American Continental Bank in City Of Industry, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • American Continental Bank in City Of Industry, California (CA)
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American Continental Bank - Overview

  • General
  • FDIC Certificate #: 57444
    Status: Active
    Federal Reserve ID: 3216316
    Date Established: October 06, 2003
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 363724
    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: October 06, 2003
    Last Structure Change Effective Date: March 12, 2007
    Last Structure Change Process Date: March 12, 2007
    Last Data Update: March 12, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 17700 Castleton Street, Suite 100, City Of Industry, CA 91748
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    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: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $129.1 mil
    Equity capital: $19.1 mil
    Deposits held in domestic offices: $108.5 mil
    Return on assets (ROA): 0.46% ($0.6 mil)
    Quarterly return on assets: 0.43% ($0.6 mil)
    Return on Equity (ROE): 3.21% ($0.6 mil)
    Quarterly return on equity: 3.00% ($0.6 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.78% ($1,006.8 mil)
    Quarterly Pretax return on assets: 0.73% ($942.3 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, 2011)

  • Dollar figures in thousands
  • 26Total employees (full-time equivalent)
  • $129,081Total assets
  • $19,291Cash and due from depository institutions
  • $18,605Interest-bearing balances
  • $17,309Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $86,755Net loans & leases
  • $2,230Loan loss allowance
  • $0Trading account assets
  • $376Bank premises and fixed assets
  • $3,063Other real estate owned
  • $482Goodwill and other intangibles
  • $129,081Life insurance assets
  • $1,805All other assets
  • $109,958Total liabilities and capital
  • $108,530Total liabilities
  • $99,063Total deposits
  • $108,530Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,428Subordinated debt
  • $19,123All other liabilities
  • $19,123Total equity capital
  • $19,123Total bank equity capital
  • $0Perpetual preferred stock
  • $18,130Common stock
  • $195Surplus
  • $798Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,243Income earned, not collected on loans
  • $0Earning assets
  • $337Long-term assets (5+ years)
  • $122,669Average Assets, year-to-date
  • $11,524Average Assets, quarterly
  • $130,919Volatile liabilities
  • $132,667Insider loans
  • $95,472FHLB advances
  • $130,092Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,884Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,631Restructured Loans and leases
  • $1,148Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,318Total interest income
  • $1,269Total interest expense
  • $4,049Net interest income
  • $745Provision for loan and lease losses
  • $1,478Total noninterest income
  • $0Fiduciary activities
  • $24Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,454Additional noninterest income
  • $3,761Total noninterest expense
  • $1,928Salaries and employee benefits
  • $705Premises and equipment expense
  • $1,128Additional noninterest expense
  • $1,021Pre-tax net operating income
  • $0Securities gains (losses)
  • $418Applicable income taxes
  • $603Income before extraordinary items
  • $0Extraordinary gains - net
  • $603Net income attributable to bank
  • $0Net charge-offs
  • $603Cash dividends
  • $1,353Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.21%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 3.21%Net interest margin
  • 1.17%Noninterest income to earning assets
  • 2.98%Noninterest expense to earning assets
  • 0.46%Net operating income to assets
  • 0.46%Return on assets (ROA)
  • 0.78%Pretax return on assets
  • 3.21%Return on equity (ROE)
  • 3.21%Retained earnings to average equity (YTD only)
  • 1.47%Net charge-offs to loans
  • 55.06%Credit loss provision to net charge-offs
  • 1.31%Efficiency ratio
  • 68,048Assets per employee
  • 4.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.51%Loss allowance to noncurrent loans
  • 42.53%Noncurrent assets plus other real estate owned to assets
  • 6.43%Noncurrent loans to loans
  • 5.89%Net loans and leases to deposits
  • 79.94%Net loans and leases to core deposits
  • 101.53%Equity capital to assets
  • 14.81%Core capital (leverage) ratio
  • 14.52%Tier 1 risk-based capital ratio
  • 19.78%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $130,919Average earning assets
  • $18,772Average equity
  • $126,212Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0363724American Continental Bank17700 Castleton Street, Suite 100, City Of Industry, CA 91748October 06, 2003Full Service Brick and Mortar
    1456246San Gabriel Branch1008 E. Las Tunas Drive, Suite A, San Gabriel, CA 91776October 23, 2006Full Service Brick and Mortar
    2478833Chino Hills Branch2983 Chino Avenue, Suite A6, Chino Hills, CA 91709March 06, 2008Full Service Brick and Mortar

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