FDIC Certificate #: 58261 Status: Active Federal Reserve ID: 3459346 Date Established: July 25, 2006 WWW:http://www.ibankpremier.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 #: 444881 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 25, 2006 Last Structure Change Effective Date: March 03, 2011 Last Structure Change Process Date: March 03, 2011 Last Data Update: March 03, 2011 Data Source Date: April 05, 2012
Location
Address: 700 South Flower Street, Suite 2000, Los Angeles, CA 90017 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: $103.0 mil Equity capital: $12.5 mil Deposits held in domestic offices: $82.2 mil Return on assets (ROA): 0.59% ($0.6 mil) Quarterly return on assets: 0.72% ($0.7 mil) Return on Equity (ROE): 4.59% ($0.6 mil) Quarterly return on equity: 5.72% ($0.7 mil) Net income: $0.6 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.53% ($545.8 mil) Quarterly Pretax return on assets: 0.48% ($494.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
17Total employees (full-time equivalent)
$102,977Total assets
$15,873Cash and due from depository institutions
$11,782Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$85,834Net loans & leases
$1,917Loan loss allowance
$0Trading account assets
$200Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$102,977Life insurance assets
$1,070All other assets
$90,505Total liabilities and capital
$82,212Total liabilities
$66,876Total deposits
$82,212Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$7,800Trading liabilities
$0Other borrowed funds
$493Subordinated debt
$12,472All other liabilities
$12,472Total equity capital
$12,472Total bank equity capital
$0Perpetual preferred stock
$20,258Common stock
$1,081Surplus
$-8,867Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$272Long-term assets (5+ years)
$97,616Average Assets, year-to-date
$6,411Average Assets, quarterly
$94,543Volatile liabilities
$98,509Insider loans
$83,267FHLB advances
$95,820Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,472Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,934Restructured Loans and leases
$1,750Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,501Total interest income
$606Total interest expense
$3,895Net interest income
-$100Provision for loan and lease losses
$148Total noninterest income
$0Fiduciary activities
$125Service charges on deposit accounts
$0Trading account gains & fees
$23Additional noninterest income
$3,645Total noninterest expense
$2,113Salaries and employee benefits
$317Premises and equipment expense
$1,215Additional noninterest expense
$498Pre-tax net operating income
$0Securities gains (losses)
-$60Applicable income taxes
$558Income before extraordinary items
$0Extraordinary gains - net
$558Net income attributable to bank
$0Net charge-offs
$558Cash dividends
-$250Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.02%Yield on earning assets
0.68%Cost of funding earning assets
4.34%Net interest margin
0.17%Noninterest income to earning assets
4.07%Noninterest expense to earning assets
0.59%Net operating income to assets
0.59%Return on assets (ROA)
0.53%Pretax return on assets
4.59%Return on equity (ROE)
4.59%Retained earnings to average equity (YTD only)
-0.32%Net charge-offs to loans
40.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
90,156Assets per employee
6.06%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.18%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
104.41%Net loans and leases to core deposits
115.77%Equity capital to assets
12.11%Core capital (leverage) ratio
13.02%Tier 1 risk-based capital ratio
14.98%Total risk-based capital ratio
Memoranda
$16Average assets
$94,543Average earning assets
$12,165Average equity
$89,659Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
444881
Premier Business Bank
700 South Flower Street, Suite 2000, Los Angeles, CA 90017
July 25, 2006
Full Service Brick and Mortar
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