1St Centennial Bank
Redlands, CA — Non-member Bank
Acquired Jan 2009
Vitals
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Total Assets798.0M 15.8 %
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Total Deposits678.6M 41.7 %
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Total Net Loans476.8M -7.4 %
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Net Income
-
Book Value11.0M -82.2 %
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Book Value x222.1M -82.2 %
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Book Value x333.1M -82.2 %
Balance Sheet Highlights
| Financial Highlights | 1St Centennial Bank | All Insured Commercial Banks in California |
| Balance Sheet $(000) | ||
| Total Assets | 797,959 | 520,745 |
| Total Net Loans | 476,777 | 463,287 |
| Total Deposits | 678,570 | 394,167 |
| Total Equity | 11,048 | 55,123 |
| Profitability | ||
| Net Income | — | 12,476 |
| Return on Average Assets | — | .833 |
| Return on Average Equity | — | 6.733 |
| Net Interest Margin | 2.772 | 4.048 |
| Efficiency Ratio | 108.651 | 89.236 |
| Noninterest Income/Revenue | 11.629 | 27.827 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 70.262 | 95.393 |
| Securities/Assets | .21 | .57 |
| Total Equity/Total Assets | .014 | .106 |
| Tangible Equity/Tangible Assets | .008 | -.443 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 7,201 | 50,616 |
| Tier 2 Capital | 6,825 | 7,069 |
| Total Capital | 14,026 | 56,590 |
| Total Risk Weighted Assets | 519,879 | 431,904 |
| Leverage Ratio | .79 | 12.526 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.39 | 15.04 |
| Total Capital Ratio | 2.7 | 16.323 |
Timeline for 1St Centennial Bank
1St Centennial Bank was acquired by 15 years
Jan 24 2009
First California Bank
1St Centennial Bank was acquired by First California Bank 15 years
View Profile Jan 24 2009
Palomar Community Bank
Acquisition: 1St Centennial Bank acquired a new subsidiary, Palomar Community Bank, 22 years
View Profile May 25 2002
Centennial Financial Services
Centennial Financial Services became a new subsidiary organization for 1St Centennial Bank.
View Profile May 11 2000
1St Centennial Bancorp
1St Centennial Bancorp became a new parent organization for 1St Centennial Bank.
View Profile Dec 23 1999
| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| First California Bank | Buyer | 1,741,192 | Failure | 1/24/2009 | |
| Palomar Community Bank | Seller | 90,899 | Pooling of Interests | Discontinued | 5/25/2002 |
| Relationships | Role | Relationship Start | Relationship End |
| 1St Centennial Bancorp | Parent | 12/23/1999 | 1/23/2009 |
| Centennial Financial Services | Subsidary | 5/11/2000 | 3/3/2003 |
| Bancdata Solutions, Inc. | Subsidary | 12/23/1999 | 4/1/2000 |
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