OneWest Bank, FSB in Pasadena, California (CA)
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| OneWest Bank, FSB | |
|---|---|
| General | FDIC Certificate #: 58978 Status: Active Federal Reserve ID: 3918898 Date Established: March 19, 2009 WWW: http://www.owb.com Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 79 (Domestic: 79, Interstate: No) OTS Docket #: 18129 FDIC's unique #: 489490 Numeric code: 37 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: 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: All Other Specialization > 1 Billion Date of Deposit Insurance: March 19, 2009 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012 |
| Location | Address: 888 E. Walnut Street, Pasadena, CA 91101 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) |
| History of Changes | Change in Primary Regulatory Agency |
| Financial Summary | Total assets: $26,181.3 mil Equity capital: $4,117.0 mil Deposits held in domestic offices: $15,408.4 mil Return on assets (ROA): 0.58% ($151.8 mil) Quarterly return on assets: 0.53% ($138.8 mil) Return on Equity (ROE): 3.69% ($151.9 mil) Quarterly return on equity: 3.48% ($143.3 mil) Net income: $154.8 mil Quarterly Net income: $35.7 mil Pretax return on assets: 0.93% ($243,485.8 mil) Quarterly Pretax return on assets: 0.86% ($225,158.9 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 2,948 |
| Total assets | $26,181,267 |
| Cash and due from depository institutions | $4,013,069 |
| Interest-bearing balances | $3,933,837 |
| Securities | $717,341 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $14,888,611 |
| Loan loss allowance | $84,840 |
| Trading account assets | $70,418 |
| Bank premises and fixed assets | $54,182 |
| Other real estate owned | $274,186 |
| Goodwill and other intangibles | $538,167 |
| All other assets | $5,625,293 |
| Life insurance assets | $26,181,267 |
| Total liabilities and capital | $22,064,287 |
| Total liabilities | $15,408,377 |
| Total deposits | $15,140,198 |
| Interest-bearing deposits | $15,408,377 |
| Deposits held in domestic offices | $96 |
| % insured (estimated) | 100000.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $5,447,913 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,107,997 |
| All other liabilities | $4,116,980 |
| Total equity capital | $4,116,980 |
| Total bank equity capital | $4,116,980 |
| Perpetual preferred stock | $0 |
| Common stock | $10,000 |
| Surplus | $1,568,404 |
| Undivided profits | $2,538,576 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 |
| Income earned, not collected on loans | $1,885,986 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $63,457 |
| Average Assets, year-to-date | $19,610,207 |
| Average Assets, quarterly | $0 |
| Volatile liabilities | $26,775,768 |
| Insider loans | $26,786,098 |
| FHLB advances | $9,442,474 |
| Loans and leases held for sale | $25,788,308 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $3,747,969 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $691,979 |
| Derivatives | $15,085 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $1,104,799 |
| Total interest expense | $316,133 |
| Net interest income | $788,666 |
| Provision for loan and lease losses | $32,479 |
| Total noninterest income | $243,647 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $5,307 |
| Trading account gains & fees | -$226,119 |
| Additional noninterest income | $464,459 |
