North County Bank in Escondido, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 18, 2000

  • North County Bank in Escondido, California (CA)
  • Show street view No street view available for this location

North County Bank - Overview

  • General
  • FDIC Certificate #: 21621
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Wells Fargo Bank, National Association (#3511)
    Federal Reserve ID: 172961
    Date Established: June 10, 1974
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Interstate: No)
    OTS Docket #: 14090
    FDIC's unique #: 14955
    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: June 10, 1974
    Last Structure Change Effective Date: August 18, 2000
    Last Structure Change Process Date: September 22, 2000
    Last Data Update: September 22, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 444 South Escondido Boulevard, Escondido, CA 92025
    County: San Diego
    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): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • Financial Summary
  • Total assets: $403.3 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 212Total employees (full-time equivalent)
  • $351,303Total assets
  • $32,831Cash and due from depository institutions
  • $0Interest-bearing balances
  • $31,791Securities
  • $10,400Federal funds sold & reverse repurchase agreements
  • $261,001Net loans & leases
  • $3,442Loan loss allowance
  • $0Trading account assets
  • $10,231Bank premises and fixed assets
  • $94Other real estate owned
  • $194Goodwill and other intangibles
  • $0Life insurance assets
  • $4,761All other assets
  • $351,303Total liabilities and capital
  • $317,220Total liabilities
  • $298,300Total deposits
  • $191,113Interest-bearing deposits
  • $298,300Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $1,200Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $15,620Other borrowed funds
  • $0Subordinated debt
  • $2,100All other liabilities
  • $34,083Total equity capital
  • $34,083Total bank equity capital
  • $34,083Perpetual preferred stock
  • $2,993Common stock
  • $2,228Surplus
  • $2,717Undivided profits
  • Memoranda
  • $26,145Noncurrent loans and leases
  • $83,943Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,218Earning assets
  • $3,929Long-term assets (5+ years)
  • $1,573Average Assets, year-to-date
  • $303,192Average Assets, quarterly
  • $40,072Volatile liabilities
  • $344,605Insider loans
  • $345,027FHLB advances
  • $29,947Loans and leases held for sale
  • $3,416Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $83,943Total unused commitments
  • $2,657Restructured Loans and leases
  • $3,442Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $27,008Total interest income
  • $6,026Total interest expense
  • $20,982Net interest income
  • $270Provision for loan and lease losses
  • $6,276Total noninterest income
  • $0Fiduciary activities
  • $3,848Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,428Additional noninterest income
  • $18,797Total noninterest expense
  • $10,923Salaries and employee benefits
  • $4,170Premises and equipment expense
  • $3,704Additional noninterest expense
  • $8,191Pre-tax net operating income
  • $0Securities gains (losses)
  • $3,403Applicable income taxes
  • $4,788Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,788Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $420Sale, conversion, retirement of capital stock, net
  • $270Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.96%Yield on earning assets
  • 2.00%Cost of funding earning assets
  • 6.96%Net interest margin
  • 2.08%Noninterest income to earning assets
  • 6.24%Noninterest expense to earning assets
  • 1.39%Net operating income to assets
  • 1.39%Return on assets (ROA)
  • 2.38%Pretax return on assets
  • 15.07%Return on equity (ROE)
  • 14.22%Retained earnings to average equity (YTD only)
  • 0.17%Net charge-offs to loans
  • 64.29%Credit loss provision to net charge-offs
  • 20.15%Efficiency ratio
  • 68,732Assets per employee
  • 1.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.64%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 65.96%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 1.97%Net loans and leases to deposits
  • 87.50%Net loans and leases to core deposits
  • 91.52%Equity capital to assets
  • 9.70%Core capital (leverage) ratio
  • 9.91%Tier 1 risk-based capital ratio
  • 10.67%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $344,605Average earning assets
  • $31,772Average equity
  • $301,435Average loans
1
Kristy J Minnett
⚠
May 29, 2023 @ 8:20 pm
Does anyone have access to the TV commercials from North County Bank (Escondido) before it was acquired by Well Fargo?

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