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

This bank is inactive as of September 30, 2005

  • International Bank of California in Los Angeles, California (CA)
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International Bank of California - Overview

  • General
  • FDIC Certificate #: 21034
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank (#12229)
    Federal Reserve ID: 834269
    Date Established: April 09, 1973
    WWW: http://www.ibcalifornia.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 14536
    Numeric code: 21
    Regulator: FDIC
    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: April 09, 1973
    Last Structure Change Effective Date: September 30, 2005
    Last Structure Change Process Date: October 07, 2005
    Last Data Update: October 07, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 888 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 (West)
    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)
  • Financial Summary
  • Total assets: $158.8 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, 2004)

  • Dollar figures in thousands
  • 76Total employees (full-time equivalent)
  • $174,477Total assets
  • $21,932Cash and due from depository institutions
  • $14,331Interest-bearing balances
  • $15,928Securities
  • $5,000Federal funds sold & reverse repurchase agreements
  • $129,015Net loans & leases
  • $2,052Loan loss allowance
  • $0Trading account assets
  • $152Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,450All other assets
  • $174,477Total liabilities and capital
  • $156,644Total liabilities
  • $155,401Total deposits
  • $129,769Interest-bearing deposits
  • $155,401Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $406Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $837All other liabilities
  • $17,833Total equity capital
  • $17,833Total bank equity capital
  • $17,833Perpetual preferred stock
  • $0Common stock
  • $7,282Surplus
  • $6,522Undivided profits
  • Memoranda
  • $4,030Noncurrent loans and leases
  • $9,885Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $574Average Assets, year-to-date
  • $164,274Average Assets, quarterly
  • $3,657Volatile liabilities
  • $185,123Insider loans
  • $177,827FHLB advances
  • $47,333Loans and leases held for sale
  • $1,993Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $9,885Total unused commitments
  • $621Restructured Loans and leases
  • $1,789Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $8,949Total interest income
  • $1,988Total interest expense
  • $6,961Net interest income
  • $32Provision for loan and lease losses
  • $1,801Total noninterest income
  • $0Fiduciary activities
  • $187Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,614Additional noninterest income
  • $7,365Total noninterest expense
  • $3,902Salaries and employee benefits
  • $1,770Premises and equipment expense
  • $1,693Additional noninterest expense
  • $1,365Pre-tax net operating income
  • $0Securities gains (losses)
  • $503Applicable income taxes
  • $862Income before extraordinary items
  • $0Extraordinary gains - net
  • $862Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.19%Yield on earning assets
  • 1.15%Cost of funding earning assets
  • 4.04%Net interest margin
  • 1.05%Noninterest income to earning assets
  • 4.28%Noninterest expense to earning assets
  • 0.47%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.74%Pretax return on assets
  • 4.95%Return on equity (ROE)
  • 4.95%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -1066.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 84,056Assets per employee
  • 2.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 83.02%Net loans and leases to core deposits
  • 118.94%Equity capital to assets
  • 10.22%Core capital (leverage) ratio
  • 9.85%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $185,123Average earning assets
  • $17,399Average equity
  • $172,262Average loans

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