First National Bank of Central California in Salinas, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 29, 2002

  • First National Bank of Central California in Salinas, California (CA)
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First National Bank of Central California - Overview

  • General
  • FDIC Certificate #: 25185
    Status: Inactive
    Closing history: Office Purchased
    Acquiring institution: Santa Barbara Bank & Trust, National Association (#18169)
    Federal Reserve ID: 195867
    Date Established: April 02, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 11 (Interstate: No)
    FDIC's unique #: 17428
    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: April 02, 1984
    Last Structure Change Effective Date: March 29, 2002
    Last Structure Change Process Date: April 25, 2002
    Last Data Update: April 25, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 1001 South Main Street, Salinas, CA 93901
    County: Monterey
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Salinas, CA (#7120)
    Core Based Statistical Area (CBSA): Salinas, CA (#41500)
    CBSA Metro Statistical Area: Salinas, CA (#41500)
  • History of Changes
  • Merger - Without Assistance
    Change in Insurance Status
    Office Purchased
  • Financial Summary
  • Total assets: $1,235.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)

  • Dollar figures in thousands
  • 266Total employees (full-time equivalent)
  • $1,235,839Total assets
  • $50,482Cash and due from depository institutions
  • $0Interest-bearing balances
  • $245,432Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $888,149Net loans & leases
  • $14,044Loan loss allowance
  • $0Trading account assets
  • $12,160Bank premises and fixed assets
  • $0Other real estate owned
  • $1,434Goodwill and other intangibles
  • $0Life insurance assets
  • $38,182All other assets
  • $1,235,839Total liabilities and capital
  • $1,135,512Total liabilities
  • $1,095,212Total deposits
  • $863,248Interest-bearing deposits
  • $1,095,212Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $22,788Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,331Other borrowed funds
  • $0Subordinated debt
  • $14,181All other liabilities
  • $100,327Total equity capital
  • $100,327Total bank equity capital
  • $100,327Perpetual preferred stock
  • $0Common stock
  • $9,000Surplus
  • $28,725Undivided profits
  • Memoranda
  • $62,602Noncurrent loans and leases
  • $230,414Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $5,966Earning assets
  • $0Long-term assets (5+ years)
  • $4,179Average Assets, year-to-date
  • $1,133,581Average Assets, quarterly
  • $271,989Volatile liabilities
  • $1,195,358Insider loans
  • $1,216,397FHLB advances
  • $334,368Loans and leases held for sale
  • $13,943Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $230,414Total unused commitments
  • $0Restructured Loans and leases
  • $13,094Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $85,641Total interest income
  • $30,202Total interest expense
  • $55,439Net interest income
  • $4,096Provision for loan and lease losses
  • $12,056Total noninterest income
  • $549Fiduciary activities
  • $3,737Service charges on deposit accounts
  • $0Trading account gains & fees
  • $7,770Additional noninterest income
  • $38,982Total noninterest expense
  • $14,136Salaries and employee benefits
  • $3,734Premises and equipment expense
  • $21,112Additional noninterest expense
  • $24,417Pre-tax net operating income
  • $408Securities gains (losses)
  • $9,172Applicable income taxes
  • $15,653Income before extraordinary items
  • $0Extraordinary gains - net
  • $15,653Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $2,249Sale, conversion, retirement of capital stock, net
  • $4,900Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.91%Yield on earning assets
  • 2.79%Cost of funding earning assets
  • 5.12%Net interest margin
  • 1.11%Noninterest income to earning assets
  • 3.60%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 2.08%Pretax return on assets
  • 16.51%Return on equity (ROE)
  • 11.34%Retained earnings to average equity (YTD only)
  • 0.27%Net charge-offs to loans
  • 182.13%Credit loss provision to net charge-offs
  • 12.68%Efficiency ratio
  • 57,388Assets per employee
  • 4.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 31.30%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 235.40%Noncurrent assets plus other real estate owned to assets
  • 0.48%Noncurrent loans to loans
  • 0.66%Net loans and leases to deposits
  • 81.09%Net loans and leases to core deposits
  • 112.86%Equity capital to assets
  • 8.12%Core capital (leverage) ratio
  • 7.97%Tier 1 risk-based capital ratio
  • 9.30%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,195,358Average earning assets
  • $94,802Average equity
  • $1,082,390Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $62,360Managed Assets
  • 1Number of Accounts
  • $53,626Personal trust and agency accounts
  • $20,683Employee benefit-defined contribution accounts
  • $1,268Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $5,196Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $26,479Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 97Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $8,734Other retirement accounts
  • $1,325Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $7,409Fiduciary accounts held in foreign offices

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