| Total noninterest expense | $748,938 |
| Salaries and employee benefits | $306,456 |
| Premises and equipment expense | $71,315 |
| Additional noninterest expense | $371,167 |
| Pre-tax net operating income | $250,896 |
| Securities gains (losses) | -$1,189 |
| Applicable income taxes | $94,885 |
| Income before extraordinary items | $154,822 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | $154,822 |
| Net charge-offs | $0 |
| Cash dividends | $154,822 |
| Sale, conversion, retirement of capital stock, net | -$4,000 |
| Net operating income | $281,000 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.45% |
| Cost of funding earning assets | 1.56% |
| Net interest margin | 3.89% |
| Noninterest income to earning assets | 1.20% |
| Noninterest expense to earning assets | 3.70% |
| Net operating income to assets | 0.58% |
| Return on assets (ROA) | 0.58% |
| Pretax return on assets | 0.93% |
| Return on equity (ROE) | 3.69% |
| Retained earnings to average equity (YTD only) | -3.01% |
| Net charge-offs to loans | -0.03% |
| Credit loss provision to net charge-offs | -811.98% |
| Efficiency ratio | 0.00% |
| Assets per employee | $69,716 |
| Cash dividends to net income (YTD only) | 8.88% |
| Condition Ratios (%) | |
| Loss allowance to loans | 181.50% |
| Loss allowance to noncurrent loans | 0.57% |
| Noncurrent assets plus other real estate owned to assets | 4.50% |
| Noncurrent loans to loans | 8.25% |
| Net loans and leases to deposits | 12.60% |
| Net loans and leases to core deposits | 96.63% |
| Equity capital to assets | 102.14% |
| Core capital (leverage) ratio | 15.72% |
| Tier 1 risk-based capital ratio | 14.81% |
| Total risk-based capital ratio | 39.69% |
| Memoranda | |
| Average assets | $41 |
| Average earning assets | $26,775,768 |
| Average equity | $4,190,196 |
| Average loans | $20,264,681 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $18,563 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $18,381 |
| Employee benefit-defined contribution accounts | $7,374 |
| Employee benefit-defined benefit accounts | $25 |
| Other retirement accounts | $816 |
| Corporate trust and agency accounts | $1,371 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $8,795 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 64 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $0 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $182 |
| Corporate trust and agency accounts | $0 |
| Other fiduciary accounts | $0 |
| Fiduciary accounts held in foreign offices | $0 |
| 79 California Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 489490 | Onewest Bank, Fsb | 888 E. Walnut Street, Pasadena, CA 91101 | March 19, 2009 | Full Service Brick and Mortar |  |
| 2 | 276987 | 2233 So. Hacienda Blvd. Branch | 2233 S. Hacienda Blvd., Hacienda Heights, CA 91745 | July 06, 1936 | Full Service Brick and Mortar |  |
| 3 | 276988 | 2111 Bonita Avenue Branch | 2111 Bonita Avenue, La Verne, CA 91750 | July 06, 1936 | Full Service Brick and Mortar | |
| 4 | 276989 | 220 No. Hacienda Blvd. Branch | 220 N. Hacienda Blvd., City Of Industry, CA 91744 | July 06, 1936 | Full Service Brick and Mortar | |
| 5 | 276990 | One East Foothill Blvd. Branch | One East Foothill Blvd., Arcadia, CA 91006 | June 30, 1987 | Full Service Brick and Mortar | |
| 6 | 276992 | Barranca Branch | 225 North Barranca Street, West Covina, CA 91791 | December 01, 1984 | Full Service Brick and Mortar | |
