Western State Bank in Duarte, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 12, 2006

  • Western State Bank in Duarte, California (CA)
  • Show street view No street view available for this location

Western State Bank - Overview

  • General
  • FDIC Certificate #: 23234
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Inland Community Bank, National Association (#32916)
    Federal Reserve ID: 169569
    Date Established: October 27, 1980
    WWW: http://www.westernstatebank.com
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 16281
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 27, 1980
    Last Structure Change Effective Date: August 12, 2006
    Last Structure Change Process Date: September 19, 2006
    Last Data Update: September 19, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1801 Huntington Drive, Duarte, CA 91010
    County: Los Angeles
    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): Los Angeles-Long Beach, CA (#4480)
    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: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $51.2 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, 2005)

  • Dollar figures in thousands
  • 25Total employees (full-time equivalent)
  • $50,997Total assets
  • $4,455Cash and due from depository institutions
  • $839Interest-bearing balances
  • $5,809Securities
  • $11,500Federal funds sold & reverse repurchase agreements
  • $27,045Net loans & leases
  • $928Loan loss allowance
  • $0Trading account assets
  • $1,234Bank premises and fixed assets
  • $0Other real estate owned
  • $47Goodwill and other intangibles
  • $0Life insurance assets
  • $907All other assets
  • $50,997Total liabilities and capital
  • $43,569Total liabilities
  • $43,257Total deposits
  • $30,214Interest-bearing deposits
  • $43,257Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $312All other liabilities
  • $7,428Total equity capital
  • $7,428Total bank equity capital
  • $7,428Perpetual preferred stock
  • $0Common stock
  • $10,859Surplus
  • $0Undivided profits
  • Memoranda
  • $-3,431Noncurrent loans and leases
  • $5,083Noncurrent 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)
  • $185Average Assets, year-to-date
  • $45,193Average Assets, quarterly
  • $498Volatile liabilities
  • $60,991Insider loans
  • $53,376FHLB advances
  • $7,033Loans and leases held for sale
  • $117Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,083Total unused commitments
  • $0Restructured Loans and leases
  • $411Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $3,595Total interest income
  • $880Total interest expense
  • $2,715Net interest income
  • $0Provision for loan and lease losses
  • $386Total noninterest income
  • $0Fiduciary activities
  • $233Service charges on deposit accounts
  • $0Trading account gains & fees
  • $153Additional noninterest income
  • $3,070Total noninterest expense
  • $1,740Salaries and employee benefits
  • $367Premises and equipment expense
  • $963Additional noninterest expense
  • $31Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $30Income before extraordinary items
  • $0Extraordinary gains - net
  • $30Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$47Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.54%Yield on earning assets
  • 1.60%Cost of funding earning assets
  • 4.94%Net interest margin
  • 0.70%Noninterest income to earning assets
  • 5.59%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.05%Return on assets (ROA)
  • 0.05%Pretax return on assets
  • 0.40%Return on equity (ROE)
  • 0.40%Retained earnings to average equity (YTD only)
  • -0.13%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 99,000Assets per employee
  • 2.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.32%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
  • 62.52%Net loans and leases to core deposits
  • 74.66%Equity capital to assets
  • 14.57%Core capital (leverage) ratio
  • 13.88%Tier 1 risk-based capital ratio
  • 22.98%Total risk-based capital ratio
  • Memoranda
  • $24Average assets
  • $60,991Average earning assets
  • $7,414Average equity
  • $54,955Average loans

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