FDIC Certificate #: 25069 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:East West Bank (#31628) Federal Reserve ID: 932361 Date Established: April 02, 1984 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 4 (Interstate: No) OTS Docket #: 15745 FDIC's unique #: 17353 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: April 02, 1984 Last Structure Change Effective Date: March 15, 2003 Last Structure Change Process Date: April 22, 2003 Last Data Update: April 22, 2003 Data Source Date: April 05, 2012
Location
Address: 10100 Pioneer Boulevard, Suite 1000, Santa Fe Springs, CA 90670 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (North) Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480) 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: Los Angeles-Long Beach-Glendale, CA (#31084)
Financial Summary
Total assets: $162.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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
59Total employees (full-time equivalent)
$162,663Total assets
$22,968Cash and due from depository institutions
$13,847Interest-bearing balances
$4,108Securities
$6,400Federal funds sold & reverse repurchase agreements
$121,722Net loans & leases
$1,873Loan loss allowance
$0Trading account assets
$851Bank premises and fixed assets
$686Other real estate owned
$3,133Goodwill and other intangibles
$0Life insurance assets
$2,795All other assets
$162,663Total liabilities and capital
$144,431Total liabilities
$140,482Total deposits
$103,246Interest-bearing deposits
$140,482Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,400Other borrowed funds
$0Subordinated debt
$1,549All other liabilities
$18,232Total equity capital
$18,232Total bank equity capital
$18,232Perpetual preferred stock
$0Common stock
$15,019Surplus
$0Undivided profits
Memoranda
$3,213Noncurrent loans and leases
$13,871Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$542Average Assets, year-to-date
$146,077Average Assets, quarterly
$35,037Volatile liabilities
$159,880Insider loans
$164,991FHLB advances
$37,850Loans and leases held for sale
$0Unused loan commitments
$2,400Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$13,871Total unused commitments
$0Restructured Loans and leases
$1,688Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$8,905Total interest income
$2,314Total interest expense
$6,591Net interest income
$918Provision for loan and lease losses
$697Total noninterest income
$0Fiduciary activities
$597Service charges on deposit accounts
$0Trading account gains & fees
$100Additional noninterest income
$6,550Total noninterest expense
$3,205Salaries and employee benefits
$1,434Premises and equipment expense
$1,911Additional noninterest expense
-$180Pre-tax net operating income
$97Securities gains (losses)
-$41Applicable income taxes
-$42Income before extraordinary items
$0Extraordinary gains - net
-$42Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$558Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.23%Yield on earning assets
1.62%Cost of funding earning assets
4.61%Net interest margin
0.49%Noninterest income to earning assets
4.59%Noninterest expense to earning assets
-0.07%Net operating income to assets
-0.03%Return on assets (ROA)
-0.05%Pretax return on assets
-0.23%Return on equity (ROE)
-0.23%Retained earnings to average equity (YTD only)
0.50%Net charge-offs to loans
164.52%Credit loss provision to net charge-offs
1.32%Efficiency ratio
89,874Assets per employee
2.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.52%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.42%Noncurrent loans to loans
0.00%Net loans and leases to deposits
86.65%Net loans and leases to core deposits
115.89%Equity capital to assets
11.21%Core capital (leverage) ratio
9.15%Tier 1 risk-based capital ratio
11.18%Total risk-based capital ratio
Memoranda
$12Average assets
$159,880Average earning assets
$18,136Average equity
$142,836Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Pacific Business Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: