High Desert National Bank in Hesperia, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 04, 1997

  • High Desert National Bank in Hesperia, California (CA)
  • Show street view No street view available for this location

High Desert National Bank - Overview

  • General
  • FDIC Certificate #: 23854
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Business Bank of California (#25070)
    Federal Reserve ID: 799667
    Date Established: May 14, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 10153
    FDIC's unique #: 16666
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: May 14, 1982
    Last Structure Change Effective Date: December 04, 1997
    Last Structure Change Process Date: December 18, 1997
    Last Data Update: December 18, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 17071 Main Street, Hesperia, CA 92340
    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: $42.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $37Total assets
  • $39,559Cash and due from depository institutions
  • $3,455Interest-bearing balances
  • $99Securities
  • $7,951Federal funds sold & reverse repurchase agreements
  • $1,100Net loans & leases
  • $23,870Loan loss allowance
  • $321Trading account assets
  • $0Bank premises and fixed assets
  • $1,147Other real estate owned
  • $823Goodwill and other intangibles
  • $1,213Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $39,559Total liabilities
  • $36,440Total deposits
  • $35,837Interest-bearing deposits
  • $24,546Deposits held in domestic offices
  • 35837.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $295Subordinated debt
  • $0All other liabilities
  • $308Total equity capital
  • $308Total bank equity capital
  • $3,119Perpetual preferred stock
  • $0Common stock
  • $963Surplus
  • $1,058Undivided profits
  • Memoranda
  • $1,098Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $193Income earned, not collected on loans
  • $130Earning assets
  • $33,020Long-term assets (5+ years)
  • $7,333Average Assets, year-to-date
  • $40,084Average Assets, quarterly
  • $40,156Volatile liabilities
  • $2,253Insider loans
  • $737FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,587Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,192Total risk weighted assets
  • $27,706Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,046Total interest expense
  • $865Net interest income
  • $2,181Provision for loan and lease losses
  • $39Total noninterest income
  • $926Fiduciary activities
  • $0Service charges on deposit accounts
  • $637Trading account gains & fees
  • $0Additional noninterest income
  • $289Total noninterest expense
  • $3,132Salaries and employee benefits
  • $1,297Premises and equipment expense
  • $382Additional noninterest expense
  • $1,453Pre-tax net operating income
  • -$64Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • -$64Extraordinary gains - net
  • $0Net income attributable to bank
  • -$64Net charge-offs
  • $158Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$240Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.10%Cost of funding earning assets
  • 2.58%Net interest margin
  • 6.51%Noninterest income to earning assets
  • 2.77%Noninterest expense to earning assets
  • 9.35%Net operating income to assets
  • -0.16%Return on assets (ROA)
  • -0.16%Pretax return on assets
  • -0.16%Return on equity (ROE)
  • -1.91%Retained earnings to average equity (YTD only)
  • -1.91%Net charge-offs to loans
  • 0.70%Credit loss provision to net charge-offs
  • 24.68%Efficiency ratio
  • 100,805Assets per employee
  • 1.07%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.33%Loss allowance to noncurrent loans
  • 166.32%Noncurrent assets plus other real estate owned to assets
  • 2.57%Noncurrent loans to loans
  • 0.80%Net loans and leases to deposits
  • 66.61%Net loans and leases to core deposits
  • 70.46%Equity capital to assets
  • 7.88%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 11.52%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $40,084Average earning assets
  • $3,347Average equity
  • $33,486Average loans

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