FDIC Certificate #: 58137 Status: Active Federal Reserve ID: 3426656 Date Established: Febuary 27, 2006 WWW:http://www.pacificrimbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 440402 Numeric code: 21 Regulator: FDIC 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: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 27, 2006 Last Structure Change Effective Date: Febuary 16, 2010 Last Structure Change Process Date: Febuary 16, 2010 Last Data Update: Febuary 16, 2010 Data Source Date: April 05, 2012
Location
Address: 500 Ala Moana Boulevard, Suite 2a, Honolulu, HI 96813 County: Honolulu Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Honolulu, HI (#3320) Core Based Statistical Area (CBSA): Honolulu, HI (#26180) CBSA Metro Statistical Area: Honolulu, HI (#26180)
History of Changes
Corrections
Financial Summary
Total assets: $132.7 mil Equity capital: $8.3 mil Deposits held in domestic offices: $123.8 mil Return on assets (ROA): 0.18% ($0.2 mil) Quarterly return on assets: 0.40% ($0.5 mil) Return on Equity (ROE): 3.03% ($0.2 mil) Quarterly return on equity: 6.38% ($0.5 mil) Net income: $0.2 mil Quarterly Net income: $0.1 mil Pretax return on assets: 0.18% ($238.8 mil) Quarterly Pretax return on assets: 0.40% ($530.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
21Total employees (full-time equivalent)
$132,687Total assets
$32,566Cash and due from depository institutions
$23,748Interest-bearing balances
$8,530Securities
$1,720Federal funds sold & reverse repurchase agreements
$83,799Net loans & leases
$2,100Loan loss allowance
$0Trading account assets
$764Bank premises and fixed assets
$4,137Other real estate owned
$0Goodwill and other intangibles
$132,687Life insurance assets
$1,171All other assets
$124,365Total liabilities and capital
$123,850Total liabilities
$109,689Total deposits
$123,850Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$515Subordinated debt
$8,322All other liabilities
$8,322Total equity capital
$8,322Total bank equity capital
$0Perpetual preferred stock
$14,088Common stock
$687Surplus
$-6,453Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$222Income earned, not collected on loans
$0Earning assets
$328Long-term assets (5+ years)
$117,797Average Assets, year-to-date
$31,881Average Assets, quarterly
$134,647Volatile liabilities
$131,079Insider loans
$78,339FHLB advances
$130,056Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,331Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$10,119Restructured Loans and leases
$13Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,685Total interest income
$949Total interest expense
$4,736Net interest income
$204Provision for loan and lease losses
$340Total noninterest income
$0Fiduciary activities
$43Service charges on deposit accounts
$0Trading account gains & fees
$297Additional noninterest income
$4,637Total noninterest expense
$1,790Salaries and employee benefits
$677Premises and equipment expense
$2,170Additional noninterest expense
$235Pre-tax net operating income
$10Securities gains (losses)
$0Applicable income taxes
$245Income before extraordinary items
$0Extraordinary gains - net
$245Net income attributable to bank
$0Net charge-offs
$245Cash dividends
$985Sale, conversion, retirement of capital stock, net
$9Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.56%Yield on earning assets
0.76%Cost of funding earning assets
3.79%Net interest margin
0.27%Noninterest income to earning assets
3.72%Noninterest expense to earning assets
0.17%Net operating income to assets
0.18%Return on assets (ROA)
0.18%Pretax return on assets
3.03%Return on equity (ROE)
2.92%Retained earnings to average equity (YTD only)
1.13%Net charge-offs to loans
20.71%Credit loss provision to net charge-offs
0.45%Efficiency ratio
91,351Assets per employee
6.32%Cash dividends to net income (YTD only)
Condition Ratios (%)
3.67%Loss allowance to loans
2.44%Loss allowance to noncurrent loans
945.95%Noncurrent assets plus other real estate owned to assets
3.29%Noncurrent loans to loans
0.26%Net loans and leases to deposits
67.66%Net loans and leases to core deposits
71.45%Equity capital to assets
6.27%Core capital (leverage) ratio
6.41%Tier 1 risk-based capital ratio
10.63%Total risk-based capital ratio
Memoranda
$12Average assets
$134,647Average earning assets
$8,083Average equity
$124,800Average loans
List of branches
1 Hawaii Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
440402
Pacific Rim Bank
500 Ala Moana Boulevard, Suite 2a, Honolulu, HI 96813
Febuary 27, 2006
Full Service Brick and Mortar
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