FDIC Certificate #: 33294 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank of California (#32036) Federal Reserve ID: 1856147 Date Established: January 25, 1991 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Interstate: No) OTS Docket #: 9390 FDIC's unique #: 46764 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: January 25, 1991 Last Structure Change Effective Date: Febuary 02, 1998 Last Structure Change Process Date: March 26, 1998 Last Data Update: March 26, 1998 Data Source Date: April 05, 2012
Location
Address: 13830 San Pablo Avenue, San Pablo, CA 94806 County: Contra Costa 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): Oakland, CA (#5775) 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: Oakland-Fremont-Hayward, CA (#36084)
Financial Summary
Total assets: $37.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
23Total employees (full-time equivalent)
$37,190Total assets
$3,830Cash and due from depository institutions
$1,700Interest-bearing balances
$232Securities
$2,700Federal funds sold & reverse repurchase agreements
$28,355Net loans & leases
$911Loan loss allowance
$0Trading account assets
$155Bank premises and fixed assets
$241Other real estate owned
$956Goodwill and other intangibles
$0Life insurance assets
$721All other assets
$37,190Total liabilities and capital
$34,085Total liabilities
$33,879Total deposits
$30,226Interest-bearing deposits
$33,879Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$209All other liabilities
$3,105Total equity capital
$3,105Total bank equity capital
$3,105Perpetual preferred stock
$0Common stock
$2,649Surplus
$0Undivided profits
Memoranda
$456Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$368Earning assets
$137Long-term assets (5+ years)
$207Average Assets, year-to-date
$32,987Average Assets, quarterly
$4,635Volatile liabilities
$38,511Insider loans
$37,386FHLB advances
$3,901Loans and leases held for sale
$72Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,150Total unused commitments
$0Restructured Loans and leases
$28,144Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$3,072Total interest income
$1,675Total interest expense
$1,397Net interest income
$673Provision for loan and lease losses
$949Total noninterest income
$0Fiduciary activities
$202Service charges on deposit accounts
$0Trading account gains & fees
$747Additional noninterest income
$2,105Total noninterest expense
$960Salaries and employee benefits
$326Premises and equipment expense
$819Additional noninterest expense
-$432Pre-tax net operating income
$0Securities gains (losses)
-$158Applicable income taxes
-$274Income before extraordinary items
$0Extraordinary gains - net
-$274Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$76Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.95%Yield on earning assets
4.88%Cost of funding earning assets
4.07%Net interest margin
2.76%Noninterest income to earning assets
6.13%Noninterest expense to earning assets
-0.71%Net operating income to assets
-0.71%Return on assets (ROA)
-1.12%Pretax return on assets
-8.22%Return on equity (ROE)
-8.22%Retained earnings to average equity (YTD only)
0.26%Net charge-offs to loans
885.53%Credit loss provision to net charge-offs
3.17%Efficiency ratio
83,205Assets per employee
1.62%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.11%Loss allowance to noncurrent loans
247.55%Noncurrent assets plus other real estate owned to assets
1.64%Noncurrent loans to loans
1.26%Net loans and leases to deposits
83.69%Net loans and leases to core deposits
94.59%Equity capital to assets
8.35%Core capital (leverage) ratio
7.82%Tier 1 risk-based capital ratio
10.50%Total risk-based capital ratio
Memoranda
$12Average assets
$38,511Average earning assets
$3,335Average equity
$34,341Average loans
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