First Private Bank & Trust in Encino, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 2011

First Private Bank & Trust - Overview

  • General
  • FDIC Certificate #: 24841
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Boston Private Bank & Trust Company (#24811)
    Federal Reserve ID: 193461
    Date Established: December 10, 1983
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 17224
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 10, 1983
    Last Structure Change Effective Date: May 27, 2011
    Last Structure Change Process Date: June 08, 2011
    Last Data Update: June 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 16000 Ventura Boulevard, Encino, CA 91436
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: New York
    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): 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)
  • Financial Summary
  • Total assets: $482.6 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, 2010)

  • Dollar figures in thousands
  • 105Total employees (full-time equivalent)
  • $505,078Total assets
  • $62,562Cash and due from depository institutions
  • $59,461Interest-bearing balances
  • $13,903Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $396,673Net loans & leases
  • $12,374Loan loss allowance
  • $0Trading account assets
  • $4,086Bank premises and fixed assets
  • $1,129Other real estate owned
  • $298Goodwill and other intangibles
  • $4,393Life insurance assets
  • $26,427All other assets
  • $505,078Total liabilities and capital
  • $445,894Total liabilities
  • $411,104Total deposits
  • $314,112Interest-bearing deposits
  • $411,104Deposits held in domestic offices
  • 80.61%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $25,000Other borrowed funds
  • $0Subordinated debt
  • $9,790All other liabilities
  • $59,184Total equity capital
  • $59,184Total bank equity capital
  • $59,184Perpetual preferred stock
  • $0Common stock
  • $4,681Surplus
  • $206,474Undivided profits
  • Memoranda
  • $-151,971Noncurrent loans and leases
  • $37,784Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $10,663Earning assets
  • $0Long-term assets (5+ years)
  • $1,568Average Assets, year-to-date
  • $470,037Average Assets, quarterly
  • $117,399Volatile liabilities
  • $511,805Insider loans
  • $509,372FHLB advances
  • $150,015Loans and leases held for sale
  • $0Unused loan commitments
  • $25,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,526Total risk weighted assets
  • $37,784Total unused commitments
  • $971Restructured Loans and leases
  • $4,449Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $24,670Total interest income
  • $4,628Total interest expense
  • $20,042Net interest income
  • -$1,037Provision for loan and lease losses
  • $7,226Total noninterest income
  • $226Fiduciary activities
  • $647Service charges on deposit accounts
  • $0Trading account gains & fees
  • $6,353Additional noninterest income
  • $26,659Total noninterest expense
  • $12,375Salaries and employee benefits
  • $3,067Premises and equipment expense
  • $11,217Additional noninterest expense
  • $1,646Pre-tax net operating income
  • $36Securities gains (losses)
  • $745Applicable income taxes
  • $937Income before extraordinary items
  • $0Extraordinary gains - net
  • $937Net income attributable to bank
  • $0Net charge-offs
  • $937Cash dividends
  • -$1,752Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 0.99%Cost of funding earning assets
  • 4.27%Net interest margin
  • 1.54%Noninterest income to earning assets
  • 5.68%Noninterest expense to earning assets
  • 0.18%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.33%Pretax return on assets
  • 1.59%Return on equity (ROE)
  • 1.59%Retained earnings to average equity (YTD only)
  • -0.43%Net charge-offs to loans
  • 59.19%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 97,327Assets per employee
  • 4.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.03%Loss allowance to noncurrent loans
  • 116.05%Noncurrent assets plus other real estate owned to assets
  • 2.33%Noncurrent loans to loans
  • 2.61%Net loans and leases to deposits
  • 96.49%Net loans and leases to core deposits
  • 141.12%Equity capital to assets
  • 11.72%Core capital (leverage) ratio
  • 9.36%Tier 1 risk-based capital ratio
  • 13.55%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $511,805Average earning assets
  • $58,925Average equity
  • $469,184Average loans

Total Fiduciary and Related Assets (December 31, 2010)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $29,005Managed Assets
  • 1Number of Accounts
  • $29,005Personal trust and agency accounts
  • $2,245Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $7,932Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $18,828Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 43Number of Accounts
  • $0Personal trust and agency accounts
  • $7,932Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with First Private Bank & Trust.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents