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
No
ID
Name
Address
Established
Service Type
Map
0
451181
Pacific Enterprise Bank
17748 Sky Park Circle, Irvine, CA 92614
April 30, 2007
Full Service Brick and Mortar
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