FDIC Certificate #: 21029 Status: Inactive Closing history: Corrections Acquiring institution:Bank of the Orient (#20387) Federal Reserve ID: 817365 Date Established: April 09, 1973 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 5 (Interstate: No) FDIC's unique #: 14531 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: April 09, 1973 Last Structure Change Effective Date: October 13, 2000 Last Structure Change Process Date: October 18, 2000 Last Data Update: October 18, 2000 Data Source Date: April 05, 2012
Location
Address: 841 Bishop Street, Honolulu, HI 96808 County: Honolulu 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): Honolulu, HI (#3320) Core Based Statistical Area (CBSA): Honolulu, HI (#26180) CBSA Metro Statistical Area: Honolulu, HI (#26180)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $63.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
64Total employees (full-time equivalent)
$70,285Total assets
$6,050Cash and due from depository institutions
$0Interest-bearing balances
$17,172Securities
$6,000Federal funds sold & reverse repurchase agreements
$38,635Net loans & leases
$2,308Loan loss allowance
$0Trading account assets
$791Bank premises and fixed assets
$523Other real estate owned
$90Goodwill and other intangibles
$0Life insurance assets
$1,024All other assets
$70,285Total liabilities and capital
$65,193Total liabilities
$64,391Total deposits
$56,573Interest-bearing deposits
$64,391Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$802All other liabilities
$5,092Total equity capital
$5,092Total bank equity capital
$5,092Perpetual preferred stock
$0Common stock
$3,761Surplus
$6,869Undivided profits
Memoranda
$-5,538Noncurrent loans and leases
$5,259Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,339Earning assets
$0Long-term assets (5+ years)
$300Average Assets, year-to-date
$61,807Average Assets, quarterly
$10,897Volatile liabilities
$75,265Insider loans
$70,696FHLB advances
$23,848Loans and leases held for sale
$256Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,259Total unused commitments
$0Restructured Loans and leases
$533Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$5,907Total interest income
$2,434Total interest expense
$3,473Net interest income
$1,322Provision for loan and lease losses
$647Total noninterest income
$0Fiduciary activities
$406Service charges on deposit accounts
$0Trading account gains & fees
$241Additional noninterest income
$4,920Total noninterest expense
$2,393Salaries and employee benefits
$1,334Premises and equipment expense
$1,193Additional noninterest expense
-$2,122Pre-tax net operating income
$0Securities gains (losses)
$150Applicable income taxes
-$2,272Income before extraordinary items
$0Extraordinary gains - net
-$2,272Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,893Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.67%Yield on earning assets
3.57%Cost of funding earning assets
5.10%Net interest margin
0.95%Noninterest income to earning assets
7.22%Noninterest expense to earning assets
-3.02%Net operating income to assets
-3.02%Return on assets (ROA)
-2.82%Pretax return on assets
-35.39%Return on equity (ROE)
-35.39%Retained earnings to average equity (YTD only)
4.02%Net charge-offs to loans
69.84%Credit loss provision to net charge-offs
-0.42%Efficiency ratio
116,165Assets per employee
1.10%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.64%Loss allowance to noncurrent loans
98.67%Noncurrent assets plus other real estate owned to assets
4.07%Noncurrent loans to loans
5.71%Net loans and leases to deposits
60.00%Net loans and leases to core deposits
95.29%Equity capital to assets
7.24%Core capital (leverage) ratio
7.13%Tier 1 risk-based capital ratio
12.17%Total risk-based capital ratio
Memoranda
$13Average assets
$75,265Average earning assets
$6,420Average equity
$68,098Average loans
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