FDIC Certificate #: 18255 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Compass Bank (#19048) Federal Reserve ID: 423065 Date Established: June 03, 1960 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 18 (Interstate: No) FDIC's unique #: 12171 Numeric code: 21 Regulator: FDIC 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: June 03, 1960 Last Structure Change Effective Date: September 11, 2009 Last Structure Change Process Date: September 30, 2009 Last Data Update: September 30, 2009 Data Source Date: April 05, 2012
Location
Address: 21700 East Copley Drive, Suite 300, Diamond Bar, CA 91765 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange 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: $139.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
165Total employees (full-time equivalent)
$129,666Total assets
$4,048Cash and due from depository institutions
$128Interest-bearing balances
$8,970Securities
$13,445Federal funds sold & reverse repurchase agreements
$84,465Net loans & leases
$1,963Loan loss allowance
$0Trading account assets
$8,094Bank premises and fixed assets
$100Other real estate owned
$1Goodwill and other intangibles
$1,007Life insurance assets
$10,543All other assets
$129,665Total liabilities and capital
$119,780Total liabilities
$115,037Total deposits
$80,720Interest-bearing deposits
$115,037Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$4,743All other liabilities
$9,885Total equity capital
$9,885Total bank equity capital
$9,885Perpetual preferred stock
$0Common stock
$15,487Surplus
$35,237Undivided profits
Memoranda
$-40,839Noncurrent loans and leases
$7,913Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,850Earning assets
$0Long-term assets (5+ years)
$405Average Assets, year-to-date
$107,008Average Assets, quarterly
$42,864Volatile liabilities
$134,794Insider loans
$134,538FHLB advances
$7,336Loans and leases held for sale
$13Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$7,913Total unused commitments
$0Restructured Loans and leases
$1,164Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$5,218Total interest income
$1,184Total interest expense
$4,034Net interest income
$1,800Provision for loan and lease losses
$6,266Total noninterest income
$0Fiduciary activities
$1,871Service charges on deposit accounts
$0Trading account gains & fees
$4,395Additional noninterest income
$28,736Total noninterest expense
$13,566Salaries and employee benefits
$5,597Premises and equipment expense
$9,573Additional noninterest expense
-$20,236Pre-tax net operating income
$73Securities gains (losses)
-$7,290Applicable income taxes
-$12,873Income before extraordinary items
$0Extraordinary gains - net
-$12,873Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,765Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.86%Yield on earning assets
1.10%Cost of funding earning assets
3.76%Net interest margin
5.83%Noninterest income to earning assets
26.76%Noninterest expense to earning assets
-9.58%Net operating income to assets
-9.55%Return on assets (ROA)
-14.96%Pretax return on assets
-85.84%Return on equity (ROE)
-85.84%Retained earnings to average equity (YTD only)
3.00%Net charge-offs to loans
101.98%Credit loss provision to net charge-offs
-10.45%Efficiency ratio
278,990Assets per employee
0.79%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.27%Loss allowance to noncurrent loans
106.11%Noncurrent assets plus other real estate owned to assets
1.50%Noncurrent loans to loans
2.14%Net loans and leases to deposits
73.42%Net loans and leases to core deposits
78.43%Equity capital to assets
7.62%Core capital (leverage) ratio
6.71%Tier 1 risk-based capital ratio
10.70%Total risk-based capital ratio
Memoranda
$12Average assets
$134,794Average earning assets
$14,997Average equity
$107,390Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with BBVA Bancomer USA.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: