Royal Business Bank in Los Angeles, California (CA), NV



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Royal Business Bank
GeneralFDIC Certificate #: 58816
Status: Active
Federal Reserve ID: 3835454
Bank Holding Company (Regulatory Top Holder): Rbb Bancorp (RSSDID: 4176855, Location: Los Angeles, CA)
Date Established: November 18, 2008
WWW: http://www.royalbusinessbank.usa.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 9 (Domestic: 9, Interstate: Yes)
FDIC's unique #: 469176
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: November 18, 2008
Last Structure Change Effective Date: September 24, 2011
Last Structure Change Process Date: September 28, 2011
Last Data Update: September 28, 2011
Data Source Date: April 05, 2012
LocationAddress: 660 S. Figueroa Street, Suite 1888, Los Angeles, CA 90017
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 ChangesParticipated in Absorption/Consolidation/Merger
Financial SummaryTotal assets: $502.4 mil
Equity capital: $71.5 mil
Deposits held in domestic offices: $427.6 mil
Return on assets (ROA): 2.12% ($10.6 mil)
Quarterly return on assets: 3.73% ($18.7 mil)
Return on Equity (ROE): 12.13% ($8.7 mil)
Quarterly return on equity: 25.53% ($18.4 mil)
Net income: $8.0 mil
Quarterly Net income: $4.4 mil
Pretax return on assets: 1.20% ($6,028.4 mil)
Quarterly Pretax return on assets: 0.83% ($4,169.6 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)
Total employees (full-time equivalent)81
Total assets$502,366
Cash and due from depository institutions$60,636
Interest-bearing balances$54,640
Securities$95,092
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$328,242
Loan loss allowance $5,060
Trading account assets$0
Bank premises and fixed assets$3,337
Other real estate owned$2,267
Goodwill and other intangibles$859
All other assets$11,933
Life insurance assets$502,366
Total liabilities and capital$430,843
Total liabilities$427,551
Total deposits$370,866
Interest-bearing deposits$427,551
Deposits held in domestic offices$73
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $3,292
All other liabilities $71,523
Total equity capital$71,523
Total bank equity capital$71,523
Perpetual preferred stock$0
Common stock$71,164
Surplus$3,574
Undivided profits $-3,215
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $283
Income earned, not collected on loans $5,029
Earning assets $0
Long-term assets (5+ years) $1,610
Average Assets, year-to-date $477,974
Average Assets, quarterly $86,843
Volatile liabilities $375,869
Insider loans $474,784
FHLB advances $337,619
Loans and leases held for sale $463,203
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $64,763
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $74,559
Derivatives$20,200
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $17,610
Total interest expense $3,270
Net interest income $14,340
Provision for loan and lease losses $1,430
Total noninterest income $3,817
Fiduciary activities $0
Service charges on deposit accounts $183
Trading account gains & fees $0
Additional noninterest income $3,634
Total noninterest expense $12,432
Salaries and employee benefits $6,607
Premises and equipment expense $1,849
Additional noninterest expense $3,976
Pre-tax net operating income $4,295
Securities gains (losses) $218
Applicable income taxes -$3,440
Income before extraordinary items $7,953
Extraordinary gains - net $0
Net income attributable to bank $7,953
Net charge-offs $0
Cash dividends $7,953
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.86%
Cost of funding earning assets 0.90%
Net interest margin 3.96%
Noninterest income to earning assets 1.05%
Noninterest expense to earning assets 3.43%
Net operating income to assets 2.06%
Return on assets (ROA) 2.12%
Pretax return on assets 1.20%
Return on equity (ROE) 12.13%
Retained earnings to average equity (YTD only) 12.13%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 0.00%
Efficiency ratio0.00%
Assets per employee$68,469
Cash dividends to net income (YTD only)6.20%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.52%
Noncurrent assets plus other real estate owned to assets 100.62%
Noncurrent loans to loans 1.45%
Net loans and leases to deposits1.51%
Net loans and leases to core deposits 76.77%
Equity capital to assets 112.86%
Core capital (leverage) ratio 14.24%
Tier 1 risk-based capital ratio 13.98%
Total risk-based capital ratio 19.18%
Memoranda
Average assets$20
Average earning assets$375,869
Average equity $65,577
Average loans $362,067
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7 California Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0469176Royal Business Bank660 S. Figueroa Street, Suite 1888, Los Angeles, CA 90017November 18, 2008Full Service Brick and Mortar
1493159San Gabriel Branch123 East Valley Boulevard Suite 101, San Gabriel, CA 91776June 26, 2009Full Service Brick and Mortar
2510782Torrance Branch23740 Hawthorne Blvd. Suite 103, Torrance, CA 90505March 18, 2010Full Service Brick and Mortar
3521466Rowland Heights Branch1015 S. Nogales Street, Unit 121 & 122a, Rowland Heights, CA 91748July 11, 2011Full Service Brick and Mortar
6363664Ventura County Business Bank Branch366 W. Esplanade Drive, Oxnard, CA 93036April 02, 2003Full Service Brick and Mortar
7418531Hampshire Road Branch600 Hampshire Road, Suite 100, Westlake Village, CA 91361April 02, 2003Full Service Brick and Mortar
8426731Ventura366 Esplanade Drive, Ventura, CA 93003April 02, 2003Limited Service Messenger
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2 Nevada Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
4454573First Asian Bank Branch2610 S Jones Blvd, Las Vegas, NV 89146June 06, 2007Full Service Brick and Mortar
5467932Nevada Branch3919 Spring Mountain Road, Las Vegas, NV 89102September 06, 2007Full Service Brick and Mortar
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