First California Bank in La Mesa, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 10, 1993

  • First California Bank in La Mesa, California (CA)
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First California Bank - Overview

  • General
  • FDIC Certificate #: 26488
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Community First National Bank (#24385)
    Federal Reserve ID: 837662
    Date Established: December 09, 1985
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 33156
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 09, 1985
    Last Structure Change Effective Date: July 10, 1993
    Last Structure Change Process Date: July 13, 1993
    Last Data Update: October 10, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 5250 Jackson Drive, La Mesa, CA 92041
    County: San Diego
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • History of Changes
  • Absorption - Assisted
    Corrections
    Office Sold
  • Financial Summary
  • Total assets: $79.4 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $39Total assets
  • $84,372Cash and due from depository institutions
  • $3,702Interest-bearing balances
  • $0Securities
  • $6,730Federal funds sold & reverse repurchase agreements
  • $5,954Net loans & leases
  • $52,553Loan loss allowance
  • $794Trading account assets
  • $0Bank premises and fixed assets
  • $1,880Other real estate owned
  • $12,211Goodwill and other intangibles
  • $1,342Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $84,372Total liabilities
  • $82,311Total deposits
  • $80,622Interest-bearing deposits
  • $71,519Deposits held in domestic offices
  • 80622.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,305Subordinated debt
  • $0All other liabilities
  • $384Total equity capital
  • $384Total bank equity capital
  • $2,061Perpetual preferred stock
  • $0Common stock
  • $8,197Surplus
  • $0Undivided profits
  • Memoranda
  • $-6,136Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,559Income earned, not collected on loans
  • $356Earning assets
  • $65,237Long-term assets (5+ years)
  • $1,853Average Assets, year-to-date
  • $107,316Average Assets, quarterly
  • $90,133Volatile liabilities
  • $10,817Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $9,576Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,061Total risk weighted assets
  • $69,905Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,471Total interest expense
  • $4,108Net interest income
  • $3,363Provision for loan and lease losses
  • $430Total noninterest income
  • $1,823Fiduciary activities
  • $0Service charges on deposit accounts
  • $261Trading account gains & fees
  • $0Additional noninterest income
  • $1,562Total noninterest expense
  • $7,988Salaries and employee benefits
  • $2,177Premises and equipment expense
  • $772Additional noninterest expense
  • $5,039Pre-tax net operating income
  • -$3,232Securities gains (losses)
  • $0Applicable income taxes
  • -$160Income before extraordinary items
  • -$3,072Extraordinary gains - net
  • $0Net income attributable to bank
  • -$3,072Net charge-offs
  • $1,279Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $750Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.47%Cost of funding earning assets
  • 5.21%Net interest margin
  • 4.26%Noninterest income to earning assets
  • 2.31%Noninterest expense to earning assets
  • 10.13%Net operating income to assets
  • -2.86%Return on assets (ROA)
  • -2.86%Pretax return on assets
  • -3.01%Return on equity (ROE)
  • -77.90%Retained earnings to average equity (YTD only)
  • -77.90%Net charge-offs to loans
  • 1.95%Credit loss provision to net charge-offs
  • 33.62%Efficiency ratio
  • 154,030Assets per employee
  • 2.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 50.93%Noncurrent assets plus other real estate owned to assets
  • 12.96%Noncurrent loans to loans
  • 2.92%Net loans and leases to deposits
  • 65.18%Net loans and leases to core deposits
  • 73.90%Equity capital to assets
  • 2.44%Core capital (leverage) ratio
  • 2.28%Tier 1 risk-based capital ratio
  • 2.95%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $107,316Average earning assets
  • $3,943Average equity
  • $78,862Average loans

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