FDIC Certificate #: 57110 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Umpqua Bank (#17266) Federal Reserve ID: 3077629 Date Established: December 27, 2001 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 357935 Numeric code: 21 Regulator: FDIC 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: December 27, 2001 Last Structure Change Effective Date: June 18, 2010 Last Structure Change Process Date: June 21, 2010 Last Data Update: June 21, 2010 Data Source Date: April 05, 2012
Location
Address: 9990 Double R. Blvd., Reno, NV 89521 County: Washoe Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Phoenix Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Reno, NV (#6720) Combined Statistical Area (CSA): Reno-Sparks-Fernley, NV (#456) Core Based Statistical Area (CBSA): Reno-Sparks, NV (#39900) CBSA Metro Statistical Area: Reno-Sparks, NV (#39900)
Financial Summary
Total assets: $492.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
Dollar figures in thousands
76Total employees (full-time equivalent)
$495,141Total assets
$36,797Cash and due from depository institutions
$32,343Interest-bearing balances
$77,159Securities
$0Federal funds sold & reverse repurchase agreements
$343,569Net loans & leases
$13,144Loan loss allowance
$0Trading account assets
$4,410Bank premises and fixed assets
$24,489Other real estate owned
$1,372Goodwill and other intangibles
$0Life insurance assets
$7,345All other assets
$495,141Total liabilities and capital
$481,631Total liabilities
$480,766Total deposits
$440,548Interest-bearing deposits
$480,766Deposits held in domestic offices
85.66%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$58Other borrowed funds
$0Subordinated debt
$807All other liabilities
$13,510Total equity capital
$13,510Total bank equity capital
$13,510Perpetual preferred stock
$0Common stock
$14Surplus
$66,971Undivided profits
Memoranda
$-53,475Noncurrent loans and leases
$15,124Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$55,177Earning assets
$304Long-term assets (5+ years)
$1,836Average Assets, year-to-date
$453,071Average Assets, quarterly
$115,993Volatile liabilities
$548,635Insider loans
$516,643FHLB advances
$191,563Loans and leases held for sale
$4,297Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,124Total unused commitments
$20,047Restructured Loans and leases
$4,956Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$26,772Total interest income
$14,539Total interest expense
$12,233Net interest income
$25,734Provision for loan and lease losses
$3,487Total noninterest income
$0Fiduciary activities
$513Service charges on deposit accounts
$0Trading account gains & fees
$2,974Additional noninterest income
$23,590Total noninterest expense
$6,912Salaries and employee benefits
$2,230Premises and equipment expense
$14,448Additional noninterest expense
-$33,604Pre-tax net operating income
-$4Securities gains (losses)
$6,808Applicable income taxes
-$40,416Income before extraordinary items
$0Extraordinary gains - net
-$40,416Net income attributable to bank
$0Net charge-offs
-$40,416Cash dividends
$20,651Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.36%Yield on earning assets
2.91%Cost of funding earning assets
2.45%Net interest margin
0.70%Noninterest income to earning assets
4.73%Noninterest expense to earning assets
-7.37%Net operating income to assets
-7.37%Return on assets (ROA)
-6.13%Pretax return on assets
-114.33%Return on equity (ROE)
-114.33%Retained earnings to average equity (YTD only)
5.11%Net charge-offs to loans
124.61%Credit loss provision to net charge-offs
-0.38%Efficiency ratio
132,684Assets per employee
6.52%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.68%Loss allowance to noncurrent loans
23.82%Noncurrent assets plus other real estate owned to assets
16.09%Noncurrent loans to loans
15.47%Net loans and leases to deposits
71.46%Net loans and leases to core deposits
118.80%Equity capital to assets
2.73%Core capital (leverage) ratio
2.28%Tier 1 risk-based capital ratio
3.10%Total risk-based capital ratio
Memoranda
$4Average assets
$548,635Average earning assets
$35,350Average equity
$499,201Average loans
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