First California Bank in Westlake Village, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First California Bank - Overview

  • General
  • FDIC Certificate #: 22819
    Status: Active
    Federal Reserve ID: 994565
    Bank Holding Company (Regulatory Top Holder): First California Financial Group, Inc. (RSSDID: 1031681, Location: Westlake Village, CA)
    Date Established: Febuary 27, 1979
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 22 (Domestic: 22, Interstate: No)
    FDIC's unique #: 15938
    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 27, 1979
    Last Structure Change Effective Date: Febuary 18, 2011
    Last Structure Change Process Date: Febuary 22, 2011
    Last Data Update: Febuary 22, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 3027 Townsgate Rd # 300, Westlake Village, CA 91361
    County: Ventura
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Ventura, CA (#8735)
    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): Oxnard-Thousand Oaks-Ventura, CA (#37100)
    CBSA Metro Statistical Area: Oxnard-Thousand Oaks-Ventura, CA (#37100)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $1,813.2 mil
    Equity capital: $247.0 mil
    Deposits held in domestic offices: $1,428.5 mil
    Return on assets (ROA): 1.47% ($26.7 mil)
    Quarterly return on assets: 0.82% ($14.9 mil)
    Return on Equity (ROE): 10.85% ($26.8 mil)
    Quarterly return on equity: 6.01% ($14.8 mil)
    Net income: $25.7 mil
    Quarterly Net income: $3.7 mil
    Pretax return on assets: 2.53% ($45,873.0 mil)
    Quarterly Pretax return on assets: 1.40% ($25,384.3 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
  • 304Total employees (full-time equivalent)
  • $1,813,161Total assets
  • $61,410Cash and due from depository institutions
  • $40,459Interest-bearing balances
  • $453,735Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,053,768Net loans & leases
  • $17,747Loan loss allowance
  • $0Trading account assets
  • $17,953Bank premises and fixed assets
  • $34,567Other real estate owned
  • $74,724Goodwill and other intangibles
  • $1,813,161Life insurance assets
  • $117,004All other assets
  • $1,566,184Total liabilities and capital
  • $1,428,464Total liabilities
  • $946,235Total deposits
  • $1,428,464Interest-bearing deposits
  • $58Deposits held in domestic offices
  • 30000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $87,719Trading liabilities
  • $0Other borrowed funds
  • $20,001Subordinated debt
  • $246,977All other liabilities
  • $246,977Total equity capital
  • $246,977Total bank equity capital
  • $0Perpetual preferred stock
  • $19,739Common stock
  • $185,121Surplus
  • $42,117Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $32,918Income earned, not collected on loans
  • $1,173Earning assets
  • $5,694Long-term assets (5+ years)
  • $1,547,962Average Assets, year-to-date
  • $474,601Average Assets, quarterly
  • $1,753,731Volatile liabilities
  • $1,809,384Insider loans
  • $1,124,304FHLB advances
  • $1,749,209Loans and leases held for sale
  • $12,670Unused loan commitments
  • $12,670Tier 1 (core) risk-based capital
  • $178,126Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $159,530Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $72,597Total interest income
  • $11,810Total interest expense
  • $60,787Net interest income
  • $5,346Provision for loan and lease losses
  • $46,246Total noninterest income
  • $0Fiduciary activities
  • $3,447Service charges on deposit accounts
  • $0Trading account gains & fees
  • $42,799Additional noninterest income
  • $57,017Total noninterest expense
  • $24,818Salaries and employee benefits
  • $6,298Premises and equipment expense
  • $25,901Additional noninterest expense
  • $44,670Pre-tax net operating income
  • -$365Securities gains (losses)
  • $18,593Applicable income taxes
  • $25,712Income before extraordinary items
  • $0Extraordinary gains - net
  • $25,712Net income attributable to bank
  • $0Net charge-offs
  • $25,712Cash dividends
  • $4,632Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.84%Yield on earning assets
  • 0.79%Cost of funding earning assets
  • 4.06%Net interest margin
  • 3.09%Noninterest income to earning assets
  • 3.80%Noninterest expense to earning assets
  • 1.48%Net operating income to assets
  • 1.47%Return on assets (ROA)
  • 2.53%Pretax return on assets
  • 10.85%Return on equity (ROE)
  • 10.85%Retained earnings to average equity (YTD only)
  • 0.43%Net charge-offs to loans
  • 115.41%Credit loss provision to net charge-offs
  • 10.80%Efficiency ratio
  • 51,132Assets per employee
  • 5.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.66%Loss allowance to noncurrent loans
  • 53.91%Noncurrent assets plus other real estate owned to assets
  • 3.72%Noncurrent loans to loans
  • 3.07%Net loans and leases to deposits
  • 73.77%Net loans and leases to core deposits
  • 83.41%Equity capital to assets
  • 13.62%Core capital (leverage) ratio
  • 10.18%Tier 1 risk-based capital ratio
  • 15.84%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $1,753,731Average earning assets
  • $237,071Average equity
  • $1,498,541Average loans

