Southland Business Bank in Irwindale, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 04, 2003

  • Southland Business Bank in Irwindale, California (CA)
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Southland Business Bank - Overview

  • General
  • FDIC Certificate #: 35287
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Vineyard Bank, National Association (#23556)
    Federal Reserve ID: 2907448
    Date Established: April 26, 2000
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 77676
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: April 26, 2000
    Last Structure Change Effective Date: July 04, 2003
    Last Structure Change Process Date: August 27, 2003
    Last Data Update: August 27, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 16008 Foothill Boulevard, Irwindale, CA 91706
    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)
  • Financial Summary
  • Total assets: $33.7 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, 2002)

  • Dollar figures in thousands
  • 12Total employees (full-time equivalent)
  • $34,485Total assets
  • $4,724Cash and due from depository institutions
  • $999Interest-bearing balances
  • $1,562Securities
  • $3,955Federal funds sold & reverse repurchase agreements
  • $23,261Net loans & leases
  • $385Loan loss allowance
  • $0Trading account assets
  • $686Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $297All other assets
  • $34,485Total liabilities and capital
  • $31,805Total liabilities
  • $31,397Total deposits
  • $21,008Interest-bearing deposits
  • $31,397Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $77Other borrowed funds
  • $0Subordinated debt
  • $331All other liabilities
  • $2,680Total equity capital
  • $2,680Total bank equity capital
  • $2,680Perpetual preferred stock
  • $0Common stock
  • $5,218Surplus
  • $0Undivided profits
  • Memoranda
  • $-2,538Noncurrent loans and leases
  • $3,223Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $97Average Assets, year-to-date
  • $29,777Average Assets, quarterly
  • $2,831Volatile liabilities
  • $32,853Insider loans
  • $35,419FHLB advances
  • $4,562Loans and leases held for sale
  • $1,674Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,223Total unused commitments
  • $0Restructured Loans and leases
  • $328Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $1,743Total interest income
  • $541Total interest expense
  • $1,202Net interest income
  • $135Provision for loan and lease losses
  • $182Total noninterest income
  • $0Fiduciary activities
  • $121Service charges on deposit accounts
  • $0Trading account gains & fees
  • $61Additional noninterest income
  • $1,685Total noninterest expense
  • $673Salaries and employee benefits
  • $276Premises and equipment expense
  • $736Additional noninterest expense
  • -$436Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$436Income before extraordinary items
  • $0Extraordinary gains - net
  • -$436Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.02%Yield on earning assets
  • 1.87%Cost of funding earning assets
  • 4.15%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 5.82%Noninterest expense to earning assets
  • -1.33%Net operating income to assets
  • -1.33%Return on assets (ROA)
  • -1.33%Pretax return on assets
  • -15.93%Return on equity (ROE)
  • -15.93%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 121,749Assets per employee
  • 2.87%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.63%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 74.09%Net loans and leases to core deposits
  • 86.68%Equity capital to assets
  • 7.77%Core capital (leverage) ratio
  • 7.30%Tier 1 risk-based capital ratio
  • 10.27%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $32,853Average earning assets
  • $2,738Average equity
  • $28,938Average loans

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