Alta Alliance Bank in Oakland, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2010

  • Alta Alliance Bank in Oakland, California (CA)
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Alta Alliance Bank - Overview

  • General
  • FDIC Certificate #: 58400
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Torrey Pines Bank (#57577)
    Federal Reserve ID: 3454613
    Date Established: October 16, 2006
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 450800
    Numeric code: 13
    Regulator: FED
    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: October 16, 2006
    Last Structure Change Effective Date: December 31, 2010
    Last Structure Change Process Date: January 05, 2011
    Last Data Update: January 05, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1951 Webster Street, Oakland, CA 94612
    County: Alameda
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Oakland, CA (#5775)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: Oakland-Fremont-Hayward, CA (#36084)
  • Financial Summary
  • Total assets: $213.3 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, 2009)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $176,252Total assets
  • $5,881Cash and due from depository institutions
  • $3,929Interest-bearing balances
  • $50,331Securities
  • $225Federal funds sold & reverse repurchase agreements
  • $102,399Net loans & leases
  • $2,694Loan loss allowance
  • $0Trading account assets
  • $6,067Bank premises and fixed assets
  • $442Other real estate owned
  • $0Goodwill and other intangibles
  • $3,276Life insurance assets
  • $10,907All other assets
  • $176,252Total liabilities and capital
  • $150,792Total liabilities
  • $150,450Total deposits
  • $140,167Interest-bearing deposits
  • $150,450Deposits held in domestic offices
  • 82.59%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $342All other liabilities
  • $25,460Total equity capital
  • $25,460Total bank equity capital
  • $25,460Perpetual preferred stock
  • $0Common stock
  • $25,000Surplus
  • $13,911Undivided profits
  • Memoranda
  • $-13,451Noncurrent loans and leases
  • $21,502Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,777Earning assets
  • $0Long-term assets (5+ years)
  • $590Average Assets, year-to-date
  • $156,884Average Assets, quarterly
  • $50,660Volatile liabilities
  • $163,501Insider loans
  • $176,212FHLB advances
  • $49,606Loans and leases held for sale
  • $771Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $21,502Total unused commitments
  • $0Restructured Loans and leases
  • $1,447Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $7,758Total interest income
  • $2,700Total interest expense
  • $5,058Net interest income
  • $4,513Provision for loan and lease losses
  • $368Total noninterest income
  • $0Fiduciary activities
  • $99Service charges on deposit accounts
  • $0Trading account gains & fees
  • $269Additional noninterest income
  • $7,722Total noninterest expense
  • $4,346Salaries and employee benefits
  • $1,047Premises and equipment expense
  • $2,329Additional noninterest expense
  • -$6,809Pre-tax net operating income
  • -$521Securities gains (losses)
  • -$3,023Applicable income taxes
  • -$4,307Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,307Net income attributable to bank
  • $0Net charge-offs
  • -$4,307Cash dividends
  • $3,055Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.40%Yield on earning assets
  • 1.88%Cost of funding earning assets
  • 3.52%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 5.37%Noninterest expense to earning assets
  • -2.43%Net operating income to assets
  • -2.63%Return on assets (ROA)
  • -4.48%Pretax return on assets
  • -22.01%Return on equity (ROE)
  • -22.01%Retained earnings to average equity (YTD only)
  • 3.05%Net charge-offs to loans
  • 147.73%Credit loss provision to net charge-offs
  • -0.75%Efficiency ratio
  • 142,315Assets per employee
  • 6.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.56%Loss allowance to noncurrent loans
  • 151.60%Noncurrent assets plus other real estate owned to assets
  • 1.26%Noncurrent loans to loans
  • 1.69%Net loans and leases to deposits
  • 68.06%Net loans and leases to core deposits
  • 101.54%Equity capital to assets
  • 14.45%Core capital (leverage) ratio
  • 12.66%Tier 1 risk-based capital ratio
  • 19.31%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $163,501Average earning assets
  • $19,568Average equity
  • $143,671Average loans

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