California United Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 14, 1998

  • California United Bank in Los Angeles, California (CA)
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California United Bank - Overview

  • General
  • FDIC Certificate #: 16945
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Pacific Century Bank, National Association (#25049)
    Federal Reserve ID: 706768
    Date Established: October 28, 1950
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 20 (Interstate: No)
    FDIC's unique #: 11025
    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: October 28, 1950
    Last Structure Change Effective Date: August 14, 1998
    Last Structure Change Process Date: August 25, 1998
    Last Data Update: August 25, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 16030 Ventura Boulevard, Los Angeles, CA 91436
    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)
  • Financial Summary
  • Total assets: $789.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 330Total employees (full-time equivalent)
  • $797,135Total assets
  • $80,730Cash and due from depository institutions
  • $198Interest-bearing balances
  • $177,731Securities
  • $64,300Federal funds sold & reverse repurchase agreements
  • $445,673Net loans & leases
  • $11,579Loan loss allowance
  • $0Trading account assets
  • $17,113Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $11,588All other assets
  • $797,135Total liabilities and capital
  • $710,265Total liabilities
  • $698,499Total deposits
  • $413,689Interest-bearing deposits
  • $698,499Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $11,766All other liabilities
  • $86,870Total equity capital
  • $86,870Total bank equity capital
  • $86,870Perpetual preferred stock
  • $0Common stock
  • $3,140Surplus
  • $79,654Undivided profits
  • Memoranda
  • $4,076Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,338Earning assets
  • $121Long-term assets (5+ years)
  • $2,882Average Assets, year-to-date
  • $687,902Average Assets, quarterly
  • $130,823Volatile liabilities
  • $806,737Insider loans
  • $787,160FHLB advances
  • $74,643Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $260,871Total unused commitments
  • $0Restructured Loans and leases
  • $571,375Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $29,712Total interest income
  • $7,048Total interest expense
  • $22,664Net interest income
  • $0Provision for loan and lease losses
  • $3,821Total noninterest income
  • $0Fiduciary activities
  • $2,220Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,601Additional noninterest income
  • $15,946Total noninterest expense
  • $8,557Salaries and employee benefits
  • $2,669Premises and equipment expense
  • $4,720Additional noninterest expense
  • $10,539Pre-tax net operating income
  • $16Securities gains (losses)
  • $4,454Applicable income taxes
  • $6,101Income before extraordinary items
  • $0Extraordinary gains - net
  • $6,101Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$105Sale, conversion, retirement of capital stock, net
  • $2,250Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.33%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 3.30%Net interest margin
  • 0.56%Noninterest income to earning assets
  • 2.32%Noninterest expense to earning assets
  • 0.75%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 1.31%Pretax return on assets
  • 7.00%Return on equity (ROE)
  • 4.42%Retained earnings to average equity (YTD only)
  • -0.02%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 60,208Assets per employee
  • 2.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.88%Loss allowance to loans
  • 2.53%Loss allowance to noncurrent loans
  • 865.40%Noncurrent assets plus other real estate owned to assets
  • 0.17%Noncurrent loans to loans
  • 0.29%Net loans and leases to deposits
  • 63.80%Net loans and leases to core deposits
  • 71.44%Equity capital to assets
  • 10.90%Core capital (leverage) ratio
  • 10.99%Tier 1 risk-based capital ratio
  • 15.16%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $806,737Average earning assets
  • $87,193Average equity
  • $686,248Average loans

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