FDIC Certificate #: 23756 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Tri Counties Bank (#21943) Federal Reserve ID: 689665 Date Established: March 15, 1982 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 #: 13777 FDIC's unique #: 16607 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: March 15, 1982 Last Structure Change Effective Date: April 04, 2003 Last Structure Change Process Date: May 07, 2003 Last Data Update: May 07, 2003 Data Source Date: April 05, 2012
Location
Address: 525 Salem Street, Chico, CA 95926 County: Butte Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Chico-Paradise, CA (#1620) Core Based Statistical Area (CBSA): Chico, CA (#17020) CBSA Metro Statistical Area: Chico, CA (#17020)
Financial Summary
Total assets: $141.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
35Total employees (full-time equivalent)
$144,291Total assets
$7,526Cash and due from depository institutions
$479Interest-bearing balances
$48,755Securities
$3,215Federal funds sold & reverse repurchase agreements
$81,778Net loans & leases
$935Loan loss allowance
$0Trading account assets
$1,389Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,628All other assets
$144,291Total liabilities and capital
$130,244Total liabilities
$129,877Total deposits
$104,098Interest-bearing deposits
$129,877Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$367All other liabilities
$14,047Total equity capital
$14,047Total bank equity capital
$14,047Perpetual preferred stock
$0Common stock
$3,067Surplus
$4,244Undivided profits
Memoranda
$6,736Noncurrent loans and leases
$19,659Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9Earning assets
$0Long-term assets (5+ years)
$705Average Assets, year-to-date
$134,227Average Assets, quarterly
$48,739Volatile liabilities
$138,825Insider loans
$142,489FHLB advances
$20,352Loans and leases held for sale
$4,910Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$19,659Total unused commitments
$0Restructured Loans and leases
$935Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$7,857Total interest income
$2,008Total interest expense
$5,849Net interest income
$0Provision for loan and lease losses
$512Total noninterest income
$0Fiduciary activities
$309Service charges on deposit accounts
$0Trading account gains & fees
$203Additional noninterest income
$2,924Total noninterest expense
$1,529Salaries and employee benefits
$461Premises and equipment expense
$934Additional noninterest expense
$3,437Pre-tax net operating income
$55Securities gains (losses)
$1,459Applicable income taxes
$2,033Income before extraordinary items
$0Extraordinary gains - net
$2,033Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$50Sale, conversion, retirement of capital stock, net
$490Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.07%Yield on earning assets
1.55%Cost of funding earning assets
4.52%Net interest margin
0.40%Noninterest income to earning assets
2.26%Noninterest expense to earning assets
1.44%Net operating income to assets
1.46%Return on assets (ROA)
2.52%Pretax return on assets
15.50%Return on equity (ROE)
11.76%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
68.74%Efficiency ratio
45,968Assets per employee
4.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
24.10%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
10388.89%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.01%Net loans and leases to deposits
62.97%Net loans and leases to core deposits
74.67%Equity capital to assets
9.74%Core capital (leverage) ratio
9.38%Tier 1 risk-based capital ratio
14.14%Total risk-based capital ratio
Memoranda
$15Average assets
$138,825Average earning assets
$13,117Average equity
$129,425Average loans
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