San Diego Trust Bank in San Diego, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


San Diego Trust Bank - Overview

  • General
  • FDIC Certificate #: 57608
    Status: Active
    Federal Reserve ID: 3219214
    Date Established: October 30, 2003
    WWW: http://www.sandiegotrust.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 418418
    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: Other Specialized Lending < 1 Billion
    Date of Deposit Insurance: October 30, 2003
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 2550 Fifth Avenue, San Diego, CA 92103
    County: San Diego
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $213.5 mil
    Equity capital: $22.7 mil
    Deposits held in domestic offices: $168.5 mil
    Return on assets (ROA): 0.78% ($1.7 mil)
    Quarterly return on assets: 1.29% ($2.7 mil)
    Return on Equity (ROE): 8.13% ($1.9 mil)
    Quarterly return on equity: 12.50% ($2.9 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.7 mil
    Pretax return on assets: 0.90% ($1,921.3 mil)
    Quarterly Pretax return on assets: 1.59% ($3,394.2 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
  • 26Total employees (full-time equivalent)
  • $213,474Total assets
  • $33,875Cash and due from depository institutions
  • $30,341Interest-bearing balances
  • $130,793Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $38,201Net loans & leases
  • $1,463Loan loss allowance
  • $0Trading account assets
  • $1,685Bank premises and fixed assets
  • $752Other real estate owned
  • $0Goodwill and other intangibles
  • $213,474Life insurance assets
  • $8,168All other assets
  • $190,733Total liabilities and capital
  • $168,505Total liabilities
  • $115,506Total deposits
  • $168,505Interest-bearing deposits
  • $73Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $20,000Trading liabilities
  • $0Other borrowed funds
  • $2,228Subordinated debt
  • $22,741All other liabilities
  • $22,741Total equity capital
  • $22,741Total bank equity capital
  • $0Perpetual preferred stock
  • $14,428Common stock
  • $1,088Surplus
  • $7,225Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $1,092Long-term assets (5+ years)
  • $199,335Average Assets, year-to-date
  • $126,580Average Assets, quarterly
  • $206,840Volatile liabilities
  • $213,377Insider loans
  • $75,329FHLB advances
  • $208,600Loans and leases held for sale
  • $5,535Unused loan commitments
  • $4,513Tier 1 (core) risk-based capital
  • $19,278Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,022Total unused commitments
  • $5,468Restructured Loans and leases
  • $2,861Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,191Total interest income
  • $686Total interest expense
  • $6,505Net interest income
  • -$273Provision for loan and lease losses
  • $436Total noninterest income
  • $0Fiduciary activities
  • $132Service charges on deposit accounts
  • $0Trading account gains & fees
  • $304Additional noninterest income
  • $5,574Total noninterest expense
  • $3,017Salaries and employee benefits
  • $1,097Premises and equipment expense
  • $1,460Additional noninterest expense
  • $1,640Pre-tax net operating income
  • $227Securities gains (losses)
  • $257Applicable income taxes
  • $1,610Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,610Net income attributable to bank
  • $0Net charge-offs
  • $1,610Cash dividends
  • -$273Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.73%Yield on earning assets
  • 0.36%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.23%Noninterest income to earning assets
  • 2.89%Noninterest expense to earning assets
  • 0.68%Net operating income to assets
  • 0.78%Return on assets (ROA)
  • 0.90%Pretax return on assets
  • 8.13%Return on equity (ROE)
  • 8.13%Retained earnings to average equity (YTD only)
  • -0.64%Net charge-offs to loans
  • 100.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 80,305Assets per employee
  • 8.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.69%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.35%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 22.67%Net loans and leases to core deposits
  • 23.76%Equity capital to assets
  • 10.65%Core capital (leverage) ratio
  • 9.24%Tier 1 risk-based capital ratio
  • 25.59%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $206,840Average earning assets
  • $19,809Average equity
  • $192,909Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0418418San Diego Trust Bank2550 Fifth Avenue, San Diego, CA 92103October 30, 2003Full Service Brick and Mortar
    1478790Encinitas Branch781 Garden View Court, Suite 100, Encinitas, CA 92024October 15, 2007Full Service Brick and Mortar
    2513844Point Loma Regional Banking Center1110 Rosecrans Street, Suite 101, San Diego, CA 92106August 18, 2010Full Service Brick and Mortar

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