Golden State Bank in Upland, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Golden State Bank - Overview

  • General
  • FDIC Certificate #: 57585
    Status: Active
    Federal Reserve ID: 3224375
    Date Established: December 01, 2003
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 366070
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 2003
    Last Structure Change Effective Date: April 13, 2011
    Last Structure Change Process Date: April 13, 2011
    Last Data Update: April 13, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1060 West Foothill Boulevard, Upland, CA 91786
    County: San Bernardino
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    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): Riverside-San Bernardino, CA (#6780)
    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): Riverside-San Bernardino-Ontario, CA (#40140)
    CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
  • Financial Summary
  • Total assets: $105.0 mil
    Equity capital: $6.7 mil
    Deposits held in domestic offices: $98.0 mil
    Return on assets (ROA): -3.76% (-$3.9 mil)
    Quarterly return on assets: -3.31% (-$3.5 mil)
    Return on Equity (ROE): -55.79% (-$3.9 mil)
    Quarterly return on equity: -50.68% (-$3.5 mil)
    Net income: -$4.3 mil
    Quarterly Net income: -$0.9 mil
    Pretax return on assets: -3.76% (-$3,946.9 mil)
    Quarterly Pretax return on assets: -3.31% (-$3,474.6 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, 2011)

  • Dollar figures in thousands
  • 29Total employees (full-time equivalent)
  • $104,972Total assets
  • $17,683Cash and due from depository institutions
  • $13,680Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,510Net loans & leases
  • $2,708Loan loss allowance
  • $0Trading account assets
  • $251Bank premises and fixed assets
  • $9,102Other real estate owned
  • $29Goodwill and other intangibles
  • $104,972Life insurance assets
  • $1,397All other assets
  • $98,318Total liabilities and capital
  • $97,995Total liabilities
  • $68,535Total deposits
  • $97,995Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $323Subordinated debt
  • $6,654All other liabilities
  • $6,654Total equity capital
  • $6,654Total bank equity capital
  • $0Perpetual preferred stock
  • $25,575Common stock
  • $0Surplus
  • $-18,921Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,699Income earned, not collected on loans
  • $0Earning assets
  • $244Long-term assets (5+ years)
  • $90,190Average Assets, year-to-date
  • $14,967Average Assets, quarterly
  • $113,508Volatile liabilities
  • $108,899Insider loans
  • $84,558FHLB advances
  • $107,708Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $6,651Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,618Restructured Loans and leases
  • $148Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,192Total interest income
  • $841Total interest expense
  • $4,351Net interest income
  • $1,830Provision for loan and lease losses
  • $724Total noninterest income
  • $0Fiduciary activities
  • $599Service charges on deposit accounts
  • $0Trading account gains & fees
  • $125Additional noninterest income
  • $7,516Total noninterest expense
  • $2,259Salaries and employee benefits
  • $499Premises and equipment expense
  • $4,758Additional noninterest expense
  • -$4,271Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • -$4,272Income before extraordinary items
  • $0Extraordinary gains - net
  • -$4,272Net income attributable to bank
  • $0Net charge-offs
  • -$4,272Cash dividends
  • $2,936Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.14%Yield on earning assets
  • 0.83%Cost of funding earning assets
  • 4.31%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 7.44%Noninterest expense to earning assets
  • -3.76%Net operating income to assets
  • -3.76%Return on assets (ROA)
  • -3.76%Pretax return on assets
  • -55.79%Return on equity (ROE)
  • -55.79%Retained earnings to average equity (YTD only)
  • 3.26%Net charge-offs to loans
  • 62.33%Credit loss provision to net charge-offs
  • -0.83%Efficiency ratio
  • 148,099Assets per employee
  • 3.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.42%Loss allowance to noncurrent loans
  • 27.92%Noncurrent assets plus other real estate owned to assets
  • 17.91%Noncurrent loans to loans
  • 12.24%Net loans and leases to deposits
  • 78.08%Net loans and leases to core deposits
  • 82.61%Equity capital to assets
  • 6.34%Core capital (leverage) ratio
  • 6.18%Tier 1 risk-based capital ratio
  • 7.87%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $113,508Average earning assets
  • $7,657Average equity
  • $100,976Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0366070Golden State Bank1060 West Foothill Boulevard, Upland, CA 91786December 01, 2003Full Service Brick and Mortar
    1442611Brea Branch403 W. Imperial Highway, Suite D, Brea, CA 92821June 28, 2005Full Service Brick and Mortar
    2448856Administrative Office440 N. Mountain Avenue, Upland, CA 91786Febuary 10, 2006Limited Service Administrative

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