Bay Bank of Commerce in San Leandro, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 02, 2004

  • Bay Bank of Commerce in San Leandro, California (CA)
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Bay Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 23342
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Greater Bay Bank, National Association (#27068)
    Federal Reserve ID: 144968
    Date Established: Febuary 13, 1981
    WWW: http://www.gbbk.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 16361
    Numeric code: 13
    Regulator: FED
    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 13, 1981
    Last Structure Change Effective Date: Febuary 02, 2004
    Last Structure Change Process Date: Febuary 23, 2004
    Last Data Update: Febuary 23, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 1495 East Fourteenth Street, San Leandro, CA 94577
    County: Alameda
    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): Oakland, CA (#5775)
    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: Oakland-Fremont-Hayward, CA (#36084)
  • Financial Summary
  • Total assets: $280.4 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, 2003)

  • Dollar figures in thousands
  • 17Total employees (full-time equivalent)
  • $280,390Total assets
  • $11,810Cash and due from depository institutions
  • $0Interest-bearing balances
  • $115,087Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $143,135Net loans & leases
  • $3,794Loan loss allowance
  • $0Trading account assets
  • $979Bank premises and fixed assets
  • $0Other real estate owned
  • $54Goodwill and other intangibles
  • $0Life insurance assets
  • $9,325All other assets
  • $280,390Total liabilities and capital
  • $255,928Total liabilities
  • $176,430Total deposits
  • $147,024Interest-bearing deposits
  • $176,430Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $58,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $20,273Other borrowed funds
  • $0Subordinated debt
  • $1,225All other liabilities
  • $24,462Total equity capital
  • $24,462Total bank equity capital
  • $24,462Perpetual preferred stock
  • $0Common stock
  • $4,623Surplus
  • $5,500Undivided profits
  • Memoranda
  • $14,339Noncurrent loans and leases
  • $37,406Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,074Earning assets
  • $0Long-term assets (5+ years)
  • $867Average Assets, year-to-date
  • $258,222Average Assets, quarterly
  • $102,809Volatile liabilities
  • $306,464Insider loans
  • $298,156FHLB advances
  • $119,571Loans and leases held for sale
  • $2,519Unused loan commitments
  • $20,273Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,357Total risk weighted assets
  • $37,406Total unused commitments
  • $0Restructured Loans and leases
  • $2,195Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $13,043Total interest income
  • $3,070Total interest expense
  • $9,973Net interest income
  • $609Provision for loan and lease losses
  • $1,637Total noninterest income
  • $0Fiduciary activities
  • $576Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,061Additional noninterest income
  • $7,447Total noninterest expense
  • $1,374Salaries and employee benefits
  • $776Premises and equipment expense
  • $5,297Additional noninterest expense
  • $3,554Pre-tax net operating income
  • $437Securities gains (losses)
  • $1,487Applicable income taxes
  • $2,504Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,504Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $394Sale, conversion, retirement of capital stock, net
  • $1,114Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.63%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 3.54%Net interest margin
  • 0.58%Noninterest income to earning assets
  • 2.64%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.82%Return on assets (ROA)
  • 1.30%Pretax return on assets
  • 10.12%Return on equity (ROE)
  • 5.62%Retained earnings to average equity (YTD only)
  • 0.28%Net charge-offs to loans
  • 154.57%Credit loss provision to net charge-offs
  • 10.57%Efficiency ratio
  • 63,876Assets per employee
  • 16.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 44.49%Loss allowance to loans
  • 2.58%Loss allowance to noncurrent loans
  • 74.77%Noncurrent assets plus other real estate owned to assets
  • 1.81%Noncurrent loans to loans
  • 3.45%Net loans and leases to deposits
  • 81.13%Net loans and leases to core deposits
  • 105.92%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 8.20%Tier 1 risk-based capital ratio
  • 14.27%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $306,464Average earning assets
  • $24,734Average equity
  • $282,003Average loans

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