Columbia National Bank in Santa Monica, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 22, 1993

  • Columbia National Bank in Santa Monica, California (CA)
  • Show street view No street view available for this location

Columbia National Bank - Overview

  • General
  • FDIC Certificate #: 24320
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Santa Monica Bank (#21189)
    Federal Reserve ID: 369668
    Date Established: Febuary 07, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 16921
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 07, 1983
    Last Structure Change Effective Date: January 22, 1993
    Last Structure Change Process Date: January 25, 1993
    Last Data Update: January 25, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 2001 Wilshire Boulevard, Santa Monica, CA 90403
    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
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $47.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $26Total assets
  • $47,618Cash and due from depository institutions
  • $1,775Interest-bearing balances
  • $0Securities
  • $114Federal funds sold & reverse repurchase agreements
  • $555Net loans & leases
  • $39,381Loan loss allowance
  • $1,003Trading account assets
  • $0Bank premises and fixed assets
  • $581Other real estate owned
  • $4,685Goodwill and other intangibles
  • $527Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $47,618Total liabilities
  • $48,127Total deposits
  • $47,627Interest-bearing deposits
  • $42,939Deposits held in domestic offices
  • 47627.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $352All other liabilities
  • $148Total equity capital
  • $148Total bank equity capital
  • $-509Perpetual preferred stock
  • $0Common stock
  • $264Surplus
  • $5,112Undivided profits
  • Memoranda
  • $-5,885Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $15,856Income earned, not collected on loans
  • $211Earning assets
  • $40,050Long-term assets (5+ years)
  • $1,026Average Assets, year-to-date
  • $66,436Average Assets, quarterly
  • $52,784Volatile liabilities
  • $8,925Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,876Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-509Total risk weighted assets
  • $44,909Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,911Total interest expense
  • $2,831Net interest income
  • $2,080Provision for loan and lease losses
  • $187Total noninterest income
  • $235Fiduciary activities
  • $0Service charges on deposit accounts
  • $215Trading account gains & fees
  • $0Additional noninterest income
  • $20Total noninterest expense
  • $4,532Salaries and employee benefits
  • $1,644Premises and equipment expense
  • $826Additional noninterest expense
  • $2,062Pre-tax net operating income
  • -$2,404Securities gains (losses)
  • $70Applicable income taxes
  • $1Income before extraordinary items
  • -$2,335Extraordinary gains - net
  • $0Net income attributable to bank
  • -$2,335Net charge-offs
  • $1,168Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $639Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.49%Cost of funding earning assets
  • 4.89%Net interest margin
  • 3.60%Noninterest income to earning assets
  • 0.41%Noninterest expense to earning assets
  • 7.83%Net operating income to assets
  • -3.62%Return on assets (ROA)
  • -3.51%Pretax return on assets
  • -3.51%Return on equity (ROE)
  • -471.15%Retained earnings to average equity (YTD only)
  • -471.15%Net charge-offs to loans
  • 2.24%Credit loss provision to net charge-offs
  • 16.01%Efficiency ratio
  • 195,767Assets per employee
  • 1.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.48%Loss allowance to noncurrent loans
  • 6.33%Noncurrent assets plus other real estate owned to assets
  • 43.14%Noncurrent loans to loans
  • 39.26%Net loans and leases to deposits
  • 82.69%Net loans and leases to core deposits
  • 101.75%Equity capital to assets
  • -1.07%Core capital (leverage) ratio
  • -0.95%Tier 1 risk-based capital ratio
  • -1.13%Total risk-based capital ratio
  • Memoranda
  • -$1Average assets
  • $66,436Average earning assets
  • $496Average equity
  • $57,853Average loans

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