FDIC Certificate #: 8473 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Bank of the West (#3514) Federal Reserve ID: 480563 Date Established: April 21, 1897 WWW:http://www.unionsafe.com Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 21 (Interstate: No) OTS Docket #: 10151 FDIC's unique #: 5388 Numeric code: 13 Regulator: FED 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: January 01, 1934 Last Structure Change Effective Date: Febuary 08, 2005 Last Structure Change Process Date: Febuary 08, 2005 Last Data Update: Febuary 08, 2005 Data Source Date: April 05, 2012
Location
Address: 327 East Main Street, Stockton, CA 95202 County: San Joaquin Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Stockton-Lodi, CA (#8120) Core Based Statistical Area (CBSA): Stockton, CA (#44700) CBSA Metro Statistical Area: Stockton, CA (#44700)
Financial Summary
Total assets: $1,381.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2004)
Dollar figures in thousands
351Total employees (full-time equivalent)
$1,381,522Total assets
$39,055Cash and due from depository institutions
$208Interest-bearing balances
$361,053Securities
$93,757Federal funds sold & reverse repurchase agreements
$623,200Net loans & leases
$7,101Loan loss allowance
$0Trading account assets
$19,690Bank premises and fixed assets
$0Other real estate owned
$183,979Goodwill and other intangibles
$0Life insurance assets
$60,788All other assets
$1,381,522Total liabilities and capital
$1,101,502Total liabilities
$913,705Total deposits
$696,191Interest-bearing deposits
$913,705Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$156,609Other borrowed funds
$0Subordinated debt
$31,188All other liabilities
$280,020Total equity capital
$280,020Total bank equity capital
$280,020Perpetual preferred stock
$0Common stock
$287Surplus
$278,578Undivided profits
Memoranda
$1,155Noncurrent loans and leases
$232,768Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,251Earning assets
$0Long-term assets (5+ years)
$4,002Average Assets, year-to-date
$1,078,218Average Assets, quarterly
$484,935Volatile liabilities
$1,197,231Insider loans
$1,281,910FHLB advances
$298,599Loans and leases held for sale
$318Unused loan commitments
$156,609Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$232,768Total unused commitments
$0Restructured Loans and leases
$7,101Derivatives
Income and Expense (December 31, 2004)
Dollar figures in thousands
$9,556Total interest income
$2,032Total interest expense
$7,524Net interest income
$204Provision for loan and lease losses
$2,824Total noninterest income
$220Fiduciary activities
$1,542Service charges on deposit accounts
$0Trading account gains & fees
$1,062Additional noninterest income
$6,843Total noninterest expense
$3,354Salaries and employee benefits
$895Premises and equipment expense
$2,594Additional noninterest expense
$3,301Pre-tax net operating income
-$178Securities gains (losses)
$1,119Applicable income taxes
$2,004Income before extraordinary items
$0Extraordinary gains - net
$2,004Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$9Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2004)
Dollar figures in thousands
Performance Ratios (%, annualized)
0.92%Yield on earning assets
0.19%Cost of funding earning assets
0.72%Net interest margin
0.27%Noninterest income to earning assets
0.66%Noninterest expense to earning assets
0.18%Net operating income to assets
0.17%Return on assets (ROA)
0.26%Pretax return on assets
1.51%Return on equity (ROE)
1.51%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
2266.67%Credit loss provision to net charge-offs
389.44%Efficiency ratio
62,370Assets per employee
3.94%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.13%Loss allowance to noncurrent loans
315.46%Noncurrent assets plus other real estate owned to assets
0.16%Noncurrent loans to loans
0.36%Net loans and leases to deposits
68.21%Net loans and leases to core deposits
83.86%Equity capital to assets
20.27%Core capital (leverage) ratio
8.16%Tier 1 risk-based capital ratio
11.02%Total risk-based capital ratio
Memoranda
$12Average assets
$1,197,231Average earning assets
$132,430Average equity
$1,043,113Average loans
Total Fiduciary and Related Assets (December 31, 2004)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
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