Merchants Bank of California, National Association - Overview
General
FDIC Certificate #: 27477 Status: Active Federal Reserve ID: 1377521 Date Established: March 31, 1989 WWW:http://www.merchantsbankca.com 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
No
ID
Name
Address
Established
Service Type
Map
0
40094
Merchants Bank Of California, National Association
One Civic Plaza, Suite 100, Carson, CA 90745
March 31, 1989
Full Service Brick and Mortar
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Merchants Bank of California, National Association
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