FDIC Certificate #: 34817 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Pacific Western Bank (#24045) Federal Reserve ID: 2661898 Date Established: May 17, 1999 WWW:http://www.pacificliberty.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 2 (Interstate: No) FDIC's unique #: 61728 Numeric code: 13 Regulator: FED 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: May 17, 1999 Last Structure Change Effective Date: October 07, 2005 Last Structure Change Process Date: November 28, 2005 Last Data Update: November 28, 2005 Data Source Date: April 05, 2012
Location
Address: 19950 Beach Boulevard, Huntington Beach, CA 92648 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: $163.1 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2004)
Dollar figures in thousands
22Total employees (full-time equivalent)
$132,631Total assets
$3,533Cash and due from depository institutions
$99Interest-bearing balances
$22,236Securities
$0Federal funds sold & reverse repurchase agreements
$101,591Net loans & leases
$1,250Loan loss allowance
$0Trading account assets
$102Bank premises and fixed assets
$0Other real estate owned
$748Goodwill and other intangibles
$0Life insurance assets
$4,421All other assets
$132,631Total liabilities and capital
$117,598Total liabilities
$116,599Total deposits
$77,896Interest-bearing deposits
$116,599Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$999All other liabilities
$15,033Total equity capital
$15,033Total bank equity capital
$15,033Perpetual preferred stock
$0Common stock
$11,570Surplus
$0Undivided profits
Memoranda
$3,463Noncurrent loans and leases
$42,158Noncurrent 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)
$574Average Assets, year-to-date
$123,926Average Assets, quarterly
$18,660Volatile liabilities
$119,522Insider loans
$133,460FHLB advances
$21,951Loans and leases held for sale
$2,152Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$42,158Total unused commitments
$0Restructured Loans and leases
$1,344Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$6,730Total interest income
$1,129Total interest expense
$5,601Net interest income
$444Provision for loan and lease losses
$1,908Total noninterest income
$0Fiduciary activities
$521Service charges on deposit accounts
$0Trading account gains & fees
$1,387Additional noninterest income
$3,769Total noninterest expense
$1,911Salaries and employee benefits
$460Premises and equipment expense
$1,398Additional noninterest expense
$3,296Pre-tax net operating income
$33Securities gains (losses)
$1,250Applicable income taxes
$2,079Income before extraordinary items
$0Extraordinary gains - net
$2,079Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$17Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.12%Yield on earning assets
1.03%Cost of funding earning assets
5.09%Net interest margin
1.73%Noninterest income to earning assets
3.43%Noninterest expense to earning assets
1.72%Net operating income to assets
1.74%Return on assets (ROA)
2.79%Pretax return on assets
15.09%Return on equity (ROE)
15.09%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
-2611.76%Credit loss provision to net charge-offs
0.00%Efficiency ratio
50,193Assets per employee
6.03%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.22%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
87.13%Net loans and leases to core deposits
107.34%Equity capital to assets
11.33%Core capital (leverage) ratio
10.81%Tier 1 risk-based capital ratio
13.42%Total risk-based capital ratio
Memoranda
$15Average assets
$119,522Average earning assets
$13,775Average equity
$109,998Average loans
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