New Horizons Savings and Loan Association in San Rafael, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 30, 1996

  • New Horizons Savings and Loan Association in San Rafael, California (CA)
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New Horizons Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 32040
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Luther Burbank Savings (#32178)
    Federal Reserve ID: 478775
    Date Established: January 01, 1978
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7775
    FDIC's unique #: 44874
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 05, 1980
    Last Structure Change Effective Date: September 30, 1996
    Last Structure Change Process Date: November 07, 1996
    Last Data Update: November 07, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1050 Fourth Street, San Rafael, CA 94901
    County: Marin
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Francisco, CA (#7360)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
  • Financial Summary
  • Total assets: $284.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $42Total assets
  • $294,194Cash and due from depository institutions
  • $5,479Interest-bearing balances
  • $5,310Securities
  • $23,884Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $257,051Loan loss allowance
  • $3,508Trading account assets
  • $0Bank premises and fixed assets
  • $842Other real estate owned
  • $1,653Goodwill and other intangibles
  • $5,224Life insurance assets
  • $61All other assets
  • $0Total liabilities and capital
  • $294,194Total liabilities
  • $270,198Total deposits
  • $247,329Interest-bearing deposits
  • $246,385Deposits held in domestic offices
  • 247329.00%% insured (estimated)
  • $94Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $21,000Subordinated debt
  • $0All other liabilities
  • $1,869Total equity capital
  • $1,869Total bank equity capital
  • $23,996Perpetual preferred stock
  • $0Common stock
  • $11,473Surplus
  • $0Undivided profits
  • Memoranda
  • $12,523Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,009Income earned, not collected on loans
  • $1,740Earning assets
  • $286,245Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $284,760Average Assets, quarterly
  • $292,091Volatile liabilities
  • $75,388Insider loans
  • $0FHLB advances
  • $21,000Loans and leases held for sale
  • $0Unused loan commitments
  • $7,953Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $23,962Total risk weighted assets
  • $185,516Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $22,147Total interest expense
  • $14,511Net interest income
  • $7,636Provision for loan and lease losses
  • $2,003Total noninterest income
  • $204Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $204Total noninterest expense
  • $5,135Salaries and employee benefits
  • $2,428Premises and equipment expense
  • $1,093Additional noninterest expense
  • $1,614Pre-tax net operating income
  • $702Securities gains (losses)
  • $0Applicable income taxes
  • $291Income before extraordinary items
  • $411Extraordinary gains - net
  • $0Net income attributable to bank
  • $411Net charge-offs
  • $1,855Cash dividends
  • $429Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.99%Cost of funding earning assets
  • 5.24%Net interest margin
  • 2.75%Noninterest income to earning assets
  • 0.07%Noninterest expense to earning assets
  • 1.85%Net operating income to assets
  • 0.14%Return on assets (ROA)
  • 0.14%Pretax return on assets
  • 0.25%Return on equity (ROE)
  • 1.70%Retained earnings to average equity (YTD only)
  • -0.07%Net charge-offs to loans
  • 0.72%Credit loss provision to net charge-offs
  • 107.98%Efficiency ratio
  • 65,102Assets per employee
  • 7.00%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 104.38%Loss allowance to loans
  • 1.35%Loss allowance to noncurrent loans
  • 87.50%Noncurrent assets plus other real estate owned to assets
  • 1.92%Noncurrent loans to loans
  • 1.54%Net loans and leases to deposits
  • 103.93%Net loans and leases to core deposits
  • 133.23%Equity capital to assets
  • 8.16%Core capital (leverage) ratio
  • 8.15%Tier 1 risk-based capital ratio
  • 12.92%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $284,760Average earning assets
  • $24,184Average equity
  • $277,192Average loans

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