Ventura County National Bank in Oxnard, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 17, 1997

  • Ventura County National Bank in Oxnard, California (CA)
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Ventura County National Bank - Overview

  • General
  • FDIC Certificate #: 24178
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank (#17281)
    Federal Reserve ID: 1002168
    Date Established: October 25, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 9450
    FDIC's unique #: 16832
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: October 25, 1982
    Last Structure Change Effective Date: January 17, 1997
    Last Structure Change Process Date: Febuary 04, 1997
    Last Data Update: Febuary 04, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 500 Esplanade Drive, Oxnard, CA 93030
    County: Ventura
    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): Ventura, CA (#8735)
    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): Oxnard-Thousand Oaks-Ventura, CA (#37100)
    CBSA Metro Statistical Area: Oxnard-Thousand Oaks-Ventura, CA (#37100)
  • Financial Summary
  • Total assets: $192.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $76Total assets
  • $192,755Cash and due from depository institutions
  • $13,929Interest-bearing balances
  • $0Securities
  • $25,352Federal funds sold & reverse repurchase agreements
  • $34,900Net loans & leases
  • $113,340Loan loss allowance
  • $3,557Trading account assets
  • $0Bank premises and fixed assets
  • $969Other real estate owned
  • $734Goodwill and other intangibles
  • $3,531Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $192,755Total liabilities
  • $173,506Total deposits
  • $171,565Interest-bearing deposits
  • $111,636Deposits held in domestic offices
  • 171565.00%% insured (estimated)
  • $73Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $450Subordinated debt
  • $0All other liabilities
  • $1,491Total equity capital
  • $1,491Total bank equity capital
  • $19,249Perpetual preferred stock
  • $0Common stock
  • $4,677Surplus
  • $5,840Undivided profits
  • Memoranda
  • $8,732Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,391Income earned, not collected on loans
  • $802Earning assets
  • $173,592Long-term assets (5+ years)
  • $32,638Average Assets, year-to-date
  • $184,057Average Assets, quarterly
  • $187,292Volatile liabilities
  • $33,355Insider loans
  • $1,967FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $49,578Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $19,637Total risk weighted assets
  • $134,809Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $13,936Total interest expense
  • $4,334Net interest income
  • $9,602Provision for loan and lease losses
  • $0Total noninterest income
  • $1,284Fiduciary activities
  • $3Service charges on deposit accounts
  • $824Trading account gains & fees
  • $0Additional noninterest income
  • $457Total noninterest expense
  • $8,543Salaries and employee benefits
  • $3,157Premises and equipment expense
  • $1,402Additional noninterest expense
  • $3,984Pre-tax net operating income
  • $2,343Securities gains (losses)
  • $0Applicable income taxes
  • $731Income before extraordinary items
  • $1,612Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,612Net charge-offs
  • $297Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.42%Cost of funding earning assets
  • 2.62%Net interest margin
  • 5.80%Noninterest income to earning assets
  • 0.78%Noninterest expense to earning assets
  • 5.16%Net operating income to assets
  • 0.88%Return on assets (ROA)
  • 0.88%Pretax return on assets
  • 1.27%Return on equity (ROE)
  • 8.83%Retained earnings to average equity (YTD only)
  • 8.83%Net charge-offs to loans
  • 0.27%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 78,477Assets per employee
  • 2.54%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.04%Loss allowance to noncurrent loans
  • 255.72%Noncurrent assets plus other real estate owned to assets
  • 1.10%Noncurrent loans to loans
  • 1.19%Net loans and leases to deposits
  • 66.06%Net loans and leases to core deposits
  • 81.74%Equity capital to assets
  • 9.99%Core capital (leverage) ratio
  • 10.32%Tier 1 risk-based capital ratio
  • 14.57%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $184,057Average earning assets
  • $18,260Average equity
  • $165,548Average loans

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