Sacramento Savings Bank in Sacramento, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 01, 1994

  • Sacramento Savings Bank in Sacramento, California (CA)
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Sacramento Savings Bank - Overview

  • General
  • FDIC Certificate #: 30678
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Interstate Bank of California (#1226)
    Federal Reserve ID: 484477
    Date Established: January 01, 1924
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5735
    FDIC's unique #: 43512
    Numeric code: 35
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: Yes
    Date of Deposit Insurance: Febuary 23, 1954
    Last Structure Change Effective Date: November 01, 1994
    Last Structure Change Process Date: November 17, 1994
    Last Data Update: September 26, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 424 L St, Sacramento, CA 95814
    County: Sacramento
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Sacramento
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Sacramento, CA (#6920)
    Consolidated Metropolitan Statistical Area (CMSA): Sacramento-Yolo, CA (#82)
    Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
    Core Based Statistical Area (CBSA): Sacramento-Arden-Arcade-Roseville, CA (#40900)
    CBSA Metro Statistical Area: Sacramento-Arden-Arcade-Roseville, CA (#40900)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $2,964.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $820Total assets
  • $3,016,324Cash and due from depository institutions
  • $135,315Interest-bearing balances
  • $2Securities
  • $634,911Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $2,079,838Loan loss allowance
  • $23,573Trading account assets
  • $0Bank premises and fixed assets
  • $52,710Other real estate owned
  • $58,795Goodwill and other intangibles
  • $38,561Life insurance assets
  • $16,194All other assets
  • $0Total liabilities and capital
  • $3,016,324Total liabilities
  • $2,839,075Total deposits
  • $2,773,965Interest-bearing deposits
  • $2,732,848Deposits held in domestic offices
  • 2773965.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $50,091Trading liabilities
  • $0Other borrowed funds
  • $1,635Subordinated debt
  • $0All other liabilities
  • $13,384Total equity capital
  • $13,384Total bank equity capital
  • $177,249Perpetual preferred stock
  • $0Common stock
  • $180Surplus
  • $151,420Undivided profits
  • Memoranda
  • $25,649Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $54,804Income earned, not collected on loans
  • $12,338Earning assets
  • $2,714,751Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,895,081Average Assets, quarterly
  • $2,939,541Volatile liabilities
  • $640,261Insider loans
  • $1,155FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $121,358Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $157,899Total risk weighted assets
  • $1,641,840Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $197,279Total interest expense
  • $114,493Net interest income
  • $82,786Provision for loan and lease losses
  • $5,532Total noninterest income
  • $9,799Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $9,799Total noninterest expense
  • $62,015Salaries and employee benefits
  • $27,289Premises and equipment expense
  • $10,309Additional noninterest expense
  • $24,417Pre-tax net operating income
  • $25,038Securities gains (losses)
  • $3,907Applicable income taxes
  • $12,426Income before extraordinary items
  • $16,519Extraordinary gains - net
  • $0Net income attributable to bank
  • $16,519Net charge-offs
  • $6,405Cash dividends
  • $9,596Sale, conversion, retirement of capital stock, net
  • $3,500Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.53%Cost of funding earning assets
  • 4.37%Net interest margin
  • 3.16%Noninterest income to earning assets
  • 0.37%Noninterest expense to earning assets
  • 2.37%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.57%Pretax return on assets
  • 1.00%Return on equity (ROE)
  • 8.97%Retained earnings to average equity (YTD only)
  • 3.76%Net charge-offs to loans
  • 0.30%Credit loss provision to net charge-offs
  • 86.37%Efficiency ratio
  • 65,992Assets per employee
  • 3.68%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 58.09%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 43.01%Noncurrent assets plus other real estate owned to assets
  • 3.28%Noncurrent loans to loans
  • 2.61%Net loans and leases to deposits
  • 74.98%Net loans and leases to core deposits
  • 95.17%Equity capital to assets
  • 5.88%Core capital (leverage) ratio
  • 5.27%Tier 1 risk-based capital ratio
  • 9.62%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $2,895,081Average earning assets
  • $184,181Average equity
  • $2,619,370Average loans

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