FDIC Certificate #: 25064 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of Orange County (#23130) Federal Reserve ID: 54861 Date Established: March 23, 1984 Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Interstate: No) FDIC's unique #: 17350 Numeric code: 13 Regulator: FED 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: March 23, 1984 Last Structure Change Effective Date: December 28, 1999 Last Structure Change Process Date: January 05, 2000 Last Data Update: January 05, 2000 Data Source Date: April 05, 2012
Location
Address: 141 West Bastanchury Road, Fullerton, CA 92835 County: Orange 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): Orange County, CA (#5945) 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: Santa Ana-Anaheim-Irvine, CA (#42044)
Financial Summary
Total assets: $50.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
15Total employees (full-time equivalent)
$52,673Total assets
$3,226Cash and due from depository institutions
$2,298Interest-bearing balances
$8,809Securities
$13,539Federal funds sold & reverse repurchase agreements
$25,470Net loans & leases
$800Loan loss allowance
$0Trading account assets
$463Bank premises and fixed assets
$372Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$794All other assets
$52,673Total liabilities and capital
$47,610Total liabilities
$47,424Total deposits
$27,680Interest-bearing deposits
$47,424Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$186All other liabilities
$5,063Total equity capital
$5,063Total bank equity capital
$5,063Perpetual preferred stock
$0Common stock
$6,351Surplus
$0Undivided profits
Memoranda
$-1,288Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,774Earning assets
$0Long-term assets (5+ years)
$164Average Assets, year-to-date
$50,116Average Assets, quarterly
$5,026Volatile liabilities
$47,278Insider loans
$51,504FHLB advances
$8,523Loans and leases held for sale
$196Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$4,114Total unused commitments
$0Restructured Loans and leases
$31,407Derivatives
Income and Expense (December 31, 1998)
Dollar figures in thousands
$3,417Total interest income
$1,155Total interest expense
$2,262Net interest income
$323Provision for loan and lease losses
$727Total noninterest income
$0Fiduciary activities
$88Service charges on deposit accounts
$0Trading account gains & fees
$639Additional noninterest income
$2,176Total noninterest expense
$914Salaries and employee benefits
$299Premises and equipment expense
$963Additional noninterest expense
$490Pre-tax net operating income
$0Securities gains (losses)
$17Applicable income taxes
$473Income before extraordinary items
$0Extraordinary gains - net
$473Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$536Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.87%Yield on earning assets
2.66%Cost of funding earning assets
5.21%Net interest margin
1.67%Noninterest income to earning assets
5.01%Noninterest expense to earning assets
1.00%Net operating income to assets
1.00%Return on assets (ROA)
1.04%Pretax return on assets
9.73%Return on equity (ROE)
9.73%Retained earnings to average equity (YTD only)
2.21%Net charge-offs to loans
60.26%Credit loss provision to net charge-offs
1.52%Efficiency ratio
72,800Assets per employee
3.51%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.05%Loss allowance to noncurrent loans
45.10%Noncurrent assets plus other real estate owned to assets
4.07%Noncurrent loans to loans
6.75%Net loans and leases to deposits
53.71%Net loans and leases to core deposits
65.47%Equity capital to assets
9.61%Core capital (leverage) ratio
9.57%Tier 1 risk-based capital ratio
16.01%Total risk-based capital ratio
Memoranda
$17Average assets
$47,278Average earning assets
$4,859Average equity
$43,410Average loans
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