FDIC Certificate #: 25050 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:The Bank of East Asia (USA), National Association (#24387) Federal Reserve ID: 255462 Date Established: Febuary 08, 1984 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) OTS Docket #: 9270 FDIC's unique #: 17336 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: Febuary 08, 1984 Last Structure Change Effective Date: May 19, 2006 Last Structure Change Process Date: May 30, 2006 Last Data Update: May 30, 2006 Data Source Date: April 05, 2012
Location
Address: 520 Montgomery Street, San Francisco, CA 94111 County: San Francisco 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: $90.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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)
$89,232Total assets
$9,671Cash and due from depository institutions
$8,220Interest-bearing balances
$17,967Securities
$11,300Federal funds sold & reverse repurchase agreements
$48,437Net loans & leases
$776Loan loss allowance
$0Trading account assets
$257Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,600All other assets
$89,232Total liabilities and capital
$78,606Total liabilities
$66,567Total deposits
$61,046Interest-bearing deposits
$66,567Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$10,787Other borrowed funds
$0Subordinated debt
$1,252All other liabilities
$10,626Total equity capital
$10,626Total bank equity capital
$10,626Perpetual preferred stock
$0Common stock
$2,000Surplus
$6,600Undivided profits
Memoranda
$2,026Noncurrent loans and leases
$1,438Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$484Average Assets, year-to-date
$85,924Average Assets, quarterly
$0Volatile liabilities
$85,003Insider loans
$87,659FHLB advances
$18,384Loans and leases held for sale
$483Unused loan commitments
$10,787Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,438Total unused commitments
$756Restructured Loans and leases
$731Derivatives
Income and Expense (December 31, 2005)
Dollar figures in thousands
$4,689Total interest income
$1,764Total interest expense
$2,925Net interest income
-$22Provision for loan and lease losses
$53Total noninterest income
$0Fiduciary activities
$24Service charges on deposit accounts
$0Trading account gains & fees
$29Additional noninterest income
$2,173Total noninterest expense
$1,355Salaries and employee benefits
$420Premises and equipment expense
$398Additional noninterest expense
$827Pre-tax net operating income
$0Securities gains (losses)
$339Applicable income taxes
$488Income before extraordinary items
$0Extraordinary gains - net
$488Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$178Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2005)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.69%Yield on earning assets
2.14%Cost of funding earning assets
3.55%Net interest margin
0.06%Noninterest income to earning assets
2.64%Noninterest expense to earning assets
0.57%Net operating income to assets
0.57%Return on assets (ROA)
0.97%Pretax return on assets
4.72%Return on equity (ROE)
4.72%Retained earnings to average equity (YTD only)
0.35%Net charge-offs to loans
-12.36%Credit loss provision to net charge-offs
4.52%Efficiency ratio
72,968Assets per employee
3.88%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.58%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
72.76%Net loans and leases to core deposits
98.60%Equity capital to assets
11.91%Core capital (leverage) ratio
11.84%Tier 1 risk-based capital ratio
18.19%Total risk-based capital ratio
Memoranda
$19Average assets
$85,003Average earning assets
$10,336Average equity
$82,393Average loans
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