FDIC Certificate #: 23556 Status: Inactive Closing history: Corrections Acquiring institution:California Bank & Trust (#20852) Federal Reserve ID: 807665 Date Established: September 11, 1981 Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 17 (Interstate: No) FDIC's unique #: 16495 Numeric code: 3 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: September 11, 1981 Last Structure Change Effective Date: July 17, 2009 Last Structure Change Process Date: July 20, 2009 Last Data Update: July 20, 2009 Data Source Date: April 05, 2012
Location
Address: 9590 Foothill Boulevard, Rancho Cucamonga, CA 91730 County: San Bernardino 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): Riverside-San Bernardino, CA (#6780) 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): Riverside-San Bernardino-Ontario, CA (#40140) CBSA Metro Statistical Area: Riverside-San Bernardino-Ontario, CA (#40140)
History of Changes
Absorption - Assisted
Corrections
Financial Summary
Total assets: $1,638.4 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2008)
Dollar figures in thousands
289Total employees (full-time equivalent)
$2,014,953Total assets
$57,899Cash and due from depository institutions
$20,166Interest-bearing balances
$114,352Securities
$77,000Federal funds sold & reverse repurchase agreements
$1,643,368Net loans & leases
$44,274Loan loss allowance
$0Trading account assets
$14,875Bank premises and fixed assets
$56,168Other real estate owned
$1,346Goodwill and other intangibles
$301Life insurance assets
$49,945All other assets
$2,014,953Total liabilities and capital
$1,876,381Total liabilities
$1,595,345Total deposits
$1,550,224Interest-bearing deposits
$1,595,345Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$261,000Other borrowed funds
$0Subordinated debt
$20,036All other liabilities
$138,572Total equity capital
$138,572Total bank equity capital
$138,572Perpetual preferred stock
$0Common stock
$1,632Surplus
$249,057Undivided profits
Memoranda
$-112,117Noncurrent loans and leases
$159,085Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$337,234Earning assets
$3,667Long-term assets (5+ years)
$7,455Average Assets, year-to-date
$1,854,886Average Assets, quarterly
$545,486Volatile liabilities
$2,243,973Insider loans
$2,051,965FHLB advances
$747,717Loans and leases held for sale
$1,045Unused loan commitments
$261,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$7,467Total risk weighted assets
$159,085Total unused commitments
$13,934Restructured Loans and leases
$23,200Derivatives
Income and Expense (December 31, 2008)
Dollar figures in thousands
$138,926Total interest income
$71,603Total interest expense
$67,323Net interest income
$108,762Provision for loan and lease losses
-$12,170Total noninterest income
$0Fiduciary activities
$1,274Service charges on deposit accounts
-$268Trading account gains & fees
-$13,176Additional noninterest income
$61,591Total noninterest expense
$24,350Salaries and employee benefits
$11,668Premises and equipment expense
$25,573Additional noninterest expense
-$115,200Pre-tax net operating income
-$5,118Securities gains (losses)
$6,234Applicable income taxes
-$126,552Income before extraordinary items
$0Extraordinary gains - net
-$126,552Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$113,337Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2008)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.66%Yield on earning assets
3.43%Cost of funding earning assets
3.23%Net interest margin
-0.58%Noninterest income to earning assets
2.95%Noninterest expense to earning assets
-5.41%Net operating income to assets
-5.64%Return on assets (ROA)
-5.36%Pretax return on assets
-63.73%Return on equity (ROE)
-63.73%Retained earnings to average equity (YTD only)
5.86%Net charge-offs to loans
95.96%Credit loss provision to net charge-offs
-0.06%Efficiency ratio
109,999Assets per employee
6.97%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.62%Loss allowance to noncurrent loans
13.13%Noncurrent assets plus other real estate owned to assets
19.18%Noncurrent loans to loans
19.98%Net loans and leases to deposits
103.01%Net loans and leases to core deposits
154.51%Equity capital to assets
6.88%Core capital (leverage) ratio
6.44%Tier 1 risk-based capital ratio
7.18%Total risk-based capital ratio
Memoranda
$8Average assets
$2,243,973Average earning assets
$198,571Average equity
$2,086,519Average loans
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