FDIC Certificate #: 26314 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Cass Commercial Bank (#1068) Federal Reserve ID: 543066 Date Established: November 06, 1980 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) FDIC's unique #: 32753 Numeric code: 23 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: June 27, 1985 Last Structure Change Effective Date: November 23, 2004 Last Structure Change Process Date: December 15, 2004 Last Data Update: December 15, 2004 Data Source Date: April 05, 2012
Location
Address: 171 South Anita Drive, Orange, CA 92868 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: $2.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
2Total employees (full-time equivalent)
$2,074Total assets
$2,054Cash and due from depository institutions
$2,028Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$11Net loans & leases
$0Loan loss allowance
$0Trading account assets
$1Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$8All other assets
$2,074Total liabilities and capital
$143Total liabilities
$143Total deposits
$142Interest-bearing deposits
$143Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$1,931Total equity capital
$1,931Total bank equity capital
$1,931Perpetual preferred stock
$0Common stock
$811Surplus
$2,362Undivided profits
Memoranda
$-1,242Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$2,039Average Assets, quarterly
$8Volatile liabilities
$2,322Insider loans
$2,265FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$59Total interest income
$1Total interest expense
$58Net interest income
-$35Provision for loan and lease losses
-$6Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$6Additional noninterest income
$148Total noninterest expense
$102Salaries and employee benefits
$28Premises and equipment expense
$18Additional noninterest expense
-$61Pre-tax net operating income
-$31Securities gains (losses)
$15Applicable income taxes
-$107Income before extraordinary items
$0Extraordinary gains - net
-$107Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$32Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
2.97%Yield on earning assets
0.05%Cost of funding earning assets
2.92%Net interest margin
-0.30%Noninterest income to earning assets
7.44%Noninterest expense to earning assets
-3.27%Net operating income to assets
-4.61%Return on assets (ROA)
-3.96%Pretax return on assets
-5.39%Return on equity (ROE)
-5.39%Retained earnings to average equity (YTD only)
-27.97%Net charge-offs to loans
109.38%Credit loss provision to net charge-offs
0.00%Efficiency ratio
284,615Assets per employee
1.04%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
7.69%Net loans and leases to core deposits
7.69%Equity capital to assets
93.11%Core capital (leverage) ratio
89.77%Tier 1 risk-based capital ratio
448.03%Total risk-based capital ratio
Memoranda
$448Average assets
$2,322Average earning assets
$1,984Average equity
$1,989Average loans
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