Pacific Enterprise Bank in Irvine, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pacific Enterprise Bank - Overview

  • General
  • FDIC Certificate #: 58415
    Status: Active
    Federal Reserve ID: 3490871
    Bank Holding Company (Regulatory Top Holder): Pacific Enterprise Bancorp (RSSDID: 3490880, Location: Irvine, CA)
    Date Established: April 30, 2007
    WWW: http://www.pacificenterprisebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 451181
    Numeric code: 13
    Regulator: FED
    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: April 30, 2007
    Last Structure Change Effective Date: May 01, 2007
    Last Structure Change Process Date: May 01, 2007
    Last Data Update: May 01, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 17748 Sky Park Circle, 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 Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $275.3 mil
    Equity capital: $25.8 mil
    Deposits held in domestic offices: $237.4 mil
    Return on assets (ROA): 1.31% ($3.6 mil)
    Quarterly return on assets: 0.92% ($2.5 mil)
    Return on Equity (ROE): 12.37% ($3.2 mil)
    Quarterly return on equity: 9.46% ($2.5 mil)
    Net income: $3.0 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.29% ($3,551.3 mil)
    Quarterly Pretax return on assets: 1.37% ($3,771.5 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
  • 39Total employees (full-time equivalent)
  • $275,294Total assets
  • $23,083Cash and due from depository institutions
  • $21,167Interest-bearing balances
  • $13,346Securities
  • $25,615Federal funds sold & reverse repurchase agreements
  • $205,665Net loans & leases
  • $3,287Loan loss allowance
  • $0Trading account assets
  • $764Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $275,294Life insurance assets
  • $6,821All other assets
  • $249,496Total liabilities and capital
  • $237,393Total liabilities
  • $196,633Total deposits
  • $237,393Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $9,750Trading liabilities
  • $0Other borrowed funds
  • $2,353Subordinated debt
  • $25,798All other liabilities
  • $25,798Total equity capital
  • $25,798Total bank equity capital
  • $0Perpetual preferred stock
  • $25,000Common stock
  • $1,586Surplus
  • $-788Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,061Income earned, not collected on loans
  • $0Earning assets
  • $803Long-term assets (5+ years)
  • $265,793Average Assets, year-to-date
  • $33,099Average Assets, quarterly
  • $229,222Volatile liabilities
  • $263,418Insider loans
  • $157,301FHLB advances
  • $254,526Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $24,114Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $18,828Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,485Total interest income
  • $2,217Total interest expense
  • $9,268Net interest income
  • $931Provision for loan and lease losses
  • $2,121Total noninterest income
  • $0Fiduciary activities
  • $414Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,707Additional noninterest income
  • $7,491Total noninterest expense
  • $4,732Salaries and employee benefits
  • $741Premises and equipment expense
  • $2,018Additional noninterest expense
  • $2,967Pre-tax net operating income
  • $0Securities gains (losses)
  • -$45Applicable income taxes
  • $3,012Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,012Net income attributable to bank
  • $0Net charge-offs
  • $3,012Cash dividends
  • $234Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.22%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 4.21%Net interest margin
  • 0.96%Noninterest income to earning assets
  • 3.41%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 1.29%Pretax return on assets
  • 12.37%Return on equity (ROE)
  • 12.37%Retained earnings to average equity (YTD only)
  • 0.13%Net charge-offs to loans
  • 397.86%Credit loss provision to net charge-offs
  • 16.66%Efficiency ratio
  • 65,774Assets per employee
  • 7.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.57%Loss allowance to noncurrent loans
  • 309.80%Noncurrent assets plus other real estate owned to assets
  • 0.39%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 86.63%Net loans and leases to core deposits
  • 104.73%Equity capital to assets
  • 9.37%Core capital (leverage) ratio
  • 9.47%Tier 1 risk-based capital ratio
  • 15.33%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $229,222Average earning assets
  • $24,356Average equity
  • $219,903Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451181Pacific Enterprise Bank17748 Sky Park Circle, Irvine, CA 92614April 30, 2007Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Pacific Enterprise Bank.
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.
Table of Contents