Eastern International Bank in Los Angeles, California (CA)



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Eastern International Bank routing number info

Table of contents:
Eastern International Bank
GeneralFDIC Certificate #: 32277
Status: Active
Federal Reserve ID: 206772
Date Established: Febuary 26, 1985
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
OTS Docket #: 8084
FDIC's unique #: 45111
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 26, 1985
Last Structure Change Effective Date: December 02, 2008
Last Structure Change Process Date: December 02, 2008
Last Data Update: December 02, 2008
Data Source Date: April 05, 2012
LocationAddress: 688 New High Street, Los Angeles, CA 90012
County: Los Angeles
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Los Angeles (North)
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 SummaryTotal assets: $126.7 mil
Equity capital: $15.3 mil
Deposits held in domestic offices: $111.3 mil
Return on assets (ROA): 0.82% ($1.0 mil)
Quarterly return on assets: 0.74% ($0.9 mil)
Return on Equity (ROE): 6.64% ($1.0 mil)
Quarterly return on equity: 6.12% ($0.9 mil)
Net income: $1.0 mil
Quarterly Net income: $0.2 mil
Pretax return on assets: 1.42% ($1,799.5 mil)
Quarterly Pretax return on assets: 1.35% ($1,710.8 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, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)26
Total assets$126,723
Cash and due from depository institutions$36,842
Interest-bearing balances$35,936
Securities$4,004
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$84,359
Loan loss allowance $1,230
Trading account assets$0
Bank premises and fixed assets$46
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$1,472
Life insurance assets$126,723
Total liabilities and capital$111,382
Total liabilities$111,258
Total deposits$107,062
Interest-bearing deposits$111,258
Deposits held in domestic offices$82
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $124
All other liabilities $15,341
Total equity capital$15,341
Total bank equity capital$15,341
Perpetual preferred stock$0
Common stock$4,237
Surplus$2,186
Undivided profits $8,918
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $361
Average Assets, year-to-date $124,299
Average Assets, quarterly $15,809
Volatile liabilities $120,825
Insider loans $125,392
FHLB advances $87,839
Loans and leases held for sale $126,555
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $15,338
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,373
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,229
Total interest expense $984
Net interest income $4,245
Provision for loan and lease losses $6
Total noninterest income $190
Fiduciary activities $0
Service charges on deposit accounts $116
Trading account gains & fees $0
Additional noninterest income $74
Total noninterest expense $2,713
Salaries and employee benefits $1,402
Premises and equipment expense $635
Additional noninterest expense $676
Pre-tax net operating income $1,716
Securities gains (losses) $0
Applicable income taxes $730
Income before extraordinary items $986
Extraordinary gains - net $0
Net income attributable to bank $986
Net charge-offs $0
Cash dividends $986
Sale, conversion, retirement of capital stock, net $0
Net operating income $53
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.42%
Cost of funding earning assets 0.83%
Net interest margin 3.59%
Noninterest income to earning assets 0.16%
Noninterest expense to earning assets 2.29%
Net operating income to assets 0.82%
Return on assets (ROA) 0.82%
Pretax return on assets 1.42%
Return on equity (ROE) 6.64%
Retained earnings to average equity (YTD only) 6.28%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$61,172
Cash dividends to net income (YTD only)4.87%
Condition Ratios (%)
Loss allowance to loans 5.38%
Loss allowance to noncurrent loans 1.44%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 75.82%
Equity capital to assets 89.85%
Core capital (leverage) ratio 12.11%
Tier 1 risk-based capital ratio 12.12%
Total risk-based capital ratio 17.46%
Memoranda
Average assets$19
Average earning assets$120,825
Average equity $14,848
Average loans $118,361
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2 California Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
045111Eastern International Bank688 New High Street, Los Angeles, CA 90012Febuary 26, 1985Full Service Brick and Mortar
101287445Alhambra Branch328 West Valley Boulevard, Alhambra, CA 91803June 30, 1988Full Service Brick and Mortar
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