Comerica Bank-California in San Jose, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 2003

  • Comerica Bank-California in San Jose, California (CA)
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Comerica Bank-California - Overview

  • General
  • FDIC Certificate #: 22894
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Comerica Bank (#983)
    Federal Reserve ID: 803368
    Date Established: July 05, 1979
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 46 (Interstate: No)
    FDIC's unique #: 16003
    Numeric code: 13
    Regulator: FED
    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: July 05, 1979
    Last Structure Change Effective Date: June 30, 2003
    Last Structure Change Process Date: July 24, 2003
    Last Data Update: July 24, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 333 West Santa Clara Street, San Jose, CA 95113
    County: Santa Clara
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Chicago
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Jose, CA (#7400)
    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): San Jose-Sunnyvale-Santa Clara, CA (#41940)
    CBSA Metro Statistical Area: San Jose-Sunnyvale-Santa Clara, CA (#41940)
  • Financial Summary
  • Total assets: $20,881.3 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, 2002)

  • Dollar figures in thousands
  • 1,989Total employees (full-time equivalent)
  • $19,751,122Total assets
  • $1,497,926Cash and due from depository institutions
  • $100Interest-bearing balances
  • $273,536Securities
  • $8,574,967Federal funds sold & reverse repurchase agreements
  • $8,473,475Net loans & leases
  • $240,431Loan loss allowance
  • $0Trading account assets
  • $54,389Bank premises and fixed assets
  • $888Other real estate owned
  • $113,630Goodwill and other intangibles
  • $0Life insurance assets
  • $762,311All other assets
  • $19,751,122Total liabilities and capital
  • $18,448,533Total liabilities
  • $18,091,150Total deposits
  • $7,332,778Interest-bearing deposits
  • $18,091,150Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $27,598Other borrowed funds
  • $242,716Subordinated debt
  • $87,069All other liabilities
  • $1,302,589Total equity capital
  • $1,302,589Total bank equity capital
  • $1,302,589Perpetual preferred stock
  • $100,000Common stock
  • $7,263Surplus
  • $548,496Undivided profits
  • Memoranda
  • $646,830Noncurrent loans and leases
  • $5,569,329Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $199,252Earning assets
  • $20,795Long-term assets (5+ years)
  • $34,339Average Assets, year-to-date
  • $17,322,078Average Assets, quarterly
  • $988,538Volatile liabilities
  • $16,739,937Insider loans
  • $19,106,698FHLB advances
  • $823,515Loans and leases held for sale
  • $63,462Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,193,437Tier 2 risk-based capital
  • $128,870Total risk weighted assets
  • $5,569,329Total unused commitments
  • $0Restructured Loans and leases
  • $404,025Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $672,711Total interest income
  • $113,818Total interest expense
  • $558,893Net interest income
  • $223,934Provision for loan and lease losses
  • $165,999Total noninterest income
  • $6,410Fiduciary activities
  • $39,708Service charges on deposit accounts
  • $0Trading account gains & fees
  • $119,881Additional noninterest income
  • $376,296Total noninterest expense
  • $169,472Salaries and employee benefits
  • $40,484Premises and equipment expense
  • $166,340Additional noninterest expense
  • $124,662Pre-tax net operating income
  • $9,134Securities gains (losses)
  • $49,890Applicable income taxes
  • $83,906Income before extraordinary items
  • $0Extraordinary gains - net
  • $83,906Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $146,450Sale, conversion, retirement of capital stock, net
  • $205,088Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.56%Yield on earning assets
  • 0.77%Cost of funding earning assets
  • 3.79%Net interest margin
  • 1.13%Noninterest income to earning assets
  • 2.55%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 6.55%Return on equity (ROE)
  • -9.46%Retained earnings to average equity (YTD only)
  • 1.71%Net charge-offs to loans
  • 152.91%Credit loss provision to net charge-offs
  • 2.38%Efficiency ratio
  • 51,823Assets per employee
  • 9.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 244.43%Loss allowance to loans
  • 2.76%Loss allowance to noncurrent loans
  • 120.67%Noncurrent assets plus other real estate owned to assets
  • 1.01%Noncurrent loans to loans
  • 2.29%Net loans and leases to deposits
  • 46.84%Net loans and leases to core deposits
  • 49.06%Equity capital to assets
  • 6.60%Core capital (leverage) ratio
  • 6.73%Tier 1 risk-based capital ratio
  • 8.26%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $16,739,937Average earning assets
  • $1,280,452Average equity
  • $14,744,949Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $1,332,050Managed Assets
  • 1Number of Accounts
  • $951,208Personal trust and agency accounts
  • $299,365Employee benefit-defined contribution accounts
  • $3,860Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7,642Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $630,183Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $10,158Non-managed Assets
  • 1187Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $380,842Other retirement accounts
  • $18,116Corporate trust and agency accounts
  • $74,980Other fiduciary accounts
  • $21,240Fiduciary accounts held in foreign offices

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