First Interstate Bancard Company, National Association in Simi Valley, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 20, 1993

  • First Interstate Bancard Company, National Association in Simi Valley, California (CA)
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First Interstate Bancard Company, National Association - Overview

  • General
  • FDIC Certificate #: 24208
    Status: Inactive
    Federal Reserve ID: 995067
    Date Established: December 13, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 16859
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: December 13, 1982
    Last Structure Change Effective Date: September 20, 1993
    Last Structure Change Process Date: October 06, 1993
    Last Data Update: October 06, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 1700 Surveyor Avenue, Simi Valley, CA 93063
    County: Ventura
    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): Ventura, CA (#8735)
    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): Oxnard-Thousand Oaks-Ventura, CA (#37100)
    CBSA Metro Statistical Area: Oxnard-Thousand Oaks-Ventura, CA (#37100)
  • History of Changes
  • Other Liquidations and Closings
  • Financial Summary
  • Total assets: $4.5 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $0Total assets
  • $4,497Cash and due from depository institutions
  • $17Interest-bearing balances
  • $0Securities
  • $60Federal funds sold & reverse repurchase agreements
  • $4,350Net loans & leases
  • $0Loan loss allowance
  • $0Trading account assets
  • $0Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $70Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $4,497Total liabilities
  • $2,073Total deposits
  • $2,018Interest-bearing deposits
  • $2,018Deposits held in domestic offices
  • 2018.00%% insured (estimated)
  • $5Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $55Total equity capital
  • $55Total bank equity capital
  • $2,424Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $1,000Undivided profits
  • Memoranda
  • $424Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $4,410Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $10,124Average Assets, quarterly
  • $5,619Volatile liabilities
  • $2,018Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $2,424Total risk weighted assets
  • $943Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $344Total interest expense
  • $462Net interest income
  • -$118Provision for loan and lease losses
  • $0Total noninterest income
  • $7Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $7Total noninterest expense
  • $24Salaries and employee benefits
  • $0Premises and equipment expense
  • $0Additional noninterest expense
  • $24Pre-tax net operating income
  • -$135Securities gains (losses)
  • $0Applicable income taxes
  • -$51Income before extraordinary items
  • -$84Extraordinary gains - net
  • $0Net income attributable to bank
  • -$84Net charge-offs
  • $4Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 3.43%Cost of funding earning assets
  • 4.60%Net interest margin
  • -1.18%Noninterest income to earning assets
  • 0.07%Noninterest expense to earning assets
  • 0.24%Net operating income to assets
  • -0.83%Return on assets (ROA)
  • -0.83%Pretax return on assets
  • -1.33%Return on equity (ROE)
  • -3.37%Retained earnings to average equity (YTD only)
  • -3.37%Net charge-offs to loans
  • 25.64%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • -21,622Assets per employee
  • 0.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 0.00%Net loans and leases to core deposits
  • 0.00%Equity capital to assets
  • 53.90%Core capital (leverage) ratio
  • 49.06%Tier 1 risk-based capital ratio
  • 257.08%Total risk-based capital ratio
  • Memoranda
  • $257Average assets
  • $10,124Average earning assets
  • $2,492Average equity
  • $10,033Average loans

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