Professional Business Bank in Pasadena, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Professional Business Bank in Pasadena, California (CA)
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Professional Business Bank - Overview

  • General
  • FDIC Certificate #: 58674
    Status: Active
    Federal Reserve ID: 3843730
    Bank Holding Company (Regulatory Top Holder): Scj, Inc. (RSSDID: 3811467, Location: Irvine, CA)
    Date Established: March 09, 2009
    WWW: http://www.probizbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 462656
    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: Commercial Lending Specialization
    Date of Deposit Insurance: March 09, 2009
    Last Structure Change Effective Date: July 07, 2011
    Last Structure Change Process Date: July 07, 2011
    Last Data Update: July 07, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 2700 East Foothill Boulevard, Suite #200, Pasadena, CA 91107
    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: $239.5 mil
    Equity capital: $35.0 mil
    Deposits held in domestic offices: $201.2 mil
    Return on assets (ROA): 0.05% ($0.1 mil)
    Quarterly return on assets: 1.04% ($2.5 mil)
    Return on Equity (ROE): 0.41% ($0.1 mil)
    Quarterly return on equity: 7.35% ($2.6 mil)
    Net income: $0.1 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.05% ($119.7 mil)
    Quarterly Pretax return on assets: 1.04% ($2,490.3 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
  • 50Total employees (full-time equivalent)
  • $239,451Total assets
  • $49,327Cash and due from depository institutions
  • $42,708Interest-bearing balances
  • $9,460Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $166,571Net loans & leases
  • $2,165Loan loss allowance
  • $0Trading account assets
  • $4,201Bank premises and fixed assets
  • $3,581Other real estate owned
  • $1,948Goodwill and other intangibles
  • $239,451Life insurance assets
  • $4,363All other assets
  • $204,447Total liabilities and capital
  • $201,152Total liabilities
  • $130,964Total deposits
  • $201,152Interest-bearing deposits
  • $86Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,295Subordinated debt
  • $35,004All other liabilities
  • $35,004Total equity capital
  • $35,004Total bank equity capital
  • $0Perpetual preferred stock
  • $22,568Common stock
  • $17,172Surplus
  • $-4,736Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,840Income earned, not collected on loans
  • $60Earning assets
  • $675Long-term assets (5+ years)
  • $218,739Average Assets, year-to-date
  • $54,540Average Assets, quarterly
  • $270,547Volatile liabilities
  • $244,429Insider loans
  • $181,025FHLB advances
  • $243,504Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,835Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,799Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,908Total interest income
  • $800Total interest expense
  • $15,108Net interest income
  • $1,377Provision for loan and lease losses
  • $1,107Total noninterest income
  • $0Fiduciary activities
  • $615Service charges on deposit accounts
  • $0Trading account gains & fees
  • $492Additional noninterest income
  • $14,701Total noninterest expense
  • $6,772Salaries and employee benefits
  • $1,389Premises and equipment expense
  • $6,540Additional noninterest expense
  • $137Pre-tax net operating income
  • $0Securities gains (losses)
  • -$6Applicable income taxes
  • $143Income before extraordinary items
  • $0Extraordinary gains - net
  • $143Net income attributable to bank
  • $0Net charge-offs
  • $143Cash dividends
  • $390Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.42%Yield on earning assets
  • 0.32%Cost of funding earning assets
  • 6.10%Net interest margin
  • 0.45%Noninterest income to earning assets
  • 5.94%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.41%Return on equity (ROE)
  • 0.41%Retained earnings to average equity (YTD only)
  • 0.22%Net charge-offs to loans
  • 353.08%Credit loss provision to net charge-offs
  • 3.88%Efficiency ratio
  • 87,746Assets per employee
  • 4.79%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.28%Loss allowance to noncurrent loans
  • 31.65%Noncurrent assets plus other real estate owned to assets
  • 4.35%Noncurrent loans to loans
  • 4.05%Net loans and leases to deposits
  • 82.81%Net loans and leases to core deposits
  • 94.38%Equity capital to assets
  • 14.62%Core capital (leverage) ratio
  • 13.48%Tier 1 risk-based capital ratio
  • 18.14%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $270,547Average earning assets
  • $34,580Average equity
  • $247,651Average loans

List of branches

  • 4 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0462656Professional Business Bank2700 East Foothill Boulevard, Suite #200, Pasadena, CA 91107March 09, 2009Full Service Brick and Mortar
    2425115Glendale Branch250 North Orange Avenue, Glendale, CA 91203January 12, 2004Full Service Brick and Mortar
    4241706Montebello Office2417 West Whittier Blvd, Montebello, CA 90640January 02, 1998Full Service Brick and Mortar
    6515978East Pasadena Branch2700 East Foothill Boulevard, Pasadena, CA 91107December 31, 2010Full Service Brick and Mortar

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