Coast Federal Bank, Federal Savings Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 01, 1998

  • Coast Federal Bank, Federal Savings Bank in Los Angeles, California (CA)
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Coast Federal Bank, Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 31477
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Home Savings of America, FSB (#15919)
    Federal Reserve ID: 543673
    Date Established: May 05, 1965
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7046
    FDIC's unique #: 44311
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: May 05, 1965
    Last Structure Change Effective Date: March 01, 1998
    Last Structure Change Process Date: March 18, 1998
    Last Data Update: March 18, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 1000 Wilshire Blvd, Los Angeles, CA 90017
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    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: $8,837.6 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
  • 1,423Total employees (full-time equivalent)
  • $8,837,584Total assets
  • $143,954Cash and due from depository institutions
  • $1,169Interest-bearing balances
  • $2,291,105Securities
  • $49,000Federal funds sold & reverse repurchase agreements
  • $5,957,439Net loans & leases
  • $78,000Loan loss allowance
  • $0Trading account assets
  • $83,940Bank premises and fixed assets
  • $42,174Other real estate owned
  • $33,523Goodwill and other intangibles
  • $0Life insurance assets
  • $236,449All other assets
  • $8,837,584Total liabilities and capital
  • $8,298,654Total liabilities
  • $6,468,210Total deposits
  • $5,988,667Interest-bearing deposits
  • $6,468,210Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $310,825Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,367,454Other borrowed funds
  • $56,247Subordinated debt
  • $95,918All other liabilities
  • $538,930Total equity capital
  • $538,930Total bank equity capital
  • $538,930Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $319,180Undivided profits
  • Memoranda
  • $219,749Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $50,054Earning assets
  • $0Long-term assets (5+ years)
  • $32,898Average Assets, year-to-date
  • $8,298,713Average Assets, quarterly
  • $0Volatile liabilities
  • $8,865,291Insider loans
  • $8,918,536FHLB advances
  • $2,694,598Loans and leases held for sale
  • $1,182Unused loan commitments
  • $1,321,495Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $181,885Total unused commitments
  • $0Restructured Loans and leases
  • $5,269,683Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $626,725Total interest income
  • $404,044Total interest expense
  • $222,681Net interest income
  • $10,391Provision for loan and lease losses
  • $57,378Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $57,378Additional noninterest income
  • $181,109Total noninterest expense
  • $83,463Salaries and employee benefits
  • $47,545Premises and equipment expense
  • $50,101Additional noninterest expense
  • $88,559Pre-tax net operating income
  • $257Securities gains (losses)
  • $28,303Applicable income taxes
  • $60,513Income before extraordinary items
  • $0Extraordinary gains - net
  • $60,513Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $12,535Sale, conversion, retirement of capital stock, net
  • $3,000Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.53%Yield on earning assets
  • 4.85%Cost of funding earning assets
  • 2.67%Net interest margin
  • 0.69%Noninterest income to earning assets
  • 2.17%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 12.14%Return on equity (ROE)
  • 11.54%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 82.90%Credit loss provision to net charge-offs
  • 7.89%Efficiency ratio
  • 64,291Assets per employee
  • 6.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 4.96%Loss allowance to loans
  • 1.29%Loss allowance to noncurrent loans
  • 155.83%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 0.83%Net loans and leases to deposits
  • 92.10%Net loans and leases to core deposits
  • 109.27%Equity capital to assets
  • 6.10%Core capital (leverage) ratio
  • 5.96%Tier 1 risk-based capital ratio
  • 9.98%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $8,865,291Average earning assets
  • $498,422Average equity
  • $8,327,102Average loans

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