Del Amo Savings Bank, FSB in Torrance, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 30, 2001

  • Del Amo Savings Bank, FSB in Torrance, California (CA)
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Del Amo Savings Bank, FSB - Overview

  • General
  • FDIC Certificate #: 31981
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Federal Bank of California, a Federal Savings Bank (#28536)
    Federal Reserve ID: 719674
    Date Established: January 01, 1977
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7687
    FDIC's unique #: 44815
    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: August 30, 1979
    Last Structure Change Effective Date: November 30, 2001
    Last Structure Change Process Date: December 11, 2001
    Last Data Update: December 11, 2001
    Data Source Date: April 05, 2012
  • Location
  • Address: 3422 Carson Street, Torrance, CA 90503
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Atlanta
    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)
  • Financial Summary
  • Total assets: $130.7 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, 2000)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $120,580Total assets
  • $1,459Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $6,250Federal funds sold & reverse repurchase agreements
  • $110,434Net loans & leases
  • $1,023Loan loss allowance
  • $0Trading account assets
  • $483Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $1,954All other assets
  • $120,580Total liabilities and capital
  • $111,516Total liabilities
  • $110,923Total deposits
  • $107,538Interest-bearing deposits
  • $110,923Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $593All other liabilities
  • $9,064Total equity capital
  • $9,064Total bank equity capital
  • $9,064Perpetual preferred stock
  • $0Common stock
  • $1,332Surplus
  • $6,782Undivided profits
  • Memoranda
  • $950Noncurrent loans and leases
  • $3,735Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $613Earning assets
  • $0Long-term assets (5+ years)
  • $666Average Assets, year-to-date
  • $116,684Average Assets, quarterly
  • $0Volatile liabilities
  • $125,784Insider loans
  • $123,766FHLB advances
  • $26,986Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,735Total unused commitments
  • $431Restructured Loans and leases
  • $859Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $9,341Total interest income
  • $5,573Total interest expense
  • $3,768Net interest income
  • $60Provision for loan and lease losses
  • $416Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $416Additional noninterest income
  • $8,315Total noninterest expense
  • $1,574Salaries and employee benefits
  • $804Premises and equipment expense
  • $5,937Additional noninterest expense
  • -$4,191Pre-tax net operating income
  • $129Securities gains (losses)
  • $456Applicable income taxes
  • -$4,518Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,518Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.01%Yield on earning assets
  • 4.78%Cost of funding earning assets
  • 3.23%Net interest margin
  • 0.36%Noninterest income to earning assets
  • 7.13%Noninterest expense to earning assets
  • -3.69%Net operating income to assets
  • -3.59%Return on assets (ROA)
  • -3.23%Pretax return on assets
  • -35.08%Return on equity (ROE)
  • -35.08%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 69,790Assets per employee
  • 3.89%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.92%Loss allowance to noncurrent loans
  • 166.88%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.55%Net loans and leases to deposits
  • 99.56%Net loans and leases to core deposits
  • 131.57%Equity capital to assets
  • 7.52%Core capital (leverage) ratio
  • 7.52%Tier 1 risk-based capital ratio
  • 13.22%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $125,784Average earning assets
  • $12,878Average equity
  • $116,674Average loans

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