FDIC Certificate #: 32424 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Affinity Bank (#27197) Federal Reserve ID: 239976 Date Established: December 12, 1985 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8249 FDIC's unique #: 45258 Numeric code: 35 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: Yes Date of Deposit Insurance: December 12, 1985 Last Structure Change Effective Date: November 16, 2001 Last Structure Change Process Date: December 11, 2001 Last Data Update: December 11, 2001 Data Source Date: April 05, 2012
Location
Address: 3020 Old Ranch Parkway, Suite 170, Seal Beach, CA 90740 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)
Financial Summary
Total assets: $183.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2000)
Dollar figures in thousands
13Total employees (full-time equivalent)
$133,910Total assets
$751Cash and due from depository institutions
$229Interest-bearing balances
$86,920Securities
$0Federal funds sold & reverse repurchase agreements
$42,021Net loans & leases
$379Loan loss allowance
$0Trading account assets
$198Bank premises and fixed assets
$0Other real estate owned
$126Goodwill and other intangibles
$0Life insurance assets
$3,894All other assets
$133,910Total liabilities and capital
$126,897Total liabilities
$85,114Total deposits
$85,114Interest-bearing deposits
$85,114Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$41,000Other borrowed funds
$0Subordinated debt
$783All other liabilities
$7,013Total equity capital
$7,013Total bank equity capital
$7,013Perpetual preferred stock
$6,000Common stock
$2,400Surplus
$3,073Undivided profits
Memoranda
$-4,460Noncurrent loans and leases
$906Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$266Average Assets, year-to-date
$129,170Average Assets, quarterly
$0Volatile liabilities
$122,613Insider loans
$130,187FHLB advances
$64,058Loans and leases held for sale
$0Unused loan commitments
$41,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,395Restructured Loans and leases
$379Derivatives
Income and Expense (December 31, 2000)
Dollar figures in thousands
$9,679Total interest income
$6,664Total interest expense
$3,015Net interest income
$71Provision for loan and lease losses
$201Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$201Additional noninterest income
$1,874Total noninterest expense
$1,186Salaries and employee benefits
$424Premises and equipment expense
$264Additional noninterest expense
$1,271Pre-tax net operating income
$0Securities gains (losses)
$54Applicable income taxes
$1,217Income before extraordinary items
$0Extraordinary gains - net
$1,217Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$0Sale, conversion, retirement of capital stock, net
$25Net operating income
Performance and Condition Ratios (December 31, 2000)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.18%Yield on earning assets
5.63%Cost of funding earning assets
2.55%Net interest margin
0.17%Noninterest income to earning assets
1.58%Noninterest expense to earning assets
0.99%Net operating income to assets
0.99%Return on assets (ROA)
1.04%Pretax return on assets
19.18%Return on equity (ROE)
18.78%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
58,271Assets per employee
10.30%Cash dividends to net income (YTD only)
Condition Ratios (%)
2.05%Loss allowance to loans
0.89%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
49.37%Net loans and leases to core deposits
67.71%Equity capital to assets
5.24%Core capital (leverage) ratio
5.24%Tier 1 risk-based capital ratio
12.10%Total risk-based capital ratio
Memoranda
$13Average assets
$122,613Average earning assets
$6,346Average equity
$118,361Average loans
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