FDIC Certificate #: 32080 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:East West Bank (#31628) Federal Reserve ID: 405874 Date Established: January 01, 1977 WWW:http://www.trustbankcorp.com Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 7828 FDIC's unique #: 44914 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: March 23, 1981 Last Structure Change Effective Date: August 06, 2004 Last Structure Change Process Date: August 23, 2004 Last Data Update: August 23, 2004 Data Source Date: April 05, 2012
Location
Address: 638 South Atlantic Boulevard, Monterey Park, CA 91754 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: $229.0 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)
Dollar figures in thousands
45Total employees (full-time equivalent)
$229,862Total assets
$13,303Cash and due from depository institutions
$10,678Interest-bearing balances
$66,526Securities
$2,224Federal funds sold & reverse repurchase agreements
$144,316Net loans & leases
$1,584Loan loss allowance
$0Trading account assets
$506Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,987All other assets
$229,862Total liabilities and capital
$212,270Total liabilities
$188,671Total deposits
$179,863Interest-bearing deposits
$188,671Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$23,000Other borrowed funds
$0Subordinated debt
$599All other liabilities
$17,592Total equity capital
$17,592Total bank equity capital
$17,592Perpetual preferred stock
$0Common stock
$3,250Surplus
$9,062Undivided profits
Memoranda
$5,280Noncurrent loans and leases
$22,290Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$636Average Assets, year-to-date
$223,744Average Assets, quarterly
$0Volatile liabilities
$230,697Insider loans
$233,560FHLB advances
$127,501Loans and leases held for sale
$0Unused loan commitments
$23,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$22,290Total unused commitments
$0Restructured Loans and leases
$1,584Derivatives
Income and Expense (December 31, 2003)
Dollar figures in thousands
$10,762Total interest income
$4,299Total interest expense
$6,463Net interest income
$0Provision for loan and lease losses
$425Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$425Additional noninterest income
$4,112Total noninterest expense
$2,582Salaries and employee benefits
$869Premises and equipment expense
$661Additional noninterest expense
$2,776Pre-tax net operating income
$75Securities gains (losses)
$1,070Applicable income taxes
$1,781Income before extraordinary items
$0Extraordinary gains - net
$1,781Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$1,690Net operating income
Performance and Condition Ratios (December 31, 2003)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.79%Yield on earning assets
1.91%Cost of funding earning assets
2.88%Net interest margin
0.19%Noninterest income to earning assets
1.83%Noninterest expense to earning assets
0.75%Net operating income to assets
0.77%Return on assets (ROA)
1.24%Pretax return on assets
9.85%Return on equity (ROE)
0.50%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
59,698Assets per employee
5.11%Cash dividends to net income (YTD only)
Condition Ratios (%)
94.89%Loss allowance to loans
1.09%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
76.49%Net loans and leases to core deposits
171.46%Equity capital to assets
7.65%Core capital (leverage) ratio
7.65%Tier 1 risk-based capital ratio
10.82%Total risk-based capital ratio
Memoranda
$12Average assets
$230,697Average earning assets
$18,072Average equity
$224,614Average loans
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