Bank of Canton of California in San Francisco, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 29, 2002

  • Bank of Canton of California in San Francisco, California (CA)
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Bank of Canton of California - Overview

  • General
  • FDIC Certificate #: 16754
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: United Commercial Bank (#32469)
    Federal Reserve ID: 767161
    Date Established: May 01, 1937
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    FDIC's unique #: 10869
    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: December 10, 1948
    Last Structure Change Effective Date: October 29, 2002
    Last Structure Change Process Date: November 12, 2002
    Last Data Update: November 12, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 555 Montgomery Street, San Francisco, CA 94111
    County: San Francisco
    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): San Francisco, CA (#7360)
    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: San Francisco-San Mateo-Redwood City, CA (#41884)
  • Financial Summary
  • Total assets: $1,491.5 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
  • 153Total employees (full-time equivalent)
  • $1,324,260Total assets
  • $18,583Cash and due from depository institutions
  • $353Interest-bearing balances
  • $785,855Securities
  • $9,300Federal funds sold & reverse repurchase agreements
  • $465,990Net loans & leases
  • $8,217Loan loss allowance
  • $0Trading account assets
  • $21,411Bank premises and fixed assets
  • $126Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $22,995All other assets
  • $1,324,260Total liabilities and capital
  • $1,157,835Total liabilities
  • $1,089,563Total deposits
  • $1,017,863Interest-bearing deposits
  • $997,893Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $40,000Other borrowed funds
  • $0Subordinated debt
  • $28,272All other liabilities
  • $166,425Total equity capital
  • $166,425Total bank equity capital
  • $166,425Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $23,000Undivided profits
  • Memoranda
  • $141,425Noncurrent loans and leases
  • $62,941Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,499Earning assets
  • $0Long-term assets (5+ years)
  • $12,171Average Assets, year-to-date
  • $1,261,498Average Assets, quarterly
  • $80,580Volatile liabilities
  • $1,196,098Insider loans
  • $1,294,589FHLB advances
  • $576,261Loans and leases held for sale
  • $4Unused loan commitments
  • $40,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $62,941Total unused commitments
  • $0Restructured Loans and leases
  • $13,670Derivatives
  • $119,315Total assets and liabilities in foreign offices

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $73,532Total interest income
  • $42,811Total interest expense
  • $30,721Net interest income
  • $950Provision for loan and lease losses
  • $2,030Total noninterest income
  • $0Fiduciary activities
  • $334Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,696Additional noninterest income
  • $12,731Total noninterest expense
  • $8,156Salaries and employee benefits
  • -$1,599Premises and equipment expense
  • $6,174Additional noninterest expense
  • $19,070Pre-tax net operating income
  • $1,759Securities gains (losses)
  • $8,372Applicable income taxes
  • $12,457Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,457Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $340Sale, conversion, retirement of capital stock, net
  • $1,240Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.46%Yield on earning assets
  • 3.76%Cost of funding earning assets
  • 2.70%Net interest margin
  • 0.18%Noninterest income to earning assets
  • 1.12%Noninterest expense to earning assets
  • 0.95%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.74%Pretax return on assets
  • 7.81%Return on equity (ROE)
  • 7.03%Retained earnings to average equity (YTD only)
  • 0.08%Net charge-offs to loans
  • 279.41%Credit loss provision to net charge-offs
  • 58.88%Efficiency ratio
  • 38,872Assets per employee
  • 8.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 9.95%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 234.84%Noncurrent assets plus other real estate owned to assets
  • 0.26%Noncurrent loans to loans
  • 0.74%Net loans and leases to deposits
  • 42.77%Net loans and leases to core deposits
  • 89.91%Equity capital to assets
  • 12.57%Core capital (leverage) ratio
  • 11.57%Tier 1 risk-based capital ratio
  • 17.37%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $1,196,098Average earning assets
  • $159,475Average equity
  • $1,138,929Average loans

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