FDIC Certificate #: 19198 Status: Inactive Closing history: Corrections Acquiring institution:First Bank & Trust (#20233) Federal Reserve ID: 786162 Date Established: August 06, 1964 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) FDIC's unique #: 13017 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: August 06, 1964 Last Structure Change Effective Date: December 31, 1999 Last Structure Change Process Date: Febuary 09, 2000 Last Data Update: Febuary 16, 2000 Data Source Date: April 05, 2012
Location
Address: 9145 Wilshire Boulevard, Beverly Hills, CA 90210 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Kansas City 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
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $170.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1998)
Dollar figures in thousands
162Total employees (full-time equivalent)
$159,946Total assets
$11,497Cash and due from depository institutions
$5,107Interest-bearing balances
$29,801Securities
$21,000Federal funds sold & reverse repurchase agreements
$93,386Net loans & leases
$1,655Loan loss allowance
$0Trading account assets
$2,974Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,288All other assets
$159,946Total liabilities and capital
$135,453Total liabilities
$131,178Total deposits
$108,347Interest-bearing deposits
$131,178Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,393Other borrowed funds
$0Subordinated debt
$1,882All other liabilities
$24,493Total equity capital
$24,493Total bank equity capital
$24,493Perpetual preferred stock
$1,300Common stock
$13,000Surplus
$6,797Undivided profits
Memoranda
$3,396Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$289Earning assets
$0Long-term assets (5+ years)
$484Average Assets, year-to-date
$149,294Average Assets, quarterly
$8,632Volatile liabilities
$155,881Insider loans
$156,697FHLB advances
$19,919Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$15,567Total unused commitments
$0Restructured Loans and leases
$107,709Derivatives
$3,713Total assets and liabilities in foreign offices
Income and Expense (December 31, 1998)
Dollar figures in thousands
$12,112Total interest income
$4,641Total interest expense
$7,471Net interest income
-$166Provision for loan and lease losses
$5,883Total noninterest income
$0Fiduciary activities
$523Service charges on deposit accounts
$0Trading account gains & fees
$5,360Additional noninterest income
$10,811Total noninterest expense
$5,805Salaries and employee benefits
$2,011Premises and equipment expense
$2,995Additional noninterest expense
$2,709Pre-tax net operating income
$59Securities gains (losses)
$1,142Applicable income taxes
$1,626Income before extraordinary items
$0Extraordinary gains - net
$1,626Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$52Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1998)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.37%Yield on earning assets
3.21%Cost of funding earning assets
5.16%Net interest margin
4.06%Noninterest income to earning assets
7.47%Noninterest expense to earning assets
1.02%Net operating income to assets
1.04%Return on assets (ROA)
1.78%Pretax return on assets
7.01%Return on equity (ROE)
7.01%Retained earnings to average equity (YTD only)
-0.05%Net charge-offs to loans
319.23%Credit loss provision to net charge-offs
0.00%Efficiency ratio
80,957Assets per employee
0.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.74%Loss allowance to noncurrent loans
572.66%Noncurrent assets plus other real estate owned to assets
0.18%Noncurrent loans to loans
0.30%Net loans and leases to deposits
71.19%Net loans and leases to core deposits
82.17%Equity capital to assets
15.31%Core capital (leverage) ratio
15.69%Tier 1 risk-based capital ratio
22.73%Total risk-based capital ratio
Memoranda
$24Average assets
$155,881Average earning assets
$23,196Average equity
$144,791Average loans
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