Los Angeles Thrift and Loan Company in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 1995

  • Los Angeles Thrift and Loan Company in Los Angeles, California (CA)
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Los Angeles Thrift and Loan Company - Overview

  • General
  • FDIC Certificate #: 33190
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: California Federal Bank (#30278)
    Federal Reserve ID: 1831612
    Date Established: November 01, 1990
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 46427
    Numeric code: 23
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: November 01, 1990
    Last Structure Change Effective Date: March 31, 1995
    Last Structure Change Process Date: April 04, 1995
    Last Data Update: April 04, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 4311 Wilshire Boulevard, Suite 110, Los Angeles, CA 90010
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    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: Los Angeles-Long Beach-Glendale, CA (#31084)
  • History of Changes
  • Absorption - Assisted
  • Financial Summary
  • Total assets: $23.4 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)
  • $10Total assets
  • $23,388Cash and due from depository institutions
  • $4,051Interest-bearing balances
  • $1,243Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $18,818Loan loss allowance
  • $1,509Trading account assets
  • $0Bank premises and fixed assets
  • $116Other real estate owned
  • $0Goodwill and other intangibles
  • $392Life insurance assets
  • $11All other assets
  • $0Total liabilities and capital
  • $23,388Total liabilities
  • $22,332Total deposits
  • $22,280Interest-bearing deposits
  • $22,280Deposits held in domestic offices
  • 22280.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $52Total equity capital
  • $52Total bank equity capital
  • $1,056Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $0Undivided profits
  • Memoranda
  • $-1,944Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,324Income earned, not collected on loans
  • $242Earning assets
  • $20,061Long-term assets (5+ years)
  • $281Average Assets, year-to-date
  • $25,568Average Assets, quarterly
  • $25,311Volatile liabilities
  • $600Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $1,045Total risk weighted assets
  • $19,948Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,969Total interest expense
  • $1,087Net interest income
  • $1,882Provision for loan and lease losses
  • $1,950Total noninterest income
  • $147Fiduciary activities
  • $0Service charges on deposit accounts
  • $14Trading account gains & fees
  • $0Additional noninterest income
  • $133Total noninterest expense
  • $1,150Salaries and employee benefits
  • $518Premises and equipment expense
  • $79Additional noninterest expense
  • $553Pre-tax net operating income
  • -$1,071Securities gains (losses)
  • $0Applicable income taxes
  • $393Income before extraordinary items
  • -$1,464Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,464Net charge-offs
  • $2,161Cash dividends
  • $0Sale, 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
  • 13.33%Cost of funding earning assets
  • 4.88%Net interest margin
  • 8.45%Noninterest income to earning assets
  • 0.66%Noninterest expense to earning assets
  • 5.16%Net operating income to assets
  • -5.73%Return on assets (ROA)
  • -5.73%Pretax return on assets
  • -4.19%Return on equity (ROE)
  • -62.35%Retained earnings to average equity (YTD only)
  • -62.35%Net charge-offs to loans
  • 9.91%Credit loss provision to net charge-offs
  • 90.24%Efficiency ratio
  • 56,087Assets per employee
  • 2.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 7.42%Loss allowance to noncurrent loans
  • 34.90%Noncurrent assets plus other real estate owned to assets
  • 18.49%Noncurrent loans to loans
  • 21.27%Net loans and leases to deposits
  • 84.46%Net loans and leases to core deposits
  • 86.80%Equity capital to assets
  • 4.52%Core capital (leverage) ratio
  • 4.13%Tier 1 risk-based capital ratio
  • 5.24%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $25,568Average earning assets
  • $2,348Average equity
  • $22,272Average loans

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