HomeFed Bank, Federal Association in San Diego, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 03, 1993

  • HomeFed Bank, Federal Association in San Diego, California (CA)
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HomeFed Bank, Federal Association - Overview

  • General
  • FDIC Certificate #: 33628
    Status: Inactive
    Closing history: Office Sold
    Acquiring institution: Great Western Bank, A FSB (#29602)
    Federal Reserve ID: 659677
    Date Established: July 06, 1992
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 10101
    FDIC's unique #: 47692
    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: July 06, 1992
    Last Structure Change Effective Date: December 03, 1993
    Last Structure Change Process Date: December 15, 1993
    Last Data Update: August 02, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 615 Broadway, San Diego, CA 92101
    County: San Diego
    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): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • History of Changes
  • Pass Through Receivership Merger
    Conservatorship Institution Resolved
    Office Sold
  • Financial Summary
  • Total assets: $3,696.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $2,862Total assets
  • $7,518,849Cash and due from depository institutions
  • $589,418Interest-bearing balances
  • $323Securities
  • $1,524,253Federal funds sold & reverse repurchase agreements
  • $40,000Net loans & leases
  • $3,764,198Loan loss allowance
  • $461,856Trading account assets
  • $0Bank premises and fixed assets
  • $198,067Other real estate owned
  • $1,056,023Goodwill and other intangibles
  • $346,092Life insurance assets
  • $798All other assets
  • $0Total liabilities and capital
  • $7,518,849Total liabilities
  • $8,512,496Total deposits
  • $7,027,408Interest-bearing deposits
  • $6,898,326Deposits held in domestic offices
  • 7027408.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,325,684Subordinated debt
  • $0All other liabilities
  • $159,404Total equity capital
  • $159,404Total bank equity capital
  • $-993,647Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-993,647Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $927,693Income earned, not collected on loans
  • $52,598Earning assets
  • $5,328,774Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $9,169,155Average Assets, quarterly
  • $9,169,155Volatile liabilities
  • $1,982,141Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $222,408Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-995,288Total risk weighted assets
  • $4,031,376Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $318,850Total interest expense
  • $249,659Net interest income
  • $69,191Provision for loan and lease losses
  • $653,244Total noninterest income
  • $104,789Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $104,789Total noninterest expense
  • $512,523Salaries and employee benefits
  • $50,908Premises and equipment expense
  • $26,976Additional noninterest expense
  • $434,639Pre-tax net operating income
  • -$991,787Securities gains (losses)
  • $41,332Applicable income taxes
  • $0Income before extraordinary items
  • -$950,455Extraordinary gains - net
  • $0Net income attributable to bank
  • -$950,455Net charge-offs
  • $84,877Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • -$345,652Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 4.54%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.99%Noninterest income to earning assets
  • 1.49%Noninterest expense to earning assets
  • 7.30%Net operating income to assets
  • -10.82%Return on assets (ROA)
  • -10.37%Pretax return on assets
  • -10.37%Return on equity (ROE)
  • 147.32%Retained earnings to average equity (YTD only)
  • 147.32%Net charge-offs to loans
  • 1.35%Credit loss provision to net charge-offs
  • 769.64%Efficiency ratio
  • 294,587Assets per employee
  • 2.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 10.93%Loss allowance to noncurrent loans
  • 49.79%Noncurrent assets plus other real estate owned to assets
  • 24.94%Noncurrent loans to loans
  • 21.95%Net loans and leases to deposits
  • 53.56%Net loans and leases to core deposits
  • 59.08%Equity capital to assets
  • -13.22%Core capital (leverage) ratio
  • -13.05%Tier 1 risk-based capital ratio
  • -24.69%Total risk-based capital ratio
  • Memoranda
  • -$26Average assets
  • $9,169,155Average earning assets
  • -$645,162Average equity
  • $7,020,975Average loans

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