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

This bank is inactive as of July 15, 1994

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

  • General
  • FDIC Certificate #: 21922
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: California United Bank (#16945)
    Federal Reserve ID: 813563
    Date Established: Febuary 07, 1975
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 15191
    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: Febuary 07, 1975
    Last Structure Change Effective Date: July 15, 1994
    Last Structure Change Process Date: July 19, 1994
    Last Data Update: July 19, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 250 West Fifth Street, Los Angeles, CA 90031
    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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $132.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $103Total assets
  • $134,205Cash and due from depository institutions
  • $9,760Interest-bearing balances
  • $501Securities
  • $8,002Federal funds sold & reverse repurchase agreements
  • $1,400Net loans & leases
  • $95,518Loan loss allowance
  • $2,756Trading account assets
  • $0Bank premises and fixed assets
  • $2,226Other real estate owned
  • $14,532Goodwill and other intangibles
  • $2,767Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $134,205Total liabilities
  • $130,003Total deposits
  • $129,233Interest-bearing deposits
  • $98,347Deposits held in domestic offices
  • 129233.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $770Total equity capital
  • $770Total bank equity capital
  • $4,202Perpetual preferred stock
  • $0Common stock
  • $3,217Surplus
  • $4,242Undivided profits
  • Memoranda
  • $-3,257Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,798Income earned, not collected on loans
  • $611Earning assets
  • $105,421Long-term assets (5+ years)
  • $13,278Average Assets, year-to-date
  • $150,101Average Assets, quarterly
  • $136,850Volatile liabilities
  • $4,709Insider loans
  • $1,632FHLB advances
  • $0Loans and leases held for sale
  • $10,558Unused loan commitments
  • $6,496Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,202Total risk weighted assets
  • $111,991Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,559Total interest expense
  • $3,786Net interest income
  • $6,773Provision for loan and lease losses
  • $950Total noninterest income
  • $4,647Fiduciary activities
  • $0Service charges on deposit accounts
  • $965Trading account gains & fees
  • $0Additional noninterest income
  • $3,682Total noninterest expense
  • $12,163Salaries and employee benefits
  • $3,613Premises and equipment expense
  • $1,803Additional noninterest expense
  • $6,747Pre-tax net operating income
  • -$1,693Securities gains (losses)
  • $521Applicable income taxes
  • -$120Income before extraordinary items
  • -$1,052Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,052Net charge-offs
  • $980Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $86Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.73%Cost of funding earning assets
  • 3.13%Net interest margin
  • 5.60%Noninterest income to earning assets
  • 3.84%Noninterest expense to earning assets
  • 10.06%Net operating income to assets
  • -1.01%Return on assets (ROA)
  • -0.70%Pretax return on assets
  • -0.78%Return on equity (ROE)
  • -24.27%Retained earnings to average equity (YTD only)
  • -24.27%Net charge-offs to loans
  • 0.90%Credit loss provision to net charge-offs
  • 96.94%Efficiency ratio
  • 106,506Assets per employee
  • 1.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.80%Loss allowance to noncurrent loans
  • 47.53%Noncurrent assets plus other real estate owned to assets
  • 9.07%Noncurrent loans to loans
  • 5.90%Net loans and leases to deposits
  • 73.91%Net loans and leases to core deposits
  • 76.71%Equity capital to assets
  • 3.13%Core capital (leverage) ratio
  • 3.07%Tier 1 risk-based capital ratio
  • 3.75%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $150,101Average earning assets
  • $4,335Average equity
  • $120,912Average loans

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