Pacific Business Bank in Santa Fe Springs, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 15, 2003

  • Pacific Business Bank in Santa Fe Springs, California (CA)
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Pacific Business Bank - Overview

  • General
  • FDIC Certificate #: 25069
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: East West Bank (#31628)
    Federal Reserve ID: 932361
    Date Established: April 02, 1984
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Interstate: No)
    OTS Docket #: 15745
    FDIC's unique #: 17353
    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: April 02, 1984
    Last Structure Change Effective Date: March 15, 2003
    Last Structure Change Process Date: April 22, 2003
    Last Data Update: April 22, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 10100 Pioneer Boulevard, Suite 1000, Santa Fe Springs, CA 90670
    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)
  • Financial Summary
  • Total assets: $162.7 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, 2002)

  • Dollar figures in thousands
  • 59Total employees (full-time equivalent)
  • $162,663Total assets
  • $22,968Cash and due from depository institutions
  • $13,847Interest-bearing balances
  • $4,108Securities
  • $6,400Federal funds sold & reverse repurchase agreements
  • $121,722Net loans & leases
  • $1,873Loan loss allowance
  • $0Trading account assets
  • $851Bank premises and fixed assets
  • $686Other real estate owned
  • $3,133Goodwill and other intangibles
  • $0Life insurance assets
  • $2,795All other assets
  • $162,663Total liabilities and capital
  • $144,431Total liabilities
  • $140,482Total deposits
  • $103,246Interest-bearing deposits
  • $140,482Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $2,400Other borrowed funds
  • $0Subordinated debt
  • $1,549All other liabilities
  • $18,232Total equity capital
  • $18,232Total bank equity capital
  • $18,232Perpetual preferred stock
  • $0Common stock
  • $15,019Surplus
  • $0Undivided profits
  • Memoranda
  • $3,213Noncurrent loans and leases
  • $13,871Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $542Average Assets, year-to-date
  • $146,077Average Assets, quarterly
  • $35,037Volatile liabilities
  • $159,880Insider loans
  • $164,991FHLB advances
  • $37,850Loans and leases held for sale
  • $0Unused loan commitments
  • $2,400Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $13,871Total unused commitments
  • $0Restructured Loans and leases
  • $1,688Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $8,905Total interest income
  • $2,314Total interest expense
  • $6,591Net interest income
  • $918Provision for loan and lease losses
  • $697Total noninterest income
  • $0Fiduciary activities
  • $597Service charges on deposit accounts
  • $0Trading account gains & fees
  • $100Additional noninterest income
  • $6,550Total noninterest expense
  • $3,205Salaries and employee benefits
  • $1,434Premises and equipment expense
  • $1,911Additional noninterest expense
  • -$180Pre-tax net operating income
  • $97Securities gains (losses)
  • -$41Applicable income taxes
  • -$42Income before extraordinary items
  • $0Extraordinary gains - net
  • -$42Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $558Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.23%Yield on earning assets
  • 1.62%Cost of funding earning assets
  • 4.61%Net interest margin
  • 0.49%Noninterest income to earning assets
  • 4.59%Noninterest expense to earning assets
  • -0.07%Net operating income to assets
  • -0.03%Return on assets (ROA)
  • -0.05%Pretax return on assets
  • -0.23%Return on equity (ROE)
  • -0.23%Retained earnings to average equity (YTD only)
  • 0.50%Net charge-offs to loans
  • 164.52%Credit loss provision to net charge-offs
  • 1.32%Efficiency ratio
  • 89,874Assets per employee
  • 2.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.52%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.42%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 86.65%Net loans and leases to core deposits
  • 115.89%Equity capital to assets
  • 11.21%Core capital (leverage) ratio
  • 9.15%Tier 1 risk-based capital ratio
  • 11.18%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $159,880Average earning assets
  • $18,136Average equity
  • $142,836Average loans

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