Pacific Enterprise Bank in Irvine, California (CA)



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Pacific Enterprise Bank routing number info

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Pacific Enterprise Bank
GeneralFDIC 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
LocationAddress: 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 ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal 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)
Total employees (full-time equivalent)39
Total assets$275,294
Cash and due from depository institutions$23,083
Interest-bearing balances$21,167
Securities$13,346
Federal funds sold & reverse repurchase agreements$25,615
Net loans & leases$205,665
Loan loss allowance $3,287
Trading account assets$0
Bank premises and fixed assets$764
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$6,821
Life insurance assets$275,294
Total liabilities and capital$249,496
Total liabilities$237,393
Total deposits$196,633
Interest-bearing deposits$237,393
Deposits held in domestic offices$77
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$9,750
Other borrowed funds $0
Subordinated debt $2,353
All other liabilities $25,798
Total equity capital$25,798
Total bank equity capital$25,798
Perpetual preferred stock$0
Common stock$25,000
Surplus$1,586
Undivided profits $-788
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $1,061
Earning assets $0
Long-term assets (5+ years) $803
Average Assets, year-to-date $265,793
Average Assets, quarterly $33,099
Volatile liabilities $229,222
Insider loans $263,418
FHLB advances $157,301
Loans and leases held for sale $254,526
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $24,114
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $18,828
Derivatives$0
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $11,485
Total interest expense $2,217
Net interest income $9,268
Provision for loan and lease losses $931
Total noninterest income $2,121
Fiduciary activities $0
Service charges on deposit accounts $414
Trading account gains & fees $0
Additional noninterest income $1,707
Total noninterest expense $7,491
Salaries and employee benefits $4,732
Premises and equipment expense $741
Additional noninterest expense $2,018
Pre-tax net operating income $2,967
Securities gains (losses) $0
Applicable income taxes -$45
Income before extraordinary items $3,012
Extraordinary gains - net $0
Net income attributable to bank $3,012
Net charge-offs $0
Cash dividends $3,012
Sale, conversion, retirement of capital stock, net $234
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.22%
Cost of funding earning assets 1.01%
Net interest margin 4.21%
Noninterest income to earning assets 0.96%
Noninterest expense to earning assets 3.41%
Net operating income to assets 1.31%
Return on assets (ROA) 1.31%
Pretax return on assets 1.29%
Return on equity (ROE) 12.37%
Retained earnings to average equity (YTD only) 12.37%
Net charge-offs to loans 0.13%
Credit loss provision to net charge-offs 397.86%
Efficiency ratio16.66%
Assets per employee$65,774
Cash dividends to net income (YTD only)7.06%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.57%
Noncurrent assets plus other real estate owned to assets 309.80%
Noncurrent loans to loans 0.39%
Net loans and leases to deposits0.51%
Net loans and leases to core deposits 86.63%
Equity capital to assets 104.73%
Core capital (leverage) ratio 9.37%
Tier 1 risk-based capital ratio 9.47%
Total risk-based capital ratio 15.33%
Memoranda
Average assets$17
Average earning assets$229,222
Average equity $24,356
Average loans $219,903
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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
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