Queen City Bank, National Association in Long Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 1996

  • Queen City Bank, National Association in Long Beach, California (CA)
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Queen City Bank, National Association - Overview

  • General
  • FDIC Certificate #: 24726
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank & Trust (#20233)
    Federal Reserve ID: 873165
    Date Established: September 26, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 17162
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: September 26, 1983
    Last Structure Change Effective Date: April 15, 1996
    Last Structure Change Process Date: April 30, 1996
    Last Data Update: April 30, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 4201 Long Beach Boulevard, Long Beach, CA 90807
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    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: $50.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $42Total assets
  • $54,765Cash and due from depository institutions
  • $6,736Interest-bearing balances
  • $750Securities
  • $10,781Federal funds sold & reverse repurchase agreements
  • $2,200Net loans & leases
  • $33,062Loan loss allowance
  • $823Trading account assets
  • $0Bank premises and fixed assets
  • $277Other real estate owned
  • $315Goodwill and other intangibles
  • $1,394Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $54,765Total liabilities
  • $48,543Total deposits
  • $48,207Interest-bearing deposits
  • $29,127Deposits held in domestic offices
  • 48207.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $336Total equity capital
  • $336Total bank equity capital
  • $6,222Perpetual preferred stock
  • $6,000Common stock
  • $317Surplus
  • $0Undivided profits
  • Memoranda
  • $-95Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,231Income earned, not collected on loans
  • $278Earning assets
  • $46,793Long-term assets (5+ years)
  • $151Average Assets, year-to-date
  • $61,952Average Assets, quarterly
  • $56,466Volatile liabilities
  • $4,210Insider loans
  • $330FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,824Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,177Total risk weighted assets
  • $36,751Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $354Total interest expense
  • $91Net interest income
  • $263Provision for loan and lease losses
  • $1Total noninterest income
  • $91Fiduciary activities
  • $0Service charges on deposit accounts
  • $59Trading account gains & fees
  • $0Additional noninterest income
  • $32Total noninterest expense
  • $578Salaries and employee benefits
  • $204Premises and equipment expense
  • $77Additional noninterest expense
  • $297Pre-tax net operating income
  • -$225Securities gains (losses)
  • $0Applicable income taxes
  • -$85Income before extraordinary items
  • -$140Extraordinary gains - net
  • $0Net income attributable to bank
  • -$140Net charge-offs
  • $73Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $5,000Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 0.17%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 0.17%Noninterest expense to earning assets
  • 1.07%Net operating income to assets
  • -0.23%Return on assets (ROA)
  • -0.23%Pretax return on assets
  • -0.36%Return on equity (ROE)
  • -3.55%Retained earnings to average equity (YTD only)
  • -3.55%Net charge-offs to loans
  • 0.18%Credit loss provision to net charge-offs
  • 1.37%Efficiency ratio
  • 163,277Assets per employee
  • 1.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.43%Loss allowance to noncurrent loans
  • 36.89%Noncurrent assets plus other real estate owned to assets
  • 4.65%Noncurrent loans to loans
  • 6.58%Net loans and leases to deposits
  • 68.58%Net loans and leases to core deposits
  • 75.15%Equity capital to assets
  • 11.36%Core capital (leverage) ratio
  • 11.29%Tier 1 risk-based capital ratio
  • 16.81%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $61,952Average earning assets
  • $3,944Average equity
  • $54,106Average loans

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