FDIC Certificate #: 24810 Status: Inactive Closing history: Absorption - Without Assistance Acquiring institution:First Hawaiian Bank (#17985) Federal Reserve ID: 529163 Date Established: April 26, 1945 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 17208 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: November 21, 1983 Last Structure Change Effective Date: April 14, 2000 Last Structure Change Process Date: July 11, 2000 Last Data Update: July 11, 2000 Data Source Date: April 05, 2012
Location
Address: 715 South King Street, Honolulu, HI 96813 County: Honolulu Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Honolulu, HI (#3320) Core Based Statistical Area (CBSA): Honolulu, HI (#26180) CBSA Metro Statistical Area: Honolulu, HI (#26180)
Financial Summary
Total assets: $21.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
8Total employees (full-time equivalent)
$21,276Total assets
$4,653Cash and due from depository institutions
$4,281Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$15,208Net loans & leases
$534Loan loss allowance
$0Trading account assets
$31Bank premises and fixed assets
$678Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$706All other assets
$21,276Total liabilities and capital
$17,694Total liabilities
$17,651Total deposits
$17,648Interest-bearing deposits
$17,651Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$43All other liabilities
$3,582Total equity capital
$3,582Total bank equity capital
$3,582Perpetual preferred stock
$100Common stock
$739Surplus
$781Undivided profits
Memoranda
$1,962Noncurrent loans and leases
$1,626Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$3,006Earning assets
$0Long-term assets (5+ years)
$102Average Assets, year-to-date
$19,489Average Assets, quarterly
$2,558Volatile liabilities
$22,025Insider loans
$21,196FHLB advances
$1,002Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$1,626Total unused commitments
$66Restructured Loans and leases
$289Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$1,558Total interest income
$874Total interest expense
$684Net interest income
$551Provision for loan and lease losses
$2Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$2Additional noninterest income
$990Total noninterest expense
$246Salaries and employee benefits
$112Premises and equipment expense
$632Additional noninterest expense
-$855Pre-tax net operating income
$0Securities gains (losses)
-$341Applicable income taxes
-$514Income before extraordinary items
$0Extraordinary gains - net
-$514Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$236Sale, conversion, retirement of capital stock, net
$6Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.70%Yield on earning assets
4.32%Cost of funding earning assets
3.38%Net interest margin
0.01%Noninterest income to earning assets
4.89%Noninterest expense to earning assets
-2.33%Net operating income to assets
-2.33%Return on assets (ROA)
-3.88%Pretax return on assets
-13.60%Return on equity (ROE)
-13.75%Retained earnings to average equity (YTD only)
1.64%Net charge-offs to loans
233.47%Credit loss provision to net charge-offs
-1.29%Efficiency ratio
144,315Assets per employee
2.66%Cash dividends to net income (YTD only)
Condition Ratios (%)
-1.17%Loss allowance to loans
3.39%Loss allowance to noncurrent loans
17.76%Noncurrent assets plus other real estate owned to assets
17.32%Noncurrent loans to loans
19.10%Net loans and leases to deposits
86.16%Net loans and leases to core deposits
91.34%Equity capital to assets
16.84%Core capital (leverage) ratio
16.25%Tier 1 risk-based capital ratio
23.55%Total risk-based capital ratio
Memoranda
$26Average assets
$22,025Average earning assets
$3,781Average equity
$20,241Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Standard Financial Corp..
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: