Tamalpais Bank in San Rafael, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 16, 2010

  • Tamalpais Bank in San Rafael, California (CA)
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Tamalpais Bank - Overview

  • General
  • FDIC Certificate #: 33493
    Status: Inactive
    Closing history: Absorption - Assisted
    Acquiring institution: Union Bank, National Association (#22826)
    Federal Reserve ID: 1890598
    Date Established: August 29, 1991
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    OTS Docket #: 13093
    FDIC's unique #: 47217
    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: August 29, 1991
    Last Structure Change Effective Date: April 16, 2010
    Last Structure Change Process Date: April 19, 2010
    Last Data Update: April 19, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 851 Irwin Street, Suite 100, San Rafael, CA 94901
    County: Marin
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Francisco, CA (#7360)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860)
    CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860)
    Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
  • Financial Summary
  • Total assets: $611.5 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, 2009)

  • Dollar figures in thousands
  • 69Total employees (full-time equivalent)
  • $628,903Total assets
  • $14,365Cash and due from depository institutions
  • $10,334Interest-bearing balances
  • $56,759Securities
  • $15,002Federal funds sold & reverse repurchase agreements
  • $495,637Net loans & leases
  • $23,098Loan loss allowance
  • $0Trading account assets
  • $3,217Bank premises and fixed assets
  • $3,587Other real estate owned
  • $171Goodwill and other intangibles
  • $11,195Life insurance assets
  • $40,165All other assets
  • $628,903Total liabilities and capital
  • $610,094Total liabilities
  • $487,582Total deposits
  • $443,855Interest-bearing deposits
  • $487,582Deposits held in domestic offices
  • 87.04%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $119,085Other borrowed funds
  • $0Subordinated debt
  • $3,427All other liabilities
  • $18,809Total equity capital
  • $18,809Total bank equity capital
  • $18,809Perpetual preferred stock
  • $0Common stock
  • $2,080Surplus
  • $28,052Undivided profits
  • Memoranda
  • $-11,323Noncurrent loans and leases
  • $50,546Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $43,359Earning assets
  • $1,314Long-term assets (5+ years)
  • $3,205Average Assets, year-to-date
  • $577,732Average Assets, quarterly
  • $50,493Volatile liabilities
  • $684,984Insider loans
  • $661,572FHLB advances
  • $127,451Loans and leases held for sale
  • $770Unused loan commitments
  • $119,085Tier 1 (core) risk-based capital
  • $13,000Tier 2 risk-based capital
  • $59,985Total risk weighted assets
  • $50,546Total unused commitments
  • $0Restructured Loans and leases
  • $6,664Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $40,034Total interest income
  • $16,046Total interest expense
  • $23,988Net interest income
  • $50,846Provision for loan and lease losses
  • -$102Total noninterest income
  • $0Fiduciary activities
  • $444Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$546Additional noninterest income
  • $17,141Total noninterest expense
  • $7,171Salaries and employee benefits
  • $2,091Premises and equipment expense
  • $7,879Additional noninterest expense
  • -$44,101Pre-tax net operating income
  • $825Securities gains (losses)
  • -$7,079Applicable income taxes
  • -$36,197Income before extraordinary items
  • $0Extraordinary gains - net
  • -$36,197Net income attributable to bank
  • $0Net charge-offs
  • -$36,197Cash dividends
  • $35,841Sale, conversion, retirement of capital stock, net
  • $897Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.30%Yield on earning assets
  • 2.52%Cost of funding earning assets
  • 3.77%Net interest margin
  • -0.02%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • -5.39%Net operating income to assets
  • -5.28%Return on assets (ROA)
  • -6.32%Pretax return on assets
  • -79.09%Return on equity (ROE)
  • -81.05%Retained earnings to average equity (YTD only)
  • 6.24%Net charge-offs to loans
  • 141.87%Credit loss provision to net charge-offs
  • 0.19%Efficiency ratio
  • 71,762Assets per employee
  • 9.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • -2.48%Loss allowance to loans
  • 4.45%Loss allowance to noncurrent loans
  • 53.27%Noncurrent assets plus other real estate owned to assets
  • 7.46%Noncurrent loans to loans
  • 8.36%Net loans and leases to deposits
  • 101.65%Net loans and leases to core deposits
  • 122.62%Equity capital to assets
  • 2.99%Core capital (leverage) ratio
  • 2.73%Tier 1 risk-based capital ratio
  • 3.58%Total risk-based capital ratio
  • Memoranda
  • $5Average assets
  • $684,984Average earning assets
  • $45,767Average equity
  • $635,849Average loans

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