Merchants Bank of California, National Association in Carson, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Merchants Bank of California, National Association - Overview

  • General
  • FDIC Certificate #: 27477
    Status: Active
    Federal Reserve ID: 1377521
    Date Established: March 31, 1989
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 40094
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: March 31, 1989
    Last Structure Change Effective Date: May 25, 2010
    Last Structure Change Process Date: May 25, 2010
    Last Data Update: May 25, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: One Civic Plaza, Suite 100, Carson, CA 90745
    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
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $86.1 mil
    Equity capital: $15.8 mil
    Deposits held in domestic offices: $65.3 mil
    Return on assets (ROA): 2.94% ($2.5 mil)
    Quarterly return on assets: 0.86% ($0.7 mil)
    Return on Equity (ROE): 16.87% ($2.7 mil)
    Quarterly return on equity: 4.72% ($0.8 mil)
    Net income: $2.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 5.00% ($4,306.4 mil)
    Quarterly Pretax return on assets: 1.46% ($1,257.5 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, 2011)

  • Dollar figures in thousands
  • 50Total employees (full-time equivalent)
  • $86,127Total assets
  • $38,547Cash and due from depository institutions
  • $12,498Interest-bearing balances
  • $1,999Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $40,822Net loans & leases
  • $1,718Loan loss allowance
  • $0Trading account assets
  • $377Bank premises and fixed assets
  • $1,244Other real estate owned
  • $592Goodwill and other intangibles
  • $86,127Life insurance assets
  • $2,546All other assets
  • $70,344Total liabilities and capital
  • $65,319Total liabilities
  • $44,740Total deposits
  • $65,319Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $4,000Trading liabilities
  • $0Other borrowed funds
  • $1,025Subordinated debt
  • $15,783All other liabilities
  • $15,783Total equity capital
  • $15,783Total bank equity capital
  • $0Perpetual preferred stock
  • $230Common stock
  • $3,876Surplus
  • $11,677Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,978Income earned, not collected on loans
  • $1,062Earning assets
  • $157Long-term assets (5+ years)
  • $55,319Average Assets, year-to-date
  • $1,694Average Assets, quarterly
  • $86,488Volatile liabilities
  • $86,250Insider loans
  • $47,740FHLB advances
  • $88,384Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $15,783Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,412Restructured Loans and leases
  • $3,746Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,212Total interest income
  • $402Total interest expense
  • $2,810Net interest income
  • $680Provision for loan and lease losses
  • $9,728Total noninterest income
  • $0Fiduciary activities
  • $4,794Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,934Additional noninterest income
  • $7,532Total noninterest expense
  • $3,596Salaries and employee benefits
  • $769Premises and equipment expense
  • $3,167Additional noninterest expense
  • $4,326Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,785Applicable income taxes
  • $2,541Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,541Net income attributable to bank
  • $0Net charge-offs
  • $2,541Cash dividends
  • $1,055Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.57%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 4.87%Net interest margin
  • 16.86%Noninterest income to earning assets
  • 13.05%Noninterest expense to earning assets
  • 2.94%Net operating income to assets
  • 2.94%Return on assets (ROA)
  • 5.00%Pretax return on assets
  • 16.87%Return on equity (ROE)
  • 16.87%Retained earnings to average equity (YTD only)
  • 2.40%Net charge-offs to loans
  • 64.45%Credit loss provision to net charge-offs
  • 4.75%Efficiency ratio
  • 60,073Assets per employee
  • 1.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.04%Loss allowance to noncurrent loans
  • 57.69%Noncurrent assets plus other real estate owned to assets
  • 4.90%Noncurrent loans to loans
  • 7.00%Net loans and leases to deposits
  • 62.50%Net loans and leases to core deposits
  • 65.98%Equity capital to assets
  • 18.33%Core capital (leverage) ratio
  • 17.86%Tier 1 risk-based capital ratio
  • 33.06%Total risk-based capital ratio
  • Memoranda
  • $34Average assets
  • $86,488Average earning assets
  • $15,064Average equity
  • $57,699Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040094Merchants Bank Of California, National AssociationOne Civic Plaza, Suite 100, Carson, CA 90745March 31, 1989Full Service Brick and Mortar

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