List of branches

  • 22 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015938First California Bank3027 Townsgate Rd # 300, Westlake Village, CA 91361Febuary 27, 1979Full Service Brick and Mortar
    1255350Westlake Village Branch32111 Agoura Road, Westlake Village, CA 91361December 10, 1990Full Service Brick and Mortar
    2294976Oxnard Branch300 Esplanade Drive, Suite 102, Oxnard, CA 93030March 27, 2000Full Service Brick and Mortar
    4420038Ventura Branch1794 S. Victoria Avenue, Suite B, Ventura, CA 93003August 15, 2002Full Service Brick and Mortar
    5430841Thousand Oaks Branch11-A E Hillcrest Drive, Thousand Oaks, CA 91360October 15, 2003Full Service Brick and Mortar
    6442612Simi Valley Branch1685 Simi Town Center Way, Simi Valley, CA 93065January 24, 2005Full Service Brick and Mortar
    7443932Camarillo Branch1150 Paseo Camarillo, Camarillo, CA 93010Febuary 13, 2004Full Service Brick and Mortar
    10446827Encinitas Branch191 N El Camino Real, Suite 202, Encinitas, CA 92024December 05, 2005Limited Service Loan Production
    11453601Sherman Oaks Branch13245 Riverside Dr Suite #540, Sherman Oaks, CA 91423March 01, 2006Limited Service Loan Production
    12454543Irvine Branch19752 Macarthur Boulevard, Irvine, CA 92612December 05, 2005Full Service Brick and Mortar
    15464493Torrance Branch2200 Sepulveda Boulevard, Torrance, CA 90510June 19, 2007Full Service Brick and Mortar
    16359899Encino Branch16661 Ventura Boulevard, Suite 110, Encino, CA 91436March 05, 2001Full Service Brick and Mortar
    17464494Century City Branch1880 Century Park East, Ste 110, Los Angeles, CA 90067June 16, 2007Full Service Brick and Mortar
    1846233Redlands Branch218 East State Street, Redlands, CA 92373August 01, 1990Full Service Brick and Mortar
    19359392Brea Branch10 Pointe Drive, Suite 130, Brea, CA 92821January 22, 2001Full Service Brick and Mortar
    2045060Escondido Branch320 West Mission Avenue, Escondido, CA 92025June 19, 1984Full Service Brick and Mortar
    21419026Palm Desert Branch78-000 Fred Waring Drive, Suite 100, Palm Desert, CA 92211March 03, 2003Full Service Brick and Mortar
    22438767Irwindale Branch15622 Arrow Highway, Irwindale, CA 91706Febuary 22, 2005Full Service Brick and Mortar
    23444014Temecula Branch27645 Jefferson Avenue, Suite 116, Temecula, CA 92590August 15, 2005Full Service Brick and Mortar
    24490977Glendale Branch505 N. Brand Blvd., Suite 110, Glendale, CA 91203July 03, 2008Full Service Brick and Mortar
    25439442Woodland Hills Branch21550 Oxnard Street, Suite 100, Woodland Hills, CA 91367Febuary 06, 2006Full Service Brick and Mortar
    2661557San Luis Obispo Branch1001 Marsh Street, San Luis Obispo, CA 93401Febuary 24, 1999Full Service Brick and Mortar

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