Kaweah National Bank in Visalia, California (CA)



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Kaweah National Bank
GeneralFDIC Certificate #: 33341
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Citizens Business Bank (#21716)
Federal Reserve ID: 1864227
Date Established: March 07, 1991
WWW: http://www.kaweahnb.com
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 4 (Interstate: No)
FDIC's unique #: 46919
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: March 07, 1991
Last Structure Change Effective Date: September 19, 2003
Last Structure Change Process Date: October 28, 2003
Last Data Update: October 28, 2003
Data Source Date: April 05, 2012
LocationAddress: 500 West Main Street, Visalia, CA 93278
County: Tulare
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
Metropolitan Statistical Area (MSA): Visalia-Tulare-Porterville, CA (#8780)
Core Based Statistical Area (CBSA): Visalia-Porterville, CA (#47300)
CBSA Metro Statistical Area: Visalia-Porterville, CA (#47300)
Financial SummaryTotal assets: $91.5 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, 2002)
(Dollar figures in thousands)
Total employees (full-time equivalent)55
Total assets$84,952
Cash and due from depository institutions$4,087
Interest-bearing balances$136
Securities$7,324
Federal funds sold & reverse repurchase agreements$1,350
Net loans & leases$68,239
Loan loss allowance $681
Trading account assets$0
Bank premises and fixed assets$723
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$3,229
Life insurance assets$0
Total liabilities and capital$84,952
Total liabilities$78,226
Total deposits$73,791
Interest-bearing deposits$56,397
Deposits held in domestic offices$73,791
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $4,000
Subordinated debt $0
All other liabilities $435
Total equity capital$6,726
Total bank equity capital$6,726
Perpetual preferred stock$6,726
Common stock$0
Surplus$2,335
Undivided profits $3,154
Memoranda
Noncurrent loans and leases $1,237
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $14,776
Income earned, not collected on loans $0
Earning assets $259
Long-term assets (5+ years) $0
Average Assets, year-to-date $314
Average Assets, quarterly $77,049
Volatile liabilities $36,166
Insider loans $81,834
FHLB advances $84,984
Loans and leases held for sale $11,658
Unused loan commitments $344
Tier 1 (core) risk-based capital $4,000
Tier 2 risk-based capital $0
Total risk weighted assets $3,670
Total unused commitments $14,776
Restructured Loans and leases $0
Derivatives$681
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Income and Expense (December 31, 2002)
(Dollar figures in thousands)
Total interest income $6,136
Total interest expense $1,095
Net interest income $5,041
Provision for loan and lease losses $144
Total noninterest income $1,043
Fiduciary activities $0
Service charges on deposit accounts $465
Trading account gains & fees $0
Additional noninterest income $578
Total noninterest expense $4,273
Salaries and employee benefits $2,481
Premises and equipment expense $727
Additional noninterest expense $1,065
Pre-tax net operating income $1,667
Securities gains (losses) $0
Applicable income taxes $612
Income before extraordinary items $1,055
Extraordinary gains - net $0
Net income attributable to bank $1,055
Net charge-offs $0
Cash dividends $0
Sale, conversion, retirement of capital stock, net $31
Net operating income $0
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Performance and Condition Ratios (December 31, 2002)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets8.33%
Cost of funding earning assets 1.49%
Net interest margin 6.85%
Noninterest income to earning assets 1.42%
Noninterest expense to earning assets 5.80%
Net operating income to assets 1.29%
Return on assets (ROA) 1.29%
Pretax return on assets 2.04%
Return on equity (ROE) 17.03%
Retained earnings to average equity (YTD only) 17.03%
Net charge-offs to loans 0.05%
Credit loss provision to net charge-offs 464.52%
Efficiency ratio58.42%
Assets per employee$70,233
Cash dividends to net income (YTD only)1.54%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 0.99%
Noncurrent assets plus other real estate owned to assets 262.93%
Noncurrent loans to loans 0.30%
Net loans and leases to deposits0.38%
Net loans and leases to core deposits 92.48%
Equity capital to assets 106.40%
Core capital (leverage) ratio 7.92%
Tier 1 risk-based capital ratio 7.79%
Total risk-based capital ratio 9.69%
Memoranda
Average assets$11
Average earning assets$81,834
Average equity $6,195
Average loans $73,631
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