FDIC Certificate #: 17433 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Professional Business Bank (#57148) Federal Reserve ID: 876465 Date Established: May 02, 1955 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 11426 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: May 02, 1955 Last Structure Change Effective Date: July 03, 2008 Last Structure Change Process Date: July 29, 2008 Last Data Update: July 29, 2008 Data Source Date: April 05, 2012
Location
Address: 15615 Alton Parkway, Irvine, CA 92618 County: Orange 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): Orange County, CA (#5945) 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: Santa Ana-Anaheim-Irvine, CA (#42044)
Financial Summary
Total assets: $177.7 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2007)
Dollar figures in thousands
38Total employees (full-time equivalent)
$156,772Total assets
$6,872Cash and due from depository institutions
$2,808Interest-bearing balances
$44,663Securities
$17,470Federal funds sold & reverse repurchase agreements
$79,056Net loans & leases
$1,436Loan loss allowance
$0Trading account assets
$2,826Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$3,122Life insurance assets
$5,885All other assets
$156,772Total liabilities and capital
$144,527Total liabilities
$143,428Total deposits
$101,780Interest-bearing deposits
$143,428Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$1,099All other liabilities
$12,245Total equity capital
$12,245Total bank equity capital
$12,245Perpetual preferred stock
$0Common stock
$8,200Surplus
$0Undivided profits
Memoranda
$4,045Noncurrent loans and leases
$8,568Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$123Earning assets
$0Long-term assets (5+ years)
$782Average Assets, year-to-date
$143,997Average Assets, quarterly
$14,816Volatile liabilities
$162,474Insider loans
$160,239FHLB advances
$39,183Loans and leases held for sale
$1,833Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,568Total unused commitments
$0Restructured Loans and leases
$1,270Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$9,494Total interest income
$3,940Total interest expense
$5,554Net interest income
$870Provision for loan and lease losses
$1,693Total noninterest income
$0Fiduciary activities
$561Service charges on deposit accounts
$0Trading account gains & fees
$1,132Additional noninterest income
$5,802Total noninterest expense
$3,190Salaries and employee benefits
$881Premises and equipment expense
$1,731Additional noninterest expense
$575Pre-tax net operating income
$0Securities gains (losses)
$80Applicable income taxes
$495Income before extraordinary items
$0Extraordinary gains - net
$495Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$232Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.42%Yield on earning assets
2.66%Cost of funding earning assets
3.75%Net interest margin
1.14%Noninterest income to earning assets
3.92%Noninterest expense to earning assets
0.30%Net operating income to assets
0.30%Return on assets (ROA)
0.35%Pretax return on assets
4.05%Return on equity (ROE)
4.05%Retained earnings to average equity (YTD only)
0.30%Net charge-offs to loans
375.00%Credit loss provision to net charge-offs
6.23%Efficiency ratio
80,061Assets per employee
4.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.78%Loss allowance to noncurrent loans
1167.48%Noncurrent assets plus other real estate owned to assets
0.08%Noncurrent loans to loans
0.15%Net loans and leases to deposits
55.12%Net loans and leases to core deposits
75.84%Equity capital to assets
7.81%Core capital (leverage) ratio
7.58%Tier 1 risk-based capital ratio
12.07%Total risk-based capital ratio
Memoranda
$13Average assets
$162,474Average earning assets
$12,232Average equity
$147,956Average loans
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