United American Bank in San Mateo, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

United American Bank - Overview

  • General
  • FDIC Certificate #: 57447
    Status: Active
    Federal Reserve ID: 3161144
    Bank Holding Company (Regulatory Top Holder): Atbancorp (RSSDID: 1134694, Location: Dubuque, IA)
    Date Established: June 09, 2003
    WWW: http://www.unitedamericanbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 363784
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: June 09, 2003
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 101 South Ellsworth Avenue, Suite 110, San Mateo, CA 94401
    County: San Mateo
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: Kansas City
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $273.6 mil
    Equity capital: $18.8 mil
    Deposits held in domestic offices: $253.7 mil
    Return on assets (ROA): -2.34% (-$6.4 mil)
    Quarterly return on assets: -2.15% (-$5.9 mil)
    Return on Equity (ROE): -51.74% (-$9.8 mil)
    Quarterly return on equity: -41.20% (-$7.8 mil)
    Net income: -$6.8 mil
    Quarterly Net income: -$1.4 mil
    Pretax return on assets: -2.34% (-$6,402.3 mil)
    Quarterly Pretax return on assets: -2.15% (-$5,882.4 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, 2011)

  • Dollar figures in thousands
  • 52Total employees (full-time equivalent)
  • $273,601Total assets
  • $77,554Cash and due from depository institutions
  • $72,620Interest-bearing balances
  • $0Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $188,504Net loans & leases
  • $8,362Loan loss allowance
  • $0Trading account assets
  • $678Bank premises and fixed assets
  • $3,479Other real estate owned
  • $0Goodwill and other intangibles
  • $273,601Life insurance assets
  • $3,386All other assets
  • $254,781Total liabilities and capital
  • $253,692Total liabilities
  • $216,429Total deposits
  • $253,692Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,089Subordinated debt
  • $18,820All other liabilities
  • $18,820Total equity capital
  • $18,820Total bank equity capital
  • $8,947Perpetual preferred stock
  • $38,591Common stock
  • $1,515Surplus
  • $-30,233Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,408Income earned, not collected on loans
  • $0Earning assets
  • $639Long-term assets (5+ years)
  • $261,124Average Assets, year-to-date
  • $46,502Average Assets, quarterly
  • $288,305Volatile liabilities
  • $269,231Insider loans
  • $186,235FHLB advances
  • $273,516Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,820Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,686Restructured Loans and leases
  • $150Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $12,434Total interest income
  • $1,810Total interest expense
  • $10,624Net interest income
  • $5,108Provision for loan and lease losses
  • $432Total noninterest income
  • $0Fiduciary activities
  • $200Service charges on deposit accounts
  • $0Trading account gains & fees
  • $232Additional noninterest income
  • $12,704Total noninterest expense
  • $5,597Salaries and employee benefits
  • $1,640Premises and equipment expense
  • $5,467Additional noninterest expense
  • -$6,756Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • -$6,757Income before extraordinary items
  • $0Extraordinary gains - net
  • -$6,757Net income attributable to bank
  • $0Net charge-offs
  • -$6,757Cash dividends
  • $6,081Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.51%Yield on earning assets
  • 0.66%Cost of funding earning assets
  • 3.85%Net interest margin
  • 0.16%Noninterest income to earning assets
  • 4.61%Noninterest expense to earning assets
  • -2.34%Net operating income to assets
  • -2.34%Return on assets (ROA)
  • -2.34%Pretax return on assets
  • -51.74%Return on equity (ROE)
  • -51.74%Retained earnings to average equity (YTD only)
  • 2.59%Net charge-offs to loans
  • 84.00%Credit loss provision to net charge-offs
  • -0.27%Efficiency ratio
  • 114,906Assets per employee
  • 5.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.25%Loss allowance to noncurrent loans
  • 29.44%Noncurrent assets plus other real estate owned to assets
  • 11.65%Noncurrent loans to loans
  • 14.43%Net loans and leases to deposits
  • 74.30%Net loans and leases to core deposits
  • 77.13%Equity capital to assets
  • 6.88%Core capital (leverage) ratio
  • 6.88%Tier 1 risk-based capital ratio
  • 10.11%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $288,305Average earning assets
  • $13,059Average equity
  • $275,737Average loans

List of branches

  • 4 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0363784United American Bank101 South Ellsworth Avenue, Suite 110, San Mateo, CA 94401June 09, 2003Full Service Brick and Mortar
    1451445Sunnyvale Branch333 W. El Camino Real, Suite 150, Sunnyvale, CA 94087May 30, 2006Full Service Brick and Mortar
    2456865Half Moon Bay Branch40 North Cabrillo Highway, Half Moon Bay, CA 94019November 27, 2006Full Service Brick and Mortar
    3468822Mid-Peninsula2400 Broadway, Suite 100, Redwood City, CA 94063October 29, 2007Full Service Brick and Mortar

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