FDIC Certificate #: 26299 Status: Active Federal Reserve ID: 577137 Bank Holding Company (Regulatory Top Holder): Banco Del Pacifico S.A. (RSSDID: 1129355, Location: Guayaquil) Date Established: July 22, 1985 WWW:http://www.pnb.com Trust Powers Granted: No Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 10618 FDIC's unique #: 32718 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: Yes State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: July 22, 1985 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 1390 Brickell Avenue, Miami, FL 33131 County: Miami-Dade Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: Atlanta FDIC Field Office: South Florida Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Miami, FL (#5000) Consolidated Metropolitan Statistical Area (CMSA): Miami-Fort Lauderdale, FL (#56) Core Based Statistical Area (CBSA): Miami-Fort Lauderdale-Pompano Beach, FL (#33100) CBSA Metro Statistical Area: Miami-Fort Lauderdale-Pompano Beach, FL (#33100) Core Based Statistical Division: Miami-Miami Beach-Kendall, FL (#33124)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $357.3 mil Equity capital: $43.8 mil Deposits held in domestic offices: $139.2 mil Return on assets (ROA): -0.31% (-$1.1 mil) Quarterly return on assets: -0.76% (-$2.7 mil) Return on Equity (ROE): -2.47% (-$1.1 mil) Quarterly return on equity: -6.00% (-$2.6 mil) Net income: -$1.1 mil Quarterly Net income: -$0.7 mil Pretax return on assets: -0.36% (-$1,286.2 mil) Quarterly Pretax return on assets: -0.39% (-$1,393.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
78Total employees (full-time equivalent)
$357,276Total assets
$45,972Cash and due from depository institutions
$542Interest-bearing balances
$158,268Securities
$0Federal funds sold & reverse repurchase agreements
$128,120Net loans & leases
$2,994Loan loss allowance
$0Trading account assets
$7,398Bank premises and fixed assets
$5,386Other real estate owned
$0Goodwill and other intangibles
$357,276Life insurance assets
$12,132All other assets
$313,490Total liabilities and capital
$218,047Total liabilities
$164,542Total deposits
$139,197Interest-bearing deposits
$53Deposits held in domestic offices
85850.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$8,509Trading liabilities
$0Other borrowed funds
$1,084Subordinated debt
$43,786All other liabilities
$43,786Total equity capital
$43,786Total bank equity capital
$0Perpetual preferred stock
$19,944Common stock
$14,656Surplus
$9,186Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,256Income earned, not collected on loans
$0Earning assets
$1,112Long-term assets (5+ years)
$286,930Average Assets, year-to-date
$171,724Average Assets, quarterly
$349,374Volatile liabilities
$348,904Insider loans
$178,248FHLB advances
$350,088Loans and leases held for sale
$7,420Unused loan commitments
$1,955Tier 1 (core) risk-based capital
$42,544Tier 2 risk-based capital
$0Total risk weighted assets
$5,465Total unused commitments
$7,072Restructured Loans and leases
$0Derivatives
$9,357Total assets and liabilities in foreign offices
Income and Expense (December 31, 2011)
Dollar figures in thousands
$11,885Total interest income
$1,030Total interest expense
$10,855Net interest income
$458Provision for loan and lease losses
$1,529Total noninterest income
$0Fiduciary activities
$338Service charges on deposit accounts
$37Trading account gains & fees
$1,154Additional noninterest income
$14,036Total noninterest expense
$7,569Salaries and employee benefits
$2,129Premises and equipment expense
$4,338Additional noninterest expense
-$2,110Pre-tax net operating income
$842Securities gains (losses)
-$189Applicable income taxes
-$1,079Income before extraordinary items
$0Extraordinary gains - net
-$1,079Net income attributable to bank
$0Net charge-offs
-$1,079Cash dividends
$1,413Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.10%Yield on earning assets
0.36%Cost of funding earning assets
3.74%Net interest margin
0.53%Noninterest income to earning assets
4.84%Noninterest expense to earning assets
-0.51%Net operating income to assets
-0.31%Return on assets (ROA)
-0.36%Pretax return on assets
-2.47%Return on equity (ROE)
-2.47%Retained earnings to average equity (YTD only)
1.16%Net charge-offs to loans
32.41%Credit loss provision to net charge-offs
-1.17%Efficiency ratio
113,340Assets per employee
4.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.28%Loss allowance to noncurrent loans
32.35%Noncurrent assets plus other real estate owned to assets
4.10%Noncurrent loans to loans
7.06%Net loans and leases to deposits
58.76%Net loans and leases to core deposits
102.96%Equity capital to assets
12.26%Core capital (leverage) ratio
12.15%Tier 1 risk-based capital ratio
23.87%Total risk-based capital ratio
Memoranda
$25Average assets
$349,374Average earning assets
$43,763Average equity
$289,906Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
32718
Pacific National Bank
1390 Brickell Avenue, Miami, FL 33131
July 22, 1985
Full Service Brick and Mortar
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