FDIC Certificate #: 24210 Status: Inactive Closing history: Participated in Reorganization Acquiring institution:Pacific Western Bank (#24045) Federal Reserve ID: 844165 Date Established: December 16, 1982 WWW:http://www.harbornatbank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) FDIC's unique #: 16861 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: December 16, 1982 Last Structure Change Effective Date: April 16, 2004 Last Structure Change Process Date: May 17, 2004 Last Data Update: May 17, 2004 Data Source Date: April 05, 2012
Location
Address: 895 Dove Street, Suite 100, Newport Beach, CA 92660 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)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Financial Summary
Total assets: $180.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
50Total employees (full-time equivalent)
$182,630Total assets
$15,361Cash and due from depository institutions
$3,765Interest-bearing balances
$8,966Securities
$36,225Federal funds sold & reverse repurchase agreements
$118,784Net loans & leases
$1,471Loan loss allowance
$0Trading account assets
$1,369Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,925All other assets
$182,630Total liabilities and capital
$168,753Total liabilities
$166,169Total deposits
$106,435Interest-bearing deposits
$166,169Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,000Other borrowed funds
$0Subordinated debt
$584All other liabilities
$13,877Total equity capital
$13,877Total bank equity capital
$13,877Perpetual preferred stock
$0Common stock
$6,136Surplus
$6,923Undivided profits
Memoranda
$818Noncurrent loans and leases
$29,221Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$559Earning assets
$0Long-term assets (5+ years)
$481Average Assets, year-to-date
$167,740Average Assets, quarterly
$71,324Volatile liabilities
$156,933Insider loans
$180,244FHLB advances
$7,431Loans and leases held for sale
$30Unused loan commitments
$2,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$29,221Total unused commitments
$0Restructured Loans and leases
$1,471Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$8,388Total interest income
$1,049Total interest expense
$7,339Net interest income
$405Provision for loan and lease losses
$615Total noninterest income
$0Fiduciary activities
$294Service charges on deposit accounts
$0Trading account gains & fees
$321Additional noninterest income
$5,659Total noninterest expense
$3,236Salaries and employee benefits
$1,012Premises and equipment expense
$1,411Additional noninterest expense
$1,890Pre-tax net operating income
-$7Securities gains (losses)
$772Applicable income taxes
$1,111Income before extraordinary items
$0Extraordinary gains - net
$1,111Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$5Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.87%Yield on earning assets
0.73%Cost of funding earning assets
5.14%Net interest margin
0.43%Noninterest income to earning assets
3.96%Noninterest expense to earning assets
0.71%Net operating income to assets
0.71%Return on assets (ROA)
1.20%Pretax return on assets
8.34%Return on equity (ROE)
8.34%Retained earnings to average equity (YTD only)
-0.00%Net charge-offs to loans
-8100.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
71,147Assets per employee
3.65%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
263.15%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.46%Net loans and leases to deposits
71.48%Net loans and leases to core deposits
74.83%Equity capital to assets
7.60%Core capital (leverage) ratio
7.61%Tier 1 risk-based capital ratio
10.74%Total risk-based capital ratio
Memoranda
$12Average assets
$156,933Average earning assets
$13,319Average equity
$142,818Average loans
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