Delta Federal Savings Bank in Westminster, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 25, 1994

  • Delta Federal Savings Bank in Westminster, California (CA)
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Delta Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 33595
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: East West Bank (#31628)
    Federal Reserve ID: 740276
    Date Established: May 08, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9976
    FDIC's unique #: 47573
    Numeric code: 34
    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: May 08, 1992
    Last Structure Change Effective Date: March 25, 1994
    Last Structure Change Process Date: April 04, 1994
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 8860 Bolsa Avenue, Westminster, CA 92683
    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)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $14.7 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $12Total assets
  • $14,746Cash and due from depository institutions
  • $240Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $300Net loans & leases
  • $4,646Loan loss allowance
  • $1,508Trading account assets
  • $0Bank premises and fixed assets
  • $232Other real estate owned
  • $0Goodwill and other intangibles
  • $9,328Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $14,746Total liabilities
  • $18,475Total deposits
  • $3,459Interest-bearing deposits
  • $3,459Deposits held in domestic offices
  • 3459.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $14,961Subordinated debt
  • $0All other liabilities
  • $55Total equity capital
  • $55Total bank equity capital
  • $-3,729Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-3,729Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,655Income earned, not collected on loans
  • $16Earning assets
  • $4,946Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $17,164Average Assets, quarterly
  • $15,503Volatile liabilities
  • $14,961Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-3,729Total risk weighted assets
  • $849Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $714Total interest expense
  • $603Net interest income
  • $111Provision for loan and lease losses
  • -$414Total noninterest income
  • $401Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $401Total noninterest expense
  • $3,748Salaries and employee benefits
  • $626Premises and equipment expense
  • $454Additional noninterest expense
  • $2,668Pre-tax net operating income
  • -$2,822Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$2,822Extraordinary gains - net
  • $0Net income attributable to bank
  • -$2,822Net charge-offs
  • $582Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.87%Cost of funding earning assets
  • 8.33%Net interest margin
  • 1.53%Noninterest income to earning assets
  • 5.54%Noninterest expense to earning assets
  • 51.80%Net operating income to assets
  • -16.44%Return on assets (ROA)
  • -16.44%Pretax return on assets
  • -16.44%Return on equity (ROE)
  • 103.52%Retained earnings to average equity (YTD only)
  • 103.52%Net charge-offs to loans
  • 6.62%Credit loss provision to net charge-offs
  • -71.13%Efficiency ratio
  • 732,031Assets per employee
  • 1.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 24.50%Loss allowance to noncurrent loans
  • 41.26%Noncurrent assets plus other real estate owned to assets
  • 24.79%Noncurrent loans to loans
  • 59.39%Net loans and leases to deposits
  • 134.32%Net loans and leases to core deposits
  • 134.32%Equity capital to assets
  • -25.29%Core capital (leverage) ratio
  • -25.29%Tier 1 risk-based capital ratio
  • -439.22%Total risk-based capital ratio
  • Memoranda
  • -$439Average assets
  • $17,164Average earning assets
  • -$2,726Average equity
  • $7,236Average loans

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