Kaiser Federal Bank in Covina, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Kaiser Federal Bank in Covina, California (CA)
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Kaiser Federal Bank - Overview

  • General
  • FDIC Certificate #: 35448
    Status: Active
    Federal Reserve ID: 109686
    Date Established: November 11, 1953
    WWW: http://www.kaiserfederal.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 9 (Domestic: 9, Interstate: No)
    OTS Docket #: 15954
    FDIC's unique #: 80226
    Numeric code: 37
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: November 01, 1999
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1359 N. Grand Avenue, Covina, CA 91724
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $931.9 mil
    Equity capital: $124.1 mil
    Deposits held in domestic offices: $697.1 mil
    Return on assets (ROA): 1.00% ($9.3 mil)
    Quarterly return on assets: 0.91% ($8.5 mil)
    Return on Equity (ROE): 7.48% ($9.3 mil)
    Quarterly return on equity: 6.85% ($8.5 mil)
    Net income: $8.9 mil
    Quarterly Net income: $2.1 mil
    Pretax return on assets: 1.56% ($14,538.0 mil)
    Quarterly Pretax return on assets: 1.47% ($13,699.3 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, 2011)

  • Dollar figures in thousands
  • 127Total employees (full-time equivalent)
  • $931,924Total assets
  • $13,994Cash and due from depository institutions
  • $4,493Interest-bearing balances
  • $64,027Securities
  • $121,625Federal funds sold & reverse repurchase agreements
  • $692,319Net loans & leases
  • $8,193Loan loss allowance
  • $0Trading account assets
  • $2,843Bank premises and fixed assets
  • $610Other real estate owned
  • $3,974Goodwill and other intangibles
  • $931,924Life insurance assets
  • $32,532All other assets
  • $807,780Total liabilities and capital
  • $697,146Total liabilities
  • $620,965Total deposits
  • $697,146Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $105,124Trading liabilities
  • $0Other borrowed funds
  • $5,510Subordinated debt
  • $124,144All other liabilities
  • $124,144Total equity capital
  • $124,144Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $61,810Surplus
  • $62,334Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $25,117Income earned, not collected on loans
  • $0Earning assets
  • $2,828Long-term assets (5+ years)
  • $882,464Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $896,558Volatile liabilities
  • $922,888Insider loans
  • $562,430FHLB advances
  • $928,815Loans and leases held for sale
  • $13,100Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $121,035Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $17,623Restructured Loans and leases
  • $2,122Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $41,841Total interest income
  • $12,077Total interest expense
  • $29,764Net interest income
  • $0Provision for loan and lease losses
  • $4,277Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,277Additional noninterest income
  • $20,044Total noninterest expense
  • $10,428Salaries and employee benefits
  • $2,747Premises and equipment expense
  • $6,869Additional noninterest expense
  • $13,997Pre-tax net operating income
  • $0Securities gains (losses)
  • $5,062Applicable income taxes
  • $8,935Income before extraordinary items
  • $0Extraordinary gains - net
  • $8,935Net income attributable to bank
  • $0Net charge-offs
  • $8,935Cash dividends
  • -$730Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.94%Yield on earning assets
  • 1.43%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.51%Noninterest income to earning assets
  • 2.37%Noninterest expense to earning assets
  • 1.00%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 7.48%Return on equity (ROE)
  • 7.48%Retained earnings to average equity (YTD only)
  • -0.10%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 58,776Assets per employee
  • 7.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.17%Loss allowance to noncurrent loans
  • 32.62%Noncurrent assets plus other real estate owned to assets
  • 2.76%Noncurrent loans to loans
  • 3.59%Net loans and leases to deposits
  • 99.31%Net loans and leases to core deposits
  • 105.35%Equity capital to assets
  • 13.32%Core capital (leverage) ratio
  • 13.03%Tier 1 risk-based capital ratio
  • 21.52%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $896,558Average earning assets
  • $119,499Average equity
  • $846,649Average loans

List of branches

  • 9 California Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    080226Kaiser Federal Bank1359 N. Grand Avenue, Covina, CA 91724November 11, 1953Full Service Brick and Mortar
    1290917Northern California Branch3375 Scott Boulevard, Suite 312, Santa Clara, CA 95054August 01, 1984Full Service Brick and Mortar
    2365564Sierra Avenue Branch9714 Sierra Avenue, Fontana, CA 92335November 01, 2001Full Service Brick and Mortar
    4276723Panorama City Branch8501 Van Nuys Boulevard, Panorama City, CA 91402April 20, 1936Full Service Brick and Mortar
    5495363Pasadena Branch252 S Lake Ave., Pasadena, CA 91101May 30, 2006Full Service Brick and Mortar
    6495364Bellflower Branch10104 Rosecrans Ave., Bellflower, CA 90706March 20, 2006Full Service Brick and Mortar
    7495365Harbor City Branch26640 Western Ave. Ste. N, Harbor City, CA 90710April 24, 2006Full Service Brick and Mortar
    8495366Los Angeles Branch1118 N Vermont Ave., Los Angeles, CA 90029July 24, 2006Full Service Brick and Mortar
    9495367Riverside Branch11810 Pierce St., Riverside, CA 92505September 25, 2006Full Service Brick and Mortar

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