EverTrust Bank in City Of Industry, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


EverTrust Bank - Overview

  • General
  • FDIC Certificate #: 34010
    Status: Active
    Federal Reserve ID: 2297998
    Bank Holding Company (Regulatory Top Holder): Industrial Bank Of Taiwan Co., Ltd., The (RSSDID: 3462494, Location: Taipei)
    Date Established: May 03, 1995
    WWW: http://www.evertrustbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 55588
    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: May 03, 1995
    Last Structure Change Effective Date: Febuary 10, 2012
    Last Structure Change Process Date: Febuary 10, 2012
    Last Data Update: Febuary 10, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: Puente Hills Mall #700, 1600 South Azusa Avenue, City Of Industry, CA 91748
    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 Summary
  • Total assets: $483.5 mil
    Equity capital: $113.9 mil
    Deposits held in domestic offices: $332.8 mil
    Return on assets (ROA): 0.86% ($4.2 mil)
    Quarterly return on assets: 0.55% ($2.7 mil)
    Return on Equity (ROE): 3.68% ($4.2 mil)
    Quarterly return on equity: 2.34% ($2.7 mil)
    Net income: $4.1 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 1.49% ($7,203.6 mil)
    Quarterly Pretax return on assets: 1.06% ($5,124.7 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
  • 69Total employees (full-time equivalent)
  • $483,463Total assets
  • $9,028Cash and due from depository institutions
  • $6,882Interest-bearing balances
  • $79,210Securities
  • $18,500Federal funds sold & reverse repurchase agreements
  • $304,205Net loans & leases
  • $8,158Loan loss allowance
  • $0Trading account assets
  • $767Bank premises and fixed assets
  • $7,420Other real estate owned
  • $38,844Goodwill and other intangibles
  • $483,463Life insurance assets
  • $25,489All other assets
  • $369,580Total liabilities and capital
  • $332,763Total liabilities
  • $304,584Total deposits
  • $332,763Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $32,000Trading liabilities
  • $0Other borrowed funds
  • $4,817Subordinated debt
  • $113,883All other liabilities
  • $113,883Total equity capital
  • $113,883Total bank equity capital
  • $0Perpetual preferred stock
  • $108,402Common stock
  • $0Surplus
  • $5,481Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $718Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $12,091Income earned, not collected on loans
  • $0Earning assets
  • $1,600Long-term assets (5+ years)
  • $408,797Average Assets, year-to-date
  • $19,876Average Assets, quarterly
  • $477,563Volatile liabilities
  • $481,654Insider loans
  • $327,254FHLB advances
  • $443,091Loans and leases held for sale
  • $11,092Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $72,115Tier 2 risk-based capital
  • $11,092Total risk weighted assets
  • $0Total unused commitments
  • $37,275Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $18,208Total interest income
  • $3,240Total interest expense
  • $14,968Net interest income
  • $1,240Provision for loan and lease losses
  • $2,506Total noninterest income
  • $0Fiduciary activities
  • $93Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,413Additional noninterest income
  • $10,355Total noninterest expense
  • $5,296Salaries and employee benefits
  • $1,606Premises and equipment expense
  • $3,453Additional noninterest expense
  • $5,879Pre-tax net operating income
  • $1,250Securities gains (losses)
  • $3,021Applicable income taxes
  • $4,108Income before extraordinary items
  • $0Extraordinary gains - net
  • $4,108Net income attributable to bank
  • $0Net charge-offs
  • $4,108Cash dividends
  • $309Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.59%Yield on earning assets
  • 0.82%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 2.61%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.86%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 3.68%Return on equity (ROE)
  • 3.68%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 401.29%Credit loss provision to net charge-offs
  • 23.04%Efficiency ratio
  • 57,056Assets per employee
  • 7.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 67.47%Noncurrent assets plus other real estate owned to assets
  • 4.04%Noncurrent loans to loans
  • 3.87%Net loans and leases to deposits
  • 91.42%Net loans and leases to core deposits
  • 100.03%Equity capital to assets
  • 23.56%Core capital (leverage) ratio
  • 16.28%Tier 1 risk-based capital ratio
  • 22.04%Total risk-based capital ratio
  • Memoranda
  • $23Average assets
  • $477,563Average earning assets
  • $111,481Average equity
  • $396,923Average loans

List of branches

  • 6 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    055588Evertrust BankPuente Hills Mall #700, 1600 South Azusa Avenue, City Of Industry, CA 91748May 03, 1995Full Service Brick and Mortar
    1290297Alhambra Branch200 South Garfield Avenue, Alhambra, CA 91801May 12, 1997Full Service Brick and Mortar
    2428106Tustin Branch3059 E. Edinger Avenue, Tustin, CA 92780April 05, 2004Full Service Brick and Mortar
    3432265Rosemead Branch3640 Rosemead Boulevard, Rosemead, CA 91770September 20, 2004Full Service Brick and Mortar
    4492913Cupertino Branch20510 Stevens Creek Blvd., Cupertino, CA 95014September 08, 2008Full Service Brick and Mortar
    5492914Arcadia Branch1228 S. Baldwin Ave, Arcadia, CA 91007December 22, 2008Full Service Brick and Mortar

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