Mellon 1st Business Bank, National Association in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 2008

  • Mellon 1st Business Bank, National Association in Los Angeles, California (CA)
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Mellon 1st Business Bank, National Association - Overview

  • General
  • FDIC Certificate #: 23406
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: U.S. Bank National Association (#6548)
    Federal Reserve ID: 627863
    Date Established: May 01, 1981
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 16407
    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: May 01, 1981
    Last Structure Change Effective Date: June 01, 2008
    Last Structure Change Process Date: June 12, 2008
    Last Data Update: June 12, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 601 West Fifth Street, Los Angeles, CA 90071
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    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)
  • Financial Summary
  • Total assets: $3,175.7 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, 2007)

  • Dollar figures in thousands
  • 208Total employees (full-time equivalent)
  • $3,502,829Total assets
  • $71,565Cash and due from depository institutions
  • $107Interest-bearing balances
  • $1,521,300Securities
  • $273,583Federal funds sold & reverse repurchase agreements
  • $1,092,826Net loans & leases
  • $9,878Loan loss allowance
  • $0Trading account assets
  • $1,184Bank premises and fixed assets
  • $0Other real estate owned
  • $502,794Goodwill and other intangibles
  • $6,401Life insurance assets
  • $39,577All other assets
  • $3,502,829Total liabilities and capital
  • $2,843,670Total liabilities
  • $2,438,350Total deposits
  • $1,600,256Interest-bearing deposits
  • $2,438,350Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $368,143Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $37,177All other liabilities
  • $659,159Total equity capital
  • $659,159Total bank equity capital
  • $659,159Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $644,111Undivided profits
  • Memoranda
  • $15,047Noncurrent loans and leases
  • $544,541Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $9,132Average Assets, year-to-date
  • $2,887,816Average Assets, quarterly
  • $1,170,975Volatile liabilities
  • $3,324,372Insider loans
  • $3,469,755FHLB advances
  • $698,759Loans and leases held for sale
  • $26,592Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $387Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $544,541Total unused commitments
  • $0Restructured Loans and leases
  • $11,848Derivatives

Income and Expense (December 31, 2007)

  • Dollar figures in thousands
  • $85,716Total interest income
  • $35,290Total interest expense
  • $50,426Net interest income
  • $1,463Provision for loan and lease losses
  • $6,292Total noninterest income
  • $0Fiduciary activities
  • $1,230Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,062Additional noninterest income
  • $32,590Total noninterest expense
  • $11,831Salaries and employee benefits
  • $1,804Premises and equipment expense
  • $18,955Additional noninterest expense
  • $22,665Pre-tax net operating income
  • $277Securities gains (losses)
  • $10,110Applicable income taxes
  • $12,832Income before extraordinary items
  • $0Extraordinary gains - net
  • $12,832Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2007)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 2.95%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 1.73%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 1.12%Noninterest expense to earning assets
  • 0.38%Net operating income to assets
  • 0.39%Return on assets (ROA)
  • 0.69%Pretax return on assets
  • 2.76%Return on equity (ROE)
  • 2.76%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -48766.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 41,752Assets per employee
  • 16.84%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.90%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 44.82%Net loans and leases to core deposits
  • 51.85%Equity capital to assets
  • 18.82%Core capital (leverage) ratio
  • 6.01%Tier 1 risk-based capital ratio
  • 10.06%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $3,324,372Average earning assets
  • $464,372Average equity
  • $2,909,820Average loans

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