Pacific Thrift and Loan Company in Woodland Hills, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 19, 1999

  • Pacific Thrift and Loan Company in Woodland Hills, California (CA)
  • Show street view No street view available for this location

Pacific Thrift and Loan Company - Overview

  • General
  • FDIC Certificate #: 27415
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Affinity Bank (#27197)
    Federal Reserve ID: 1357596
    Date Established: December 19, 1988
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 39884
    Numeric code: 23
    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: December 19, 1988
    Last Structure Change Effective Date: November 19, 1999
    Last Structure Change Process Date: December 01, 1999
    Last Data Update: December 01, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 21031 Ventura Boulevard, Woodland Hills, CA 91364
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    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)
  • History of Changes
  • Partial Purchase & Assumption - Assisted
    Corrections
  • Financial Summary
  • Total assets: $127.3 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
  • 241Total employees (full-time equivalent)
  • $181,229Total assets
  • $41,766Cash and due from depository institutions
  • $0Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $82,242Net loans & leases
  • $1,415Loan loss allowance
  • $0Trading account assets
  • $4,345Bank premises and fixed assets
  • $218Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $52,658All other assets
  • $181,229Total liabilities and capital
  • $168,847Total liabilities
  • $162,583Total deposits
  • $161,866Interest-bearing deposits
  • $162,583Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $6,264All other liabilities
  • $12,382Total equity capital
  • $12,382Total bank equity capital
  • $12,382Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $10,104Undivided profits
  • Memoranda
  • $-722Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $6,487Earning assets
  • $0Long-term assets (5+ years)
  • $749Average Assets, year-to-date
  • $82,242Average Assets, quarterly
  • $41,915Volatile liabilities
  • $168,324Insider loans
  • $181,412FHLB advances
  • $498Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $71,908Total risk weighted assets
  • $0Total unused commitments
  • $0Restructured Loans and leases
  • $391,966Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $10,775Total interest income
  • $8,218Total interest expense
  • $2,557Net interest income
  • $199Provision for loan and lease losses
  • $56,435Total noninterest income
  • $0Fiduciary activities
  • $9Service charges on deposit accounts
  • $0Trading account gains & fees
  • $56,426Additional noninterest income
  • $68,021Total noninterest expense
  • $38,889Salaries and employee benefits
  • $3,766Premises and equipment expense
  • $25,366Additional noninterest expense
  • -$9,228Pre-tax net operating income
  • $0Securities gains (losses)
  • -$2,686Applicable income taxes
  • -$6,542Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,542Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,556Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 16.10%Yield on earning assets
  • 12.28%Cost of funding earning assets
  • 3.82%Net interest margin
  • 84.35%Noninterest income to earning assets
  • 101.66%Noninterest expense to earning assets
  • -3.89%Net operating income to assets
  • -3.89%Return on assets (ROA)
  • -5.48%Pretax return on assets
  • -37.16%Return on equity (ROE)
  • -37.16%Retained earnings to average equity (YTD only)
  • 2.26%Net charge-offs to loans
  • 12.79%Credit loss provision to net charge-offs
  • -5.80%Efficiency ratio
  • 115,305Assets per employee
  • 0.75%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.69%Loss allowance to noncurrent loans
  • 21.81%Noncurrent assets plus other real estate owned to assets
  • 3.70%Noncurrent loans to loans
  • 7.75%Net loans and leases to deposits
  • 50.58%Net loans and leases to core deposits
  • 50.74%Equity capital to assets
  • 6.83%Core capital (leverage) ratio
  • 6.69%Tier 1 risk-based capital ratio
  • 3.16%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $168,324Average earning assets
  • $17,606Average equity
  • $66,909Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Pacific Thrift and Loan Company.
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