FDIC Certificate #: 24675 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pacific Western Bank (#24045) Federal Reserve ID: 965163 Date Established: August 29, 1983 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 17130 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: August 29, 1983 Last Structure Change Effective Date: August 23, 2002 Last Structure Change Process Date: September 12, 2002 Last Data Update: September 12, 2002 Data Source Date: April 05, 2012
Location
Address: 11444 West Olympic Boulevard, Suite 900, Los Angeles, CA 90064 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) 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)
Financial Summary
Total assets: $110.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)
Dollar figures in thousands
36Total employees (full-time equivalent)
$102,320Total assets
$4,291Cash and due from depository institutions
$0Interest-bearing balances
$29,286Securities
$2,905Federal funds sold & reverse repurchase agreements
$59,906Net loans & leases
$1,082Loan loss allowance
$0Trading account assets
$231Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$5,701All other assets
$102,320Total liabilities and capital
$90,551Total liabilities
$89,652Total deposits
$61,788Interest-bearing deposits
$89,652Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$899All other liabilities
$11,769Total equity capital
$11,769Total bank equity capital
$11,769Perpetual preferred stock
$0Common stock
$3,000Surplus
$8,501Undivided profits
Memoranda
$268Noncurrent loans and leases
$34,600Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,221Earning assets
$22Long-term assets (5+ years)
$673Average Assets, year-to-date
$92,097Average Assets, quarterly
$8,991Volatile liabilities
$98,568Insider loans
$104,744FHLB advances
$13,111Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$34,600Total unused commitments
$0Restructured Loans and leases
$1,037Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$6,877Total interest income
$2,058Total interest expense
$4,819Net interest income
$45Provision for loan and lease losses
$708Total noninterest income
$0Fiduciary activities
$386Service charges on deposit accounts
$0Trading account gains & fees
$322Additional noninterest income
$4,372Total noninterest expense
$2,228Salaries and employee benefits
$664Premises and equipment expense
$1,480Additional noninterest expense
$1,110Pre-tax net operating income
$0Securities gains (losses)
$37Applicable income taxes
$1,073Income before extraordinary items
$0Extraordinary gains - net
$1,073Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$29Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.78%Yield on earning assets
2.33%Cost of funding earning assets
5.45%Net interest margin
0.80%Noninterest income to earning assets
4.95%Noninterest expense to earning assets
1.09%Net operating income to assets
1.09%Return on assets (ROA)
1.13%Pretax return on assets
9.65%Return on equity (ROE)
9.65%Retained earnings to average equity (YTD only)
0.05%Net charge-offs to loans
155.17%Credit loss provision to net charge-offs
39.83%Efficiency ratio
79,103Assets per employee
2.84%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.77%Loss allowance to noncurrent loans
88.62%Noncurrent assets plus other real estate owned to assets
1.19%Noncurrent loans to loans
2.00%Net loans and leases to deposits
66.82%Net loans and leases to core deposits
78.27%Equity capital to assets
11.50%Core capital (leverage) ratio
10.74%Tier 1 risk-based capital ratio
13.91%Total risk-based capital ratio
Memoranda
$15Average assets
$98,568Average earning assets
$11,118Average equity
$88,372Average loans
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