FDIC Certificate #: 34587 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:East West Bank (#31628) Federal Reserve ID: 2653893 Date Established: Febuary 09, 1998 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 60751 Numeric code: 21 Regulator: FDIC 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: Febuary 09, 1998 Last Structure Change Effective Date: January 12, 2001 Last Structure Change Process Date: January 26, 2001 Last Data Update: January 26, 2001 Data Source Date: April 05, 2012
Location
Address: 1900 Avenue Of The Stars, #290, Los Angeles, CA 90067 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) 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: $128.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
23Total employees (full-time equivalent)
$128,442Total assets
$15,060Cash and due from depository institutions
$100Interest-bearing balances
$41,504Securities
$27,100Federal funds sold & reverse repurchase agreements
$42,773Net loans & leases
$550Loan loss allowance
$0Trading account assets
$1,211Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$794All other assets
$128,442Total liabilities and capital
$119,477Total liabilities
$118,963Total deposits
$45,115Interest-bearing deposits
$118,963Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$514All other liabilities
$8,965Total equity capital
$8,965Total bank equity capital
$8,965Perpetual preferred stock
$0Common stock
$5,000Surplus
$4,969Undivided profits
Memoranda
$-1,004Noncurrent loans and leases
$14,557Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$12Earning assets
$0Long-term assets (5+ years)
$184Average Assets, year-to-date
$111,477Average Assets, quarterly
$13,609Volatile liabilities
$120,797Insider loans
$119,475FHLB advances
$3,433Loans and leases held for sale
$3,483Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,557Total unused commitments
$0Restructured Loans and leases
$550Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$7,327Total interest income
$1,400Total interest expense
$5,927Net interest income
$102Provision for loan and lease losses
$133Total noninterest income
$0Fiduciary activities
$122Service charges on deposit accounts
$0Trading account gains & fees
$11Additional noninterest income
$5,330Total noninterest expense
$1,674Salaries and employee benefits
$587Premises and equipment expense
$3,069Additional noninterest expense
$628Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$627Income before extraordinary items
$0Extraordinary gains - net
$627Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.87%Yield on earning assets
1.31%Cost of funding earning assets
5.56%Net interest margin
0.12%Noninterest income to earning assets
5.00%Noninterest expense to earning assets
0.52%Net operating income to assets
0.52%Return on assets (ROA)
0.52%Pretax return on assets
7.25%Return on equity (ROE)
7.25%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
87,954Assets per employee
5.58%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
4583.33%Noncurrent assets plus other real estate owned to assets
0.01%Noncurrent loans to loans
0.03%Net loans and leases to deposits
35.95%Net loans and leases to core deposits
37.02%Equity capital to assets
6.98%Core capital (leverage) ratio
7.95%Tier 1 risk-based capital ratio
11.91%Total risk-based capital ratio
Memoranda
$13Average assets
$120,797Average earning assets
$8,646Average equity
$106,616Average loans
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