FDIC Certificate #: 57338 Status: Active Federal Reserve ID: 3157183 Date Established: December 26, 2002 WWW:http://www.ocbusinessbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 362126 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: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: December 26, 2002 Last Structure Change Effective Date: March 26, 2012 Last Structure Change Process Date: March 30, 2012 Last Data Update: March 30, 2012 Data Source Date: April 05, 2012
Location
Address: 17901 Von Karman Avenue, Suite 150, Irvine, CA 92614 County: Orange Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Orange Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Orange County, CA (#5945) 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: Santa Ana-Anaheim-Irvine, CA (#42044)
History of Changes
Change in Location
Financial Summary
Total assets: $168.7 mil Equity capital: $38.4 mil Deposits held in domestic offices: $108.3 mil Return on assets (ROA): -0.20% (-$0.3 mil) Quarterly return on assets: -0.34% (-$0.6 mil) Return on Equity (ROE): -0.98% (-$0.4 mil) Quarterly return on equity: -1.62% (-$0.6 mil) Net income: -$0.4 mil Quarterly Net income: -$0.2 mil Pretax return on assets: -0.31% (-$522.9 mil) Quarterly Pretax return on assets: -0.73% (-$1,231.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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)
$168,690Total assets
$25,843Cash and due from depository institutions
$22,506Interest-bearing balances
$34,688Securities
$1Federal funds sold & reverse repurchase agreements
$100,687Net loans & leases
$3,485Loan loss allowance
$0Trading account assets
$48Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$168,690Life insurance assets
$7,423All other assets
$130,325Total liabilities and capital
$108,267Total liabilities
$72,190Total deposits
$108,267Interest-bearing deposits
$77Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$19,500Trading liabilities
$0Other borrowed funds
$2,558Subordinated debt
$38,365All other liabilities
$38,365Total equity capital
$38,365Total bank equity capital
$0Perpetual preferred stock
$23,623Common stock
$27,937Surplus
$-13,195Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$11,553Income earned, not collected on loans
$0Earning assets
$357Long-term assets (5+ years)
$157,882Average Assets, year-to-date
$40,919Average Assets, quarterly
$189,366Volatile liabilities
$181,878Insider loans
$117,707FHLB advances
$172,277Loans and leases held for sale
$4,589Unused loan commitments
$4,589Tier 1 (core) risk-based capital
$38,184Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$8,107Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$6,723Total interest income
$1,213Total interest expense
$5,510Net interest income
$0Provision for loan and lease losses
$433Total noninterest income
$0Fiduciary activities
$178Service charges on deposit accounts
$0Trading account gains & fees
$255Additional noninterest income
$6,679Total noninterest expense
$4,131Salaries and employee benefits
$401Premises and equipment expense
$2,147Additional noninterest expense
-$736Pre-tax net operating income
$149Securities gains (losses)
-$211Applicable income taxes
-$376Income before extraordinary items
$0Extraordinary gains - net
-$376Net income attributable to bank
$0Net charge-offs
-$376Cash dividends
$1,313Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.76%Yield on earning assets
0.68%Cost of funding earning assets
3.08%Net interest margin
0.24%Noninterest income to earning assets
3.74%Noninterest expense to earning assets
-0.25%Net operating income to assets
-0.20%Return on assets (ROA)
-0.31%Pretax return on assets
-0.98%Return on equity (ROE)
-0.98%Retained earnings to average equity (YTD only)
1.10%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
-0.56%Efficiency ratio
112,384Assets per employee
5.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.35%Loss allowance to noncurrent loans
30.17%Noncurrent assets plus other real estate owned to assets
6.85%Noncurrent loans to loans
11.09%Net loans and leases to deposits
93.00%Net loans and leases to core deposits
93.90%Equity capital to assets
22.74%Core capital (leverage) ratio
22.16%Tier 1 risk-based capital ratio
32.44%Total risk-based capital ratio
Memoranda
$34Average assets
$189,366Average earning assets
$38,339Average equity
$178,667Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
362126
Orange County Business Bank
17901 Von Karman Avenue, Suite 150, Irvine, CA 92614
December 26, 2002
Full Service Brick and Mortar
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