FDIC Certificate #: 22980 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Citizens Business Bank (#21716) Federal Reserve ID: 605263 Date Established: October 31, 1979 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 6 (Interstate: No) OTS Docket #: 15360 FDIC's unique #: 16081 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: October 31, 1979 Last Structure Change Effective Date: October 04, 1999 Last Structure Change Process Date: November 03, 1999 Last Data Update: November 03, 1999 Data Source Date: April 05, 2012
Location
Address: 1201 East Katella Avenue, Orange, CA 92867 County: Orange 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): Orange County, CA (#5945) 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): Los Angeles-Long Beach-Santa Ana, CA (#31100) CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100) Core Based Statistical Division: Santa Ana-Anaheim-Irvine, CA (#42044)
Financial Summary
Total assets: $273.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
120Total employees (full-time equivalent)
$286,072Total assets
$17,541Cash and due from depository institutions
$0Interest-bearing balances
$58,289Securities
$57,390Federal funds sold & reverse repurchase agreements
$140,140Net loans & leases
$1,524Loan loss allowance
$0Trading account assets
$5,438Bank premises and fixed assets
$0Other real estate owned
$171Goodwill and other intangibles
$0Life insurance assets
$7,103All other assets
$286,072Total liabilities and capital
$263,143Total liabilities
$261,070Total deposits
$218,304Interest-bearing deposits
$261,070Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,073All other liabilities
$22,929Total equity capital
$22,929Total bank equity capital
$22,929Perpetual preferred stock
$0Common stock
$1,672Surplus
$3,986Undivided profits
Memoranda
$17,271Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,707Earning assets
$0Long-term assets (5+ years)
$719Average Assets, year-to-date
$255,819Average Assets, quarterly
$51,312Volatile liabilities
$256,475Insider loans
$275,404FHLB advances
$19,092Loans and leases held for sale
$2,625Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$1,755Total risk weighted assets
$23,928Total unused commitments
$0Restructured Loans and leases
$178,928Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$18,489Total interest income
$4,165Total interest expense
$14,324Net interest income
$100Provision for loan and lease losses
$3,411Total noninterest income
$0Fiduciary activities
$1,442Service charges on deposit accounts
$0Trading account gains & fees
$1,969Additional noninterest income
$12,121Total noninterest expense
$5,936Salaries and employee benefits
$2,085Premises and equipment expense
$4,100Additional noninterest expense
$5,514Pre-tax net operating income
$0Securities gains (losses)
$2,147Applicable income taxes
$3,367Income before extraordinary items
$0Extraordinary gains - net
$3,367Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$157Sale, conversion, retirement of capital stock, net
$1,389Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.29%Yield on earning assets
1.87%Cost of funding earning assets
6.42%Net interest margin
1.53%Noninterest income to earning assets
5.44%Noninterest expense to earning assets
1.31%Net operating income to assets
1.31%Return on assets (ROA)
2.15%Pretax return on assets
15.48%Return on equity (ROE)
9.10%Retained earnings to average equity (YTD only)
0.11%Net charge-offs to loans
63.69%Credit loss provision to net charge-offs
35.76%Efficiency ratio
68,345Assets per employee
2.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
41.25%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
89.28%Noncurrent assets plus other real estate owned to assets
0.60%Noncurrent loans to loans
1.20%Net loans and leases to deposits
53.68%Net loans and leases to core deposits
57.91%Equity capital to assets
8.02%Core capital (leverage) ratio
8.39%Tier 1 risk-based capital ratio
12.83%Total risk-based capital ratio
Memoranda
$14Average assets
$256,475Average earning assets
$21,744Average equity
$222,955Average loans
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