FDIC Certificate #: 18825 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:UNITED CALIFORNIA BANK (#20589) Federal Reserve ID: 930563 Date Established: July 08, 1963 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 12 (Interstate: No) FDIC's unique #: 12682 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: July 08, 1963 Last Structure Change Effective Date: July 02, 2001 Last Structure Change Process Date: August 24, 2001 Last Data Update: August 24, 2001 Data Source Date: April 05, 2012
Location
Address: 300 South Grand Avenue, Los Angeles, CA 90071 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: $1,854.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
404Total employees (full-time equivalent)
$1,912,623Total assets
$60,716Cash and due from depository institutions
$200Interest-bearing balances
$104,634Securities
$34,085Federal funds sold & reverse repurchase agreements
$1,674,213Net loans & leases
$30,947Loan loss allowance
$0Trading account assets
$6,908Bank premises and fixed assets
$1,669Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$30,398All other assets
$1,912,623Total liabilities and capital
$1,707,792Total liabilities
$1,520,474Total deposits
$1,194,984Interest-bearing deposits
$1,520,474Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$159,009Other borrowed funds
$0Subordinated debt
$28,309All other liabilities
$204,831Total equity capital
$204,831Total bank equity capital
$204,831Perpetual preferred stock
$0Common stock
$116,317Surplus
$0Undivided profits
Memoranda
$88,514Noncurrent loans and leases
$577,820Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$4,192Earning assets
$0Long-term assets (5+ years)
$11,219Average Assets, year-to-date
$1,813,132Average Assets, quarterly
$192,053Volatile liabilities
$1,982,825Insider loans
$1,953,606FHLB advances
$743,464Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$21,370Tier 2 risk-based capital
$0Total risk weighted assets
$577,820Total unused commitments
$0Restructured Loans and leases
$25,135Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$177,392Total interest income
$88,051Total interest expense
$89,341Net interest income
-$70Provision for loan and lease losses
$6,625Total noninterest income
$0Fiduciary activities
$1,877Service charges on deposit accounts
$0Trading account gains & fees
$4,748Additional noninterest income
$49,963Total noninterest expense
$27,669Salaries and employee benefits
$7,504Premises and equipment expense
$14,790Additional noninterest expense
$46,073Pre-tax net operating income
$0Securities gains (losses)
$17,842Applicable income taxes
$28,231Income before extraordinary items
$0Extraordinary gains - net
$28,231Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$376Sale, conversion, retirement of capital stock, net
$11,000Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.45%Yield on earning assets
4.69%Cost of funding earning assets
4.76%Net interest margin
0.35%Noninterest income to earning assets
2.66%Noninterest expense to earning assets
1.42%Net operating income to assets
1.42%Return on assets (ROA)
2.32%Pretax return on assets
14.69%Return on equity (ROE)
8.96%Retained earnings to average equity (YTD only)
-0.02%Net charge-offs to loans
18.62%Credit loss provision to net charge-offs
0.00%Efficiency ratio
52,063Assets per employee
4.73%Cash dividends to net income (YTD only)
Condition Ratios (%)
38.96%Loss allowance to loans
1.81%Loss allowance to noncurrent loans
738.24%Noncurrent assets plus other real estate owned to assets
0.31%Noncurrent loans to loans
0.25%Net loans and leases to deposits
110.11%Net loans and leases to core deposits
178.87%Equity capital to assets
10.71%Core capital (leverage) ratio
10.30%Tier 1 risk-based capital ratio
10.19%Total risk-based capital ratio
Memoranda
$11Average assets
$1,982,825Average earning assets
$192,235Average equity
$1,876,243Average loans
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