,726,810Average earning assets
  • -$969,509Average equity
  • $1,308,366Average loans

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