FDIC Certificate #: 57961 Status: Inactive Closing history: Absorption - Assisted Acquiring institution:Mutual of Omaha Bank (#32325) Federal Reserve ID: 3311789 Date Established: Febuary 15, 2005 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 3 (Interstate: No) FDIC's unique #: 432636 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: Febuary 15, 2005 Last Structure Change Effective Date: July 25, 2008 Last Structure Change Process Date: July 28, 2008 Last Data Update: July 28, 2008 Data Source Date: April 05, 2012
Location
Address: 4675 Macarthur Court, Suite 1480, Newport Beach, CA 92660 County: Orange 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): Orange County, CA (#5945) 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: Santa Ana-Anaheim-Irvine, CA (#42044)
Financial Summary
Total assets: $255.4 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
30Total employees (full-time equivalent)
$137,728Total assets
$11,442Cash and due from depository institutions
$0Interest-bearing balances
$192Securities
$60,500Federal funds sold & reverse repurchase agreements
$62,677Net loans & leases
$699Loan loss allowance
$0Trading account assets
$315Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,602All other assets
$137,728Total liabilities and capital
$116,967Total liabilities
$114,013Total deposits
$84,933Interest-bearing deposits
$114,013Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,954All other liabilities
$20,761Total equity capital
$20,761Total bank equity capital
$20,761Perpetual preferred stock
$0Common stock
$1Surplus
$19,999Undivided profits
Memoranda
$761Noncurrent loans and leases
$22,056Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$1,997Earning assets
$0Long-term assets (5+ years)
$224Average Assets, year-to-date
$123,369Average Assets, quarterly
$192Volatile liabilities
$208,982Insider loans
$185,001FHLB advances
$13,147Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$91,395Tier 2 risk-based capital
$0Total risk weighted assets
$22,056Total unused commitments
$0Restructured Loans and leases
$872Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$16,783Total interest income
$8,455Total interest expense
$8,328Net interest income
$294Provision for loan and lease losses
$3,895Total noninterest income
$0Fiduciary activities
$372Service charges on deposit accounts
$0Trading account gains & fees
$3,523Additional noninterest income
$7,880Total noninterest expense
$3,914Salaries and employee benefits
$595Premises and equipment expense
$3,371Additional noninterest expense
$4,049Pre-tax net operating income
$0Securities gains (losses)
$1,553Applicable income taxes
$2,496Income before extraordinary items
$0Extraordinary gains - net
$2,496Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.62%Yield on earning assets
4.34%Cost of funding earning assets
4.28%Net interest margin
2.00%Noninterest income to earning assets
4.05%Noninterest expense to earning assets
1.19%Net operating income to assets
1.19%Return on assets (ROA)
1.94%Pretax return on assets
12.83%Return on equity (ROE)
12.83%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
64,469Assets per employee
4.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.10%Loss allowance to noncurrent loans
35.00%Noncurrent assets plus other real estate owned to assets
1.45%Noncurrent loans to loans
3.15%Net loans and leases to deposits
54.97%Net loans and leases to core deposits
62.14%Equity capital to assets
15.07%Core capital (leverage) ratio
9.19%Tier 1 risk-based capital ratio
23.73%Total risk-based capital ratio
Memoranda
$25Average assets
$208,982Average earning assets
$19,449Average equity
$194,669Average loans
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