Asahi Bank of California in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 31, 2002

  • Asahi Bank of California in Los Angeles, California (CA)
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Asahi Bank of California - Overview

  • General
  • FDIC Certificate #: 22671
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Imperial Capital Bank (#26348)
    Federal Reserve ID: 842367
    Date Established: June 26, 1978
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 15823
    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 26, 1978
    Last Structure Change Effective Date: January 31, 2002
    Last Structure Change Process Date: Febuary 12, 2002
    Last Data Update: Febuary 12, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 350 South Grand Avenue - 38th Floor, Los Angeles, CA 90071
    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: $72.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)

  • Dollar figures in thousands
  • 20Total employees (full-time equivalent)
  • $72,288Total assets
  • $27,136Cash and due from depository institutions
  • $23,800Interest-bearing balances
  • $818Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $37,562Net loans & leases
  • $1,639Loan loss allowance
  • $0Trading account assets
  • $47Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,725All other assets
  • $72,288Total liabilities and capital
  • $58,054Total liabilities
  • $36,265Total deposits
  • $30,524Interest-bearing deposits
  • $36,265Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $20,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,789All other liabilities
  • $14,234Total equity capital
  • $14,234Total bank equity capital
  • $14,234Perpetual preferred stock
  • $0Common stock
  • $9,240Surplus
  • $3,000Undivided profits
  • Memoranda
  • $1,994Noncurrent loans and leases
  • $2,347Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,684Earning assets
  • $0Long-term assets (5+ years)
  • $173Average Assets, year-to-date
  • $67,180Average Assets, quarterly
  • $1,436Volatile liabilities
  • $83,123Insider loans
  • $76,627FHLB advances
  • $28,246Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $2,347Total unused commitments
  • $0Restructured Loans and leases
  • $573Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $4,887Total interest income
  • $1,379Total interest expense
  • $3,508Net interest income
  • -$7Provision for loan and lease losses
  • $101Total noninterest income
  • $0Fiduciary activities
  • $28Service charges on deposit accounts
  • $0Trading account gains & fees
  • $73Additional noninterest income
  • $4,744Total noninterest expense
  • $2,428Salaries and employee benefits
  • $511Premises and equipment expense
  • $1,805Additional noninterest expense
  • -$1,128Pre-tax net operating income
  • $0Securities gains (losses)
  • -$407Applicable income taxes
  • -$721Income before extraordinary items
  • $0Extraordinary gains - net
  • -$721Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $500Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.11%Yield on earning assets
  • 1.72%Cost of funding earning assets
  • 4.39%Net interest margin
  • 0.13%Noninterest income to earning assets
  • 5.93%Noninterest expense to earning assets
  • -0.87%Net operating income to assets
  • -0.87%Return on assets (ROA)
  • -1.36%Pretax return on assets
  • -3.42%Return on equity (ROE)
  • -5.80%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 131,449Assets per employee
  • 3.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -69.35%Loss allowance to loans
  • 4.18%Loss allowance to noncurrent loans
  • 97.33%Noncurrent assets plus other real estate owned to assets
  • 2.33%Noncurrent loans to loans
  • 4.30%Net loans and leases to deposits
  • 103.58%Net loans and leases to core deposits
  • 134.06%Equity capital to assets
  • 19.69%Core capital (leverage) ratio
  • 14.84%Tier 1 risk-based capital ratio
  • 29.71%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $83,123Average earning assets
  • $21,063Average equity
  • $79,973Average loans

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