FDIC Certificate #: 27582 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Umpqua Bank (#17266) Federal Reserve ID: 1416381 Date Established: September 13, 1989 WWW:http://www.humboldtbank.com Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 29 (Interstate: No) OTS Docket #: 10120 FDIC's unique #: 40393 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes Oakar Institutions: Yes State Chartered: Yes Date of Deposit Insurance: September 13, 1989 Last Structure Change Effective Date: July 10, 2004 Last Structure Change Process Date: August 19, 2004 Last Data Update: August 19, 2004 Data Source Date: April 05, 2012
Location
Address: 701 Fifth Street, Eureka, CA 95501 County: Humboldt Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Eureka-Arcata-Fortuna, CA (#21700) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $1,459.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2003)
Dollar figures in thousands
377Total employees (full-time equivalent)
$1,035,279Total assets
$31,596Cash and due from depository institutions
$34Interest-bearing balances
$160,791Securities
$26,365Federal funds sold & reverse repurchase agreements
$753,248Net loans & leases
$12,206Loan loss allowance
$0Trading account assets
$19,765Bank premises and fixed assets
$88Other real estate owned
$5,518Goodwill and other intangibles
$0Life insurance assets
$37,908All other assets
$1,035,279Total liabilities and capital
$923,328Total liabilities
$850,043Total deposits
$656,471Interest-bearing deposits
$850,043Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$59,392Other borrowed funds
$0Subordinated debt
$13,893All other liabilities
$111,951Total equity capital
$111,951Total bank equity capital
$111,951Perpetual preferred stock
$0Common stock
$18,352Surplus
$40,499Undivided profits
Memoranda
$53,100Noncurrent loans and leases
$205,382Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$9,369Earning assets
$0Long-term assets (5+ years)
$4,439Average Assets, year-to-date
$940,438Average Assets, quarterly
$307,195Volatile liabilities
$1,039,418Insider loans
$1,029,648FHLB advances
$186,837Loans and leases held for sale
$3,156Unused loan commitments
$59,392Tier 1 (core) risk-based capital
$60,000Tier 2 risk-based capital
$0Total risk weighted assets
$205,382Total unused commitments
$6Restructured Loans and leases
$11,371Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$61,303Total interest income
$11,547Total interest expense
$49,756Net interest income
$1,523Provision for loan and lease losses
$44,141Total noninterest income
$0Fiduciary activities
$3,477Service charges on deposit accounts
$0Trading account gains & fees
$40,664Additional noninterest income
$40,242Total noninterest expense
$21,866Salaries and employee benefits
$6,166Premises and equipment expense
$12,210Additional noninterest expense
$52,132Pre-tax net operating income
$0Securities gains (losses)
$19,730Applicable income taxes
$32,402Income before extraordinary items
$0Extraordinary gains - net
$32,402Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$930Sale, conversion, retirement of capital stock, net
$13,000Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.55%Yield on earning assets
1.23%Cost of funding earning assets
5.31%Net interest margin
4.71%Noninterest income to earning assets
4.30%Noninterest expense to earning assets
3.12%Net operating income to assets
3.12%Return on assets (ROA)
5.02%Pretax return on assets
30.79%Return on equity (ROE)
18.44%Retained earnings to average equity (YTD only)
0.12%Net charge-offs to loans
163.76%Credit loss provision to net charge-offs
57.69%Efficiency ratio
42,393Assets per employee
2.75%Cash dividends to net income (YTD only)
Condition Ratios (%)
40.12%Loss allowance to loans
1.59%Loss allowance to noncurrent loans
130.28%Noncurrent assets plus other real estate owned to assets
0.91%Noncurrent loans to loans
1.22%Net loans and leases to deposits
88.61%Net loans and leases to core deposits
109.19%Equity capital to assets
10.81%Core capital (leverage) ratio
10.12%Tier 1 risk-based capital ratio
11.50%Total risk-based capital ratio
Memoranda
$13Average assets
$1,039,418Average earning assets
$105,235Average equity
$936,638Average loans
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