California Chohung Bank
Los Angeles, CA — Domestic Branch of a Domestic Bank
Acquired Mar 2003
Vitals
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Total Assets158.9M
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Total Deposits114.6M
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Total Net Loans104.3M
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Net Income1.8M
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Book Value43.7M
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Book Value x287.4M
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Book Value x3131.0M
Balance Sheet Highlights
| Financial Highlights | California Chohung Bank | All Insured Commercial Banks in California |
| Balance Sheet $(000) | ||
| Total Assets | 158,905 | 402,003 |
| Total Net Loans | 104,337 | 311,413 |
| Total Deposits | 114,638 | 329,266 |
| Total Equity | 43,681 | 43,096 |
| Profitability | ||
| Net Income | 1,776 | 25,486 |
| Return on Average Assets | 1.208 | 1.314 |
| Return on Average Equity | 4.142 | 13.25 |
| Net Interest Margin | 4.379 | 4.72 |
| Efficiency Ratio | 54.338 | 70.571 |
| Noninterest Income/Revenue | 19.552 | 17.951 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 91.014 | 79.996 |
| Securities/Assets | .118 | .565 |
| Total Equity/Total Assets | .275 | .107 |
| Tangible Equity/Tangible Assets | .275 | -.501 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 43,552 | 36,586 |
| Tier 2 Capital | 1,323 | 4,997 |
| Total Capital | 44,875 | 40,603 |
| Total Risk Weighted Assets | 104,032 | 297,947 |
| Leverage Ratio | 27.57 | 9.93 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 41.86 | 13.579 |
| Total Capital Ratio | 43.14 | 14.805 |
Timeline for California Chohung Bank
Shinhan Bank America
California Chohung Bank was acquired by Shinhan Bank America 21 years
View Profile Mar 24 2003
Shinhan Bank
Shinhan Bank became a new parent organization for California Chohung Bank.
View Profile Mar 16 1995
California Chohung Bank
California Chohung Bank was established 35 years ago and is currently headquartered in Los Angeles, CA.
Oct 03 1988
Hana Bank
Hana Bank became a new parent organization for California Chohung Bank.
View Profile Oct 03 1988| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Shinhan Bank America | Buyer | 1,133,463 | Pooling of Interests | Discontinued | 3/24/2003 |
| Relationships | Role | Relationship Start | Relationship End |
| Shinhan Bank | Parent | 3/16/1995 | 3/23/2003 |
| Hana Bank | Parent | 10/3/1988 | 3/15/1995 |
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