| 7 | 276993 | 1413 Foothill Boulevard Branch | 1413 Foothill Boulevard, La Verne, CA 91750 | March 31, 1997 | Full Service Brick and Mortar | |
| 8 | 276994 | East Huntington Drive Branch | 1475 Huntington Drive, Duarte, CA 91010 | Febuary 24, 1997 | Full Service Brick and Mortar | |
| 9 | 362829 | Covina Branch | 144 North Second Ave, Covina, CA 91723 | January 01, 1992 | Full Service Brick and Mortar | |
| 10 | 432024 | Monterey Park Branch | 2088 South Atlantic Boulevard, Monterey Park, CA 91754 | May 10, 2004 | Full Service Brick and Mortar | |
| 11 | 432025 | Whittier Branch | 14870 East Whittier Blvd Ste B, Whittier, CA 90605 | April 28, 2004 | Full Service Brick and Mortar | |
| 12 | 432026 | Northridge Branch | 8726 Tampa Avenue, Northridge, CA 91324 | August 30, 2004 | Full Service Brick and Mortar | |
| 13 | 477899 | Manhattan Beach Branch | 1570 Rosecrans Ave. Suite F, Manhattan Beach, CA 90266 | June 27, 2005 | Full Service Brick and Mortar | |
| 14 | 477900 | Encino Branch | 17050 Ventura Blvd, Encino, CA 91316 | May 03, 2005 | Full Service Brick and Mortar | |
| 15 | 477939 | Buena Park Branch | 5401 Beach Blvd, Buena Park, CA 90621 | March 07, 2005 | Full Service Brick and Mortar | |
| 16 | 477940 | Torrance Branch | 2501 Pacific Coast Hwy, Torrance, CA 90505 | July 11, 2005 | Full Service Brick and Mortar | |
| 17 | 477941 | Long Beach Branch | 6620 E. Pacific Coast Hwy, Long Beach, CA 90803 | Febuary 20, 2004 | Full Service Brick and Mortar | |
| 18 | 477942 | Camarill0 Branch | 2245 Ventura Blvd, Camarillo, CA 93010 | December 28, 2004 | Full Service Brick and Mortar | |
| 19 | 477943 | Glendale Branch | 1111 N. Brand Blvd Ste A, Glendale, CA 91202 | Febuary 28, 2005 | Full Service Brick and Mortar | |
| 20 | 477944 | Costa Mesa Branch | 462 E 17th St, Costa Mesa, CA 92627 | March 14, 2005 | Full Service Brick and Mortar | |
| 21 | 477945 | Tustin Branch | 535 E. Main St. Unit # C, Tustin, CA 92780 | July 15, 2005 | Full Service Brick and Mortar | |
| 22 | 477946 | Ventura Branch | 4360 E. Main St. Suite D, Ventura, CA 93003 | September 19, 2005 | Full Service Brick and Mortar | |
| 23 | 477947 | Burbank Branch | 1001 N. San Fernando Blvd Ste 150, Burbank, CA 91504 | October 31, 2005 | Full Service Brick and Mortar | |
| 24 | 477948 | Chino Hills Branch | 3410 Grand Ave., Suite A, Chino Hills, CA 91709 | October 24, 2005 | Full Service Brick and Mortar | |
| 25 | 477949 | Laguna Hills Branch | 24191 Paseo De Valencia, Suite A, Laguna Woods, CA 92637 | December 05, 2005 | Full Service Brick and Mortar | |
| 26 | 477950 | Downey Branch | 12148 Lakewood Blvd, Downey, CA 90241 | November 21, 2005 | Full Service Brick and Mortar | |
| 27 | 477951 | Artesia Branch | 11660 South St. Suite 101, Artesia, CA 90701 | November 06, 2006 | Full Service Brick and Mortar | |
| 28 | 477952 | Huntington Beach Branch | 7061 Yorktown Avenue Suite 103, Huntington Beach, CA 92648 | July 24, 2006 | Full Service Brick and Mortar | |
| 29 | 477953 | Mission Viejo Branch | 28311 Marguerite Parkway Ste B, Mission Viejo, CA 92692 | March 19, 2007 | Full Service Brick and Mortar | |
| 30 | 477954 | Santa Monica Branch | 805 Wilshire Blvd., Santa Monica, CA 90401 | June 18, 2007 | Full Service Brick and Mortar | |
| 31 | 477955 | San Marino Branch | 900 E. Huntington Dr., San Marino, CA 91108 | October 19, 2006 | Full Service Brick and Mortar | |
