FDIC Certificate #: 32908 Status: Active Federal Reserve ID: 1418255 Bank Holding Company (Regulatory Top Holder): Saddleback Bancorp (RSSDID: 3591611, Location: Tustin, CA) Date Established: April 23, 1981 WWW:http://www.tustincmtybank.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) OTS Docket #: 15161 FDIC's unique #: 45821 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 16, 1990 Last Structure Change Effective Date: July 26, 2007 Last Structure Change Process Date: September 17, 2007 Last Data Update: September 17, 2007 Data Source Date: April 05, 2012
Location
Address: 13891 Newport Avenue, Suites 100 & 130, Tustin, CA 92780 County: Orange 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): Orange County, CA (#5945) 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): Los Angeles-Long Beach-Santa Ana, CA (#31100) CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100) Core Based Statistical Division: Santa Ana-Anaheim-Irvine, CA (#42044)
History of Changes
Change in Entity Type
Financial Summary
Total assets: $57.1 mil Equity capital: $8.1 mil Deposits held in domestic offices: $46.1 mil Return on assets (ROA): 2.23% ($1.3 mil) Quarterly return on assets: 2.27% ($1.3 mil) Return on Equity (ROE): 16.01% ($1.3 mil) Quarterly return on equity: 15.85% ($1.3 mil) Net income: $1.3 mil Quarterly Net income: $0.3 mil Pretax return on assets: 2.31% ($1,318.4 mil) Quarterly Pretax return on assets: 2.36% ($1,347.0 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2011)
Dollar figures in thousands
27Total employees (full-time equivalent)
$57,075Total assets
$9,744Cash and due from depository institutions
$8,772Interest-bearing balances
$75Securities
$0Federal funds sold & reverse repurchase agreements
$46,159Net loans & leases
$2,050Loan loss allowance
$0Trading account assets
$243Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$57,075Life insurance assets
$854All other assets
$48,965Total liabilities and capital
$46,096Total liabilities
$45,156Total deposits
$46,096Interest-bearing deposits
$95Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,500Trading liabilities
$0Other borrowed funds
$369Subordinated debt
$8,110All other liabilities
$8,110Total equity capital
$8,110Total bank equity capital
$0Perpetual preferred stock
$2,000Common stock
$2,550Surplus
$3,560Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$32Income earned, not collected on loans
$0Earning assets
$241Long-term assets (5+ years)
$55,006Average Assets, year-to-date
$9,495Average Assets, quarterly
$58,658Volatile liabilities
$57,672Insider loans
$50,016FHLB advances
$57,823Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$8,110Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,661Restructured Loans and leases
$240Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$5,225Total interest income
$603Total interest expense
$4,622Net interest income
$332Provision for loan and lease losses
$225Total noninterest income
$0Fiduciary activities
$2Service charges on deposit accounts
$0Trading account gains & fees
$223Additional noninterest income
$3,162Total noninterest expense
$1,701Salaries and employee benefits
$331Premises and equipment expense
$1,130Additional noninterest expense
$1,353Pre-tax net operating income
$0Securities gains (losses)
$47Applicable income taxes
$1,306Income before extraordinary items
$0Extraordinary gains - net
$1,306Net income attributable to bank
$0Net charge-offs
$1,306Cash dividends
$217Sale, conversion, retirement of capital stock, net
$1,138Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.25%Yield on earning assets
1.07%Cost of funding earning assets
8.18%Net interest margin
0.40%Noninterest income to earning assets
5.60%Noninterest expense to earning assets
2.23%Net operating income to assets
2.23%Return on assets (ROA)
2.31%Pretax return on assets
16.01%Return on equity (ROE)
2.06%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
153.00%Credit loss provision to net charge-offs
7.76%Efficiency ratio
65,236Assets per employee
2.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
87.14%Loss allowance to loans
4.25%Loss allowance to noncurrent loans
6406.25%Noncurrent assets plus other real estate owned to assets
0.06%Noncurrent loans to loans
0.07%Net loans and leases to deposits
100.14%Net loans and leases to core deposits
103.90%Equity capital to assets
14.21%Core capital (leverage) ratio
14.03%Tier 1 risk-based capital ratio
16.21%Total risk-based capital ratio
Memoranda
$18Average assets
$58,658Average earning assets
$8,159Average equity
$56,494Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
45821
Tustin Community Bank
13891 Newport Avenue, Suites 100 & 130, Tustin, CA 92780
April 23, 1981
Full Service Brick and Mortar
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