First Bank & Trust in Newport Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 2000

  • First Bank & Trust in Newport Beach, California (CA)
  • Show street view No street view available for this location

First Bank & Trust - Overview

  • General
  • FDIC Certificate #: 20233
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank & Trust (#18678)
    Federal Reserve ID: 642969
    Date Established: August 12, 1970
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 29 (Interstate: No)
    OTS Docket #: 13683
    FDIC's unique #: 13914
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 12, 1970
    Last Structure Change Effective Date: November 01, 2000
    Last Structure Change Process Date: December 18, 2000
    Last Data Update: December 18, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 4301 Macarthur Boulevard, Newport Beach, CA 92660
    County: Orange
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    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)
  • Financial Summary
  • Total assets: $1,112.1 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, 1999)

  • Dollar figures in thousands
  • 269Total employees (full-time equivalent)
  • $943,445Total assets
  • $28,077Cash and due from depository institutions
  • $1,043Interest-bearing balances
  • $103,636Securities
  • $27,500Federal funds sold & reverse repurchase agreements
  • $721,231Net loans & leases
  • $15,581Loan loss allowance
  • $0Trading account assets
  • $13,291Bank premises and fixed assets
  • $329Other real estate owned
  • $16,053Goodwill and other intangibles
  • $0Life insurance assets
  • $33,328All other assets
  • $943,445Total liabilities and capital
  • $841,431Total liabilities
  • $804,476Total deposits
  • $638,162Interest-bearing deposits
  • $804,476Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $29,073Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $1,347Other borrowed funds
  • $0Subordinated debt
  • $6,535All other liabilities
  • $102,014Total equity capital
  • $102,014Total bank equity capital
  • $102,014Perpetual preferred stock
  • $0Common stock
  • $23,627Surplus
  • $69,086Undivided profits
  • Memoranda
  • $9,301Noncurrent loans and leases
  • $250,098Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $11,628Earning assets
  • $922Long-term assets (5+ years)
  • $4,245Average Assets, year-to-date
  • $853,410Average Assets, quarterly
  • $40,624Volatile liabilities
  • $811,175Insider loans
  • $874,708FHLB advances
  • $124,050Loans and leases held for sale
  • $7Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $190,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $250,098Total unused commitments
  • $2,961Restructured Loans and leases
  • $10,463Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $63,765Total interest income
  • $25,707Total interest expense
  • $38,058Net interest income
  • $3,790Provision for loan and lease losses
  • $4,315Total noninterest income
  • $368Fiduciary activities
  • $2,142Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,805Additional noninterest income
  • $25,975Total noninterest expense
  • $10,062Salaries and employee benefits
  • $5,625Premises and equipment expense
  • $10,288Additional noninterest expense
  • $12,608Pre-tax net operating income
  • $311Securities gains (losses)
  • $5,221Applicable income taxes
  • $7,698Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,698Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,571Sale, conversion, retirement of capital stock, net
  • $4,000Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.77%Yield on earning assets
  • 3.53%Cost of funding earning assets
  • 5.23%Net interest margin
  • 0.59%Noninterest income to earning assets
  • 3.57%Noninterest expense to earning assets
  • 0.92%Net operating income to assets
  • 0.95%Return on assets (ROA)
  • 1.59%Pretax return on assets
  • 9.65%Return on equity (ROE)
  • 4.63%Retained earnings to average equity (YTD only)
  • 0.41%Net charge-offs to loans
  • 147.41%Credit loss provision to net charge-offs
  • 6.38%Efficiency ratio
  • 58,568Assets per employee
  • 3.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.96%Loss allowance to loans
  • 2.11%Loss allowance to noncurrent loans
  • 134.00%Noncurrent assets plus other real estate owned to assets
  • 1.27%Noncurrent loans to loans
  • 1.58%Net loans and leases to deposits
  • 89.65%Net loans and leases to core deposits
  • 101.54%Equity capital to assets
  • 10.81%Core capital (leverage) ratio
  • 8.58%Tier 1 risk-based capital ratio
  • 9.70%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $811,175Average earning assets
  • $79,810Average equity
  • $727,350Average 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 First Bank & Trust.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents