Mission Oaks National Bank in Temecula, California (CA)
| Assets and Liabilities (December 31, 2010) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 40 |
| Total assets | $158,801 |
| Cash and due from depository institutions | $10,235 |
| Interest-bearing balances | $8,574 |
| Securities | $26,156 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $104,092 |
| Loan loss allowance | $4,175 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $537 |
| Other real estate owned | $11,441 |
| Goodwill and other intangibles | $187 |
| All other assets | $6,153 |
| Life insurance assets | $3,353 |
| Total liabilities and capital | $158,801 |
| Total liabilities | $143,164 |
| Total deposits | $137,028 |
| Interest-bearing deposits | $105,779 |
| Deposits held in domestic offices | $137,028 |
| % insured (estimated) | 91.25% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $0 |
| Other borrowed funds | $5,000 |
| Subordinated debt | $0 |
| All other liabilities | $1,136 |
| Total equity capital | $15,637 |
| Total bank equity capital | $15,637 |
| Perpetual preferred stock | $15,637 |
| Common stock | $0 |
| Surplus | $4,899 |
| Undivided profits | $19,790 |
| Memoranda | |
| Noncurrent loans and leases | $-9,052 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $7,164 |
| Income earned, not collected on loans | $0 |
| Earning assets | $11,495 |
| Long-term assets (5+ years) | $0 |
| Average Assets, year-to-date | $517 |
| Average Assets, quarterly | $138,822 |
| Volatile liabilities | $34,282 |
| Insider loans | $180,132 |
| FHLB advances | $165,286 |
| Loans and leases held for sale | $40,947 |
| Unused loan commitments | $2,284 |
| Tier 1 (core) risk-based capital | $5,000 |
| Tier 2 risk-based capital | $0 |
| Total risk weighted assets | $0 |
| Total unused commitments | $7,164 |
| Restructured Loans and leases | $0 |
| Derivatives | $1,589 |
| Income and Expense (December 31, 2010) (Dollar figures in thousands) | |
| Total interest income | $8,567 |
| Total interest expense | $1,987 |
| Net interest income | $6,580 |
| Provision for loan and lease losses | $3,308 |
| Total noninterest income | -$1,601 |
| Fiduciary activities | $0 |
| Service charges on deposit accounts | $367 |
| Trading account gains & fees | $0 |
| Additional noninterest income | -$1,968 |
| Total noninterest expense | $9,161 |
| Salaries and employee benefits | $3,757 |
| Premises and equipment expense | $1,071 |
| Additional noninterest expense | $4,333 |
| Pre-tax net operating income | -$7,490 |
| Securities gains (losses) | $142 |
| Applicable income taxes | $0 |
| Income before extraordinary items | -$7,348 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$7,348 |
| Net charge-offs | $0 |
| Cash dividends | -$7,348 |
| Sale, conversion, retirement of capital stock, net | $3,483 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2010) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.34% |
| Cost of funding earning assets | 1.24% |
| Net interest margin | 4.10% |
| Noninterest income to earning assets | -1.00% |
| Noninterest expense to earning assets | 5.71% |
| Net operating income to assets | -4.16% |
| Return on assets (ROA) | -4.08% |
| Pretax return on assets | -4.08% |
| Return on equity (ROE) | -46.94% |
| Retained earnings to average equity (YTD only) | -46.94% |
| Net charge-offs to loans | 2.82% |
| Credit loss provision to net charge-offs | 94.98% |
| Efficiency ratio | -1.20% |
| Assets per employee | $183,993 |
| Cash dividends to net income (YTD only) | 3.97% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 3.86% |
| Noncurrent assets plus other real estate owned to assets | 36.32% |
| Noncurrent loans to loans | 14.44% |
| Net loans and leases to deposits | 10.62% |
| Net loans and leases to core deposits | 75.96% |
| Equity capital to assets | 102.98% |
| Core capital (leverage) ratio | 9.85% |
| Tier 1 risk-based capital ratio | 9.29% |
| Total risk-based capital ratio | 12.43% |
| Memoranda | |
| Average assets | $14 |
| Average earning assets | $180,132 |
| Average equity | $15,655 |
| Average loans | $160,511 |
| 4 California Branches as of Febuary 17, 2011 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 294913 | Mission Oaks National Bank | 41530 Enterprise Circle South, Suite 100, Temecula, CA 92590 | November 17, 2000 | Full Service Brick and Mortar |  |
| 1 | 364138 | South 79 Branch | 31709 Temecula Parkway, Temecula, CA 92592 | June 14, 2002 | Full Service Brick and Mortar |  |
| 3 | 491919 | Fallbrook Branch | 845 South Main Avenue, Fallbrook, CA 92028 | July 01, 2008 | Full Service Brick and Mortar | |
| 4 | 491920 | Lake Elsinore Branch | 600 Central Avenue, Lake Elsinore, CA 92530 | December 15, 2008 | Full Service Brick and Mortar | |
Based on public records. Inadvertent errors are possible.
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