First State Bank of Southern California in Santa Fe Springs, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 24, 1999

  • First State Bank of Southern California in Santa Fe Springs, California (CA)
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First State Bank of Southern California - Overview

  • General
  • FDIC Certificate #: 16850
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Banco Popular North America (#34967)
    Federal Reserve ID: 384764
    Date Established: October 31, 1949
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    FDIC's unique #: 10949
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 31, 1949
    Last Structure Change Effective Date: January 24, 1999
    Last Structure Change Process Date: Febuary 26, 1999
    Last Data Update: Febuary 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 10400 South Norwalk Boulevard, Santa Fe Springs, CA 90670
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: New York
    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)
  • Financial Summary
  • Total assets: $196.5 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 84Total employees (full-time equivalent)
  • $196,515Total assets
  • $14,055Cash and due from depository institutions
  • $7,277Interest-bearing balances
  • $30,512Securities
  • $8,100Federal funds sold & reverse repurchase agreements
  • $120,556Net loans & leases
  • $2,568Loan loss allowance
  • $0Trading account assets
  • $4,789Bank premises and fixed assets
  • $167Other real estate owned
  • $16,224Goodwill and other intangibles
  • $0Life insurance assets
  • $2,112All other assets
  • $196,515Total liabilities and capital
  • $160,801Total liabilities
  • $158,867Total deposits
  • $109,368Interest-bearing deposits
  • $158,867Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $288Other borrowed funds
  • $0Subordinated debt
  • $1,646All other liabilities
  • $35,714Total equity capital
  • $35,714Total bank equity capital
  • $35,714Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $35,564Undivided profits
  • Memoranda
  • $149Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,374Earning assets
  • $0Long-term assets (5+ years)
  • $622Average Assets, year-to-date
  • $166,445Average Assets, quarterly
  • $23,855Volatile liabilities
  • $175,762Insider loans
  • $185,228FHLB advances
  • $42,292Loans and leases held for sale
  • $8Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $36,968Total unused commitments
  • $0Restructured Loans and leases
  • $153,159Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $2,448Total interest income
  • $833Total interest expense
  • $1,615Net interest income
  • $140Provision for loan and lease losses
  • $229Total noninterest income
  • $0Fiduciary activities
  • $170Service charges on deposit accounts
  • $0Trading account gains & fees
  • $59Additional noninterest income
  • $1,288Total noninterest expense
  • $585Salaries and employee benefits
  • $161Premises and equipment expense
  • $542Additional noninterest expense
  • $416Pre-tax net operating income
  • -$1Securities gains (losses)
  • $229Applicable income taxes
  • $186Income before extraordinary items
  • $0Extraordinary gains - net
  • $186Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $176Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 1.54%Yield on earning assets
  • 0.52%Cost of funding earning assets
  • 1.02%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 0.81%Noninterest expense to earning assets
  • 0.11%Net operating income to assets
  • 0.11%Return on assets (ROA)
  • 0.24%Pretax return on assets
  • 0.88%Return on equity (ROE)
  • 0.88%Retained earnings to average equity (YTD only)
  • 0.15%Net charge-offs to loans
  • 79.55%Credit loss provision to net charge-offs
  • 3.16%Efficiency ratio
  • 59,328Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.09%Loss allowance to noncurrent loans
  • 76.11%Noncurrent assets plus other real estate owned to assets
  • 1.80%Noncurrent loans to loans
  • 2.74%Net loans and leases to deposits
  • 75.88%Net loans and leases to core deposits
  • 103.16%Equity capital to assets
  • 18.17%Core capital (leverage) ratio
  • 10.85%Tier 1 risk-based capital ratio
  • 12.78%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $175,762Average earning assets
  • $21,050Average equity
  • $158,931Average loans

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