FDIC Certificate #: 32119 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Western Sierra National Bank (#24903) Federal Reserve ID: 598972 Date Established: January 01, 1980 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 7873 FDIC's unique #: 44953 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: March 30, 1982 Last Structure Change Effective Date: May 31, 2000 Last Structure Change Process Date: June 16, 2000 Last Data Update: June 16, 2000 Data Source Date: April 05, 2012
Location
Address: 229 South Washington Street, Sonora, CA 95370 County: Tuolumne 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 Core Based Statistical Area (CBSA): Phoenix Lake-Cedar Ridge, CA (#38020) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $91.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
48Total employees (full-time equivalent)
$92,623Total assets
$5,355Cash and due from depository institutions
$835Interest-bearing balances
$23,354Securities
$600Federal funds sold & reverse repurchase agreements
$60,015Net loans & leases
$655Loan loss allowance
$0Trading account assets
$1,100Bank premises and fixed assets
$0Other real estate owned
$310Goodwill and other intangibles
$0Life insurance assets
$1,889All other assets
$92,623Total liabilities and capital
$87,213Total liabilities
$77,899Total deposits
$70,142Interest-bearing deposits
$77,899Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$9,033Other borrowed funds
$0Subordinated debt
$281All other liabilities
$5,410Total equity capital
$5,410Total bank equity capital
$5,410Perpetual preferred stock
$0Common stock
$2,417Surplus
$484Undivided profits
Memoranda
$2,509Noncurrent loans and leases
$14,716Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$176Earning assets
$0Long-term assets (5+ years)
$427Average Assets, year-to-date
$84,804Average Assets, quarterly
$0Volatile liabilities
$92,945Insider loans
$92,301FHLB advances
$26,604Loans and leases held for sale
$1,095Unused loan commitments
$9,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$14,716Total unused commitments
$393Restructured Loans and leases
$655Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$6,911Total interest income
$3,123Total interest expense
$3,788Net interest income
$380Provision for loan and lease losses
$567Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$567Additional noninterest income
$3,242Total noninterest expense
$1,654Salaries and employee benefits
$891Premises and equipment expense
$697Additional noninterest expense
$733Pre-tax net operating income
-$44Securities gains (losses)
$187Applicable income taxes
$502Income before extraordinary items
$0Extraordinary gains - net
$502Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$280Sale, conversion, retirement of capital stock, net
$149Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.05%Yield on earning assets
3.64%Cost of funding earning assets
4.41%Net interest margin
0.66%Noninterest income to earning assets
3.78%Noninterest expense to earning assets
0.57%Net operating income to assets
0.54%Return on assets (ROA)
0.74%Pretax return on assets
9.38%Return on equity (ROE)
6.60%Retained earnings to average equity (YTD only)
0.49%Net charge-offs to loans
135.71%Credit loss provision to net charge-offs
3.98%Efficiency ratio
74,076Assets per employee
1.93%Cash dividends to net income (YTD only)
Condition Ratios (%)
29.68%Loss allowance to loans
1.08%Loss allowance to noncurrent loans
372.16%Noncurrent assets plus other real estate owned to assets
0.19%Noncurrent loans to loans
0.29%Net loans and leases to deposits
77.04%Net loans and leases to core deposits
99.48%Equity capital to assets
5.84%Core capital (leverage) ratio
6.02%Tier 1 risk-based capital ratio
9.74%Total risk-based capital ratio
Memoranda
$11Average assets
$92,945Average earning assets
$5,351Average equity
$85,874Average loans
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