FDIC Certificate #: 34341 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:First-Citizens Bank & Trust Company (#11063) Federal Reserve ID: 2522681 Date Established: December 16, 1996 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 20 (Interstate: No) FDIC's unique #: 57100 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: December 16, 1996 Last Structure Change Effective Date: July 17, 2009 Last Structure Change Process Date: July 20, 2009 Last Data Update: July 20, 2009 Data Source Date: April 05, 2012
Location
Address: 27710 Jefferson Avenue, Suites #a100 And #a200, Temecula, CA 92590 County: Riverside 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): Riverside-San Bernardino, CA (#6780) 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): Riverside-San Bernardino-Ontario, CA (#40140) CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
Financial Summary
Total assets: $1,396.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
277Total employees (full-time equivalent)
$1,510,475Total assets
$23,816Cash and due from depository institutions
$1,218Interest-bearing balances
$23,451Securities
$0Federal funds sold & reverse repurchase agreements
$1,328,342Net loans & leases
$51,537Loan loss allowance
$0Trading account assets
$5,909Bank premises and fixed assets
$33,739Other real estate owned
$4,966Goodwill and other intangibles
$30,999Life insurance assets
$90,252All other assets
$1,510,475Total liabilities and capital
$1,411,834Total liabilities
$1,297,092Total deposits
$1,260,664Interest-bearing deposits
$1,297,092Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$101,900Other borrowed funds
$0Subordinated debt
$12,842All other liabilities
$98,641Total equity capital
$98,641Total bank equity capital
$98,641Perpetual preferred stock
$0Common stock
$4,592Surplus
$86,177Undivided profits
Memoranda
$7,872Noncurrent loans and leases
$277,113Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$114,243Earning assets
$3,681Long-term assets (5+ years)
$6,045Average Assets, year-to-date
$1,353,011Average Assets, quarterly
$133,190Volatile liabilities
$1,434,790Insider loans
$1,510,735FHLB advances
$312,924Loans and leases held for sale
$1,043Unused loan commitments
$88,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$280,483Total risk weighted assets
$277,113Total unused commitments
$0Restructured Loans and leases
$18,909Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$93,242Total interest income
$41,224Total interest expense
$52,018Net interest income
$78,432Provision for loan and lease losses
$1,297Total noninterest income
$0Fiduciary activities
$615Service charges on deposit accounts
$0Trading account gains & fees
$682Additional noninterest income
$46,413Total noninterest expense
$24,675Salaries and employee benefits
$5,424Premises and equipment expense
$16,314Additional noninterest expense
-$71,530Pre-tax net operating income
$0Securities gains (losses)
-$14,889Applicable income taxes
-$56,641Income before extraordinary items
$0Extraordinary gains - net
-$56,641Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$42,917Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.06%Yield on earning assets
3.12%Cost of funding earning assets
3.94%Net interest margin
0.10%Noninterest income to earning assets
3.52%Noninterest expense to earning assets
-3.95%Net operating income to assets
-3.95%Return on assets (ROA)
-4.99%Pretax return on assets
-40.98%Return on equity (ROE)
-40.98%Retained earnings to average equity (YTD only)
3.26%Net charge-offs to loans
182.75%Credit loss provision to net charge-offs
0.16%Efficiency ratio
87,054Assets per employee
5.45%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.73%Loss allowance to noncurrent loans
45.11%Noncurrent assets plus other real estate owned to assets
9.80%Noncurrent loans to loans
8.28%Net loans and leases to deposits
102.41%Net loans and leases to core deposits
134.97%Equity capital to assets
6.53%Core capital (leverage) ratio
6.03%Tier 1 risk-based capital ratio
6.25%Total risk-based capital ratio
Memoranda
$8Average assets
$1,434,790Average earning assets
$138,210Average equity
$1,320,277Average loans
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