FDIC Certificate #: 24643 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First National Bank of Central California (#25185) Federal Reserve ID: 394969 Date Established: August 15, 1983 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 5 (Interstate: No) OTS Docket #: 10343 FDIC's unique #: 17109 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: August 15, 1983 Last Structure Change Effective Date: October 14, 1998 Last Structure Change Process Date: December 07, 1998 Last Data Update: December 07, 1998 Data Source Date: April 05, 2012
Location
Address: 500 Tennant Station, Morgan Hill, CA 95037 County: Santa Clara 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 Jose, CA (#7400) 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 Jose-Sunnyvale-Santa Clara, CA (#41940) CBSA Metro Statistical Area: San Jose-Sunnyvale-Santa Clara, CA (#41940)
Financial Summary
Total assets: $234.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
58Total employees (full-time equivalent)
$222,295Total assets
$21,035Cash and due from depository institutions
$99Interest-bearing balances
$60,364Securities
$8,925Federal funds sold & reverse repurchase agreements
$122,357Net loans & leases
$1,745Loan loss allowance
$0Trading account assets
$5,650Bank premises and fixed assets
$1,213Other real estate owned
$299Goodwill and other intangibles
$0Life insurance assets
$2,452All other assets
$222,295Total liabilities and capital
$204,265Total liabilities
$201,985Total deposits
$145,430Interest-bearing deposits
$201,985Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$776Other borrowed funds
$0Subordinated debt
$1,504All other liabilities
$18,030Total equity capital
$18,030Total bank equity capital
$18,030Perpetual preferred stock
$0Common stock
$2,000Surplus
$2,000Undivided profits
Memoranda
$14,030Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,180Earning assets
$28Long-term assets (5+ years)
$793Average Assets, year-to-date
$191,745Average Assets, quarterly
$60,138Volatile liabilities
$204,882Insider loans
$218,851FHLB advances
$30,860Loans and leases held for sale
$102Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,255Total risk weighted assets
$58,488Total unused commitments
$0Restructured Loans and leases
$155,898Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$17,038Total interest income
$5,150Total interest expense
$11,888Net interest income
$815Provision for loan and lease losses
$1,062Total noninterest income
$0Fiduciary activities
$890Service charges on deposit accounts
$0Trading account gains & fees
$172Additional noninterest income
$7,284Total noninterest expense
$2,551Salaries and employee benefits
$1,170Premises and equipment expense
$3,563Additional noninterest expense
$4,851Pre-tax net operating income
$11Securities gains (losses)
$1,985Applicable income taxes
$2,877Income before extraordinary items
$0Extraordinary gains - net
$2,877Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$512Sale, conversion, retirement of capital stock, net
$1,295Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.54%Yield on earning assets
2.88%Cost of funding earning assets
6.65%Net interest margin
0.59%Noninterest income to earning assets
4.08%Noninterest expense to earning assets
1.40%Net operating income to assets
1.40%Return on assets (ROA)
2.37%Pretax return on assets
16.53%Return on equity (ROE)
9.09%Retained earnings to average equity (YTD only)
0.41%Net charge-offs to loans
159.18%Credit loss provision to net charge-offs
11.07%Efficiency ratio
55,923Assets per employee
3.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
45.01%Loss allowance to loans
1.41%Loss allowance to noncurrent loans
147.88%Noncurrent assets plus other real estate owned to assets
0.53%Noncurrent loans to loans
0.95%Net loans and leases to deposits
60.58%Net loans and leases to core deposits
71.31%Equity capital to assets
8.11%Core capital (leverage) ratio
8.03%Tier 1 risk-based capital ratio
11.28%Total risk-based capital ratio
Memoranda
$12Average assets
$204,882Average earning assets
$17,406Average equity
$178,641Average loans
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