Hancock Savings Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 29, 1997

  • Hancock Savings Bank in Los Angeles, California (CA)
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Hancock Savings Bank - Overview

  • General
  • FDIC Certificate #: 32065
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Fidelity Federal Bank, a Federal Savings Bank (#30700)
    Federal Reserve ID: 585075
    Date Established: January 01, 1979
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7806
    FDIC's unique #: 44899
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 05, 1980
    Last Structure Change Effective Date: July 29, 1997
    Last Structure Change Process Date: September 16, 1997
    Last Data Update: September 16, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 119 North Larchmont Blvd, Los Angeles, CA 90004
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    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)
  • Financial Summary
  • Total assets: $210.0 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)
  • $59Total assets
  • $198,517Cash and due from depository institutions
  • $8,258Interest-bearing balances
  • $2,476Securities
  • $27,879Federal funds sold & reverse repurchase agreements
  • $7,506Net loans & leases
  • $144,564Loan loss allowance
  • $8,498Trading account assets
  • $3,001Bank premises and fixed assets
  • $1,590Other real estate owned
  • $1,544Goodwill and other intangibles
  • $4,175Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $198,517Total liabilities
  • $191,916Total deposits
  • $190,455Interest-bearing deposits
  • $179,461Deposits held in domestic offices
  • 190455.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $1,461Total equity capital
  • $1,461Total bank equity capital
  • $6,601Perpetual preferred stock
  • $0Common stock
  • $8,336Surplus
  • $2,243Undivided profits
  • Memoranda
  • $-3,978Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,471Income earned, not collected on loans
  • $935Earning assets
  • $185,426Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $196,959Average Assets, quarterly
  • $199,430Volatile liabilities
  • $24,887Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,217Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,637Total risk weighted assets
  • $137,006Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,966Total interest expense
  • $8,335Net interest income
  • $5,631Provision for loan and lease losses
  • $6,975Total noninterest income
  • $1,533Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $136Additional noninterest income
  • $1,397Total noninterest expense
  • $5,863Salaries and employee benefits
  • $2,579Premises and equipment expense
  • $979Additional noninterest expense
  • $2,305Pre-tax net operating income
  • -$5,674Securities gains (losses)
  • $0Applicable income taxes
  • $4Income before extraordinary items
  • -$5,678Extraordinary gains - net
  • $0Net income attributable to bank
  • -$5,678Net charge-offs
  • $3,394Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $4,434Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.54%Cost of funding earning assets
  • 4.50%Net interest margin
  • 3.04%Noninterest income to earning assets
  • 0.83%Noninterest expense to earning assets
  • 3.17%Net operating income to assets
  • -2.88%Return on assets (ROA)
  • -2.88%Pretax return on assets
  • -2.88%Return on equity (ROE)
  • -67.98%Retained earnings to average equity (YTD only)
  • -67.98%Net charge-offs to loans
  • 2.19%Credit loss provision to net charge-offs
  • 205.51%Efficiency ratio
  • 81,840Assets per employee
  • 3.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.55%Loss allowance to noncurrent loans
  • 43.04%Noncurrent assets plus other real estate owned to assets
  • 5.04%Noncurrent loans to loans
  • 5.72%Net loans and leases to deposits
  • 75.90%Net loans and leases to core deposits
  • 87.31%Equity capital to assets
  • 3.33%Core capital (leverage) ratio
  • 3.34%Tier 1 risk-based capital ratio
  • 4.84%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $196,959Average earning assets
  • $8,353Average equity
  • $185,156Average loans

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