Borel Private Bank & Trust Company in San Mateo, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2011

  • Borel Private Bank & Trust Company in San Mateo, California (CA)
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Borel Private Bank & Trust Company - Overview

  • General
  • FDIC Certificate #: 23092
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boston Private Bank & Trust Company (#24811)
    Federal Reserve ID: 208169
    Date Established: April 02, 1980
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 16178
    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: April 02, 1980
    Last Structure Change Effective Date: May 27, 2011
    Last Structure Change Process Date: June 08, 2011
    Last Data Update: June 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 160 Bovet Road, San Mateo, CA 94402
    County: San Mateo
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: New York
    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: $1,520.1 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, 2010)

  • Dollar figures in thousands
  • 198Total employees (full-time equivalent)
  • $1,636,608Total assets
  • $220,066Cash and due from depository institutions
  • $210,270Interest-bearing balances
  • $97,419Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,239,734Net loans & leases
  • $46,117Loan loss allowance
  • $0Trading account assets
  • $6,523Bank premises and fixed assets
  • $10,207Other real estate owned
  • $0Goodwill and other intangibles
  • $5,804Life insurance assets
  • $62,659All other assets
  • $1,636,608Total liabilities and capital
  • $1,507,445Total liabilities
  • $1,397,768Total deposits
  • $1,173,859Interest-bearing deposits
  • $1,397,768Deposits held in domestic offices
  • 64.91%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $100,000Other borrowed funds
  • $0Subordinated debt
  • $9,677All other liabilities
  • $129,163Total equity capital
  • $129,163Total bank equity capital
  • $129,163Perpetual preferred stock
  • $0Common stock
  • $15,085Surplus
  • $42,921Undivided profits
  • Memoranda
  • $71,157Noncurrent loans and leases
  • $232,483Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $60,374Earning assets
  • $0Long-term assets (5+ years)
  • $4,044Average Assets, year-to-date
  • $1,547,423Average Assets, quarterly
  • $614,326Volatile liabilities
  • $1,653,408Insider loans
  • $1,661,227FHLB advances
  • $453,204Loans and leases held for sale
  • $28,659Unused loan commitments
  • $100,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,700Total risk weighted assets
  • $232,483Total unused commitments
  • $0Restructured Loans and leases
  • $15,226Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $80,226Total interest income
  • $11,626Total interest expense
  • $68,600Net interest income
  • $81,025Provision for loan and lease losses
  • $4,255Total noninterest income
  • $7,076Fiduciary activities
  • $596Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$3,417Additional noninterest income
  • $41,490Total noninterest expense
  • $22,296Salaries and employee benefits
  • $6,858Premises and equipment expense
  • $12,336Additional noninterest expense
  • -$49,660Pre-tax net operating income
  • $0Securities gains (losses)
  • -$20,875Applicable income taxes
  • -$28,785Income before extraordinary items
  • $0Extraordinary gains - net
  • -$28,785Net income attributable to bank
  • $0Net charge-offs
  • -$28,785Cash dividends
  • $54,857Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.09%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.35%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 2.63%Noninterest expense to earning assets
  • -1.74%Net operating income to assets
  • -1.74%Return on assets (ROA)
  • -3.00%Pretax return on assets
  • -21.09%Return on equity (ROE)
  • -21.09%Retained earnings to average equity (YTD only)
  • 3.99%Net charge-offs to loans
  • 147.70%Credit loss provision to net charge-offs
  • 0.57%Efficiency ratio
  • 56,949Assets per employee
  • 8.27%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.59%Loss allowance to noncurrent loans
  • 76.39%Noncurrent assets plus other real estate owned to assets
  • 4.31%Noncurrent loans to loans
  • 4.70%Net loans and leases to deposits
  • 88.69%Net loans and leases to core deposits
  • 131.25%Equity capital to assets
  • 7.89%Core capital (leverage) ratio
  • 7.44%Tier 1 risk-based capital ratio
  • 10.61%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,653,408Average earning assets
  • $136,506Average equity
  • $1,576,942Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $838,872Managed Assets
  • 1Number of Accounts
  • $776,294Personal trust and agency accounts
  • $582,796Employee benefit-defined contribution accounts
  • $3,154Employee benefit-defined benefit accounts
  • $465Other retirement accounts
  • $24,908Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $143,231Other fiduciary accounts
  • $21,740Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 845Number of Accounts
  • $0Personal trust and agency accounts
  • $24,908Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $62,578Other retirement accounts
  • $21,449Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $24,866Fiduciary accounts held in foreign offices

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