Novato National Bank in Novato, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 16, 1995

  • Novato National Bank in Novato, California (CA)
  • Show street view No street view available for this location

Novato National Bank - Overview

  • General
  • FDIC Certificate #: 26234
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Westamerica Bank (#3430)
    Federal Reserve ID: 588562
    Date Established: April 01, 1985
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 32571
    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: April 01, 1985
    Last Structure Change Effective Date: September 16, 1995
    Last Structure Change Process Date: October 27, 1995
    Last Data Update: October 27, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1525 Grant Avenue, Novato, CA 94945
    County: Marin
    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: $88.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $67Total assets
  • $108,511Cash and due from depository institutions
  • $12,965Interest-bearing balances
  • $3,563Securities
  • $27,019Federal funds sold & reverse repurchase agreements
  • $12,036Net loans & leases
  • $51,955Loan loss allowance
  • $1,157Trading account assets
  • $0Bank premises and fixed assets
  • $2,626Other real estate owned
  • $0Goodwill and other intangibles
  • $1,910Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $108,511Total liabilities
  • $98,969Total deposits
  • $97,588Interest-bearing deposits
  • $78,030Deposits held in domestic offices
  • 97588.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $703Subordinated debt
  • $0All other liabilities
  • $678Total equity capital
  • $678Total bank equity capital
  • $9,542Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $2,000Undivided profits
  • Memoranda
  • $5,542Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $984Income earned, not collected on loans
  • $329Earning assets
  • $94,573Long-term assets (5+ years)
  • $2,719Average Assets, year-to-date
  • $113,929Average Assets, quarterly
  • $107,984Volatile liabilities
  • $15,229Insider loans
  • $1,946FHLB advances
  • $0Loans and leases held for sale
  • $1,136Unused loan commitments
  • $15,801Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,542Total risk weighted assets
  • $67,641Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,056Total interest expense
  • $2,320Net interest income
  • $4,736Provision for loan and lease losses
  • $140Total noninterest income
  • $4,295Fiduciary activities
  • $0Service charges on deposit accounts
  • $388Trading account gains & fees
  • $0Additional noninterest income
  • $3,907Total noninterest expense
  • $8,504Salaries and employee benefits
  • $3,459Premises and equipment expense
  • $1,570Additional noninterest expense
  • $3,475Pre-tax net operating income
  • $387Securities gains (losses)
  • $0Applicable income taxes
  • $151Income before extraordinary items
  • $236Extraordinary gains - net
  • $0Net income attributable to bank
  • $236Net charge-offs
  • $162Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.97%Cost of funding earning assets
  • 2.29%Net interest margin
  • 4.68%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 8.40%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.21%Pretax return on assets
  • 0.34%Return on equity (ROE)
  • 2.49%Retained earnings to average equity (YTD only)
  • 2.49%Net charge-offs to loans
  • 0.31%Credit loss provision to net charge-offs
  • 86.42%Efficiency ratio
  • 94,165Assets per employee
  • 1.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 117.58%Noncurrent assets plus other real estate owned to assets
  • 0.91%Noncurrent loans to loans
  • 1.85%Net loans and leases to deposits
  • 53.24%Net loans and leases to core deposits
  • 62.55%Equity capital to assets
  • 8.79%Core capital (leverage) ratio
  • 8.99%Tier 1 risk-based capital ratio
  • 14.11%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $113,929Average earning assets
  • $9,475Average equity
  • $101,233Average loans

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