| 32 | 478302 | Irvine Branch | 5791 Alton Parkway, Irvine, CA 92618 | July 11, 2008 | Full Service Brick and Mortar | |
| 33 | 478303 | Thousand Oaks Branch | 215 E. Thousand Oaks Blvd., Thousand Oaks, CA 91360 | July 11, 2008 | Full Service Brick and Mortar | |
| 34 | 41370 | First Federal Bank Branch | 401 Wilshire Boulevard, Santa Monica, CA 90401 | January 01, 1929 | Full Service Brick and Mortar | |
| 36 | 268242 | 11310 National Boulevard Branch | 11310 National Boulevard, Los Angeles, CA 90064 | January 01, 1929 | Full Service Brick and Mortar | |
| 37 | 268243 | 2827 Main Street Branch | 2827 Main Street, Santa Monica, CA 90405 | January 01, 1929 | Full Service Brick and Mortar | |
| 38 | 268244 | 5573 South Sepulveda Blvd Branch | 5573 Sepulveda Boulevard, Culver City, CA 90230 | January 01, 1929 | Full Service Brick and Mortar | |
| 39 | 268245 | 351 South Vermont Ave Branch | 351 South Vermont Ave, Los Angeles, CA 90020 | January 01, 1929 | Full Service Brick and Mortar | |
| 40 | 268246 | Ocean Park Blvd Branch | 1750 Ocean Park Blvd, Santa Monica, CA 90405 | January 01, 1929 | Full Service Brick and Mortar | |
| 41 | 268247 | 9311 W Pico Blvd Branch | 9618 W Pico Blvd Ste 504, Los Angeles, CA 90035 | January 01, 1929 | Full Service Brick and Mortar | |
| 42 | 268248 | 15135 Sunset Blvd Branch | 15135 Sunset Blvd, Pacific Palisades, CA 90272 | January 01, 1929 | Full Service Brick and Mortar | |
| 45 | 268254 | 1630 Montana Ave Branch | 1630 Montana Ave, Santa Monica, CA 90403 | January 01, 1929 | Full Service Brick and Mortar | |
| 46 | 284862 | 3500 East 7th Street Branch | 3500 East 7th Street, Long Beach, CA 90804 | January 01, 1963 | Full Service Brick and Mortar | |
| 47 | 284866 | 18585 Ventura Boulevard Branch | 18585 Ventura Boulevard, Tarzana, CA 91356 | January 01, 1963 | Full Service Brick and Mortar | |
| 48 | 266522 | Hermosa Beach Branch | 1100 Pacific Coast Highway, Hermosa Beach, CA 90254 | January 01, 1889 | Full Service Brick and Mortar | |
| 49 | 266525 | Agoura Branch | 5701 North Kanan Road, Agoura, CA 91301 | January 01, 1889 | Full Service Brick and Mortar | |
| 50 | 266537 | Bel Air Branch | 2920 North Beverly Glen Circle, Los Angeles, CA 90077 | June 30, 1986 | Full Service Brick and Mortar | |
| 51 | 266539 | Pacific Palisades Branch | 17361 Sunset Blvd, Pacific Palisades, CA 90272 | June 30, 1986 | Full Service Brick and Mortar | |
| 52 | 268255 | North La Brea Avenue Branch | 400 North La Brea Avenue, Los Angeles, CA 90036 | June 17, 1990 | Full Service Brick and Mortar | |
| 53 | 273884 | Westchester Branch | 8750 South Sepulveda Boulevard, Los Angeles, CA 90045 | November 01, 1934 | Full Service Brick and Mortar | |
| 55 | 268257 | Brentwood Branch | 12401 Wilshire Blvd., Los Angeles, CA 90025 | March 01, 1992 | Full Service Brick and Mortar | |
| 56 | 268258 | Marina Branch | 13405 Washington Boulevard, Marina Del Rey, CA 90292 | March 01, 1992 | Full Service Brick and Mortar | |
| 57 | 281765 | 8653 Beverly Boulevard Branch | 8653 Beverly Boulevard, West Hollywood, CA 90048 | May 07, 1954 | Full Service Brick and Mortar | |
| 58 | 281779 | 10784 Jefferson Blvd Branch | 10784 Jefferson Blvd, Culver City, CA 90230 | May 07, 1954 | Full Service Brick and Mortar | |
| 59 | 44815 | Del Amo Savings Bank Branch | 3422 W Carson Street, Torrance, CA 90503 | January 01, 1977 | Full Service Brick and Mortar | |
