First General Bank in city_name, state_name - Detailed Financial Reports, Location

First General Bank in Rowland Heights, California (CA)
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First General Bank routing number info

First General Bank - Overview

General
FDIC Certificate #: 58060
Status: Active
Federal Reserve ID: 3386264
Date Established: October 13, 2005
WWW: http://www.firstgeneralbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 6 (Domestic: 6, Interstate: No)
FDIC's unique #: 437941
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: October 13, 2005
Last Structure Change Effective Date: August 23, 2011
Last Structure Change Process Date: August 31, 2011
Last Data Update: August 31, 2011
Data Source Date: April 05, 2012
Location
Address: 1744 South Nogales Street, Rowland Heights, CA 91748
County: Los Angeles
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Los Angeles (North)
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)
History of Changes
Participated in Absorption/Consolidation/Merger
Financial Summary
Total assets: $507.0 mil
Equity capital: $43.9 mil
Deposits held in domestic offices: $447.2 mil
Return on assets (ROA): 1.90% ($9.6 mil)
Quarterly return on assets: 0.04% ($0.2 mil)
Return on Equity (ROE): 19.01% ($8.4 mil)
Quarterly return on equity: 0.50% ($0.2 mil)
Net income: $7.2 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: 2.52% ($12,776.7 mil)
Quarterly Pretax return on assets: 0.90% ($4,563.1 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
46Total employees (full-time equivalent)
$507,011Total assets
$115,637Cash and due from depository institutions
$111,699Interest-bearing balances
$6,509Securities
$20,175Federal funds sold & reverse repurchase agreements
$344,590Net loans & leases
$3,193Loan loss allowance
$0Trading account assets
$2,305Bank premises and fixed assets
$4,312Other real estate owned
$497Goodwill and other intangibles
$507,011Life insurance assets
$12,986All other assets
$463,083Total liabilities and capital
$447,176Total liabilities
$420,175Total deposits
$447,176Interest-bearing deposits
$81Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,749Trading liabilities
$0Other borrowed funds
$2,158Subordinated debt
$43,928All other liabilities
$43,928Total equity capital
$43,928Total bank equity capital
$0Perpetual preferred stock
$28,469Common stock
$7,894Surplus
$7,565Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$9,919Income earned, not collected on loans
$0Earning assets
$1,454Long-term assets (5+ years)
$482,973Average Assets, year-to-date
$114,412Average Assets, quarterly
$380,235Volatile liabilities
$508,911Insider loans
$361,564FHLB advances
$516,074Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$41,838Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$33,751Restructured Loans and leases
$3,919Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$18,586Total interest income
$3,513Total interest expense
$15,073Net interest income
$1,026Provision for loan and lease losses
$4,861Total noninterest income
$0Fiduciary activities
$161Service charges on deposit accounts
$0Trading account gains & fees
$4,700Additional noninterest income
$9,331Total noninterest expense
$4,326Salaries and employee benefits
$1,258Premises and equipment expense
$3,747Additional noninterest expense
$9,577Pre-tax net operating income
$0Securities gains (losses)
$2,368Applicable income taxes
$7,209Income before extraordinary items
$0Extraordinary gains - net
$7,209Net income attributable to bank
$0Net charge-offs
$7,209Cash dividends
$440Sale, conversion, retirement of capital stock, net
$668Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.11%Yield on earning assets
0.97%Cost of funding earning assets
4.14%Net interest margin
1.34%Noninterest income to earning assets
2.56%Noninterest expense to earning assets
1.90%Net operating income to assets
1.90%Return on assets (ROA)
2.52%Pretax return on assets
19.01%Return on equity (ROE)
17.25%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
233.18%Credit loss provision to net charge-offs
24.10%Efficiency ratio
46,809Assets per employee
11.02%Cash dividends to net income (YTD only)
Condition Ratios (%)
9.27%Loss allowance to loans
0.92%Loss allowance to noncurrent loans
32.19%Noncurrent assets plus other real estate owned to assets
2.81%Noncurrent loans to loans
2.85%Net loans and leases to deposits
77.06%Net loans and leases to core deposits
94.39%Equity capital to assets
8.66%Core capital (leverage) ratio
8.11%Tier 1 risk-based capital ratio
11.57%Total risk-based capital ratio
Memoranda
$12Average assets
$380,235Average earning assets
$37,928Average equity
$363,913Average loans

List of branches

6 California Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	437941	First General Bank	1744 South Nogales Street, Rowland Heights, CA 91748	October 13, 2005	Full Service Brick and Mortar
1	445273	Arcadia Branch	1127 South Baldwin Avenue, Arcadia, CA 91007	October 24, 2005	Full Service Brick and Mortar
2	468436	San Gabriel	801 E. Valley Blvd Unit 103, San Gabriel, CA 91776	September 28, 2007	Full Service Brick and Mortar
3	359426	American Premier Bank Branch	336 East Huntington Drive, Arcadia, CA 91006	July 07, 2003	Full Service Brick and Mortar
4	518287	Irvine Branch	5404 C Walnut Avenue, Irvine, CA 92604	December 08, 2010	Full Service Brick and Mortar
5	35339	Golden Security Bank Branch	2112 Walnut Grove Avenue, Rosemead, CA 91770	December 09, 1982	Full Service Brick and Mortar

First General Bank in Rowland Heights, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First General Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First General Bank in Rowland Heights, California (CA)Overview, Financial Summary, Detailed Financial Reports, Branches

First General Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

Comment about this bank, ask questions, or add new information about it:

First General Bank in Rowland Heights, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches