Trans-World Bank in Sherman Oaks, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of May 27, 1997

  • Trans-World Bank in Sherman Oaks, California (CA)
  • Show street view No street view available for this location

Trans-World Bank - Overview

  • General
  • FDIC Certificate #: 17265
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Glendale Federal Bank, Federal Savings Bank (#29199)
    Federal Reserve ID: 812865
    Date Established: November 06, 1953
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 12 (Interstate: No)
    FDIC's unique #: 11288
    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 06, 1953
    Last Structure Change Effective Date: May 27, 1997
    Last Structure Change Process Date: June 16, 1997
    Last Data Update: July 10, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 15233 Ventura Boulevard, Sherman Oaks, CA 91403
    County: Los Angeles
    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): 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)
  • History of Changes
  • Absorption - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $376.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $235Total assets
  • $379,461Cash and due from depository institutions
  • $30,369Interest-bearing balances
  • $0Securities
  • $181,799Federal funds sold & reverse repurchase agreements
  • $20,075Net loans & leases
  • $134,075Loan loss allowance
  • $2,448Trading account assets
  • $0Bank premises and fixed assets
  • $5,021Other real estate owned
  • $1,022Goodwill and other intangibles
  • $6,827Life insurance assets
  • $273All other assets
  • $0Total liabilities and capital
  • $379,461Total liabilities
  • $346,372Total deposits
  • $341,999Interest-bearing deposits
  • $231,124Deposits held in domestic offices
  • 341999.00%% insured (estimated)
  • $71Federal funds purchased & repurchase agreements
  • $500Trading liabilities
  • $0Other borrowed funds
  • $2,618Subordinated debt
  • $0All other liabilities
  • $1,255Total equity capital
  • $1,255Total bank equity capital
  • $33,089Perpetual preferred stock
  • $0Common stock
  • $2,118Surplus
  • $4,311Undivided profits
  • Memoranda
  • $26,660Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,878Income earned, not collected on loans
  • $841Earning assets
  • $335,949Long-term assets (5+ years)
  • $7,239Average Assets, year-to-date
  • $373,980Average Assets, quarterly
  • $377,357Volatile liabilities
  • $42,380Insider loans
  • $5,223FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $47,486Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $32,920Total risk weighted assets
  • $199,206Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $25,911Total interest expense
  • $8,571Net interest income
  • $17,340Provision for loan and lease losses
  • $430Total noninterest income
  • $4,790Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,335Trading account gains & fees
  • $0Additional noninterest income
  • $1,455Total noninterest expense
  • $15,747Salaries and employee benefits
  • $8,380Premises and equipment expense
  • $3,643Additional noninterest expense
  • $3,724Pre-tax net operating income
  • $5,953Securities gains (losses)
  • $1Applicable income taxes
  • $2,166Income before extraordinary items
  • $3,788Extraordinary gains - net
  • $0Net income attributable to bank
  • $3,788Net charge-offs
  • $264Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.78%Cost of funding earning assets
  • 2.57%Net interest margin
  • 5.21%Noninterest income to earning assets
  • 1.44%Noninterest expense to earning assets
  • 4.73%Net operating income to assets
  • 1.01%Return on assets (ROA)
  • 1.01%Pretax return on assets
  • 1.59%Return on equity (ROE)
  • 12.20%Retained earnings to average equity (YTD only)
  • 12.20%Net charge-offs to loans
  • 0.20%Credit loss provision to net charge-offs
  • 162.88%Efficiency ratio
  • 70,493Assets per employee
  • 1.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.79%Loss allowance to noncurrent loans
  • 130.35%Noncurrent assets plus other real estate owned to assets
  • 0.76%Noncurrent loans to loans
  • 1.38%Net loans and leases to deposits
  • 39.20%Net loans and leases to core deposits
  • 44.32%Equity capital to assets
  • 8.72%Core capital (leverage) ratio
  • 8.55%Tier 1 risk-based capital ratio
  • 16.53%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $373,980Average earning assets
  • $31,043Average equity
  • $332,956Average loans

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