Pan American Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pan American Bank - Overview

  • General
  • FDIC Certificate #: 20448
    Status: Active
    Federal Reserve ID: 641364
    Date Established: July 01, 1971
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 14098
    Numeric code: 21
    Regulator: FDIC
    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: Mortgage Lending Specialization
    Date of Deposit Insurance: July 01, 1971
    Last Structure Change Effective Date: November 12, 2008
    Last Structure Change Process Date: November 12, 2008
    Last Data Update: November 12, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 3626 East First Street, Los Angeles, CA 90063
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    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
  • Change in Location
  • Financial Summary
  • Total assets: $39.5 mil
    Equity capital: $0.7 mil
    Deposits held in domestic offices: $38.5 mil
    Return on assets (ROA): -5.64% (-$2.3 mil)
    Quarterly return on assets: -8.53% (-$3.4 mil)
    Return on Equity (ROE): -112.36% (-$1.1 mil)
    Quarterly return on equity: -283.89% (-$2.8 mil)
    Net income: -$2.3 mil
    Quarterly Net income: -$0.9 mil
    Pretax return on assets: -5.64% (-$2,229.8 mil)
    Quarterly Pretax return on assets: -8.53% (-$3,372.3 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 28Total employees (full-time equivalent)
  • $39,535Total assets
  • $3,864Cash and due from depository institutions
  • $2,475Interest-bearing balances
  • $1Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $33,446Net loans & leases
  • $2,498Loan loss allowance
  • $0Trading account assets
  • $1,545Bank premises and fixed assets
  • $156Other real estate owned
  • $0Goodwill and other intangibles
  • $39,535Life insurance assets
  • $523All other assets
  • $38,803Total liabilities and capital
  • $38,493Total liabilities
  • $28,284Total deposits
  • $38,493Interest-bearing deposits
  • $99Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $310Subordinated debt
  • $732All other liabilities
  • $732Total equity capital
  • $732Total bank equity capital
  • $0Perpetual preferred stock
  • $1,520Common stock
  • $545Surplus
  • $-1,333Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $441Income earned, not collected on loans
  • $0Earning assets
  • $169Long-term assets (5+ years)
  • $35,922Average Assets, year-to-date
  • $29,048Average Assets, quarterly
  • $41,595Volatile liabilities
  • $40,680Insider loans
  • $24,368FHLB advances
  • $40,654Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $707Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $200Restructured Loans and leases
  • $24Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,274Total interest income
  • $174Total interest expense
  • $2,100Net interest income
  • $1,975Provision for loan and lease losses
  • $403Total noninterest income
  • $0Fiduciary activities
  • $307Service charges on deposit accounts
  • $0Trading account gains & fees
  • $96Additional noninterest income
  • $2,874Total noninterest expense
  • $1,115Salaries and employee benefits
  • $465Premises and equipment expense
  • $1,294Additional noninterest expense
  • -$2,346Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • -$2,347Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,347Net income attributable to bank
  • $0Net charge-offs
  • -$2,347Cash dividends
  • $404Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.08%Yield on earning assets
  • 0.47%Cost of funding earning assets
  • 5.61%Net interest margin
  • 1.08%Noninterest income to earning assets
  • 7.68%Noninterest expense to earning assets
  • -5.64%Net operating income to assets
  • -5.64%Return on assets (ROA)
  • -5.64%Pretax return on assets
  • -112.36%Return on equity (ROE)
  • -112.36%Retained earnings to average equity (YTD only)
  • 1.12%Net charge-offs to loans
  • 488.86%Credit loss provision to net charge-offs
  • -0.92%Efficiency ratio
  • 114,822Assets per employee
  • 1.41%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.95%Loss allowance to noncurrent loans
  • 566.44%Noncurrent assets plus other real estate owned to assets
  • 1.51%Noncurrent loans to loans
  • 1.23%Net loans and leases to deposits
  • 86.89%Net loans and leases to core deposits
  • 87.49%Equity capital to assets
  • 1.85%Core capital (leverage) ratio
  • 1.74%Tier 1 risk-based capital ratio
  • 2.90%Total risk-based capital ratio
  • Memoranda
  • $4Average assets
  • $41,595Average earning assets
  • $2,089Average equity
  • $37,404Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014098Pan American Bank3626 East First Street, Los Angeles, CA 90063July 01, 1971Full Service Brick and Mortar
    1248203Whittier-Vancouver Unit Branch4631 East Whittier Blvd., Los Angeles, CA 90022April 22, 1968Full Service Brick and Mortar
    2248204Santa Ana Main Branch1107 North Main Street, Santa Ana, CA 92702May 24, 1979Full Service Brick and Mortar

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