FDIC Certificate #: 57236 Status: Active Federal Reserve ID: 3109584 Bank Holding Company (Regulatory Top Holder): Regal Financial Bancorp, Inc. (RSSDID: 3267653, Location: Seattle, WA) Date Established: April 18, 2002 WWW:http://www.regalfinancialbank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 359854 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: April 18, 2002 Last Structure Change Effective Date: May 19, 2010 Last Structure Change Process Date: May 19, 2010 Last Data Update: May 19, 2010 Data Source Date: April 05, 2012
Location
Address: 925 Fourth Avenue, Suite 100, Seattle, WA 98104 County: King Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Seattle Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Seattle-Bellevue-Everett, WA (#7600) Consolidated Metropolitan Statistical Area (CMSA): Seattle-Tacoma-Bremerton, WA (#91) Combined Statistical Area (CSA): Seattle-Tacoma-Olympia, WA (#500) Core Based Statistical Area (CBSA): Seattle-Tacoma-Bellevue, WA (#42660) CBSA Metro Statistical Area: Seattle-Tacoma-Bellevue, WA (#42660) Core Based Statistical Division: Seattle-Bellevue-Everett, WA (#42644)
Financial Summary
Total assets: $102.6 mil Equity capital: $6.1 mil Deposits held in domestic offices: $96.0 mil Return on assets (ROA): -3.32% (-$3.4 mil) Quarterly return on assets: -5.18% (-$5.3 mil) Return on Equity (ROE): -70.53% (-$4.2 mil) Quarterly return on equity: -95.37% (-$5.7 mil) Net income: -$3.6 mil Quarterly Net income: -$1.4 mil Pretax return on assets: -3.32% (-$3,407.3 mil) Quarterly Pretax return on assets: -5.18% (-$5,316.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
18Total employees (full-time equivalent)
$102,631Total assets
$24,289Cash and due from depository institutions
$22,744Interest-bearing balances
$4,214Securities
$0Federal funds sold & reverse repurchase agreements
$67,334Net loans & leases
$2,461Loan loss allowance
$0Trading account assets
$216Bank premises and fixed assets
$4,641Other real estate owned
$0Goodwill and other intangibles
$102,631Life insurance assets
$1,937All other assets
$96,528Total liabilities and capital
$95,957Total liabilities
$88,013Total deposits
$95,957Interest-bearing deposits
$91Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$571Subordinated debt
$6,103All other liabilities
$6,103Total equity capital
$6,103Total bank equity capital
$0Perpetual preferred stock
$27,732Common stock
$0Surplus
$-21,629Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$4,418Income earned, not collected on loans
$0Earning assets
$207Long-term assets (5+ years)
$94,292Average Assets, year-to-date
$18,399Average Assets, quarterly
$107,227Volatile liabilities
$104,823Insider loans
$69,567FHLB advances
$106,529Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$5,915Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$2,409Restructured Loans and leases
$2,438Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,661Total interest income
$1,236Total interest expense
$3,425Net interest income
$1,859Provision for loan and lease losses
-$529Total noninterest income
$0Fiduciary activities
$17Service charges on deposit accounts
$0Trading account gains & fees
-$546Additional noninterest income
$4,593Total noninterest expense
$2,094Salaries and employee benefits
$639Premises and equipment expense
$1,860Additional noninterest expense
-$3,556Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$3,556Income before extraordinary items
$0Extraordinary gains - net
-$3,556Net income attributable to bank
$0Net charge-offs
-$3,556Cash dividends
$2,441Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.81%Yield on earning assets
1.28%Cost of funding earning assets
3.53%Net interest margin
-0.55%Noninterest income to earning assets
4.74%Noninterest expense to earning assets
-3.32%Net operating income to assets
-3.32%Return on assets (ROA)
-3.32%Pretax return on assets
-70.53%Return on equity (ROE)
-70.53%Retained earnings to average equity (YTD only)
3.07%Net charge-offs to loans
76.16%Credit loss provision to net charge-offs
-0.70%Efficiency ratio
158,598Assets per employee
5.70%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.53%Loss allowance to noncurrent loans
55.70%Noncurrent assets plus other real estate owned to assets
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