National Bank of Southern California in Newport Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 16, 1997

  • National Bank of Southern California in Newport Beach, California (CA)
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National Bank of Southern California - Overview

  • General
  • FDIC Certificate #: 24314
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Southern California Bank (#19028)
    Federal Reserve ID: 163763
    Date Established: January 10, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    OTS Docket #: 9675
    FDIC's unique #: 16915
    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: January 10, 1983
    Last Structure Change Effective Date: December 16, 1997
    Last Structure Change Process Date: December 30, 1997
    Last Data Update: December 30, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 4100 Newport Place, Newport Beach, CA 92660
    County: Orange
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Orange County, CA (#5945)
    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: Santa Ana-Anaheim-Irvine, CA (#42044)
  • Financial Summary
  • Total assets: $449.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $156Total assets
  • $351,110Cash and due from depository institutions
  • $28,849Interest-bearing balances
  • $0Securities
  • $91,504Federal funds sold & reverse repurchase agreements
  • $14,500Net loans & leases
  • $204,650Loan loss allowance
  • $5,417Trading account assets
  • $0Bank premises and fixed assets
  • $1,435Other real estate owned
  • $2,574Goodwill and other intangibles
  • $7,598Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $351,110Total liabilities
  • $324,930Total deposits
  • $319,532Interest-bearing deposits
  • $173,176Deposits held in domestic offices
  • 319532.00%% insured (estimated)
  • $59Federal funds purchased & repurchase agreements
  • $700Trading liabilities
  • $0Other borrowed funds
  • $583Subordinated debt
  • $0All other liabilities
  • $4,115Total equity capital
  • $4,115Total bank equity capital
  • $26,180Perpetual preferred stock
  • $0Common stock
  • $2,250Surplus
  • $12,551Undivided profits
  • Memoranda
  • $11,379Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,994Income earned, not collected on loans
  • $1,287Earning assets
  • $310,654Long-term assets (5+ years)
  • $16,100Average Assets, year-to-date
  • $344,515Average Assets, quarterly
  • $350,200Volatile liabilities
  • $33,024Insider loans
  • $1,750FHLB advances
  • $0Loans and leases held for sale
  • $1,234Unused loan commitments
  • $80,729Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $26,303Total risk weighted assets
  • $243,073Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $26,908Total interest expense
  • $6,536Net interest income
  • $20,372Provision for loan and lease losses
  • $1,260Total noninterest income
  • $4,667Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,157Trading account gains & fees
  • $0Additional noninterest income
  • $3,510Total noninterest expense
  • $19,593Salaries and employee benefits
  • $8,546Premises and equipment expense
  • $2,562Additional noninterest expense
  • $8,485Pre-tax net operating income
  • $4,186Securities gains (losses)
  • $0Applicable income taxes
  • $313Income before extraordinary items
  • $3,873Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,873Net charge-offs
  • $2,385Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.80%Cost of funding earning assets
  • 2.14%Net interest margin
  • 6.66%Noninterest income to earning assets
  • 1.53%Noninterest expense to earning assets
  • 6.41%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 1.22%Return on equity (ROE)
  • 16.12%Retained earnings to average equity (YTD only)
  • 16.12%Net charge-offs to loans
  • 1.19%Credit loss provision to net charge-offs
  • 52.83%Efficiency ratio
  • 78,250Assets per employee
  • 2.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.58%Loss allowance to noncurrent loans
  • 135.63%Noncurrent assets plus other real estate owned to assets
  • 1.87%Noncurrent loans to loans
  • 1.90%Net loans and leases to deposits
  • 64.05%Net loans and leases to core deposits
  • 71.25%Equity capital to assets
  • 7.46%Core capital (leverage) ratio
  • 7.43%Tier 1 risk-based capital ratio
  • 10.82%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $344,515Average earning assets
  • $24,031Average equity
  • $305,828Average loans

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