FDIC Certificate #: 58662 Status: Active Federal Reserve ID: 3800621 Date Established: July 10, 2008 WWW:http://www.vibrabank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 462067 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: July 10, 2008 Last Structure Change Effective Date: July 23, 2008 Last Structure Change Process Date: July 23, 2008 Last Data Update: July 23, 2008 Data Source Date: April 05, 2012
Location
Address: 530 Broadway, Chula Vista, CA 91910 County: San Diego 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): San Diego, CA (#7320) Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740) CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
History of Changes
Change in Geographic Region/Area/Territory/Field Office
Financial Summary
Total assets: $104.4 mil Equity capital: $12.4 mil Deposits held in domestic offices: $90.1 mil Return on assets (ROA): 1.51% ($1.6 mil) Quarterly return on assets: 2.40% ($2.5 mil) Return on Equity (ROE): 11.12% ($1.3 mil) Quarterly return on equity: 19.08% ($2.3 mil) Net income: $1.3 mil Quarterly Net income: $0.6 mil Pretax return on assets: 1.11% ($1,159.1 mil) Quarterly Pretax return on assets: 0.99% ($1,033.8 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
30Total employees (full-time equivalent)
$104,425Total assets
$2,231Cash and due from depository institutions
$663Interest-bearing balances
$4,044Securities
$21,025Federal funds sold & reverse repurchase agreements
$74,887Net loans & leases
$1,272Loan loss allowance
$0Trading account assets
$669Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$104,425Life insurance assets
$1,569All other assets
$92,056Total liabilities and capital
$90,135Total liabilities
$72,803Total deposits
$90,135Interest-bearing deposits
$72Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$1,600Trading liabilities
$0Other borrowed funds
$321Subordinated debt
$12,369All other liabilities
$12,369Total equity capital
$12,369Total bank equity capital
$0Perpetual preferred stock
$14,777Common stock
$1,145Surplus
$-3,553Undivided profits
Memoranda
$0Noncurrent loans and leases
$1,905Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$250Long-term assets (5+ years)
$100,619Average Assets, year-to-date
$25,694Average Assets, quarterly
$85,064Volatile liabilities
$95,890Insider loans
$70,092FHLB advances
$96,089Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$12,318Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$21,099Restructured Loans and leases
$1,769Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,345Total interest income
$637Total interest expense
$3,708Net interest income
$132Provision for loan and lease losses
$1,522Total noninterest income
$0Fiduciary activities
$99Service charges on deposit accounts
$0Trading account gains & fees
$1,423Additional noninterest income
$4,150Total noninterest expense
$2,343Salaries and employee benefits
$466Premises and equipment expense
$1,341Additional noninterest expense
$948Pre-tax net operating income
$0Securities gains (losses)
-$338Applicable income taxes
$1,286Income before extraordinary items
$0Extraordinary gains - net
$1,286Net income attributable to bank
$0Net charge-offs
$1,286Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.30%Yield on earning assets
0.78%Cost of funding earning assets
4.53%Net interest margin
1.86%Noninterest income to earning assets
5.07%Noninterest expense to earning assets
1.51%Net operating income to assets
1.51%Return on assets (ROA)
1.11%Pretax return on assets
11.12%Return on equity (ROE)
11.12%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
79,350Assets per employee
3.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.67%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
83.08%Net loans and leases to core deposits
99.03%Equity capital to assets
11.84%Core capital (leverage) ratio
12.82%Tier 1 risk-based capital ratio
17.57%Total risk-based capital ratio
Memoranda
$19Average assets
$85,064Average earning assets
$11,562Average equity
$81,916Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
462067
Vibra Bank
530 Broadway, Chula Vista, CA 91910
July 10, 2008
Full Service Brick and Mortar
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