Guardian Federal Savings Association in Huntington Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 29, 1994

  • Guardian Federal Savings Association in Huntington Beach, California (CA)
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Guardian Federal Savings Association - Overview

  • General
  • FDIC Certificate #: 33537
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Home Savings of America, FSB (#15919)
    Federal Reserve ID: 617770
    Date Established: December 06, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9569
    FDIC's unique #: 47417
    Numeric code: 38
    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: December 06, 1991
    Last Structure Change Effective Date: July 29, 1994
    Last Structure Change Process Date: August 17, 1994
    Last Data Update: October 10, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 17011 Beach Boulevard, Huntington Beach, CA 92647
    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
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
    Office Sold
    Corrections
  • Financial Summary
  • Total assets: $167.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $253Total assets
  • $189,142Cash and due from depository institutions
  • $7,001Interest-bearing balances
  • $5,891Securities
  • $3,368Federal funds sold & reverse repurchase agreements
  • $8,000Net loans & leases
  • $13,847Loan loss allowance
  • $2,134Trading account assets
  • $0Bank premises and fixed assets
  • $961Other real estate owned
  • $1,466Goodwill and other intangibles
  • $154,499Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $189,142Total liabilities
  • $268,214Total deposits
  • $107,011Interest-bearing deposits
  • $107,011Deposits held in domestic offices
  • 107011.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $144,648Subordinated debt
  • $0All other liabilities
  • $16,555Total equity capital
  • $16,555Total bank equity capital
  • $-79,072Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-79,072Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $7,507Income earned, not collected on loans
  • $595Earning assets
  • $31,106Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $204,267Average Assets, quarterly
  • $191,319Volatile liabilities
  • $151,812Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-79,072Total risk weighted assets
  • $129,008Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $10,582Total interest expense
  • $9,438Net interest income
  • $1,144Provision for loan and lease losses
  • $1,767Total noninterest income
  • $14,447Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $14,447Total noninterest expense
  • $23,868Salaries and employee benefits
  • $10,788Premises and equipment expense
  • $4,972Additional noninterest expense
  • $8,108Pre-tax net operating income
  • -$10,044Securities gains (losses)
  • -$1,893Applicable income taxes
  • $0Income before extraordinary items
  • -$11,937Extraordinary gains - net
  • $0Net income attributable to bank
  • -$11,937Net charge-offs
  • $1,819Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 26.17%Cost of funding earning assets
  • 23.34%Net interest margin
  • 2.83%Noninterest income to earning assets
  • 35.73%Noninterest expense to earning assets
  • 59.03%Net operating income to assets
  • -4.92%Return on assets (ROA)
  • -5.84%Pretax return on assets
  • -5.84%Return on equity (ROE)
  • 16.46%Retained earnings to average equity (YTD only)
  • 16.46%Net charge-offs to loans
  • 6.71%Credit loss provision to net charge-offs
  • 97.14%Efficiency ratio
  • 152,165Assets per employee
  • 0.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 13.35%Loss allowance to noncurrent loans
  • 28.43%Noncurrent assets plus other real estate owned to assets
  • 4.74%Noncurrent loans to loans
  • 46.97%Net loans and leases to deposits
  • 12.94%Net loans and leases to core deposits
  • 13.87%Equity capital to assets
  • -41.81%Core capital (leverage) ratio
  • -41.76%Tier 1 risk-based capital ratio
  • -61.29%Total risk-based capital ratio
  • Memoranda
  • -$61Average assets
  • $204,267Average earning assets
  • -$72,500Average equity
  • $40,435Average loans

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