FDIC Certificate #: 26729 Status: Inactive Closing history: Change in Location Acquiring institution:Wilshire State Bank (#23301) Federal Reserve ID: 493750 Date Established: July 14, 1986 WWW:http://www.orangesavingsbank.com Bank Charter Class: Savings banks, state charter, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 35810 Numeric code: 41 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: July 14, 1986 Last Structure Change Effective Date: November 16, 2004 Last Structure Change Process Date: December 09, 2004 Last Data Update: December 09, 2004 Data Source Date: April 05, 2012
Location
Address: 12300 Ford Road Suite 348, Dallas, TX 75235 County: Dallas Quarterly Banking Profile Region: Dallas FDIC Geographic Region: Dallas FDIC Supervisory Region: Dallas FDIC Field Office: Houston Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Dallas, TX (#1920) Consolidated Metropolitan Statistical Area (CMSA): Dallas-Fort Worth, TX (#31) Combined Statistical Area (CSA): Dallas-Fort Worth, TX (#206) Core Based Statistical Area (CBSA): Dallas-Fort Worth-Arlington, TX (#19100) CBSA Metro Statistical Area: Dallas-Fort Worth-Arlington, TX (#19100) Core Based Statistical Division: Dallas-Plano-Irving, TX (#19124)
History of Changes
Merger - Without Assistance
Office Sold
Change in Location
Financial Summary
Total assets: $41.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
25Total employees (full-time equivalent)
$35,807Total assets
$2,176Cash and due from depository institutions
$200Interest-bearing balances
$7,486Securities
$1,165Federal funds sold & reverse repurchase agreements
$19,019Net loans & leases
$242Loan loss allowance
$0Trading account assets
$2,338Bank premises and fixed assets
$308Other real estate owned
$2,657Goodwill and other intangibles
$0Life insurance assets
$658All other assets
$35,807Total liabilities and capital
$30,174Total liabilities
$30,147Total deposits
$20,514Interest-bearing deposits
$30,147Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$27All other liabilities
$5,633Total equity capital
$5,633Total bank equity capital
$5,633Perpetual preferred stock
$0Common stock
$1,261Surplus
$4,264Undivided profits
Memoranda
$108Noncurrent loans and leases
$1,586Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$529Earning assets
$0Long-term assets (5+ years)
$170Average Assets, year-to-date
$27,870Average Assets, quarterly
$7,937Volatile liabilities
$33,322Insider loans
$35,250FHLB advances
$4,045Loans and leases held for sale
$44Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,586Total unused commitments
$0Restructured Loans and leases
$242Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$1,623Total interest income
$229Total interest expense
$1,394Net interest income
$76Provision for loan and lease losses
$613Total noninterest income
$0Fiduciary activities
$539Service charges on deposit accounts
$0Trading account gains & fees
$74Additional noninterest income
$1,759Total noninterest expense
$786Salaries and employee benefits
$248Premises and equipment expense
$725Additional noninterest expense
$172Pre-tax net operating income
$0Securities gains (losses)
$85Applicable income taxes
$87Income before extraordinary items
$25Extraordinary gains - net
$112Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$251Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.25%Yield on earning assets
0.88%Cost of funding earning assets
5.37%Net interest margin
2.36%Noninterest income to earning assets
6.77%Noninterest expense to earning assets
0.26%Net operating income to assets
0.34%Return on assets (ROA)
0.59%Pretax return on assets
2.20%Return on equity (ROE)
2.20%Retained earnings to average equity (YTD only)
1.36%Net charge-offs to loans
30.28%Credit loss provision to net charge-offs
0.99%Efficiency ratio
83,807Assets per employee
1.43%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
45.75%Noncurrent assets plus other real estate owned to assets
2.34%Noncurrent loans to loans
2.75%Net loans and leases to deposits
63.09%Net loans and leases to core deposits
72.86%Equity capital to assets
15.73%Core capital (leverage) ratio
8.42%Tier 1 risk-based capital ratio
12.04%Total risk-based capital ratio
Memoranda
$13Average assets
$33,322Average earning assets
$5,080Average equity
$25,964Average loans
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