Landmark National Bank in Solana Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 02, 2007

  • Landmark National Bank in Solana Beach, California (CA)
  • Show street view No street view available for this location

Landmark National Bank - Overview

  • General
  • FDIC Certificate #: 57324
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: 1st Pacific Bank of California (#35517)
    Federal Reserve ID: 3135109
    Date Established: August 26, 2002
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 361866
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: August 26, 2002
    Last Structure Change Effective Date: July 02, 2007
    Last Structure Change Process Date: September 10, 2007
    Last Data Update: September 10, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 937 Lomas Santa Fe Drive, Solana Beach, CA 92075
    County: San Diego
    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): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • Financial Summary
  • Total assets: $100.3 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, 2006)

  • Dollar figures in thousands
  • 39Total employees (full-time equivalent)
  • $125,016Total assets
  • $3,879Cash and due from depository institutions
  • $1,703Interest-bearing balances
  • $21,111Securities
  • $16,325Federal funds sold & reverse repurchase agreements
  • $74,846Net loans & leases
  • $1,084Loan loss allowance
  • $0Trading account assets
  • $1,060Bank premises and fixed assets
  • $0Other real estate owned
  • $5,227Goodwill and other intangibles
  • $0Life insurance assets
  • $2,568All other assets
  • $125,016Total liabilities and capital
  • $107,263Total liabilities
  • $102,459Total deposits
  • $71,423Interest-bearing deposits
  • $102,459Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,968Other borrowed funds
  • $0Subordinated debt
  • $836All other liabilities
  • $17,753Total equity capital
  • $17,753Total bank equity capital
  • $17,753Perpetual preferred stock
  • $0Common stock
  • $9,587Surplus
  • $12,106Undivided profits
  • Memoranda
  • $-3,940Noncurrent loans and leases
  • $21,289Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $491Earning assets
  • $0Long-term assets (5+ years)
  • $536Average Assets, year-to-date
  • $113,985Average Assets, quarterly
  • $3,990Volatile liabilities
  • $123,265Insider loans
  • $120,822FHLB advances
  • $20,005Loans and leases held for sale
  • $3,506Unused loan commitments
  • $3,968Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $21,289Total unused commitments
  • $0Restructured Loans and leases
  • $1,126Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $8,738Total interest income
  • $2,541Total interest expense
  • $6,197Net interest income
  • $46Provision for loan and lease losses
  • $225Total noninterest income
  • $0Fiduciary activities
  • $122Service charges on deposit accounts
  • $0Trading account gains & fees
  • $103Additional noninterest income
  • $5,433Total noninterest expense
  • $2,797Salaries and employee benefits
  • $1,104Premises and equipment expense
  • $1,532Additional noninterest expense
  • $943Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $942Income before extraordinary items
  • $0Extraordinary gains - net
  • $942Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $8Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.79%Yield on earning assets
  • 2.27%Cost of funding earning assets
  • 5.53%Net interest margin
  • 0.20%Noninterest income to earning assets
  • 4.85%Noninterest expense to earning assets
  • 0.76%Net operating income to assets
  • 0.76%Return on assets (ROA)
  • 0.77%Pretax return on assets
  • 5.51%Return on equity (ROE)
  • 5.51%Retained earnings to average equity (YTD only)
  • 0.01%Net charge-offs to loans
  • 575.00%Credit loss provision to net charge-offs
  • 123.63%Efficiency ratio
  • 84,600Assets per employee
  • 3.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 220.77%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.65%Net loans and leases to deposits
  • 73.05%Net loans and leases to core deposits
  • 89.34%Equity capital to assets
  • 14.20%Core capital (leverage) ratio
  • 11.19%Tier 1 risk-based capital ratio
  • 13.99%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $123,265Average earning assets
  • $17,108Average equity
  • $112,118Average loans

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