Chinatrust Bank (U.S.A.) in Torrance, California (CA), NY, NJ
Overview, Financial Summary, Detailed Financial Reports, Branches


Chinatrust Bank (U.S.A.) - Overview

  • General
  • FDIC Certificate #: 19416
    Status: Active
    Federal Reserve ID: 996260
    Bank Holding Company (Regulatory Top Holder): Chinatrust Financial Holding Company, Ltd. (RSSDID: 3080209, Location: Taipei)
    Date Established: April 27, 1965
    WWW: http://www.chinatrustusa.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Domestic: 12, Interstate: Yes)
    OTS Docket #: 13441
    FDIC's unique #: 13219
    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: April 27, 1965
    Last Structure Change Effective Date: Febuary 10, 2012
    Last Structure Change Process Date: Febuary 10, 2012
    Last Data Update: Febuary 10, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 22939 Hawthorne Boulevard, Torrance, CA 90505
    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: $1,418.6 mil
    Equity capital: $264.0 mil
    Deposits held in domestic offices: $1,066.3 mil
    Return on assets (ROA): 1.96% ($27.8 mil)
    Quarterly return on assets: 5.28% ($74.9 mil)
    Return on Equity (ROE): 11.41% ($30.1 mil)
    Quarterly return on equity: 29.34% ($77.5 mil)
    Net income: $28.1 mil
    Quarterly Net income: $18.7 mil
    Pretax return on assets: 0.69% ($9,788.5 mil)
    Quarterly Pretax return on assets: 0.11% ($1,560.5 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, 2011)

  • Dollar figures in thousands
  • 276Total employees (full-time equivalent)
  • $1,418,623Total assets
  • $323,406Cash and due from depository institutions
  • $318,437Interest-bearing balances
  • $160,646Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $811,203Net loans & leases
  • $37,611Loan loss allowance
  • $0Trading account assets
  • $10,735Bank premises and fixed assets
  • $420Other real estate owned
  • $90Goodwill and other intangibles
  • $1,418,623Life insurance assets
  • $112,123All other assets
  • $1,154,654Total liabilities and capital
  • $1,066,350Total liabilities
  • $1,027,899Total deposits
  • $1,066,350Interest-bearing deposits
  • $56Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $73,000Trading liabilities
  • $0Other borrowed funds
  • $15,304Subordinated debt
  • $263,969All other liabilities
  • $263,969Total equity capital
  • $263,969Total bank equity capital
  • $500Perpetual preferred stock
  • $271Common stock
  • $403,570Surplus
  • $-140,372Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $7,198Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,239Income earned, not collected on loans
  • $0Earning assets
  • $4,809Long-term assets (5+ years)
  • $1,290,286Average Assets, year-to-date
  • $24,927Average Assets, quarterly
  • $1,438,844Volatile liabilities
  • $1,415,772Insider loans
  • $876,796FHLB advances
  • $1,431,928Loans and leases held for sale
  • $49,191Unused loan commitments
  • $49,191Tier 1 (core) risk-based capital
  • $264,517Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $77,946Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $49,659Total interest income
  • $8,383Total interest expense
  • $41,276Net interest income
  • -$2,587Provision for loan and lease losses
  • $7,534Total noninterest income
  • $0Fiduciary activities
  • $253Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,281Additional noninterest income
  • $42,005Total noninterest expense
  • $23,380Salaries and employee benefits
  • $6,568Premises and equipment expense
  • $12,057Additional noninterest expense
  • $9,392Pre-tax net operating income
  • $472Securities gains (losses)
  • -$18,266Applicable income taxes
  • $28,130Income before extraordinary items
  • $0Extraordinary gains - net
  • $28,130Net income attributable to bank
  • $0Net charge-offs
  • $28,130Cash dividends
  • $4,717Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.74%Yield on earning assets
  • 0.63%Cost of funding earning assets
  • 3.11%Net interest margin
  • 0.57%Noninterest income to earning assets
  • 3.17%Noninterest expense to earning assets
  • 1.92%Net operating income to assets
  • 1.96%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 11.41%Return on equity (ROE)
  • 11.41%Retained earnings to average equity (YTD only)
  • 0.54%Net charge-offs to loans
  • -54.84%Credit loss provision to net charge-offs
  • 1.44%Efficiency ratio
  • 86,058Assets per employee
  • 5.14%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.43%Loss allowance to noncurrent loans
  • 206.21%Noncurrent assets plus other real estate owned to assets
  • 1.32%Noncurrent loans to loans
  • 2.15%Net loans and leases to deposits
  • 76.07%Net loans and leases to core deposits
  • 83.23%Equity capital to assets
  • 18.61%Core capital (leverage) ratio
  • 18.47%Tier 1 risk-based capital ratio
  • 30.17%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $1,438,844Average earning assets
  • $246,615Average equity
  • $1,326,678Average loans

List of branches

  • 9 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013219Chinatrust Bank (U.S.a.)22939 Hawthorne Boulevard, Torrance, CA 90505April 27, 1965Full Service Brick and Mortar
    516214San Marino Branch2956 Huntington Drive, San Marino, CA 91108June 26, 1980Full Service Brick and Mortar
    8248207Monterey Park Branch638 South Atlantic Boulevard, Monterey Park, CA 91754September 05, 1995Full Service Brick and Mortar
    9248208Milpitas Branch258 Barber Court, Milpitas, CA 95035July 31, 1996Full Service Brick and Mortar
    10248209City Of Industry Branch18645 Gale Avenue Suite 150, Industry, CA 91714September 16, 1996Full Service Brick and Mortar
    11248210Irvine Branch15343 Culver Drive, Irvine, CA 92604August 19, 1996Full Service Brick and Mortar
    20248213Cupertino Branch19648 Stevens Creek Boulevard, Cupertino, CA 95014October 02, 1997Full Service Brick and Mortar
    22248215San Gabriel Branch250 West Valley Boulevard, San Gabriel, CA 91776September 08, 1998Full Service Brick and Mortar
    28453313Rowland Heights Branch17851-A1 Colima Road, Rowland Heights, CA 91748December 23, 2005Full Service Brick and Mortar
  • 1 New Jersey Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    21248214Edison Branch1753 Route 27, Edison, NJ 8817November 01, 1997Full Service Brick and Mortar
  • 2 New York Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    16262133Flushing Branch41-99 Main Street, New York City, NY 11355July 16, 1991Full Service Brick and Mortar
    17262134Brooklyn Branch54-18 8th Avenue, Brooklyn, NY 11220November 18, 1993Full Service Brick and Mortar

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