FDIC Certificate #: 58212 Status: Active Federal Reserve ID: 3560420 Date Established: Febuary 12, 2007 WWW:http://www.securityfirstfresno.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 #: 442278 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: Febuary 12, 2007 Last Structure Change Effective Date: September 07, 2010 Last Structure Change Process Date: September 21, 2010 Last Data Update: September 21, 2010 Data Source Date: April 05, 2012
Location
Address: 663 W Nees Avenue, Fresno, CA 93711 County: Fresno Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Fresno, CA (#2840) Combined Statistical Area (CSA): Fresno-Madera, CA (#260) Core Based Statistical Area (CBSA): Fresno, CA (#23420) CBSA Metro Statistical Area: Fresno, CA (#23420)
History of Changes
Change in Location
Financial Summary
Total assets: $98.9 mil Equity capital: $11.7 mil Deposits held in domestic offices: $82.0 mil Return on assets (ROA): -0.48% (-$0.5 mil) Quarterly return on assets: -1.16% (-$1.1 mil) Return on Equity (ROE): -4.26% (-$0.5 mil) Quarterly return on equity: -9.68% (-$1.2 mil) Net income: -$0.5 mil Quarterly Net income: -$0.3 mil Pretax return on assets: -0.48% (-$474.7 mil) Quarterly Pretax return on assets: -1.16% (-$1,147.1 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$98,891Total assets
$6,531Cash and due from depository institutions
$4,061Interest-bearing balances
$24,137Securities
$0Federal funds sold & reverse repurchase agreements
$60,123Net loans & leases
$2,306Loan loss allowance
$0Trading account assets
$297Bank premises and fixed assets
$3,823Other real estate owned
$0Goodwill and other intangibles
$98,891Life insurance assets
$3,980All other assets
$87,170Total liabilities and capital
$81,978Total liabilities
$74,688Total deposits
$81,978Interest-bearing deposits
$93Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$5,000Trading liabilities
$0Other borrowed funds
$192Subordinated debt
$11,721All other liabilities
$11,721Total equity capital
$11,721Total bank equity capital
$0Perpetual preferred stock
$16,965Common stock
$670Surplus
$-5,914Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,421Income earned, not collected on loans
$0Earning assets
$429Long-term assets (5+ years)
$88,321Average Assets, year-to-date
$30,254Average Assets, quarterly
$106,702Volatile liabilities
$99,284Insider loans
$75,155FHLB advances
$99,881Loans and leases held for sale
$1,754Unused loan commitments
$1,754Tier 1 (core) risk-based capital
$11,187Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,865Restructured Loans and leases
$1,480Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,200Total interest income
$1,010Total interest expense
$4,190Net interest income
$30Provision for loan and lease losses
-$829Total noninterest income
$0Fiduciary activities
$30Service charges on deposit accounts
$0Trading account gains & fees
-$859Additional noninterest income
$3,923Total noninterest expense
$1,537Salaries and employee benefits
$387Premises and equipment expense
$1,999Additional noninterest expense
-$592Pre-tax net operating income
$80Securities gains (losses)
$0Applicable income taxes
-$512Income before extraordinary items
$0Extraordinary gains - net
-$512Net income attributable to bank
$0Net charge-offs
-$512Cash dividends
$368Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.35%Yield on earning assets
1.04%Cost of funding earning assets
4.31%Net interest margin
-0.85%Noninterest income to earning assets
4.04%Noninterest expense to earning assets
-0.55%Net operating income to assets
-0.48%Return on assets (ROA)
-0.48%Pretax return on assets
-4.26%Return on equity (ROE)
-4.26%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
8.15%Credit loss provision to net charge-offs
-1.53%Efficiency ratio
116,721Assets per employee
6.18%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.69%Loss allowance to noncurrent loans
162.28%Noncurrent assets plus other real estate owned to assets
5.30%Noncurrent loans to loans
2.28%Net loans and leases to deposits
73.34%Net loans and leases to core deposits
74.04%Equity capital to assets
11.85%Core capital (leverage) ratio
11.20%Tier 1 risk-based capital ratio
14.89%Total risk-based capital ratio
Memoranda
$16Average assets
$106,702Average earning assets
$12,015Average equity
$97,115Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
442278
Security First Bank
663 W Nees Avenue, Fresno, CA 93711
Febuary 12, 2007
Full Service Brick and Mortar
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Security First Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: