Hemet Federal Savings and Loan Association - Overview
General
FDIC Certificate #: 28795 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Guaranty Bank (#32618) Federal Reserve ID: 163875 Date Established: January 01, 1920 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 2383 FDIC's unique #: 41629 Numeric code: 37 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: January 17, 1938 Last Structure Change Effective Date: June 30, 1999 Last Structure Change Process Date: August 11, 1999 Last Data Update: August 11, 1999 Data Source Date: April 05, 2012
Location
Address: 445 East Florida Ave, Hemet, CA 92543 County: Riverside Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Dallas FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Riverside-San Bernardino, CA (#6780) 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): Riverside-San Bernardino-Ontario, CA (#40140) CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
Financial Summary
Total assets: $1,019.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
260Total employees (full-time equivalent)
$1,017,136Total assets
$19,768Cash and due from depository institutions
$26Interest-bearing balances
$345,930Securities
$0Federal funds sold & reverse repurchase agreements
$616,661Net loans & leases
$4,968Loan loss allowance
$0Trading account assets
$6,386Bank premises and fixed assets
$991Other real estate owned
$10,941Goodwill and other intangibles
$0Life insurance assets
$16,459All other assets
$1,017,137Total liabilities and capital
$942,664Total liabilities
$889,242Total deposits
$838,363Interest-bearing deposits
$889,242Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$47,765Other borrowed funds
$0Subordinated debt
$5,657All other liabilities
$74,473Total equity capital
$74,473Total bank equity capital
$74,473Perpetual preferred stock
$0Common stock
$1Surplus
$39,264Undivided profits
Memoranda
$35,208Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6,370Earning assets
$0Long-term assets (5+ years)
$3,189Average Assets, year-to-date
$962,617Average Assets, quarterly
$0Volatile liabilities
$1,045,850Insider loans
$1,035,509FHLB advances
$191,901Loans and leases held for sale
$6Unused loan commitments
$45,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$47,652Total unused commitments
$0Restructured Loans and leases
$452,728Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$72,055Total interest income
$46,672Total interest expense
$25,383Net interest income
$4,566Provision for loan and lease losses
$5,142Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$5,142Additional noninterest income
$27,752Total noninterest expense
$11,403Salaries and employee benefits
$5,137Premises and equipment expense
$11,212Additional noninterest expense
-$1,793Pre-tax net operating income
$537Securities gains (losses)
-$548Applicable income taxes
-$708Income before extraordinary items
$0Extraordinary gains - net
-$708Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$2,064Sale, conversion, retirement of capital stock, net
$5Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.30%Yield on earning assets
4.73%Cost of funding earning assets
2.57%Net interest margin
0.52%Noninterest income to earning assets
2.81%Noninterest expense to earning assets
-0.10%Net operating income to assets
-0.07%Return on assets (ROA)
-0.12%Pretax return on assets
-0.95%Return on equity (ROE)
-0.96%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
221.22%Credit loss provision to net charge-offs
1.34%Efficiency ratio
83,207Assets per employee
3.91%Cash dividends to net income (YTD only)
Condition Ratios (%)
-0.71%Loss allowance to loans
0.80%Loss allowance to noncurrent loans
77.99%Noncurrent assets plus other real estate owned to assets
0.72%Noncurrent loans to loans
1.02%Net loans and leases to deposits
69.35%Net loans and leases to core deposits
82.76%Equity capital to assets
7.32%Core capital (leverage) ratio
6.59%Tier 1 risk-based capital ratio
14.65%Total risk-based capital ratio
Memoranda
$16Average assets
$1,045,850Average earning assets
$74,437Average equity
$987,348Average loans
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