FDIC Certificate #: 28344 Status: Inactive Closing history: Corrections Acquiring institution:U.S. Bank National Association (#6548) Federal Reserve ID: 68774 Date Established: January 01, 1892 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1405 FDIC's unique #: 41178 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: September 28, 1938 Last Structure Change Effective Date: November 21, 2008 Last Structure Change Process Date: December 01, 2008 Last Data Update: December 01, 2008 Data Source Date: April 05, 2012
Location
Address: 399 North Garey Avenue, Pomona, CA 91767 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
Absorption - Assisted
Corrections
Financial Summary
Total assets: $3,715.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
784Total employees (full-time equivalent)
$4,280,668Total assets
$54,613Cash and due from depository institutions
$240Interest-bearing balances
$172,794Securities
$5,000Federal funds sold & reverse repurchase agreements
$3,883,534Net loans & leases
$65,548Loan loss allowance
$0Trading account assets
$59,519Bank premises and fixed assets
$973Other real estate owned
$1,547Goodwill and other intangibles
$3,954Life insurance assets
$102,688All other assets
$4,280,668Total liabilities and capital
$3,910,797Total liabilities
$3,254,802Total deposits
$2,996,962Interest-bearing deposits
$3,254,802Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$635,000Other borrowed funds
$0Subordinated debt
$20,995All other liabilities
$369,871Total equity capital
$369,871Total bank equity capital
$369,871Perpetual preferred stock
$0Common stock
$1Surplus
$176,234Undivided profits
Memoranda
$193,636Noncurrent loans and leases
$824,177Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$231,316Earning assets
$162Long-term assets (5+ years)
$21,556Average Assets, year-to-date
$4,061,568Average Assets, quarterly
$0Volatile liabilities
$4,383,987Insider loans
$4,316,454FHLB advances
$1,597,292Loans and leases held for sale
$3,869Unused loan commitments
$635,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$824,177Total unused commitments
$10,663Restructured Loans and leases
$46,117Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$307,360Total interest income
$155,702Total interest expense
$151,658Net interest income
$78,850Provision for loan and lease losses
$19,835Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$19,835Additional noninterest income
$98,593Total noninterest expense
$52,885Salaries and employee benefits
$18,778Premises and equipment expense
$26,930Additional noninterest expense
-$5,950Pre-tax net operating income
-$39Securities gains (losses)
-$3,721Applicable income taxes
-$2,268Income before extraordinary items
$0Extraordinary gains - net
-$2,268Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$51,991Sale, conversion, retirement of capital stock, net
$24,000Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.36%Yield on earning assets
3.73%Cost of funding earning assets
3.63%Net interest margin
0.48%Noninterest income to earning assets
2.36%Noninterest expense to earning assets
-0.05%Net operating income to assets
-0.05%Return on assets (ROA)
-0.14%Pretax return on assets
-0.59%Return on equity (ROE)
-6.85%Retained earnings to average equity (YTD only)
1.30%Net charge-offs to loans
151.66%Credit loss provision to net charge-offs
1.40%Efficiency ratio
57,491Assets per employee
5.46%Cash dividends to net income (YTD only)
Condition Ratios (%)
-1058.20%Loss allowance to loans
1.66%Loss allowance to noncurrent loans
28.34%Noncurrent assets plus other real estate owned to assets
5.43%Noncurrent loans to loans
5.86%Net loans and leases to deposits
119.32%Net loans and leases to core deposits
169.40%Equity capital to assets
8.64%Core capital (leverage) ratio
8.62%Tier 1 risk-based capital ratio
10.05%Total risk-based capital ratio
Memoranda
$11Average assets
$4,383,987Average earning assets
$383,667Average equity
$4,175,007Average loans
Total Fiduciary and Related Assets (December 31, 2007)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with PFF Bank & Trust.
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.
Comment about this bank, ask questions, or add new information about it: