Liberty National Bank in Huntington Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1997

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

Liberty National Bank - Overview

  • General
  • FDIC Certificate #: 23879
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Eldorado Bank (#20676)
    Federal Reserve ID: 800965
    Date Established: June 02, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 16678
    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: June 02, 1982
    Last Structure Change Effective Date: June 30, 1997
    Last Structure Change Process Date: July 22, 1997
    Last Data Update: July 22, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 7777 Center Avenue, Huntington Beach, CA 92647
    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)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $148.9 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $64Total assets
  • $150,941Cash and due from depository institutions
  • $8,146Interest-bearing balances
  • $0Securities
  • $15,153Federal funds sold & reverse repurchase agreements
  • $15,800Net loans & leases
  • $103,305Loan loss allowance
  • $1,696Trading account assets
  • $0Bank premises and fixed assets
  • $1,330Other real estate owned
  • $836Goodwill and other intangibles
  • $2,760Life insurance assets
  • $3,611All other assets
  • $0Total liabilities and capital
  • $150,941Total liabilities
  • $138,168Total deposits
  • $134,941Interest-bearing deposits
  • $108,156Deposits held in domestic offices
  • 134941.00%% insured (estimated)
  • $74Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,227Total equity capital
  • $3,227Total bank equity capital
  • $12,773Perpetual preferred stock
  • $0Common stock
  • $417Surplus
  • $11,734Undivided profits
  • Memoranda
  • $622Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,036Income earned, not collected on loans
  • $492Earning assets
  • $134,258Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $148,727Average Assets, quarterly
  • $146,928Volatile liabilities
  • $3,479Insider loans
  • $1,849FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $18,643Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $9,131Total risk weighted assets
  • $108,282Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $9,250Total interest expense
  • $4,200Net interest income
  • $5,050Provision for loan and lease losses
  • $200Total noninterest income
  • $1,962Fiduciary activities
  • $0Service charges on deposit accounts
  • $265Trading account gains & fees
  • $0Additional noninterest income
  • $1,697Total noninterest expense
  • $5,674Salaries and employee benefits
  • $2,439Premises and equipment expense
  • $932Additional noninterest expense
  • $2,303Pre-tax net operating income
  • $1,138Securities gains (losses)
  • $2Applicable income taxes
  • $549Income before extraordinary items
  • $591Extraordinary gains - net
  • $0Net income attributable to bank
  • $591Net charge-offs
  • $261Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $813Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.98%Cost of funding earning assets
  • 3.17%Net interest margin
  • 3.81%Noninterest income to earning assets
  • 1.48%Noninterest expense to earning assets
  • 4.28%Net operating income to assets
  • 0.40%Return on assets (ROA)
  • 0.40%Pretax return on assets
  • 0.77%Return on equity (ROE)
  • 4.83%Retained earnings to average equity (YTD only)
  • 4.83%Net charge-offs to loans
  • 0.28%Credit loss provision to net charge-offs
  • 76.63%Efficiency ratio
  • 77,881Assets per employee
  • 2.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.62%Loss allowance to noncurrent loans
  • 55.86%Noncurrent assets plus other real estate owned to assets
  • 2.57%Noncurrent loans to loans
  • 2.89%Net loans and leases to deposits
  • 76.56%Net loans and leases to core deposits
  • 78.58%Equity capital to assets
  • 8.46%Core capital (leverage) ratio
  • 6.19%Tier 1 risk-based capital ratio
  • 8.43%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $148,727Average earning assets
  • $12,245Average equity
  • $132,605Average loans

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