Old Stone Bank of California, A FSB in city_name, state_name

Old Stone Bank of California, A FSB in Hayward, California (CA)
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Old Stone Bank of California, A FSB - Overview

General
FDIC Certificate #: 32599
Status: Inactive
Closing history: Corrections
Acquiring institution: Alameda First National Bank (#19158)
Federal Reserve ID: 2138765
Date Established: August 26, 1988
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8514
FDIC's unique #: 45433
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: August 26, 1988
Last Structure Change Effective Date: December 02, 1994
Last Structure Change Process Date: December 12, 1994
Last Data Update: December 04, 1995
Data Source Date: April 05, 2012
Location
Address: 27000 Hesperian Boulevard, Hayward, CA 94545
County: Alameda
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): Oakland, CA (#5775)
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: Oakland-Fremont-Hayward, CA (#36084)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $285.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

Dollar figures in thousands
0Total employees (full-time equivalent)
$92Total assets
$271,102Cash and due from depository institutions
$6,132Interest-bearing balances
$5,176Securities
$11,079Federal funds sold & reverse repurchase agreements
$3,000Net loans & leases
$233,922Loan loss allowance
$3,591Trading account assets
$0Bank premises and fixed assets
$3,920Other real estate owned
$3,458Goodwill and other intangibles
$9,591Life insurance assets
$0All other assets
$0Total liabilities and capital
$271,102Total liabilities
$254,478Total deposits
$236,072Interest-bearing deposits
$230,946Deposits held in domestic offices
236072.00%% insured (estimated)
$97Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$17,500Subordinated debt
$0All other liabilities
$906Total equity capital
$906Total bank equity capital
$16,624Perpetual preferred stock
$0Common stock
$0Surplus
$15,999Undivided profits
Memoranda
$625Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,582Income earned, not collected on loans
$1,336Earning assets
$253,177Long-term assets (5+ years)
$0Average Assets, year-to-date
$278,621Average Assets, quarterly
$276,270Volatile liabilities
$42,119Insider loans
$589FHLB advances
$17,500Loans and leases held for sale
$0Unused loan commitments
$3,918Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$16,624Total risk weighted assets
$150,559Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1993)

Dollar figures in thousands
$0Total interest income
$17,889Total interest expense
$10,241Net interest income
$7,648Provision for loan and lease losses
$480Total noninterest income
$1,668Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$1,668Total noninterest expense
$8,142Salaries and employee benefits
$3,158Premises and equipment expense
$1,656Additional noninterest expense
$3,328Pre-tax net operating income
$694Securities gains (losses)
$738Applicable income taxes
$26Income before extraordinary items
$1,406Extraordinary gains - net
$985Net income attributable to bank
$2,391Net charge-offs
$134Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1993)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
6.92%Cost of funding earning assets
3.96%Net interest margin
2.96%Noninterest income to earning assets
0.65%Noninterest expense to earning assets
3.15%Net operating income to assets
0.25%Return on assets (ROA)
0.86%Pretax return on assets
0.87%Return on equity (ROE)
15.34%Retained earnings to average equity (YTD only)
15.34%Net charge-offs to loans
0.05%Credit loss provision to net charge-offs
358.21%Efficiency ratio
87,398Assets per employee
2.95%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
226.99%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
0.67%Net loans and leases to deposits
99.09%Net loans and leases to core deposits
110.63%Equity capital to assets
6.13%Core capital (leverage) ratio
6.13%Tier 1 risk-based capital ratio
11.04%Total risk-based capital ratio
Memoranda
$11Average assets
$278,621Average earning assets
$15,590Average equity
$258,509Average loans

Old Stone Bank of California, A FSB in Hayward, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Old Stone Bank of California, A FSB - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

Old Stone Bank of California, A FSB in Hayward, California (CA)Overview, Financial Summary, Detailed Financial Reports, Branches

Old Stone Bank of California, A FSB - Overview

Assets and Liabilities (December 31, 1993)

Income and Expense (December 31, 1993)

Performance and Condition Ratios (December 31, 1993)

Comment about this bank, ask questions, or add new information about it:

Old Stone Bank of California, A FSB in Hayward, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches