United American Bank in Westminster, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 17, 1994

  • United American Bank in Westminster, California (CA)
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United American Bank - Overview

  • General
  • FDIC Certificate #: 24499
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: GBC International Bank (#22366)
    Federal Reserve ID: 23867
    Date Established: June 01, 1983
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17026
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 01, 1983
    Last Structure Change Effective Date: October 17, 1994
    Last Structure Change Process Date: October 31, 1994
    Last Data Update: October 31, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 9113 Bolsa Avenue, Westminster, CA 92683
    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)
  • Financial Summary
  • Total assets: $29.4 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $34,017Cash and due from depository institutions
  • $3,071Interest-bearing balances
  • $1,485Securities
  • $604Federal funds sold & reverse repurchase agreements
  • $6,560Net loans & leases
  • $20,852Loan loss allowance
  • $485Trading account assets
  • $0Bank premises and fixed assets
  • $2,202Other real estate owned
  • $525Goodwill and other intangibles
  • $203Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $34,017Total liabilities
  • $31,404Total deposits
  • $31,280Interest-bearing deposits
  • $25,397Deposits held in domestic offices
  • 31280.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $124Total equity capital
  • $124Total bank equity capital
  • $2,613Perpetual preferred stock
  • $0Common stock
  • $3,625Surplus
  • $1,103Undivided profits
  • Memoranda
  • $-2,115Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $769Income earned, not collected on loans
  • $108Earning assets
  • $29,501Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $34,272Average Assets, quarterly
  • $34,742Volatile liabilities
  • $5,530Insider loans
  • $1FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $952Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,613Total risk weighted assets
  • $25,108Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,332Total interest expense
  • $716Net interest income
  • $1,616Provision for loan and lease losses
  • $254Total noninterest income
  • $402Fiduciary activities
  • $0Service charges on deposit accounts
  • $251Trading account gains & fees
  • $0Additional noninterest income
  • $151Total noninterest expense
  • $2,654Salaries and employee benefits
  • $1,053Premises and equipment expense
  • $651Additional noninterest expense
  • $950Pre-tax net operating income
  • -$890Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$890Extraordinary gains - net
  • $0Net income attributable to bank
  • -$890Net charge-offs
  • $24Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.84%Cost of funding earning assets
  • 2.41%Net interest margin
  • 5.43%Noninterest income to earning assets
  • 1.35%Noninterest expense to earning assets
  • 8.92%Net operating income to assets
  • -2.60%Return on assets (ROA)
  • -2.60%Pretax return on assets
  • -2.60%Return on equity (ROE)
  • -27.62%Retained earnings to average equity (YTD only)
  • -27.62%Net charge-offs to loans
  • 0.11%Credit loss provision to net charge-offs
  • 1058.33%Efficiency ratio
  • 131,516Assets per employee
  • 1.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.27%Loss allowance to noncurrent loans
  • 63.07%Noncurrent assets plus other real estate owned to assets
  • 3.80%Noncurrent loans to loans
  • 3.60%Net loans and leases to deposits
  • 66.66%Net loans and leases to core deposits
  • 80.98%Equity capital to assets
  • 7.68%Core capital (leverage) ratio
  • 8.72%Tier 1 risk-based capital ratio
  • 10.41%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $34,272Average earning assets
  • $3,222Average equity
  • $29,739Average loans

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