First Commercial Bank in Sacramento, California (CA)



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First Commercial Bank
GeneralFDIC Certificate #: 22915
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: First Bank of California (#32036)
Federal Reserve ID: 244868
Date Established: July 30, 1979
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Interstate: No)
FDIC's unique #: 16022
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: July 30, 1979
Last Structure Change Effective Date: Febuary 09, 1998
Last Structure Change Process Date: March 26, 1998
Last Data Update: March 26, 1998
Data Source Date: April 05, 2012
LocationAddress: 865 Howe Avenue, Suite 310, 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: $190.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)
(Dollar figures in thousands)
Total employees (full-time equivalent)55
Total assets$190,814
Cash and due from depository institutions$8,743
Interest-bearing balances$0
Securities$64,390
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$113,326
Loan loss allowance $4,692
Trading account assets$0
Bank premises and fixed assets$2,016
Other real estate owned$220
Goodwill and other intangibles$0
All other assets$2,119
Life insurance assets$0
Total liabilities and capital$190,814
Total liabilities$175,871
Total deposits$172,737
Interest-bearing deposits$141,502
Deposits held in domestic offices$172,737
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $880
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $2,254
Total equity capital$14,943
Total bank equity capital$14,943
Perpetual preferred stock$14,943
Common stock$1,500
Surplus$1,179
Undivided profits $10,465
Memoranda
Noncurrent loans and leases $1,799
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $435
Long-term assets (5+ years) $0
Average Assets, year-to-date $820
Average Assets, quarterly $177,716
Volatile liabilities $1,573
Insider loans $167,305
FHLB advances $185,022
Loans and leases held for sale $14,770
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $0
Total risk weighted assets $0
Total unused commitments $99,129
Restructured Loans and leases $0
Derivatives$139,160
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Income and Expense (December 31, 1997)
(Dollar figures in thousands)
Total interest income $13,637
Total interest expense $5,447
Net interest income $8,190
Provision for loan and lease losses $0
Total noninterest income $848
Fiduciary activities $0
Service charges on deposit accounts $587
Trading account gains & fees $0
Additional noninterest income $261
Total noninterest expense $5,824
Salaries and employee benefits $2,007
Premises and equipment expense $1,061
Additional noninterest expense $2,756
Pre-tax net operating income $3,214
Securities gains (losses) $0
Applicable income taxes $1,385
Income before extraordinary items $1,829
Extraordinary gains - net $0
Net income attributable to bank $1,829
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net -$95
Net operating income $200
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Performance and Condition Ratios (December 31, 1997)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets8.81%
Cost of funding earning assets 3.52%
Net interest margin 5.29%
Noninterest income to earning assets 0.55%
Noninterest expense to earning assets 3.76%
Net operating income to assets 1.09%
Return on assets (ROA) 1.09%
Pretax return on assets 1.92%
Return on equity (ROE) 12.98%
Retained earnings to average equity (YTD only) 11.56%
Net charge-offs to loans -0.09%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$64,439
Cash dividends to net income (YTD only)3.47%
Condition Ratios (%)
Loss allowance to loans 10.93%
Loss allowance to noncurrent loans 3.98%
Noncurrent assets plus other real estate owned to assets 1078.62%
Noncurrent loans to loans 0.34%
Net loans and leases to deposits0.37%
Net loans and leases to core deposits 65.61%
Equity capital to assets 71.34%
Core capital (leverage) ratio 7.83%
Tier 1 risk-based capital ratio 7.93%
Total risk-based capital ratio 10.62%
Memoranda
Average assets$12
Average earning assets$167,305
Average equity $14,095
Average loans $154,873
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