Guardian Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 22, 1995

  • Guardian Bank in Los Angeles, California (CA)
  • Show street view No street view available for this location

Guardian Bank - Overview

  • General
  • FDIC Certificate #: 24754
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Imperial Bank (#18835)
    Federal Reserve ID: 684165
    Date Established: October 20, 1983
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 17179
    Numeric code: 13
    Regulator: FED
    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 20, 1983
    Last Structure Change Effective Date: January 22, 1995
    Last Structure Change Process Date: January 31, 1995
    Last Data Update: January 31, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 800 South Figueroa Street, Los Angeles, CA 90017
    County: Los Angeles
    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): 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)
  • History of Changes
  • Absorption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $316.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $103Total assets
  • $316,944Cash and due from depository institutions
  • $69,130Interest-bearing balances
  • $714Securities
  • $29,949Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $192,549Loan loss allowance
  • $14,862Trading account assets
  • $0Bank premises and fixed assets
  • $1,194Other real estate owned
  • $20,920Goodwill and other intangibles
  • $3,202Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $316,944Total liabilities
  • $300,477Total deposits
  • $297,948Interest-bearing deposits
  • $124,835Deposits held in domestic offices
  • 297948.00%% insured (estimated)
  • $44Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,534Subordinated debt
  • $0All other liabilities
  • $995Total equity capital
  • $995Total bank equity capital
  • $16,467Perpetual preferred stock
  • $0Common stock
  • $18,283Surplus
  • $18,722Undivided profits
  • Memoranda
  • $-20,538Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $21,043Income earned, not collected on loans
  • $1,364Earning assets
  • $223,212Long-term assets (5+ years)
  • $5,966Average Assets, year-to-date
  • $450,839Average Assets, quarterly
  • $351,539Volatile liabilities
  • $13,082Insider loans
  • $17FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $44,964Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $16,467Total risk weighted assets
  • $225,727Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $24,980Total interest expense
  • $5,807Net interest income
  • $19,173Provision for loan and lease losses
  • $21,450Total noninterest income
  • $1,723Fiduciary activities
  • $660Service charges on deposit accounts
  • $256Trading account gains & fees
  • $0Additional noninterest income
  • $807Total noninterest expense
  • $26,458Salaries and employee benefits
  • $8,139Premises and equipment expense
  • $1,631Additional noninterest expense
  • $16,688Pre-tax net operating income
  • -$27,012Securities gains (losses)
  • $0Applicable income taxes
  • -$1,700Income before extraordinary items
  • -$25,312Extraordinary gains - net
  • $0Net income attributable to bank
  • -$25,312Net charge-offs
  • $24,788Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $16,500Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.96%Cost of funding earning assets
  • 1.62%Net interest margin
  • 5.34%Noninterest income to earning assets
  • 0.48%Noninterest expense to earning assets
  • 7.37%Net operating income to assets
  • -5.61%Return on assets (ROA)
  • -5.61%Pretax return on assets
  • -5.99%Return on equity (ROE)
  • -110.88%Retained earnings to average equity (YTD only)
  • -110.88%Net charge-offs to loans
  • 9.22%Credit loss provision to net charge-offs
  • 86.53%Efficiency ratio
  • 126,618Assets per employee
  • 3.08%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.17%Loss allowance to noncurrent loans
  • 70.63%Noncurrent assets plus other real estate owned to assets
  • 13.24%Noncurrent loans to loans
  • 10.15%Net loans and leases to deposits
  • 64.63%Net loans and leases to core deposits
  • 67.23%Equity capital to assets
  • 5.20%Core capital (leverage) ratio
  • 4.94%Tier 1 risk-based capital ratio
  • 7.30%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $450,839Average earning assets
  • $22,829Average equity
  • $358,929Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Guardian Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents