National Bank of Long Beach in Long Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1995

  • National Bank of Long Beach in Long Beach, California (CA)
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National Bank of Long Beach - Overview

  • General
  • FDIC Certificate #: 22406
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Metrobank (#22797)
    Federal Reserve ID: 222866
    Date Established: January 20, 1977
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 15607
    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: January 20, 1977
    Last Structure Change Effective Date: April 01, 1995
    Last Structure Change Process Date: August 01, 1995
    Last Data Update: August 01, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 East Ocean Boulevard, Long Beach, CA 90802
    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: $222.0 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)
  • $106Total assets
  • $229,202Cash and due from depository institutions
  • $16,371Interest-bearing balances
  • $1,370Securities
  • $32,502Federal funds sold & reverse repurchase agreements
  • $27,000Net loans & leases
  • $138,865Loan loss allowance
  • $4,092Trading account assets
  • $0Bank premises and fixed assets
  • $1,591Other real estate owned
  • $7,459Goodwill and other intangibles
  • $5,414Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $229,202Total liabilities
  • $201,228Total deposits
  • $198,722Interest-bearing deposits
  • $114,946Deposits held in domestic offices
  • 198722.00%% insured (estimated)
  • $54Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,506Total equity capital
  • $2,506Total bank equity capital
  • $27,974Perpetual preferred stock
  • $5,000Common stock
  • $1,512Surplus
  • $6,014Undivided profits
  • Memoranda
  • $15,448Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,133Income earned, not collected on loans
  • $1,000Earning assets
  • $199,737Long-term assets (5+ years)
  • $4,455Average Assets, year-to-date
  • $228,251Average Assets, quarterly
  • $235,750Volatile liabilities
  • $25,199Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $67,150Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $28,219Total risk weighted assets
  • $183,234Total unused commitments
  • $0Restructured Loans and leases
  • $47,171Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $16,117Total interest expense
  • $3,283Net interest income
  • $12,834Provision for loan and lease losses
  • $125Total noninterest income
  • $3,211Fiduciary activities
  • $0Service charges on deposit accounts
  • $731Trading account gains & fees
  • $614Additional noninterest income
  • $1,866Total noninterest expense
  • $13,625Salaries and employee benefits
  • $6,390Premises and equipment expense
  • $2,324Additional noninterest expense
  • $4,911Pre-tax net operating income
  • $2,295Securities gains (losses)
  • $0Applicable income taxes
  • -$1,106Income before extraordinary items
  • $3,401Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,401Net charge-offs
  • $942Cash 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
  • 8.22%Cost of funding earning assets
  • 1.68%Net interest margin
  • 6.55%Noninterest income to earning assets
  • 1.64%Noninterest expense to earning assets
  • 6.95%Net operating income to assets
  • 1.49%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 1.01%Return on equity (ROE)
  • 13.22%Retained earnings to average equity (YTD only)
  • 13.22%Net charge-offs to loans
  • 0.64%Credit loss provision to net charge-offs
  • 13.27%Efficiency ratio
  • 84,917Assets per employee
  • 2.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.86%Loss allowance to noncurrent loans
  • 66.72%Noncurrent assets plus other real estate owned to assets
  • 5.93%Noncurrent loans to loans
  • 4.29%Net loans and leases to deposits
  • 69.88%Net loans and leases to core deposits
  • 80.03%Equity capital to assets
  • 12.20%Core capital (leverage) ratio
  • 11.70%Tier 1 risk-based capital ratio
  • 15.40%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $228,251Average earning assets
  • $25,734Average equity
  • $195,977Average loans

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