FDIC Certificate #: 33689 Status: Inactive Closing history: Corrections Acquiring institution:Nara Bank (#27530) Federal Reserve ID: 693309 Date Established: January 30, 1967 Bank Charter Class: Insured U.S. branch of a foreign chartered institution (IBA) Offices: 1 (Interstate: No) FDIC's unique #: 47773 Numeric code: 52 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: July 30, 1985 Last Structure Change Effective Date: October 09, 1998 Last Structure Change Process Date: December 03, 1998 Last Data Update: December 03, 1998 Data Source Date: April 05, 2012
Location
Address: 136-40 39th Avenue, New York City, NY 11354 County: Queens Quarterly Banking Profile Region: New York FDIC Geographic Region: New York FDIC Supervisory Region: San Francisco FDIC Field Office: New York City Office of the Comptroller the Currency (OCC) District: Northeast Office of Thrift Supervision Region: Northeast Metropolitan Statistical Area (MSA): New York, NY (#5600) Consolidated Metropolitan Statistical Area (CMSA): New York-Northern New Jersey-Long Island, NY-NJ-CT-PA (#70) Combined Statistical Area (CSA): New York-Newark-Bridgeport, NY-NJ-CT-PA (#408) Core Based Statistical Area (CBSA): New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) CBSA Metro Statistical Area: New York-Northern New Jersey-Long Island, NY-NJ-PA (#35620) Core Based Statistical Division: New York-White Plains-Wayne, NY-NJ (#35644)
History of Changes
Merger - Without Assistance
Corrections
Financial Summary
Total assets: $21.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
0Total employees (full-time equivalent)
$72,910Total assets
$25,371Cash and due from depository institutions
$0Interest-bearing balances
$99Securities
$0Federal funds sold & reverse repurchase agreements
$44,273Net loans & leases
$0Loan loss allowance
$0Trading account assets
$0Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,167All other assets
$72,910Total liabilities and capital
$72,910Total liabilities
$47,865Total deposits
$0Interest-bearing deposits
$47,865Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$25,045All other liabilities
$0Total equity capital
$0Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$0Surplus
$0Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$257Earning assets
$0Long-term assets (5+ years)
$0Average Assets, year-to-date
$0Average Assets, quarterly
$0Volatile liabilities
$73,896Insider loans
$73,937FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$778Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$0Total interest income
$0Total interest expense
$0Net interest income
$0Provision for loan and lease losses
$0Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$0Additional noninterest income
$0Total noninterest expense
$0Salaries and employee benefits
$0Premises and equipment expense
$0Additional noninterest expense
$0Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$0Income before extraordinary items
$0Extraordinary gains - net
$0Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
0.00%Cost of funding earning assets
0.00%Net interest margin
0.00%Noninterest income to earning assets
0.00%Noninterest expense to earning assets
0.00%Net operating income to assets
0.00%Return on assets (ROA)
0.00%Pretax return on assets
0.00%Return on equity (ROE)
0.00%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
0Assets per employee
0.00%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
0.00%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.58%Net loans and leases to deposits
92.50%Net loans and leases to core deposits
133.50%Equity capital to assets
0.00%Core capital (leverage) ratio
0.00%Tier 1 risk-based capital ratio
0.00%Total risk-based capital ratio
Memoranda
$0Average assets
$73,896Average earning assets
$0Average equity
$0Average loans
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