FDIC Certificate #: 25748 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Umpqua Bank (#17266) Federal Reserve ID: 807067 Date Established: November 15, 1984 WWW:http://www.lakecommunitybank.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 17621 Numeric code: 13 Regulator: FED Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 15, 1984 Last Structure Change Effective Date: June 03, 2006 Last Structure Change Process Date: June 08, 2006 Last Data Update: June 08, 2006 Data Source Date: April 05, 2012
Location
Address: 805 Eleventh Street, Lakeport, CA 95453 County: Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Clearlake, CA (#17340) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $103.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2005)
Dollar figures in thousands
23Total employees (full-time equivalent)
$108,644Total assets
$3,203Cash and due from depository institutions
$0Interest-bearing balances
$6,872Securities
$14,020Federal funds sold & reverse repurchase agreements
$78,085Net loans & leases
$1,674Loan loss allowance
$0Trading account assets
$1,956Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$4,508All other assets
$108,644Total liabilities and capital
$97,012Total liabilities
$96,387Total deposits
$88,015Interest-bearing deposits
$96,387Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$625All other liabilities
$11,632Total equity capital
$11,632Total bank equity capital
$11,632Perpetual preferred stock
$0Common stock
$3,671Surplus
$0Undivided profits
Memoranda
$7,961Noncurrent loans and leases
$16,065Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$595Earning assets
$0Long-term assets (5+ years)
$471Average Assets, year-to-date
$98,977Average Assets, quarterly
$21,480Volatile liabilities
$113,181Insider loans
$110,081FHLB advances
$13,812Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$16,065Total unused commitments
$0Restructured Loans and leases
$1,166Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$6,997Total interest income
$1,299Total interest expense
$5,698Net interest income
$0Provision for loan and lease losses
$916Total noninterest income
$0Fiduciary activities
$376Service charges on deposit accounts
$0Trading account gains & fees
$540Additional noninterest income
$2,922Total noninterest expense
$1,405Salaries and employee benefits
$300Premises and equipment expense
$1,217Additional noninterest expense
$3,692Pre-tax net operating income
$0Securities gains (losses)
$1,390Applicable income taxes
$2,302Income before extraordinary items
$0Extraordinary gains - net
$2,302Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$30Sale, conversion, retirement of capital stock, net
$2,000Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.78%Yield on earning assets
1.26%Cost of funding earning assets
5.53%Net interest margin
0.89%Noninterest income to earning assets
2.83%Noninterest expense to earning assets
2.03%Net operating income to assets
2.03%Return on assets (ROA)
3.26%Pretax return on assets
21.10%Return on equity (ROE)
2.77%Retained earnings to average equity (YTD only)
-0.03%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
44,179Assets per employee
4.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
86.88%Loss allowance to loans
2.10%Loss allowance to noncurrent loans
281.34%Noncurrent assets plus other real estate owned to assets
0.55%Noncurrent loans to loans
0.75%Net loans and leases to deposits
81.01%Net loans and leases to core deposits
94.56%Equity capital to assets
10.71%Core capital (leverage) ratio
10.18%Tier 1 risk-based capital ratio
12.46%Total risk-based capital ratio
Memoranda
$14Average assets
$113,181Average earning assets
$10,908Average equity
$103,130Average loans
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