First Citizens Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 19, 1996

  • First Citizens Bank in Los Angeles, California (CA)
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First Citizens Bank - Overview

  • General
  • FDIC Certificate #: 26768
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: California Federal Bank (#30278)
    Federal Reserve ID: 305367
    Date Established: September 10, 1986
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 35886
    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: September 10, 1986
    Last Structure Change Effective Date: October 19, 1996
    Last Structure Change Process Date: October 31, 1996
    Last Data Update: October 31, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 5000 Van Nuys Boulevard, Los Angeles, CA 91403
    County: Los Angeles
    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): 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: $43.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $18Total assets
  • $43,061Cash and due from depository institutions
  • $3,349Interest-bearing balances
  • $0Securities
  • $16,108Federal funds sold & reverse repurchase agreements
  • $1,700Net loans & leases
  • $20,815Loan loss allowance
  • $519Trading account assets
  • $0Bank premises and fixed assets
  • $79Other real estate owned
  • $416Goodwill and other intangibles
  • $594Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $43,061Total liabilities
  • $37,566Total deposits
  • $37,087Interest-bearing deposits
  • $24,771Deposits held in domestic offices
  • 37087.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $479Total equity capital
  • $479Total bank equity capital
  • $5,495Perpetual preferred stock
  • $0Common stock
  • $2,162Surplus
  • $2,075Undivided profits
  • Memoranda
  • $1,258Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $149Income earned, not collected on loans
  • $100Earning assets
  • $38,623Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $45,131Average Assets, quarterly
  • $43,950Volatile liabilities
  • $7,605Insider loans
  • $1,313FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,810Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,485Total risk weighted assets
  • $26,544Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,531Total interest expense
  • $937Net interest income
  • $2,594Provision for loan and lease losses
  • $138Total noninterest income
  • $458Fiduciary activities
  • $0Service charges on deposit accounts
  • $218Trading account gains & fees
  • $0Additional noninterest income
  • $240Total noninterest expense
  • $1,829Salaries and employee benefits
  • $849Premises and equipment expense
  • $272Additional noninterest expense
  • $708Pre-tax net operating income
  • $1,085Securities gains (losses)
  • $0Applicable income taxes
  • $406Income before extraordinary items
  • $679Extraordinary gains - net
  • $0Net income attributable to bank
  • $679Net charge-offs
  • $96Cash dividends
  • $57Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.76%Cost of funding earning assets
  • 2.33%Net interest margin
  • 6.44%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 4.54%Net operating income to assets
  • 1.50%Return on assets (ROA)
  • 1.50%Pretax return on assets
  • 2.40%Return on equity (ROE)
  • 13.20%Retained earnings to average equity (YTD only)
  • 12.10%Net charge-offs to loans
  • 0.46%Credit loss provision to net charge-offs
  • 143.75%Efficiency ratio
  • 59,928Assets per employee
  • 2.39%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 8.39%Loss allowance to loans
  • 2.43%Loss allowance to noncurrent loans
  • 348.32%Noncurrent assets plus other real estate owned to assets
  • 1.31%Noncurrent loans to loans
  • 0.70%Net loans and leases to deposits
  • 56.12%Net loans and leases to core deposits
  • 70.60%Equity capital to assets
  • 12.76%Core capital (leverage) ratio
  • 12.48%Tier 1 risk-based capital ratio
  • 20.66%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $45,131Average earning assets
  • $5,142Average equity
  • $40,297Average loans

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