Cypress Bank in Seaside, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 09, 1999

  • Cypress Bank in Seaside, California (CA)
  • Show street view No street view available for this location

Cypress Bank - Overview

  • General
  • FDIC Certificate #: 32991
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Community Bank of Central California (#24243)
    Federal Reserve ID: 1459203
    Date Established: July 02, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    OTS Docket #: 15812
    FDIC's unique #: 46172
    Numeric code: 21
    Regulator: FDIC
    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 02, 1990
    Last Structure Change Effective Date: July 09, 1999
    Last Structure Change Process Date: July 22, 1999
    Last Data Update: July 22, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1676-A Fremont Boulevard, Seaside, CA 93955
    County: Monterey
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Salinas, CA (#7120)
    Core Based Statistical Area (CBSA): Salinas, CA (#41500)
    CBSA Metro Statistical Area: Salinas, CA (#41500)
  • Financial Summary
  • Total assets: $57.9 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 23Total employees (full-time equivalent)
  • $54,387Total assets
  • $3,636Cash and due from depository institutions
  • $0Interest-bearing balances
  • $10,152Securities
  • $1,106Federal funds sold & reverse repurchase agreements
  • $38,304Net loans & leases
  • $552Loan loss allowance
  • $0Trading account assets
  • $189Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,000All other assets
  • $54,387Total liabilities and capital
  • $49,684Total liabilities
  • $49,332Total deposits
  • $37,981Interest-bearing deposits
  • $49,332Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $352All other liabilities
  • $4,703Total equity capital
  • $4,703Total bank equity capital
  • $4,703Perpetual preferred stock
  • $0Common stock
  • $5,008Surplus
  • $0Undivided profits
  • Memoranda
  • $-305Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $565Earning assets
  • $445Long-term assets (5+ years)
  • $267Average Assets, year-to-date
  • $49,562Average Assets, quarterly
  • $3,274Volatile liabilities
  • $56,645Insider loans
  • $54,745FHLB advances
  • $14,012Loans and leases held for sale
  • $708Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $6,168Total risk weighted assets
  • $8,921Total unused commitments
  • $0Restructured Loans and leases
  • $43,786Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $4,423Total interest income
  • $1,791Total interest expense
  • $2,632Net interest income
  • $143Provision for loan and lease losses
  • $413Total noninterest income
  • $0Fiduciary activities
  • $291Service charges on deposit accounts
  • $0Trading account gains & fees
  • $122Additional noninterest income
  • $2,633Total noninterest expense
  • $970Salaries and employee benefits
  • $312Premises and equipment expense
  • $1,351Additional noninterest expense
  • $269Pre-tax net operating income
  • $0Securities gains (losses)
  • $115Applicable income taxes
  • $154Income before extraordinary items
  • $0Extraordinary gains - net
  • $154Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $71Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.56%Yield on earning assets
  • 3.46%Cost of funding earning assets
  • 5.09%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 5.09%Noninterest expense to earning assets
  • 0.27%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 3.35%Return on equity (ROE)
  • 3.35%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 201.41%Credit loss provision to net charge-offs
  • 5.80%Efficiency ratio
  • 86,470Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.42%Loss allowance to noncurrent loans
  • 97.70%Noncurrent assets plus other real estate owned to assets
  • 1.04%Noncurrent loans to loans
  • 1.45%Net loans and leases to deposits
  • 77.65%Net loans and leases to core deposits
  • 108.45%Equity capital to assets
  • 8.65%Core capital (leverage) ratio
  • 8.28%Tier 1 risk-based capital ratio
  • 10.64%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $56,645Average earning assets
  • $4,593Average equity
  • $51,694Average loans

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

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