American Pacific State Bank in Sherman Oaks, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 27, 1999

  • American Pacific State Bank in Sherman Oaks, California (CA)
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American Pacific State Bank - Overview

  • General
  • FDIC Certificate #: 20393
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: City National Bank (#17281)
    Federal Reserve ID: 660767
    Date Established: March 22, 1971
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 14051
    Numeric code: 13
    Regulator: FED
    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: March 22, 1971
    Last Structure Change Effective Date: August 27, 1999
    Last Structure Change Process Date: September 09, 1999
    Last Data Update: September 09, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 15260 Ventura Boulevard, Suite 1600, Sherman Oaks, CA 91403
    County: Los Angeles
    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): 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: $442.3 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 163Total employees (full-time equivalent)
  • $399,210Total assets
  • $17,842Cash and due from depository institutions
  • $15Interest-bearing balances
  • $87,550Securities
  • $57,000Federal funds sold & reverse repurchase agreements
  • $224,446Net loans & leases
  • $3,500Loan loss allowance
  • $0Trading account assets
  • $3,814Bank premises and fixed assets
  • $324Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $8,234All other assets
  • $399,210Total liabilities and capital
  • $369,346Total liabilities
  • $359,533Total deposits
  • $318,601Interest-bearing deposits
  • $359,533Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $5,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,348Other borrowed funds
  • $0Subordinated debt
  • $3,465All other liabilities
  • $29,864Total equity capital
  • $29,864Total bank equity capital
  • $29,864Perpetual preferred stock
  • $0Common stock
  • $22,498Surplus
  • $0Undivided profits
  • Memoranda
  • $7,366Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,865Earning assets
  • $0Long-term assets (5+ years)
  • $1,403Average Assets, year-to-date
  • $369,011Average Assets, quarterly
  • $71,953Volatile liabilities
  • $371,959Insider loans
  • $387,333FHLB advances
  • $88,177Loans and leases held for sale
  • $2,158Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $31,105Total unused commitments
  • $0Restructured Loans and leases
  • $282,892Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $26,516Total interest income
  • $10,304Total interest expense
  • $16,212Net interest income
  • $205Provision for loan and lease losses
  • $5,830Total noninterest income
  • $0Fiduciary activities
  • $3,730Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,100Additional noninterest income
  • $15,967Total noninterest expense
  • $8,200Salaries and employee benefits
  • $3,163Premises and equipment expense
  • $4,604Additional noninterest expense
  • $5,870Pre-tax net operating income
  • $298Securities gains (losses)
  • $2,071Applicable income taxes
  • $4,097Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,097Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $298Sale, conversion, retirement of capital stock, net
  • $2,196Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.85%Yield on earning assets
  • 3.05%Cost of funding earning assets
  • 4.80%Net interest margin
  • 1.73%Noninterest income to earning assets
  • 4.73%Noninterest expense to earning assets
  • 1.05%Net operating income to assets
  • 1.10%Return on assets (ROA)
  • 1.66%Pretax return on assets
  • 14.05%Return on equity (ROE)
  • 6.52%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 68.79%Credit loss provision to net charge-offs
  • 20.39%Efficiency ratio
  • 72,439Assets per employee
  • 2.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 53.60%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 187.67%Noncurrent assets plus other real estate owned to assets
  • 0.55%Noncurrent loans to loans
  • 0.82%Net loans and leases to deposits
  • 62.43%Net loans and leases to core deposits
  • 81.19%Equity capital to assets
  • 7.48%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 10.57%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $371,959Average earning assets
  • $29,154Average equity
  • $337,916Average loans

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