Commercial Capital Bank, FSB in Irvine, California (CA)



Show street view No street view available for this location
Table of contents:
Commercial Capital Bank, FSB
GeneralFDIC Certificate #: 32316
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Washington Mutual Bank (#32633)
Federal Reserve ID: 215372
Date Established: May 02, 1985
WWW: http://www.commercialcapital.com
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8134
FDIC's unique #: 45150
Numeric code: 37
Regulator: OTS
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
State Chartered: No
Date of Deposit Insurance: May 02, 1985
Last Structure Change Effective Date: October 01, 2006
Last Structure Change Process Date: October 13, 2006
Last Data Update: October 13, 2006
Data Source Date: April 05, 2012
LocationAddress: 8105 Irvine Center Drive, Suite 1500, Irvine, CA 92618
County: Orange
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Orange
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Orange County, CA (#5945)
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: Santa Ana-Anaheim-Irvine, CA (#42044)
Financial SummaryTotal assets: $5,671.0 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, 2005)
(Dollar figures in thousands)
Total employees (full-time equivalent)436
Total assets$5,397,227
Cash and due from depository institutions$32,843
Interest-bearing balances$3,087
Securities$382,642
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$4,334,154
Loan loss allowance $28,705
Trading account assets$0
Bank premises and fixed assets$10,068
Other real estate owned$0
Goodwill and other intangibles$360,841
All other assets$276,679
Life insurance assets$107,146
Total liabilities and capital$5,397,227
Total liabilities$4,603,438
Total deposits$2,887,867
Interest-bearing deposits$2,701,245
Deposits held in domestic offices$2,887,867
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $72,000
Trading liabilities$0
Other borrowed funds $1,597,806
Subordinated debt $0
All other liabilities $45,765
Total equity capital$793,789
Total bank equity capital$793,789
Perpetual preferred stock$793,789
Common stock$0
Surplus$10,126
Undivided profits $634,287
Memoranda
Noncurrent loans and leases $149,376
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $350,474
Income earned, not collected on loans $0
Earning assets $7,788
Long-term assets (5+ years) $0
Average Assets, year-to-date $20,923
Average Assets, quarterly $4,719,883
Volatile liabilities $0
Insider loans $5,197,139
FHLB advances $5,285,921
Loans and leases held for sale $3,709,977
Unused loan commitments $0
Tier 1 (core) risk-based capital $1,597,806
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $350,474
Restructured Loans and leases $388
Derivatives$28,705
Back to page top, Back to table top

Income and Expense (December 31, 2005)
(Dollar figures in thousands)
Total interest income $260,417
Total interest expense $102,091
Net interest income $158,326
Provision for loan and lease losses -$8,109
Total noninterest income $13,436
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $13,436
Total noninterest expense $56,110
Salaries and employee benefits $26,167
Premises and equipment expense $10,618
Additional noninterest expense $19,325
Pre-tax net operating income $123,761
Securities gains (losses) $5,418
Applicable income taxes $47,332
Income before extraordinary items $81,847
Extraordinary gains - net $0
Net income attributable to bank $81,847
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $8
Net operating income $12,333
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2005)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.72%
Cost of funding earning assets 2.24%
Net interest margin 3.48%
Noninterest income to earning assets 0.30%
Noninterest expense to earning assets 1.23%
Net operating income to assets 1.51%
Return on assets (ROA) 1.57%
Pretax return on assets 2.49%
Return on equity (ROE) 10.69%
Retained earnings to average equity (YTD only) 9.08%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs -101362.50%
Efficiency ratio14456.50%
Assets per employee$32,288
Cash dividends to net income (YTD only)12.38%
Condition Ratios (%)
Loss allowance to loans 15.07%
Loss allowance to noncurrent loans 0.66%
Noncurrent assets plus other real estate owned to assets 368.58%
Noncurrent loans to loans 0.14%
Net loans and leases to deposits0.18%
Net loans and leases to core deposits 150.08%
Equity capital to assets 511.29%
Core capital (leverage) ratio 14.71%
Tier 1 risk-based capital ratio 8.75%
Total risk-based capital ratio 11.72%
Memoranda
Average assets$12
Average earning assets$5,197,139
Average equity $765,625
Average loans $4,552,644
Back to page top, Back to table top

Total Fiduciary and Related Assets (December 31, 2003)
(Dollar figures in thousands)
Total fiduciary and related assets$1
Number of Fiduciary Accounts and Related Asset Accounts1
Fiduciary powers grantedYes
Fiduciary or related activityYes
Managed Assets$13,477
Number of Accounts1
Personal trust and agency accounts$9,101
Employee benefit-defined contribution accounts$4,595
Employee benefit-defined benefit accounts$0
Other retirement accounts$0
Corporate trust and agency accounts$0
Investment management agency accounts$0
Other fiduciary accounts$4,506
Fiduciary accounts held in foreign offices$0
Non-managed Assets$0
Number of Accounts21
Personal trust and agency accounts$0
Employee benefit-defined contribution accounts$0
Employee benefit-defined benefit accounts$0
Other retirement accounts$4,376
Corporate trust and agency accounts$0
Other fiduciary accounts$0
Fiduciary accounts held in foreign offices$0
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Commercial Capital Bank, FSB.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.