FDIC Certificate #: 25653 Status: Inactive Federal Reserve ID: 762661 Date Established: March 01, 1937 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 23 (Interstate: No) OTS Docket #: 12440 FDIC's unique #: 17558 Numeric code: 23 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: September 24, 1984 Last Structure Change Effective Date: July 25, 2008 Last Structure Change Process Date: July 31, 2008 Last Data Update: July 31, 2008 Data Source Date: April 05, 2012
Location
Address: 2727 East Imperial Highway, Brea, CA 92821 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)
History of Changes
Other Liquidations and Closings
Change in Insurance Status
Office Sold
Financial Summary
Total assets: $5,657.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
851Total employees (full-time equivalent)
$7,656,223Total assets
$430,624Cash and due from depository institutions
$50,000Interest-bearing balances
$3,122,598Securities
$0Federal funds sold & reverse repurchase agreements
$3,336,013Net loans & leases
$90Loan loss allowance
$0Trading account assets
$18,878Bank premises and fixed assets
$33,228Other real estate owned
$38,242Goodwill and other intangibles
$0Life insurance assets
$676,640All other assets
$7,656,223Total liabilities and capital
$7,207,624Total liabilities
$7,058,712Total deposits
$7,036,279Interest-bearing deposits
$7,058,712Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$148,912All other liabilities
$448,599Total equity capital
$448,599Total bank equity capital
$448,599Perpetual preferred stock
$0Common stock
$2,750Surplus
$227,708Undivided profits
Memoranda
$218,141Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$17,639Earning assets
$0Long-term assets (5+ years)
$31,954Average Assets, year-to-date
$6,508,611Average Assets, quarterly
$365,254Volatile liabilities
$10,582,343Insider loans
$8,191,888FHLB advances
$2,440,304Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,055,767Tier 2 risk-based capital
$149,437Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$90Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$560,895Total interest income
$359,477Total interest expense
$201,418Net interest income
$400Provision for loan and lease losses
$71,655Total noninterest income
$0Fiduciary activities
$301Service charges on deposit accounts
$0Trading account gains & fees
$71,354Additional noninterest income
$176,117Total noninterest expense
$86,657Salaries and employee benefits
$20,722Premises and equipment expense
$68,738Additional noninterest expense
$96,556Pre-tax net operating income
$0Securities gains (losses)
$38,184Applicable income taxes
$58,372Income before extraordinary items
-$937,504Extraordinary gains - net
-$879,132Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$60,834Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.94%Yield on earning assets
3.81%Cost of funding earning assets
2.13%Net interest margin
0.76%Noninterest income to earning assets
1.87%Noninterest expense to earning assets
0.55%Net operating income to assets
-8.31%Return on assets (ROA)
-7.95%Pretax return on assets
-121.27%Return on equity (ROE)
-121.27%Retained earnings to average equity (YTD only)
0.85%Net charge-offs to loans
0.66%Credit loss provision to net charge-offs
1.59%Efficiency ratio
64,494Assets per employee
9.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.51%Noncurrent assets plus other real estate owned to assets
0.66%Noncurrent loans to loans
0.53%Net loans and leases to deposits
47.26%Net loans and leases to core deposits
72.23%Equity capital to assets
5.86%Core capital (leverage) ratio
5.74%Tier 1 risk-based capital ratio
10.08%Total risk-based capital ratio
Memoranda
$10Average assets
$10,582,343Average earning assets
$724,928Average equity
$9,443,197Average loans
Bank Assets Sold and Securitized (December 31, 2007)
Dollar figures in thousands
Principal balance with servicing or other recourse retained
$8,323,0351-4 family residential loans
$0Home equity lines
$0Credit cards receivables
$0Auto loans
$0Other consumer loans
$0Commercial and industrial loans
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