FDIC Certificate #: 58148 Status: Active Federal Reserve ID: 3407084 Date Established: January 26, 2006 Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 440523 Numeric code: 23 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: January 26, 2006 Last Structure Change Effective Date: December 03, 2008 Last Structure Change Process Date: December 03, 2008 Last Data Update: December 03, 2008 Data Source Date: April 05, 2012
Location
Address: 1375 Deer Valley Drive, Suite 218, Park City, UT 84060 County: Summit Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620) CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
History of Changes
Corrections
Financial Summary
Total assets: $67.3 mil Equity capital: $11.4 mil Deposits held in domestic offices: $52.3 mil Return on assets (ROA): 3.47% ($2.3 mil) Quarterly return on assets: 3.59% ($2.4 mil) Return on Equity (ROE): 24.56% ($2.7 mil) Quarterly return on equity: 21.74% ($2.4 mil) Net income: $2.2 mil Quarterly Net income: $0.6 mil Pretax return on assets: 5.59% ($3,764.5 mil) Quarterly Pretax return on assets: 5.77% ($3,885.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
7Total employees (full-time equivalent)
$67,343Total assets
$538Cash and due from depository institutions
$0Interest-bearing balances
$488Securities
$3,304Federal funds sold & reverse repurchase agreements
$62,721Net loans & leases
$1,771Loan loss allowance
$0Trading account assets
$7Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$67,343Life insurance assets
$285All other assets
$55,992Total liabilities and capital
$52,339Total liabilities
$51,946Total deposits
$52,339Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$452Trading liabilities
$0Other borrowed funds
$3,201Subordinated debt
$11,351All other liabilities
$11,351Total equity capital
$11,351Total bank equity capital
$2,727Perpetual preferred stock
$1Common stock
$4,999Surplus
$3,624Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$27Income earned, not collected on loans
$0Earning assets
$12Long-term assets (5+ years)
$66,513Average Assets, year-to-date
$2,602Average Assets, quarterly
$64,170Volatile liabilities
$67,772Insider loans
$64,867FHLB advances
$68,241Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,351Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$165Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$8,190Total interest income
$1,117Total interest expense
$7,073Net interest income
$389Provision for loan and lease losses
$223Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$223Additional noninterest income
$3,318Total noninterest expense
$373Salaries and employee benefits
$42Premises and equipment expense
$2,903Additional noninterest expense
$3,589Pre-tax net operating income
$0Securities gains (losses)
$1,362Applicable income taxes
$2,227Income before extraordinary items
$0Extraordinary gains - net
$2,227Net income attributable to bank
$0Net charge-offs
$2,227Cash dividends
$344Sale, conversion, retirement of capital stock, net
$793Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
12.95%Yield on earning assets
1.77%Cost of funding earning assets
11.18%Net interest margin
0.35%Noninterest income to earning assets
5.25%Noninterest expense to earning assets
3.47%Net operating income to assets
3.47%Return on assets (ROA)
5.59%Pretax return on assets
24.56%Return on equity (ROE)
15.82%Retained earnings to average equity (YTD only)
0.57%Net charge-offs to loans
113.08%Credit loss provision to net charge-offs
11.56%Efficiency ratio
45,477Assets per employee
9.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
35.61%Loss allowance to loans
2.75%Loss allowance to noncurrent loans
6559.26%Noncurrent assets plus other real estate owned to assets
0.04%Noncurrent loans to loans
0.04%Net loans and leases to deposits
119.84%Net loans and leases to core deposits
14158.24%Equity capital to assets
16.86%Core capital (leverage) ratio
16.63%Tier 1 risk-based capital ratio
17.50%Total risk-based capital ratio
Memoranda
$19Average assets
$64,170Average earning assets
$9,066Average equity
$63,258Average loans
List of branches
1 Utah Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
440523
Lca Bank Corporation
1375 Deer Valley Drive, Suite 218, Park City, UT 84060
January 26, 2006
Full Service Brick and Mortar
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