Western United National Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of September 24, 1993

  • Western United National Bank in Los Angeles, California (CA)
  • Show street view No street view available for this location

Western United National Bank - Overview

  • General
  • FDIC Certificate #: 24654
    Status: Inactive
    Federal Reserve ID: 795762
    Date Established: August 22, 1983
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 1 (Interstate: No)
    FDIC's unique #: 17115
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: August 22, 1983
    Last Structure Change Effective Date: September 24, 1993
    Last Structure Change Process Date: October 07, 1993
    Last Data Update: October 07, 1993
    Data Source Date: April 05, 2012
  • Location
  • Address: 11318 National Boulevard, Los Angeles, CA 90064
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    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)
  • History of Changes
  • Financial Difficulty - Payoff
    Corrections
  • Financial Summary
  • Total assets: $23.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $21Total assets
  • $25,446Cash and due from depository institutions
  • $2,333Interest-bearing balances
  • $1,191Securities
  • $3,313Federal funds sold & reverse repurchase agreements
  • $1,810Net loans & leases
  • $17,284Loan loss allowance
  • $661Trading account assets
  • $0Bank premises and fixed assets
  • $209Other real estate owned
  • $111Goodwill and other intangibles
  • $386Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $25,446Total liabilities
  • $24,577Total deposits
  • $22,790Interest-bearing deposits
  • $18,715Deposits held in domestic offices
  • 22790.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $1,230Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $557Total equity capital
  • $557Total bank equity capital
  • $869Perpetual preferred stock
  • $0Common stock
  • $2,306Surplus
  • $4,454Undivided profits
  • Memoranda
  • $-5,891Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,683Income earned, not collected on loans
  • $262Earning assets
  • $23,598Long-term assets (5+ years)
  • $366Average Assets, year-to-date
  • $25,639Average Assets, quarterly
  • $25,623Volatile liabilities
  • $5,747Insider loans
  • $659FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $7,122Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $869Total risk weighted assets
  • $15,996Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $2,441Total interest expense
  • $1,078Net interest income
  • $1,363Provision for loan and lease losses
  • $477Total noninterest income
  • $646Fiduciary activities
  • $0Service charges on deposit accounts
  • $148Trading account gains & fees
  • $0Additional noninterest income
  • $498Total noninterest expense
  • $2,243Salaries and employee benefits
  • $1,056Premises and equipment expense
  • $198Additional noninterest expense
  • $989Pre-tax net operating income
  • -$711Securities gains (losses)
  • $115Applicable income taxes
  • $2Income before extraordinary items
  • -$598Extraordinary gains - net
  • $0Net income attributable to bank
  • -$598Net charge-offs
  • $137Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $26Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 10.38%Cost of funding earning assets
  • 4.58%Net interest margin
  • 5.80%Noninterest income to earning assets
  • 2.75%Noninterest expense to earning assets
  • 9.54%Net operating income to assets
  • -2.78%Return on assets (ROA)
  • -2.33%Pretax return on assets
  • -2.32%Return on equity (ROE)
  • -46.57%Retained earnings to average equity (YTD only)
  • -46.57%Net charge-offs to loans
  • 0.80%Credit loss provision to net charge-offs
  • 348.18%Efficiency ratio
  • 111,648Assets per employee
  • 1.21%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.68%Loss allowance to noncurrent loans
  • 24.64%Noncurrent assets plus other real estate owned to assets
  • 10.98%Noncurrent loans to loans
  • 14.95%Net loans and leases to deposits
  • 75.84%Net loans and leases to core deposits
  • 94.59%Equity capital to assets
  • 3.42%Core capital (leverage) ratio
  • 3.25%Tier 1 risk-based capital ratio
  • 5.43%Total risk-based capital ratio
  • Memoranda
  • $7Average assets
  • $25,639Average earning assets
  • $1,284Average equity
  • $23,517Average loans

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