FDIC Certificate #: 58098 Status: Active Federal Reserve ID: 3367964 Date Established: December 19, 2005 WWW:http://www.bankofsantabarbara.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 439659 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: December 19, 2005 Last Structure Change Effective Date: April 08, 2011 Last Structure Change Process Date: April 08, 2011 Last Data Update: April 08, 2011 Data Source Date: April 05, 2012
Location
Address: 12 East Figueroa Street, Santa Barbara, CA 93101 County: Santa Barbara Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Santa Barbara-Santa Maria-Lompoc, CA (#7480) Core Based Statistical Area (CBSA): Santa Barbara-Santa Maria-Goleta, CA (#42060) CBSA Metro Statistical Area: Santa Barbara-Santa Maria-Goleta, CA (#42060)
History of Changes
Name Change
Financial Summary
Total assets: $101.1 mil Equity capital: $13.3 mil Deposits held in domestic offices: $87.5 mil Return on assets (ROA): 0.85% ($0.9 mil) Quarterly return on assets: 0.59% ($0.6 mil) Return on Equity (ROE): 8.24% ($1.1 mil) Quarterly return on equity: 4.66% ($0.6 mil) Net income: $0.9 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.86% ($869.7 mil) Quarterly Pretax return on assets: 0.59% ($596.6 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
22Total employees (full-time equivalent)
$101,123Total assets
$18,639Cash and due from depository institutions
$13,516Interest-bearing balances
$7,669Securities
$0Federal funds sold & reverse repurchase agreements
$72,359Net loans & leases
$1,358Loan loss allowance
$0Trading account assets
$445Bank premises and fixed assets
$607Other real estate owned
$0Goodwill and other intangibles
$101,124Life insurance assets
$1,404All other assets
$87,807Total liabilities and capital
$87,518Total liabilities
$65,871Total deposits
$87,518Interest-bearing deposits
$77Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$289Subordinated debt
$13,317All other liabilities
$13,317Total equity capital
$13,317Total bank equity capital
$1,865Perpetual preferred stock
$18,129Common stock
$0Surplus
$-6,677Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$887Income earned, not collected on loans
$0Earning assets
$308Long-term assets (5+ years)
$93,544Average Assets, year-to-date
$22,078Average Assets, quarterly
$103,726Volatile liabilities
$104,491Insider loans
$83,746FHLB advances
$102,596Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$13,345Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,281Restructured Loans and leases
$3,230Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,537Total interest income
$626Total interest expense
$3,911Net interest income
$0Provision for loan and lease losses
$1,028Total noninterest income
$0Fiduciary activities
$111Service charges on deposit accounts
$0Trading account gains & fees
$917Additional noninterest income
$4,052Total noninterest expense
$2,012Salaries and employee benefits
$513Premises and equipment expense
$1,527Additional noninterest expense
$887Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
$886Income before extraordinary items
$0Extraordinary gains - net
$886Net income attributable to bank
$0Net charge-offs
$886Cash dividends
$100Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.74%Yield on earning assets
0.65%Cost of funding earning assets
4.09%Net interest margin
1.07%Noninterest income to earning assets
4.24%Noninterest expense to earning assets
0.85%Net operating income to assets
0.85%Return on assets (ROA)
0.86%Pretax return on assets
8.24%Return on equity (ROE)
8.24%Retained earnings to average equity (YTD only)
0.14%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
8.87%Efficiency ratio
82,041Assets per employee
4.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.84%Loss allowance to noncurrent loans
153.10%Noncurrent assets plus other real estate owned to assets
1.48%Noncurrent loans to loans
1.20%Net loans and leases to deposits
82.68%Net loans and leases to core deposits
84.78%Equity capital to assets
13.17%Core capital (leverage) ratio
13.01%Tier 1 risk-based capital ratio
15.94%Total risk-based capital ratio
Memoranda
$17Average assets
$103,726Average earning assets
$10,755Average equity
$95,676Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
439659
The Bank Of Santa Barbara
12 East Figueroa Street, Santa Barbara, CA 93101
December 19, 2005
Full Service Brick and Mortar
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