FDIC Certificate #: 33662 Status: Inactive Closing history: Corrections Acquiring institution:Habib American Bank (#25093) Federal Reserve ID: 1462605 Date Established: January 01, 1967 Bank Charter Class: Insured U.S. branch of a foreign chartered institution (IBA) Offices: 1 (Interstate: No) FDIC's unique #: 47746 Numeric code: 52 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: July 18, 1990 Last Structure Change Effective Date: July 13, 1998 Last Structure Change Process Date: July 28, 1998 Last Data Update: July 28, 1998 Data Source Date: April 05, 2012
Location
Address: 110 East Ninth Street, Al-10, Los Angeles, CA 90079 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: New York 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: $39.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
0Total employees (full-time equivalent)
$33,422Total assets
$2,867Cash and due from depository institutions
$0Interest-bearing balances
$1,502Securities
$1,600Federal funds sold & reverse repurchase agreements
$26,740Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$713All other assets
$33,422Total liabilities and capital
$33,422Total liabilities
$29,630Total deposits
$0Interest-bearing deposits
$29,630Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$3,792All other liabilities
$0Total equity capital
$0Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$522Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$0Average Assets, quarterly
$0Volatile liabilities
$30,107Insider loans
$33,093FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,739Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$0Total interest income
$0Total interest expense
$0Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$0Total noninterest expense
$0Salaries and employee benefits
$0Premises and equipment expense
$0Additional noninterest expense
$0Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$0Extraordinary gains - net
$0Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
0.00%Cost of funding earning assets
0.00%Net interest margin
0.00%Noninterest income to earning assets
0.00%Noninterest expense to earning assets
0.00%Net operating income to assets
0.00%Return on assets (ROA)
0.00%Pretax return on assets
0.00%Return on equity (ROE)
0.00%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
0Assets per employee
0.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
1.95%Net loans and leases to deposits
90.25%Net loans and leases to core deposits
130.71%Equity capital to assets
0.00%Core capital (leverage) ratio
0.00%Tier 1 risk-based capital ratio
0.00%Total risk-based capital ratio
Memoranda
$0Average assets
$30,107Average earning assets
$0Average equity
$0Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Habib Bank AG Zurich.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: