First Bank of California in Sacramento, California (CA)



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First Bank of California
GeneralFDIC Certificate #: 32036
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank & Trust (#18678)
Federal Reserve ID: 693961
Date Established: August 26, 1980
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 14 (Interstate: No)
OTS Docket #: 15614
FDIC's unique #: 44870
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
SAIF Insured: Yes
Oakar Institutions: Yes
State Chartered: Yes
Date of Deposit Insurance: August 26, 1980
Last Structure Change Effective Date: November 01, 2000
Last Structure Change Process Date: December 20, 2000
Last Data Update: December 20, 2000
Data Source Date: April 05, 2012
LocationAddress: 865 Howe Avenue, Sacramento, CA 95825
County: Sacramento
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: Kansas City
FDIC Field Office: Sacramento
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Sacramento, CA (#6920)
Consolidated Metropolitan Statistical Area (CMSA): Sacramento-Yolo, CA (#82)
Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
Core Based Statistical Area (CBSA): Sacramento-Arden-Arcade-Roseville, CA (#40900)
CBSA Metro Statistical Area: Sacramento-Arden-Arcade-Roseville, CA (#40900)
Financial SummaryTotal assets: $575.4 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)
Total employees (full-time equivalent)115
Total assets$431,591
Cash and due from depository institutions$11,072
Interest-bearing balances$17
Securities$20,744
Federal funds sold & reverse repurchase agreements$900
Net loans & leases$371,398
Loan loss allowance $8,233
Trading account assets$0
Bank premises and fixed assets$5,644
Other real estate owned$60
Goodwill and other intangibles$7,138
All other assets$14,635
Life insurance assets$0
Total liabilities and capital$431,591
Total liabilities$383,600
Total deposits$368,117
Interest-bearing deposits$314,357
Deposits held in domestic offices$368,117
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $14,371
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $1,112
Total equity capital$47,991
Total bank equity capital$47,991
Perpetual preferred stock$47,991
Common stock$0
Surplus$100
Undivided profits $40,633
Memoranda
Noncurrent loans and leases $7,258
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $165,390
Income earned, not collected on loans $0
Earning assets $4,392
Long-term assets (5+ years) $47
Average Assets, year-to-date $2,362
Average Assets, quarterly $393,059
Volatile liabilities $10,521
Insider loans $413,024
FHLB advances $426,930
Loans and leases held for sale $58,136
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $120,000
Total risk weighted assets $0
Total unused commitments $165,390
Restructured Loans and leases $0
Derivatives$5,394
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Income and Expense (December 31, 1999)
(Dollar figures in thousands)
Total interest income $33,928
Total interest expense $12,285
Net interest income $21,643
Provision for loan and lease losses $110
Total noninterest income $3,793
Fiduciary activities $0
Service charges on deposit accounts $1,357
Trading account gains & fees $0
Additional noninterest income $2,436
Total noninterest expense $15,109
Salaries and employee benefits $5,008
Premises and equipment expense $2,186
Additional noninterest expense $7,915
Pre-tax net operating income $10,217
Securities gains (losses) $88
Applicable income taxes $3,972
Income before extraordinary items $6,333
Extraordinary gains - net $0
Net income attributable to bank $6,333
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net -$45
Net operating income $1,750
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Performance and Condition Ratios (December 31, 1999)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets9.16%
Cost of funding earning assets 3.32%
Net interest margin 5.84%
Noninterest income to earning assets 1.02%
Noninterest expense to earning assets 4.08%
Net operating income to assets 1.52%
Return on assets (ROA) 1.53%
Pretax return on assets 2.50%
Return on equity (ROE) 14.20%
Retained earnings to average equity (YTD only) 10.27%
Net charge-offs to loans -0.01%
Credit loss provision to net charge-offs -244.44%
Efficiency ratio0.00%
Assets per employee$57,104
Cash dividends to net income (YTD only)3.75%
Condition Ratios (%)
Loss allowance to loans 27.63%
Loss allowance to noncurrent loans 2.17%
Noncurrent assets plus other real estate owned to assets 187.45%
Noncurrent loans to loans 1.03%
Net loans and leases to deposits1.16%
Net loans and leases to core deposits 100.89%
Equity capital to assets 114.50%
Core capital (leverage) ratio 11.12%
Tier 1 risk-based capital ratio 9.96%
Total risk-based capital ratio 9.56%
Memoranda
Average assets$11
Average earning assets$413,024
Average equity $44,610
Average loans $370,530
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