FDIC Certificate #: 21017 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Mid-State Bank & Trust (#18396) Federal Reserve ID: 537065 Date Established: March 30, 1973 WWW:http://www.ojaibank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 14519 Numeric code: 21 Regulator: FDIC 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: March 30, 1973 Last Structure Change Effective Date: November 01, 2003 Last Structure Change Process Date: November 24, 2003 Last Data Update: November 24, 2003 Data Source Date: April 05, 2012
Location
Address: 1207 Maricopa Road, Ojai, CA 93023 County: Ventura Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Ventura, CA (#8735) 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): Oxnard-Thousand Oaks-Ventura, CA (#37100) CBSA Metro Statistical Area: Oxnard-Thousand Oaks-Ventura, CA (#37100)
Financial Summary
Total assets: $87.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
39Total employees (full-time equivalent)
$82,868Total assets
$6,379Cash and due from depository institutions
$0Interest-bearing balances
$31,818Securities
$8,565Federal funds sold & reverse repurchase agreements
$33,926Net loans & leases
$656Loan loss allowance
$0Trading account assets
$342Bank premises and fixed assets
$378Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,460All other assets
$82,868Total liabilities and capital
$75,288Total liabilities
$75,022Total deposits
$55,357Interest-bearing deposits
$75,022Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$266All other liabilities
$7,580Total equity capital
$7,580Total bank equity capital
$7,580Perpetual preferred stock
$0Common stock
$369Surplus
$1,228Undivided profits
Memoranda
$5,983Noncurrent loans and leases
$9,333Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$13Earning assets
$0Long-term assets (5+ years)
$656Average Assets, year-to-date
$74,309Average Assets, quarterly
$898Volatile liabilities
$82,038Insider loans
$83,181FHLB advances
$8,136Loans and leases held for sale
$944Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,333Total unused commitments
$27Restructured Loans and leases
$593Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$4,880Total interest income
$774Total interest expense
$4,106Net interest income
$0Provision for loan and lease losses
$600Total noninterest income
$0Fiduciary activities
$434Service charges on deposit accounts
$0Trading account gains & fees
$166Additional noninterest income
$2,982Total noninterest expense
$1,619Salaries and employee benefits
$372Premises and equipment expense
$991Additional noninterest expense
$1,724Pre-tax net operating income
$0Securities gains (losses)
$628Applicable income taxes
$1,096Income before extraordinary items
$0Extraordinary gains - net
$1,096Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$16Sale, conversion, retirement of capital stock, net
$591Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.61%Yield on earning assets
1.05%Cost of funding earning assets
5.56%Net interest margin
0.81%Noninterest income to earning assets
4.04%Noninterest expense to earning assets
1.34%Net operating income to assets
1.34%Return on assets (ROA)
2.10%Pretax return on assets
14.76%Return on equity (ROE)
6.80%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
63,366Assets per employee
2.12%Cash dividends to net income (YTD only)
Condition Ratios (%)
53.92%Loss allowance to loans
1.90%Loss allowance to noncurrent loans
5046.15%Noncurrent assets plus other real estate owned to assets
0.47%Noncurrent loans to loans
0.04%Net loans and leases to deposits
45.22%Net loans and leases to core deposits
50.72%Equity capital to assets
9.15%Core capital (leverage) ratio
9.12%Tier 1 risk-based capital ratio
15.96%Total risk-based capital ratio
Memoranda
$17Average assets
$82,038Average earning assets
$7,424Average equity
$73,787Average loans
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