FDIC Certificate #: 32720 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Business Bank of California (#25070) Federal Reserve ID: 1416082 Date Established: December 08, 1989 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 6 (Interstate: No) OTS Docket #: 10216 FDIC's unique #: 45583 Numeric code: 13 Regulator: FED Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: December 08, 1989 Last Structure Change Effective Date: January 01, 2002 Last Structure Change Process Date: January 29, 2002 Last Data Update: January 29, 2002 Data Source Date: April 05, 2012
Location
Address: 1248 Fifth Avenue, San Rafael, CA 94901 County: Marin Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Francisco, CA (#7360) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860) CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860) Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
Financial Summary
Total assets: $229.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
59Total employees (full-time equivalent)
$229,854Total assets
$16,657Cash and due from depository institutions
$0Interest-bearing balances
$27,219Securities
$0Federal funds sold & reverse repurchase agreements
$180,201Net loans & leases
$2,436Loan loss allowance
$0Trading account assets
$3,223Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,554All other assets
$229,854Total liabilities and capital
$213,209Total liabilities
$210,980Total deposits
$157,615Interest-bearing deposits
$210,980Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$600Other borrowed funds
$0Subordinated debt
$1,629All other liabilities
$16,645Total equity capital
$16,645Total bank equity capital
$16,645Perpetual preferred stock
$0Common stock
$4,021Surplus
$5,040Undivided profits
Memoranda
$7,584Noncurrent loans and leases
$39,454Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$44Earning assets
$0Long-term assets (5+ years)
$809Average Assets, year-to-date
$207,420Average Assets, quarterly
$10,010Volatile liabilities
$221,594Insider loans
$228,173FHLB advances
$24,511Loans and leases held for sale
$2,021Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$39,454Total unused commitments
$0Restructured Loans and leases
$2,304Derivatives
Income and Expense (December 31, 2001)
Dollar figures in thousands
$17,699Total interest income
$4,992Total interest expense
$12,707Net interest income
$500Provision for loan and lease losses
$997Total noninterest income
$0Fiduciary activities
$543Service charges on deposit accounts
$0Trading account gains & fees
$454Additional noninterest income
$8,753Total noninterest expense
$4,590Salaries and employee benefits
$1,541Premises and equipment expense
$2,622Additional noninterest expense
$4,451Pre-tax net operating income
$707Securities gains (losses)
$2,148Applicable income taxes
$3,010Income before extraordinary items
$0Extraordinary gains - net
$3,010Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$3Sale, conversion, retirement of capital stock, net
$2,800Net operating income
Performance and Condition Ratios (December 31, 2001)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.87%Yield on earning assets
2.50%Cost of funding earning assets
6.37%Net interest margin
0.50%Noninterest income to earning assets
4.39%Noninterest expense to earning assets
1.15%Net operating income to assets
1.36%Return on assets (ROA)
2.33%Pretax return on assets
18.04%Return on equity (ROE)
1.26%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
16666.67%Credit loss provision to net charge-offs
1650.33%Efficiency ratio
63,872Assets per employee
3.90%Cash dividends to net income (YTD only)
Condition Ratios (%)
93.02%Loss allowance to loans
1.33%Loss allowance to noncurrent loans
5536.36%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.02%Net loans and leases to deposits
85.41%Net loans and leases to core deposits
96.33%Equity capital to assets
7.24%Core capital (leverage) ratio
6.99%Tier 1 risk-based capital ratio
8.86%Total risk-based capital ratio
Memoranda
$10Average assets
$221,594Average earning assets
$16,681Average equity
$199,508Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Metro Commerce Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: