FDIC Certificate #: 26907 Status: Inactive Closing history: Participated in Reorganization Acquiring institution:First National Bank of Northern California (#18767) Federal Reserve ID: 243870 Date Established: March 02, 1987 WWW:http://www.sequoianationalbank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 2 (Interstate: No) OTS Docket #: 8992 FDIC's unique #: 36255 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: No Date of Deposit Insurance: March 02, 1987 Last Structure Change Effective Date: April 30, 2005 Last Structure Change Process Date: May 17, 2005 Last Data Update: May 17, 2005 Data Source Date: April 05, 2012
Location
Address: 65 Post Street, San Francisco, CA 94104 County: San Francisco Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Francisco, CA (#7360) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860) CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860) Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
History of Changes
Merger - Without Assistance
Participated in Reorganization
Financial Summary
Total assets: $64.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
12Total employees (full-time equivalent)
$64,398Total assets
$626Cash and due from depository institutions
$203Interest-bearing balances
$10,489Securities
$6,700Federal funds sold & reverse repurchase agreements
$44,909Net loans & leases
$690Loan loss allowance
$0Trading account assets
$139Bank premises and fixed assets
$0Other real estate owned
$113Goodwill and other intangibles
$0Life insurance assets
$1,422All other assets
$64,398Total liabilities and capital
$57,391Total liabilities
$57,029Total deposits
$49,991Interest-bearing deposits
$57,029Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$362All other liabilities
$7,007Total equity capital
$7,007Total bank equity capital
$7,007Perpetual preferred stock
$0Common stock
$4,750Surplus
$7,075Undivided profits
Memoranda
$-4,818Noncurrent loans and leases
$5,022Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$260Average Assets, year-to-date
$62,301Average Assets, quarterly
$11,771Volatile liabilities
$66,716Insider loans
$64,980FHLB advances
$8,668Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,022Total unused commitments
$0Restructured Loans and leases
$482Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$3,357Total interest income
$869Total interest expense
$2,488Net interest income
$0Provision for loan and lease losses
$349Total noninterest income
$0Fiduciary activities
$80Service charges on deposit accounts
$0Trading account gains & fees
$269Additional noninterest income
$2,596Total noninterest expense
$987Salaries and employee benefits
$410Premises and equipment expense
$1,199Additional noninterest expense
$241Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$240Income before extraordinary items
$0Extraordinary gains - net
$240Net 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, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.29%Yield on earning assets
1.37%Cost of funding earning assets
3.92%Net interest margin
0.55%Noninterest income to earning assets
4.09%Noninterest expense to earning assets
0.36%Net operating income to assets
0.36%Return on assets (ROA)
0.36%Pretax return on assets
3.50%Return on equity (ROE)
3.50%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
91,505Assets per employee
5.37%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
78.75%Net loans and leases to core deposits
92.86%Equity capital to assets
10.88%Core capital (leverage) ratio
10.68%Tier 1 risk-based capital ratio
18.29%Total risk-based capital ratio
Memoranda
$20Average assets
$66,716Average earning assets
$6,860Average equity
$63,494Average loans
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