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

This bank is inactive as of August 13, 1993

  • Golden State Bank, FSB in Irvine, California (CA)
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Golden State Bank, FSB - Overview

  • General
  • FDIC Certificate #: 32228
    Status: Inactive
    Closing history: Institution Enters Conservatorship
    Acquiring institution: Golden State Federal Savings Bank (#33827)
    Federal Reserve ID: 975171
    Date Established: June 21, 1984
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8023
    FDIC's unique #: 45062
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: June 21, 1984
    Last Structure Change Effective Date: August 13, 1993
    Last Structure Change Process Date: August 26, 1993
    Last Data Update: October 26, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 2 Park Plaza, Suite 1130, Irvine, CA 92714
    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
  • Absorption - Assisted
    Corrections
    Institution Enters Conservatorship
  • Financial Summary
  • Total assets: $50.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $16Total assets
  • $60,158Cash and due from depository institutions
  • $1,118Interest-bearing balances
  • $1,064Securities
  • $9,634Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $46,785Loan loss allowance
  • $743Trading account assets
  • $0Bank premises and fixed assets
  • $120Other real estate owned
  • $749Goodwill and other intangibles
  • $978Life insurance assets
  • $774All other assets
  • $0Total liabilities and capital
  • $60,158Total liabilities
  • $58,206Total deposits
  • $52,266Interest-bearing deposits
  • $51,857Deposits held in domestic offices
  • 52266.00%% insured (estimated)
  • $100Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,000Subordinated debt
  • $0All other liabilities
  • $2,940Total equity capital
  • $2,940Total bank equity capital
  • $1,952Perpetual preferred stock
  • $0Common stock
  • $2,542Surplus
  • $0Undivided profits
  • Memoranda
  • $-590Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,202Income earned, not collected on loans
  • $273Earning assets
  • $57,483Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $60,093Average Assets, quarterly
  • $67,284Volatile liabilities
  • $3,719Insider loans
  • $0FHLB advances
  • $3,000Loans and leases held for sale
  • $0Unused loan commitments
  • $1,814Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,772Total risk weighted assets
  • $32,524Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,588Total interest expense
  • $2,585Net interest income
  • $2,003Provision for loan and lease losses
  • $708Total noninterest income
  • $323Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $323Total noninterest expense
  • $2,210Salaries and employee benefits
  • $1,022Premises and equipment expense
  • $498Additional noninterest expense
  • $690Pre-tax net operating income
  • -$592Securities gains (losses)
  • $61Applicable income taxes
  • $0Income before extraordinary items
  • -$531Extraordinary gains - net
  • $0Net income attributable to bank
  • -$531Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.32%Cost of funding earning assets
  • 4.69%Net interest margin
  • 3.63%Noninterest income to earning assets
  • 0.59%Noninterest expense to earning assets
  • 4.01%Net operating income to assets
  • -0.99%Return on assets (ROA)
  • -0.88%Pretax return on assets
  • -0.88%Return on equity (ROE)
  • -21.77%Retained earnings to average equity (YTD only)
  • -21.77%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 92,089Assets per employee
  • 3.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.56%Loss allowance to noncurrent loans
  • 33.74%Noncurrent assets plus other real estate owned to assets
  • 4.91%Noncurrent loans to loans
  • 4.63%Net loans and leases to deposits
  • 89.51%Net loans and leases to core deposits
  • 90.76%Equity capital to assets
  • 3.24%Core capital (leverage) ratio
  • 2.98%Tier 1 risk-based capital ratio
  • 5.45%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $60,093Average earning assets
  • $2,440Average equity
  • $55,152Average loans

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