FDIC Certificate #: 57855 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Bank of Marin (#32779) Federal Reserve ID: 3311145 Date Established: December 17, 2004 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 2 (Interstate: No) FDIC's unique #: 428162 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: December 17, 2004 Last Structure Change Effective Date: Febuary 18, 2011 Last Structure Change Process Date: Febuary 22, 2011 Last Data Update: Febuary 22, 2011 Data Source Date: April 05, 2012
Location
Address: 600 Trancas Street, Napa, CA 94558 County: Napa 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): Vallejo-Fairfield-Napa, CA (#8720) 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): Napa, CA (#34900) CBSA Metro Statistical Area: Napa, CA (#34900)
Financial Summary
Total assets: $120.8 mil
2000 - 2011 Historical total assets, liabilities and capital ($ 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
27Total employees (full-time equivalent)
$120,833Total assets
$16,116Cash and due from depository institutions
$12,177Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$101,296Net loans & leases
$5,707Loan loss allowance
$0Trading account assets
$1,241Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,180All other assets
$120,833Total liabilities and capital
$120,246Total liabilities
$105,309Total deposits
$73,178Interest-bearing deposits
$105,309Deposits held in domestic offices
91.81%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$14,328Other borrowed funds
$0Subordinated debt
$609All other liabilities
$587Total equity capital
$587Total bank equity capital
$587Perpetual preferred stock
$0Common stock
$18,423Surplus
$434Undivided profits
Memoranda
$-18,270Noncurrent loans and leases
$15,869Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$8,980Earning assets
$0Long-term assets (5+ years)
$408Average Assets, year-to-date
$113,473Average Assets, quarterly
$36,922Volatile liabilities
$137,589Insider loans
$128,240FHLB advances
$52,557Loans and leases held for sale
$5,431Unused loan commitments
$13,500Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,729Total risk weighted assets
$15,869Total unused commitments
$2,582Restructured Loans and leases
$587Derivatives
Income and Expense (December 31, 2010)
Dollar figures in thousands
$7,290Total interest income
$1,156Total interest expense
$6,134Net interest income
$13,351Provision for loan and lease losses
$812Total noninterest income
$0Fiduciary activities
$301Service charges on deposit accounts
$0Trading account gains & fees
$511Additional noninterest income
$5,631Total noninterest expense
$2,426Salaries and employee benefits
$963Premises and equipment expense
$2,242Additional noninterest expense
-$12,036Pre-tax net operating income
$0Securities gains (losses)
$1,201Applicable income taxes
-$13,237Income before extraordinary items
$0Extraordinary gains - net
-$13,237Net income attributable to bank
$0Net charge-offs
-$13,237Cash dividends
$10,722Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2010)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.82%Yield on earning assets
0.92%Cost of funding earning assets
4.89%Net interest margin
0.65%Noninterest income to earning assets
4.49%Noninterest expense to earning assets
-9.62%Net operating income to assets
-9.62%Return on assets (ROA)
-8.75%Pretax return on assets
-175.57%Return on equity (ROE)
-175.57%Retained earnings to average equity (YTD only)
8.82%Net charge-offs to loans
124.52%Credit loss provision to net charge-offs
0.12%Efficiency ratio
81,068Assets per employee
4.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
5.33%Loss allowance to noncurrent loans
63.55%Noncurrent assets plus other real estate owned to assets
7.43%Noncurrent loans to loans
8.39%Net loans and leases to deposits
96.19%Net loans and leases to core deposits
152.90%Equity capital to assets
0.49%Core capital (leverage) ratio
0.44%Tier 1 risk-based capital ratio
0.53%Total risk-based capital ratio
Memoranda
$1Average assets
$137,589Average earning assets
$7,539Average equity
$125,321Average loans
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