Temecula Valley Bank in Temecula, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 17, 2009

  • Temecula Valley Bank in Temecula, California (CA)
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Temecula Valley Bank - Overview

  • General
  • 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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