Peninsula Bank of Commerce in Millbrae, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 02, 2004

  • Peninsula Bank of Commerce in Millbrae, California (CA)
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Peninsula Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 23543
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Greater Bay Bank, National Association (#27068)
    Federal Reserve ID: 16766
    Date Established: September 25, 1981
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 16487
    Numeric code: 13
    Regulator: FED
    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: September 25, 1981
    Last Structure Change Effective Date: Febuary 02, 2004
    Last Structure Change Process Date: Febuary 19, 2004
    Last Data Update: Febuary 19, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 1001 Broadway, Millbrae, CA 94030
    County: San Mateo
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Francisco, CA (#7360)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
  • Financial Summary
  • Total assets: $394.6 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, 2003)

  • Dollar figures in thousands
  • 19Total employees (full-time equivalent)
  • $394,628Total assets
  • $11,416Cash and due from depository institutions
  • $226Interest-bearing balances
  • $166,599Securities
  • $1,000Federal funds sold & reverse repurchase agreements
  • $192,668Net loans & leases
  • $5,301Loan loss allowance
  • $0Trading account assets
  • $1,825Bank premises and fixed assets
  • $0Other real estate owned
  • $15Goodwill and other intangibles
  • $0Life insurance assets
  • $21,105All other assets
  • $394,628Total liabilities and capital
  • $354,921Total liabilities
  • $261,536Total deposits
  • $245,680Interest-bearing deposits
  • $261,536Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $80,000Other borrowed funds
  • $0Subordinated debt
  • $13,385All other liabilities
  • $39,707Total equity capital
  • $39,707Total bank equity capital
  • $39,707Perpetual preferred stock
  • $0Common stock
  • $7,576Surplus
  • $5,250Undivided profits
  • Memoranda
  • $26,881Noncurrent loans and leases
  • $72,210Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,480Earning assets
  • $0Long-term assets (5+ years)
  • $1,660Average Assets, year-to-date
  • $360,493Average Assets, quarterly
  • $102,327Volatile liabilities
  • $464,037Insider loans
  • $407,466FHLB advances
  • $145,011Loans and leases held for sale
  • $1,911Unused loan commitments
  • $80,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $505Total risk weighted assets
  • $72,210Total unused commitments
  • $0Restructured Loans and leases
  • $3,340Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $23,629Total interest income
  • $5,699Total interest expense
  • $17,930Net interest income
  • -$13Provision for loan and lease losses
  • $1,117Total noninterest income
  • $0Fiduciary activities
  • $297Service charges on deposit accounts
  • $0Trading account gains & fees
  • $820Additional noninterest income
  • $7,396Total noninterest expense
  • $1,221Salaries and employee benefits
  • $157Premises and equipment expense
  • $6,018Additional noninterest expense
  • $11,664Pre-tax net operating income
  • $219Securities gains (losses)
  • $4,462Applicable income taxes
  • $7,421Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,421Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,348Sale, conversion, retirement of capital stock, net
  • $1,857Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.49%Yield on earning assets
  • 1.32%Cost of funding earning assets
  • 4.17%Net interest margin
  • 0.26%Noninterest income to earning assets
  • 1.72%Noninterest expense to earning assets
  • 1.57%Net operating income to assets
  • 1.60%Return on assets (ROA)
  • 2.56%Pretax return on assets
  • 19.42%Return on equity (ROE)
  • 14.56%Retained earnings to average equity (YTD only)
  • 0.65%Net charge-offs to loans
  • -0.96%Credit loss provision to net charge-offs
  • 8.64%Efficiency ratio
  • 38,830Assets per employee
  • 20.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 25.02%Loss allowance to loans
  • 2.68%Loss allowance to noncurrent loans
  • 358.18%Noncurrent assets plus other real estate owned to assets
  • 0.38%Noncurrent loans to loans
  • 0.75%Net loans and leases to deposits
  • 73.67%Net loans and leases to core deposits
  • 103.29%Equity capital to assets
  • 10.06%Core capital (leverage) ratio
  • 10.93%Tier 1 risk-based capital ratio
  • 17.57%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $464,037Average earning assets
  • $38,207Average equity
  • $430,321Average loans

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