Irvine City Bank, FSB in Irvine, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 23, 1995

  • Irvine City Bank, FSB in Irvine, California (CA)
  • Show street view No street view available for this location

Irvine City Bank, FSB - Overview

  • General
  • FDIC Certificate #: 32222
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Bank & Trust (#20233)
    Federal Reserve ID: 963972
    Date Established: June 08, 1984
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8017
    FDIC's unique #: 45056
    Numeric code: 33
    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: June 08, 1984
    Last Structure Change Effective Date: August 23, 1995
    Last Structure Change Process Date: September 21, 1995
    Last Data Update: September 21, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 2400 Michelson Drive, Irvine, CA 92715
    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)
  • Financial Summary
  • Total assets: $81.2 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $27Total assets
  • $82,297Cash and due from depository institutions
  • $1,125Interest-bearing balances
  • $0Securities
  • $6,105Federal funds sold & reverse repurchase agreements
  • $1,350Net loans & leases
  • $70,288Loan loss allowance
  • $1,090Trading account assets
  • $0Bank premises and fixed assets
  • $382Other real estate owned
  • $1,193Goodwill and other intangibles
  • $1,854Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $82,297Total liabilities
  • $77,136Total deposits
  • $61,683Interest-bearing deposits
  • $60,145Deposits held in domestic offices
  • 61683.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $15,223Subordinated debt
  • $0All other liabilities
  • $230Total equity capital
  • $230Total bank equity capital
  • $5,161Perpetual preferred stock
  • $0Common stock
  • $2,775Surplus
  • $643Undivided profits
  • Memoranda
  • $1,743Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $405Income earned, not collected on loans
  • $391Earning assets
  • $77,743Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $82,172Average Assets, quarterly
  • $81,726Volatile liabilities
  • $30,306Insider loans
  • $0FHLB advances
  • $15,150Loans and leases held for sale
  • $0Unused loan commitments
  • $1,003Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $5,161Total risk weighted assets
  • $46,972Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,484Total interest expense
  • $2,854Net interest income
  • $2,630Provision for loan and lease losses
  • $265Total noninterest income
  • $573Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $573Total noninterest expense
  • $3,066Salaries and employee benefits
  • $1,543Premises and equipment expense
  • $636Additional noninterest expense
  • $887Pre-tax net operating income
  • -$128Securities gains (losses)
  • $138Applicable income taxes
  • -$14Income before extraordinary items
  • $24Extraordinary gains - net
  • $0Net income attributable to bank
  • $24Net charge-offs
  • $50Cash dividends
  • $87Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.05%Cost of funding earning assets
  • 3.67%Net interest margin
  • 3.38%Noninterest income to earning assets
  • 0.74%Noninterest expense to earning assets
  • 3.94%Net operating income to assets
  • -0.14%Return on assets (ROA)
  • 0.03%Pretax return on assets
  • 0.01%Return on equity (ROE)
  • 0.46%Retained earnings to average equity (YTD only)
  • -1.21%Net charge-offs to loans
  • 0.07%Credit loss provision to net charge-offs
  • 530.00%Efficiency ratio
  • 95,723Assets per employee
  • 3.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 362.50%Loss allowance to loans
  • 1.53%Loss allowance to noncurrent loans
  • 269.14%Noncurrent assets plus other real estate owned to assets
  • 1.94%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 113.95%Net loans and leases to core deposits
  • 150.83%Equity capital to assets
  • 6.27%Core capital (leverage) ratio
  • 6.27%Tier 1 risk-based capital ratio
  • 10.99%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $82,172Average earning assets
  • $5,191Average equity
  • $77,804Average loans

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