Uniti Bank in Buena Park, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Uniti Bank - Overview

  • General
  • FDIC Certificate #: 57120
    Status: Active
    Federal Reserve ID: 3076284
    Bank Holding Company (Regulatory Top Holder): Uniti Financial Corporation (RSSDID: 3344620, Location: Buena Park, CA)
    Date Established: December 17, 2001
    WWW: http://www.unitibank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 358024
    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: December 17, 2001
    Last Structure Change Effective Date: January 18, 2011
    Last Structure Change Process Date: January 18, 2011
    Last Data Update: January 18, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 6301 Beach Boulevard, Suite 100, Buena Park, CA 90621
    County: Orange
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Orange County, CA (#5945)
    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: Santa Ana-Anaheim-Irvine, CA (#42044)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $180.2 mil
    Equity capital: $20.6 mil
    Deposits held in domestic offices: $158.6 mil
    Return on assets (ROA): 0.21% ($0.4 mil)
    Quarterly return on assets: -0.52% (-$0.9 mil)
    Return on Equity (ROE): 2.08% ($0.4 mil)
    Quarterly return on equity: -4.53% (-$1.0 mil)
    Net income: $0.4 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.18% ($324.4 mil)
    Quarterly Pretax return on assets: -0.52% (-$937.3 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
  • 40Total employees (full-time equivalent)
  • $180,242Total assets
  • $48,844Cash and due from depository institutions
  • $45,792Interest-bearing balances
  • $39,124Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $88,660Net loans & leases
  • $6,355Loan loss allowance
  • $0Trading account assets
  • $119Bank premises and fixed assets
  • $1,400Other real estate owned
  • $424Goodwill and other intangibles
  • $180,243Life insurance assets
  • $1,671All other assets
  • $159,626Total liabilities and capital
  • $158,588Total liabilities
  • $125,356Total deposits
  • $158,588Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,038Subordinated debt
  • $20,617All other liabilities
  • $20,617Total equity capital
  • $20,617Total bank equity capital
  • $0Perpetual preferred stock
  • $31,953Common stock
  • $0Surplus
  • $-11,336Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,405Income earned, not collected on loans
  • $1,660Earning assets
  • $509Long-term assets (5+ years)
  • $173,576Average Assets, year-to-date
  • $28,099Average Assets, quarterly
  • $193,599Volatile liabilities
  • $180,484Insider loans
  • $91,592FHLB advances
  • $180,133Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,360Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,585Restructured Loans and leases
  • $64Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,726Total interest income
  • $1,943Total interest expense
  • $4,783Net interest income
  • -$9Provision for loan and lease losses
  • $1,730Total noninterest income
  • $0Fiduciary activities
  • $422Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,308Additional noninterest income
  • $6,182Total noninterest expense
  • $3,157Salaries and employee benefits
  • $632Premises and equipment expense
  • $2,393Additional noninterest expense
  • $340Pre-tax net operating income
  • $8Securities gains (losses)
  • -$56Applicable income taxes
  • $404Income before extraordinary items
  • $0Extraordinary gains - net
  • $404Net income attributable to bank
  • $0Net charge-offs
  • $404Cash dividends
  • $2,554Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.61%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 2.57%Net interest margin
  • 0.93%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 0.20%Net operating income to assets
  • 0.21%Return on assets (ROA)
  • 0.18%Pretax return on assets
  • 2.08%Return on equity (ROE)
  • 2.08%Retained earnings to average equity (YTD only)
  • 2.54%Net charge-offs to loans
  • -0.35%Credit loss provision to net charge-offs
  • 0.13%Efficiency ratio
  • 94,918Assets per employee
  • 4.51%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.69%Loss allowance to noncurrent loans
  • 47.41%Noncurrent assets plus other real estate owned to assets
  • 8.21%Noncurrent loans to loans
  • 14.11%Net loans and leases to deposits
  • 55.91%Net loans and leases to core deposits
  • 60.90%Equity capital to assets
  • 11.44%Core capital (leverage) ratio
  • 11.30%Tier 1 risk-based capital ratio
  • 22.23%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $193,599Average earning assets
  • $19,443Average equity
  • $186,433Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0358024Uniti Bank6301 Beach Boulevard, Suite 100, Buena Park, CA 90621December 17, 2001Full Service Brick and Mortar
    1428185L. A. Office Branch3327 Wilshire Blvd, Los Angeles, CA 90010May 10, 2004Full Service Brick and Mortar
    2440126Garden Grove Branch9252 Garden Grove Boulevard #27, Garden Grove, CA 92844April 11, 2005Full Service Brick and Mortar

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