World Trade Bank, National Association in Beverly Hills, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of November 15, 1995

  • World Trade Bank, National Association in Beverly Hills, California (CA)
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World Trade Bank, National Association - Overview

  • General
  • FDIC Certificate #: 24641
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bank of Los Angeles (#23790)
    Federal Reserve ID: 31460
    Date Established: August 02, 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 #: 17107
    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 02, 1983
    Last Structure Change Effective Date: November 15, 1995
    Last Structure Change Process Date: December 12, 1995
    Last Data Update: December 12, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 9944 Santa Monica Boulevard, Beverly Hills, CA 90212
    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)
  • Financial Summary
  • Total assets: $45.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $26Total assets
  • $50,100Cash and due from depository institutions
  • $3,145Interest-bearing balances
  • $99Securities
  • $19,946Federal funds sold & reverse repurchase agreements
  • $1,912Net loans & leases
  • $22,549Loan loss allowance
  • $934Trading account assets
  • $0Bank premises and fixed assets
  • $712Other real estate owned
  • $296Goodwill and other intangibles
  • $1,540Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $50,100Total liabilities
  • $47,649Total deposits
  • $42,395Interest-bearing deposits
  • $33,547Deposits held in domestic offices
  • 42395.00%% insured (estimated)
  • $81Federal funds purchased & repurchase agreements
  • $5,005Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $249Total equity capital
  • $249Total bank equity capital
  • $2,451Perpetual preferred stock
  • $0Common stock
  • $2,364Surplus
  • $18,054Undivided profits
  • Memoranda
  • $-17,967Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $578Income earned, not collected on loans
  • $260Earning assets
  • $44,506Long-term assets (5+ years)
  • $14,222Average Assets, year-to-date
  • $59,321Average Assets, quarterly
  • $53,155Volatile liabilities
  • $7,862Insider loans
  • $217FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $2,811Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,090Total risk weighted assets
  • $30,057Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,158Total interest expense
  • $1,764Net interest income
  • $2,394Provision for loan and lease losses
  • $0Total noninterest income
  • $486Fiduciary activities
  • $0Service charges on deposit accounts
  • $243Trading account gains & fees
  • $0Additional noninterest income
  • $243Total noninterest expense
  • $4,014Salaries and employee benefits
  • $1,504Premises and equipment expense
  • $865Additional noninterest expense
  • $1,645Pre-tax net operating income
  • -$1,134Securities gains (losses)
  • -$300Applicable income taxes
  • $1Income before extraordinary items
  • -$1,435Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,435Net charge-offs
  • $1,030Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.94%Cost of funding earning assets
  • 3.37%Net interest margin
  • 4.57%Noninterest income to earning assets
  • 0.93%Noninterest expense to earning assets
  • 7.67%Net operating income to assets
  • -1.91%Return on assets (ROA)
  • -2.42%Pretax return on assets
  • -2.42%Return on equity (ROE)
  • -41.11%Retained earnings to average equity (YTD only)
  • -41.11%Net charge-offs to loans
  • 3.85%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 139,375Assets per employee
  • 1.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.98%Loss allowance to noncurrent loans
  • 161.59%Noncurrent assets plus other real estate owned to assets
  • 1.74%Noncurrent loans to loans
  • 2.46%Net loans and leases to deposits
  • 53.19%Net loans and leases to core deposits
  • 57.03%Equity capital to assets
  • 4.89%Core capital (leverage) ratio
  • 6.11%Tier 1 risk-based capital ratio
  • 10.28%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $59,321Average earning assets
  • $3,490Average equity
  • $52,358Average loans

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