FDIC Certificate #: 57989 Status: Active Federal Reserve ID: 3367067 Date Established: July 18, 2005 WWW:http://www.panpacificbank.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 #: 433195 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: July 18, 2005 Last Structure Change Effective Date: January 19, 2011 Last Structure Change Process Date: January 19, 2011 Last Data Update: January 19, 2011 Data Source Date: April 05, 2012
Location
Address: 47065 Warm Springs Boulevard, Fremont, CA 94539 County: Alameda 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): Oakland, CA (#5775) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860) CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860) Core Based Statistical Division: Oakland-Fremont-Hayward, CA (#36084)
Financial Summary
Total assets: $112.3 mil Equity capital: $12.0 mil Deposits held in domestic offices: $99.9 mil Return on assets (ROA): -1.27% (-$1.4 mil) Quarterly return on assets: -2.00% (-$2.2 mil) Return on Equity (ROE): -13.95% (-$1.7 mil) Quarterly return on equity: -21.85% (-$2.6 mil) Net income: -$1.3 mil Quarterly Net income: -$0.5 mil Pretax return on assets: -1.26% (-$1,415.4 mil) Quarterly Pretax return on assets: -2.00% (-$2,246.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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)
$112,332Total assets
$26,247Cash and due from depository institutions
$24,112Interest-bearing balances
$591Securities
$0Federal funds sold & reverse repurchase agreements
$84,055Net loans & leases
$1,721Loan loss allowance
$0Trading account assets
$180Bank premises and fixed assets
$0Other real estate owned
$32Goodwill and other intangibles
$112,332Life insurance assets
$1,227All other assets
$100,331Total liabilities and capital
$99,875Total liabilities
$82,295Total deposits
$99,875Interest-bearing deposits
$75Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$456Subordinated debt
$12,001All other liabilities
$12,001Total equity capital
$12,001Total bank equity capital
$0Perpetual preferred stock
$20,364Common stock
$820Surplus
$-9,183Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,948Income earned, not collected on loans
$384Earning assets
$227Long-term assets (5+ years)
$108,758Average Assets, year-to-date
$11,488Average Assets, quarterly
$99,827Volatile liabilities
$108,876Insider loans
$90,206FHLB advances
$110,448Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$11,970Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,707Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,437Total interest income
$868Total interest expense
$3,569Net interest income
$837Provision for loan and lease losses
$166Total noninterest income
$0Fiduciary activities
$95Service charges on deposit accounts
$0Trading account gains & fees
$71Additional noninterest income
$4,160Total noninterest expense
$2,264Salaries and employee benefits
$252Premises and equipment expense
$1,644Additional noninterest expense
-$1,262Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
-$1,263Income before extraordinary items
$0Extraordinary gains - net
-$1,263Net income attributable to bank
$0Net charge-offs
-$1,263Cash dividends
$941Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.62%Yield on earning assets
0.90%Cost of funding earning assets
3.71%Net interest margin
0.17%Noninterest income to earning assets
4.33%Noninterest expense to earning assets
-1.27%Net operating income to assets
-1.27%Return on assets (ROA)
-1.26%Pretax return on assets
-13.95%Return on equity (ROE)
-13.95%Retained earnings to average equity (YTD only)
1.20%Net charge-offs to loans
88.95%Credit loss provision to net charge-offs
-0.45%Efficiency ratio
111,379Assets per employee
5.35%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.01%Loss allowance to noncurrent loans
88.35%Noncurrent assets plus other real estate owned to assets
1.73%Noncurrent loans to loans
2.27%Net loans and leases to deposits
84.16%Net loans and leases to core deposits
90.41%Equity capital to assets
10.68%Core capital (leverage) ratio
10.84%Tier 1 risk-based capital ratio
13.27%Total risk-based capital ratio
Memoranda
$15Average assets
$99,827Average earning assets
$9,052Average equity
$96,099Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
433195
Pan Pacific Bank
47065 Warm Springs Boulevard, Fremont, CA 94539
July 18, 2005
Full Service Brick and Mortar
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