| 60 | 286387 | 2177 Pacific Coast Highway Branch | 2177 Pacific Coast Highway, Lomita, CA 90717 | January 01, 1977 | Full Service Brick and Mortar | |
| 61 | 44900 | Redondo Beach Branch | 2233 Artesia Boulevard, Redondo Beach, CA 90278 | January 01, 1978 | Full Service Brick and Mortar | |
| 62 | 286627 | East Torrance Branch | 1513 West Sepulveda Blvd Ste B2, Torrance, CA 90501 | January 01, 1978 | Full Service Brick and Mortar | |
| 63 | 464032 | 5701 South Eastern Ave. | 5701 South Eastern Ave. Ste 108, Commerce, CA 90040 | November 27, 2005 | Full Service Brick and Mortar | |
| 64 | 464033 | 30019 Hawthorne Blvd. | 30019 Hawthorne Blvd., Rancho Palos Verdes, CA 90275 | March 13, 2006 | Full Service Retail | |
| 65 | 491891 | Chatsworth Branch | 20505 Devonshire Street, Chatsworth, CA 91311 | Febuary 11, 2008 | Full Service Brick and Mortar | |
| 66 | 491892 | Westlake Village Branch | 3835 E. Thousand Oaks Blvd, Westlake Village, CA 91362 | May 27, 2008 | Full Service Brick and Mortar | |
| 67 | 491893 | Mission Viejo Branch | 23072 Alicia Parkway, Mission Viejo, CA 92692 | Febuary 29, 2008 | Full Service Retail | |
| 68 | 491894 | Irvine Branch | 3947 Irvine Boulevard, Irvine, CA 92602 | June 04, 2008 | Full Service Brick and Mortar | |
| 69 | 491895 | Buena Park Branch | 7872 Valley View Street, Buena Park, CA 90620 | June 30, 2008 | Full Service Brick and Mortar | |
| 70 | 495183 | Hastings Ranch Branch | 3809 E Foothill Blvd, Pasadena, CA 91107 | March 05, 2007 | Full Service Brick and Mortar | |
| 71 | 495184 | Thousand Oaks Branch | 475 E Avenida De Los Arboles, Thousand Oaks, CA 91360 | November 17, 2008 | Full Service Brick and Mortar | |
| 72 | 495188 | Anaheim State College Branch | 704 S State College Blvd, Anaheim, CA 92806 | November 05, 2008 | Full Service Brick and Mortar | |
| 73 | 45257 | La Jolla Bank Branch | 888 Prospect Street, La Jolla, CA 92037 | December 05, 1985 | Full Service Brick and Mortar | |
| 74 | 287966 | Rancho Santa Fe Branch | 6009 Paseo Delicias, Suite A, Rancho Santa Fe, CA 92091 | June 30, 1987 | Full Service Brick and Mortar | |
| 75 | 287108 | Escondido Branch | 390 West Valley Parkway, Escondido, CA 92025 | June 30, 1988 | Full Service Brick and Mortar | |
| 76 | 44891 | Alicia Town Center Branch | 25624 Alicia Pkwy, Laguna Hills, CA 92653 | January 01, 1979 | Full Service Brick and Mortar | |
| 77 | 287967 | Indian Wells Branch | 74990 Hwy 111, Indian Wells, CA 92210 | December 01, 1989 | Full Service Brick and Mortar | |
| 80 | 503112 | La Quinta Branch | 78010 Main St Ste 100, La Quinta, CA 92253 | May 17, 2004 | Full Service Brick and Mortar | |
| 81 | 503113 | Palm Desert Branch | 44495 Town Center Way Ste A, Palm Desert, CA 92260 | June 01, 2005 | Full Service Brick and Mortar | |
| 82 | 503114 | Newport Beach Branch | 100 Newport Center Dr Suite 150, Newport Beach, CA 92660 | June 30, 2005 | Full Service Brick and Mortar | |
| 83 | 519363 | Riviera Village | 1870 S. Elena Ave., Redondo Beach, CA 90277 | May 17, 2010 | Full Service Brick and Mortar | |
| 84 | 522115 | Cbg-Telebank Branch | 155 N. Lake Avenue, Pasadena, CA 91101 | July 01, 2010 | Full Service Cyber | |
| 85 | 522116 | Beverly Hills Branch | 9550 S. Santa Monica Blvd, Beverly Hills, CA 90210 | July 26, 2010 | Full Service Brick and Mortar | |
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Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.