Quaker City Bank in Whittier, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 01, 2004

  • Quaker City Bank in Whittier, California (CA)
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Quaker City Bank - Overview

  • General
  • FDIC Certificate #: 28272
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Banco Popular North America (#34967)
    Federal Reserve ID: 890470
    Date Established: January 01, 1920
    WWW: http://www.quakercitybank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 1275
    FDIC's unique #: 41106
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: November 19, 1936
    Last Structure Change Effective Date: September 01, 2004
    Last Structure Change Process Date: October 15, 2004
    Last Data Update: October 15, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 7021 Greenleaf Ave, Whittier, CA 90608
    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
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $1,871.5 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
  • 282Total employees (full-time equivalent)
  • $1,755,885Total assets
  • $33,428Cash and due from depository institutions
  • $930Interest-bearing balances
  • $310,215Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,367,247Net loans & leases
  • $11,676Loan loss allowance
  • $0Trading account assets
  • $7,410Bank premises and fixed assets
  • $0Other real estate owned
  • $1,411Goodwill and other intangibles
  • $0Life insurance assets
  • $36,174All other assets
  • $1,755,885Total liabilities and capital
  • $1,617,731Total liabilities
  • $1,129,614Total deposits
  • $1,129,614Interest-bearing deposits
  • $1,129,614Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $476,000Other borrowed funds
  • $0Subordinated debt
  • $12,117All other liabilities
  • $138,154Total equity capital
  • $138,154Total bank equity capital
  • $138,154Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $18,434Undivided profits
  • Memoranda
  • $119,719Noncurrent loans and leases
  • $80,332Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,304Earning assets
  • $0Long-term assets (5+ years)
  • $5,998Average Assets, year-to-date
  • $1,678,392Average Assets, quarterly
  • $0Volatile liabilities
  • $1,632,993Insider loans
  • $1,699,377FHLB advances
  • $852,501Loans and leases held for sale
  • $352Unused loan commitments
  • $476,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $80,332Total unused commitments
  • $943Restructured Loans and leases
  • $11,676Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $93,701Total interest income
  • $36,669Total interest expense
  • $57,032Net interest income
  • $214Provision for loan and lease losses
  • $10,205Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $10,205Additional noninterest income
  • $29,757Total noninterest expense
  • $16,801Salaries and employee benefits
  • $5,364Premises and equipment expense
  • $7,592Additional noninterest expense
  • $37,266Pre-tax net operating income
  • $2,548Securities gains (losses)
  • $17,243Applicable income taxes
  • $22,571Income before extraordinary items
  • $0Extraordinary gains - net
  • $22,571Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $36Sale, conversion, retirement of capital stock, net
  • $13,000Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.99%Yield on earning assets
  • 2.35%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.65%Noninterest income to earning assets
  • 1.90%Noninterest expense to earning assets
  • 1.28%Net operating income to assets
  • 1.38%Return on assets (ROA)
  • 2.44%Pretax return on assets
  • 16.81%Return on equity (ROE)
  • 7.13%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 594.44%Credit loss provision to net charge-offs
  • 1041.11%Efficiency ratio
  • 44,086Assets per employee
  • 6.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 57.60%Loss allowance to loans
  • 0.85%Loss allowance to noncurrent loans
  • 353.39%Noncurrent assets plus other real estate owned to assets
  • 0.19%Noncurrent loans to loans
  • 0.24%Net loans and leases to deposits
  • 121.04%Net loans and leases to core deposits
  • 181.55%Equity capital to assets
  • 7.87%Core capital (leverage) ratio
  • 7.84%Tier 1 risk-based capital ratio
  • 12.13%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,632,993Average earning assets
  • $134,265Average equity
  • $1,563,526Average loans

Total Fiduciary and Related Assets (December 31, 2002)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $134,971Managed Assets
  • 1Number of Accounts
  • $108,562Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $4,470Other retirement accounts
  • $104,092Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 5737Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $26,409Other retirement accounts
  • $0Corporate trust and agency accounts
  • $16,462Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

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