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


California United Bank - Overview

  • General
  • FDIC Certificate #: 57904
    Status: Active
    Federal Reserve ID: 3353172
    Date Established: May 23, 2005
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 429970
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 23, 2005
    Last Structure Change Effective Date: December 31, 2010
    Last Structure Change Process Date: January 11, 2011
    Last Data Update: January 11, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 15821 Ventura Boulevard, Suite 100, Encino, 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)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $800.2 mil
    Equity capital: $80.8 mil
    Deposits held in domestic offices: $690.8 mil
    Return on assets (ROA): 0.19% ($1.5 mil)
    Quarterly return on assets: 0.15% ($1.2 mil)
    Return on Equity (ROE): 1.91% ($1.5 mil)
    Quarterly return on equity: 1.52% ($1.2 mil)
    Net income: $1.5 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.33% ($2,640.7 mil)
    Quarterly Pretax return on assets: 0.24% ($1,920.5 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, 2011)

  • Dollar figures in thousands
  • 113Total employees (full-time equivalent)
  • $800,204Total assets
  • $169,374Cash and due from depository institutions
  • $155,859Interest-bearing balances
  • $114,091Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $481,765Net loans & leases
  • $7,495Loan loss allowance
  • $0Trading account assets
  • $3,350Bank premises and fixed assets
  • $3,344Other real estate owned
  • $7,116Goodwill and other intangibles
  • $800,204Life insurance assets
  • $21,164All other assets
  • $719,360Total liabilities and capital
  • $690,756Total liabilities
  • $309,264Total deposits
  • $690,756Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 26187.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $2,417Subordinated debt
  • $80,844All other liabilities
  • $80,844Total equity capital
  • $80,844Total bank equity capital
  • $0Perpetual preferred stock
  • $83,389Common stock
  • $0Surplus
  • $-2,545Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,150Income earned, not collected on loans
  • $145Earning assets
  • $2,211Long-term assets (5+ years)
  • $751,715Average Assets, year-to-date
  • $119,726Average Assets, quarterly
  • $781,710Volatile liabilities
  • $795,949Insider loans
  • $607,889FHLB advances
  • $804,459Loans and leases held for sale
  • $2,650Unused loan commitments
  • $2,650Tier 1 (core) risk-based capital
  • $72,132Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $205,013Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $28,756Total interest income
  • $1,316Total interest expense
  • $27,440Net interest income
  • $1,442Provision for loan and lease losses
  • $2,407Total noninterest income
  • $0Fiduciary activities
  • $1,617Service charges on deposit accounts
  • $0Trading account gains & fees
  • $790Additional noninterest income
  • $25,746Total noninterest expense
  • $15,352Salaries and employee benefits
  • $3,103Premises and equipment expense
  • $7,291Additional noninterest expense
  • $2,659Pre-tax net operating income
  • -$45Securities gains (losses)
  • $1,147Applicable income taxes
  • $1,467Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,467Net income attributable to bank
  • $0Net charge-offs
  • $1,467Cash dividends
  • -$193Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.93%Yield on earning assets
  • 0.18%Cost of funding earning assets
  • 3.75%Net interest margin
  • 0.33%Noninterest income to earning assets
  • 3.52%Noninterest expense to earning assets
  • 0.19%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 1.91%Return on equity (ROE)
  • 1.91%Retained earnings to average equity (YTD only)
  • -0.04%Net charge-offs to loans
  • -747.15%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 85,801Assets per employee
  • 7.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 121.87%Noncurrent assets plus other real estate owned to assets
  • 1.19%Noncurrent loans to loans
  • 1.26%Net loans and leases to deposits
  • 69.74%Net loans and leases to core deposits
  • 73.94%Equity capital to assets
  • 10.10%Core capital (leverage) ratio
  • 8.97%Tier 1 risk-based capital ratio
  • 11.87%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $781,710Average earning assets
  • $76,999Average equity
  • $731,912Average loans

List of branches

  • 6 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0429970California United Bank15821 Ventura Boulevard, Suite 100, Encino, CA 91436May 23, 2005Full Service Brick and Mortar
    1452061West Los Angeles Regional Office1640 South Sepulveda Boulevard, Suite 114, Los Angeles, CA 90025June 19, 2006Full Service Brick and Mortar
    2463474Santa Clarita Valley Regional Office25350 Magic Mountain Parkway, Valencia, CA 91355May 23, 2007Full Service Brick and Mortar
    560638Thousand Oaks Branch50 West Hillcrest Drive, Thousand Oaks, CA 91360Febuary 09, 1998Full Service Brick and Mortar
    6366261Simi Valley Branch2655 First Street, Suite 100, Simi Valley, CA 93065October 17, 2002Full Service Brick and Mortar
    7521920South Bay Branch1025 West 190th St., Suite 100, Gardena, CA 90248November 15, 2010Full Service Brick and Mortar

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