Oceanic Bank in San Francisco, California (CA), Guam
Overview, Financial Summary, Detailed Financial Reports, Branches

Oceanic Bank - Overview

  • General
  • FDIC Certificate #: 23502
    Status: Active
    Federal Reserve ID: 248969
    Bank Holding Company (Regulatory Top Holder): Allied Banking Corporation (RSSDID: 1241396, Location: Makati City)
    Date Established: August 04, 1981
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: Yes)
    FDIC's unique #: 16467
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 04, 1981
    Last Structure Change Effective Date: Febuary 16, 2010
    Last Structure Change Process Date: Febuary 16, 2010
    Last Data Update: Febuary 16, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 130 Battery Street, San Francisco, CA 94111
    County: San Francisco
    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: $169.4 mil
    Equity capital: $32.1 mil
    Deposits held in domestic offices: $95.7 mil
    Return on assets (ROA): 0.73% ($1.2 mil)
    Quarterly return on assets: 0.56% ($0.9 mil)
    Return on Equity (ROE): 4.09% ($1.3 mil)
    Quarterly return on equity: 3.03% ($1.0 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 1.17% ($1,982.3 mil)
    Quarterly Pretax return on assets: 0.88% ($1,491.0 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
  • 30Total employees (full-time equivalent)
  • $169,427Total assets
  • $34,286Cash and due from depository institutions
  • $32,609Interest-bearing balances
  • $14,550Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $117,443Net loans & leases
  • $1,846Loan loss allowance
  • $0Trading account assets
  • $17Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $169,427Life insurance assets
  • $3,131All other assets
  • $137,341Total liabilities and capital
  • $120,003Total liabilities
  • $103,676Total deposits
  • $95,716Interest-bearing deposits
  • $69Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $16,890Trading liabilities
  • $0Other borrowed funds
  • $448Subordinated debt
  • $32,086All other liabilities
  • $32,086Total equity capital
  • $32,086Total bank equity capital
  • $0Perpetual preferred stock
  • $10,000Common stock
  • $0Surplus
  • $22,086Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,010Income earned, not collected on loans
  • $0Earning assets
  • $481Long-term assets (5+ years)
  • $164,602Average Assets, year-to-date
  • $4,201Average Assets, quarterly
  • $178,166Volatile liabilities
  • $173,680Insider loans
  • $136,847FHLB advances
  • $175,146Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,086Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,357Restructured Loans and leases
  • $4,862Derivatives
  • $12,285Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,099Total interest income
  • $1,430Total interest expense
  • $5,669Net interest income
  • $138Provision for loan and lease losses
  • $294Total noninterest income
  • $0Fiduciary activities
  • $16Service charges on deposit accounts
  • $0Trading account gains & fees
  • $278Additional noninterest income
  • $3,745Total noninterest expense
  • $1,937Salaries and employee benefits
  • $809Premises and equipment expense
  • $999Additional noninterest expense
  • $2,080Pre-tax net operating income
  • $0Securities gains (losses)
  • $782Applicable income taxes
  • $1,298Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,298Net income attributable to bank
  • $0Net charge-offs
  • $1,298Cash dividends
  • $252Sale, conversion, retirement of capital stock, net
  • $286Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.15%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 3.31%Net interest margin
  • 0.17%Noninterest income to earning assets
  • 2.19%Noninterest expense to earning assets
  • 0.73%Net operating income to assets
  • 0.73%Return on assets (ROA)
  • 1.17%Pretax return on assets
  • 4.09%Return on equity (ROE)
  • 3.19%Retained earnings to average equity (YTD only)
  • 0.21%Net charge-offs to loans
  • 54.76%Credit loss provision to net charge-offs
  • 8.80%Efficiency ratio
  • 62,804Assets per employee
  • 5.65%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 22.03%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 36.85%Noncurrent assets plus other real estate owned to assets
  • 2.96%Noncurrent loans to loans
  • 4.20%Net loans and leases to deposits
  • 97.87%Net loans and leases to core deposits
  • 236.18%Equity capital to assets
  • 18.94%Core capital (leverage) ratio
  • 18.32%Tier 1 risk-based capital ratio
  • 23.45%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $178,166Average earning assets
  • $31,697Average equity
  • $171,155Average loans

List of branches

  • 2 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016467Oceanic Bank130 Battery Street, San Francisco, CA 94111August 04, 1981Full Service Brick and Mortar
    2256404Sutter Branch447 Sutter Street, San Francisco, CA 94108July 21, 1998Full Service Brick and Mortar
  • 1 Guam Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    1256403Guam Branch1088 West Marine Drive Suite 129, Dededo, Guam 96929January 24, 1985Full Service Brick and Mortar

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