Pacific National Bank in Newport Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 27, 1999

  • Pacific National Bank in Newport Beach, California (CA)
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Pacific National Bank - Overview

  • General
  • FDIC Certificate #: 23780
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Southern California Bank (#19028)
    Federal Reserve ID: 337461
    Date Established: January 29, 1982
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Interstate: No)
    OTS Docket #: 13623
    FDIC's unique #: 16622
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 29, 1982
    Last Structure Change Effective Date: Febuary 27, 1999
    Last Structure Change Process Date: March 17, 1999
    Last Data Update: March 17, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 4665 Macarthur Court, Newport Beach, CA 92660
    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)
  • Financial Summary
  • Total assets: $293.3 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 277Total employees (full-time equivalent)
  • $293,345Total assets
  • $15,213Cash and due from depository institutions
  • $10Interest-bearing balances
  • $5,229Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $267,253Net loans & leases
  • $2,216Loan loss allowance
  • $0Trading account assets
  • $1,058Bank premises and fixed assets
  • $679Other real estate owned
  • $210Goodwill and other intangibles
  • $0Life insurance assets
  • $3,703All other assets
  • $293,345Total liabilities and capital
  • $265,676Total liabilities
  • $220,800Total deposits
  • $106,785Interest-bearing deposits
  • $220,800Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $39,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $181Other borrowed funds
  • $0Subordinated debt
  • $5,695All other liabilities
  • $27,669Total equity capital
  • $27,669Total bank equity capital
  • $27,669Perpetual preferred stock
  • $0Common stock
  • $2,505Surplus
  • $8,841Undivided profits
  • Memoranda
  • $16,323Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,324Earning assets
  • $416Long-term assets (5+ years)
  • $886Average Assets, year-to-date
  • $272,492Average Assets, quarterly
  • $17,504Volatile liabilities
  • $264,330Insider loans
  • $282,389FHLB advances
  • $74,853Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $130,255Total risk weighted assets
  • $101,016Total unused commitments
  • $0Restructured Loans and leases
  • $197,226Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $20,255Total interest income
  • $5,517Total interest expense
  • $14,738Net interest income
  • $575Provision for loan and lease losses
  • $24,603Total noninterest income
  • $0Fiduciary activities
  • $378Service charges on deposit accounts
  • $0Trading account gains & fees
  • $24,225Additional noninterest income
  • $25,313Total noninterest expense
  • $15,214Salaries and employee benefits
  • $2,504Premises and equipment expense
  • $7,595Additional noninterest expense
  • $13,453Pre-tax net operating income
  • $4Securities gains (losses)
  • $5,651Applicable income taxes
  • $7,806Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,806Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$139Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.41%Yield on earning assets
  • 2.29%Cost of funding earning assets
  • 6.12%Net interest margin
  • 10.21%Noninterest income to earning assets
  • 10.50%Noninterest expense to earning assets
  • 2.95%Net operating income to assets
  • 2.95%Return on assets (ROA)
  • 5.09%Pretax return on assets
  • 33.09%Return on equity (ROE)
  • 33.09%Retained earnings to average equity (YTD only)
  • -0.06%Net charge-offs to loans
  • -413.67%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 64,276Assets per employee
  • 1.06%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.82%Loss allowance to noncurrent loans
  • 167.37%Noncurrent assets plus other real estate owned to assets
  • 0.68%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 121.04%Net loans and leases to core deposits
  • 144.36%Equity capital to assets
  • 9.43%Core capital (leverage) ratio
  • 10.49%Tier 1 risk-based capital ratio
  • 13.91%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $264,330Average earning assets
  • $23,591Average equity
  • $240,978Average loans

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