Cedars Bank
Los Angeles, CA — Domestic Branch of a Domestic Bank
Acquired Jan 2006
Vitals
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Total Assets438.2M -3.9 %
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Total Deposits366.7M -3.5 %
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Total Net Loans357.3M 4.2 %
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Net Income4.4M -14.9 %
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Book Value47.7M 12.7 %
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Book Value x295.4M 12.7 %
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Book Value x3143.0M 12.7 %
Balance Sheet Highlights
| Financial Highlights | Cedars Bank | All Insured Commercial Banks in California |
| Balance Sheet $(000) | ||
| Total Assets | 438,173 | 511,615 |
| Total Net Loans | 357,307 | 418,065 |
| Total Deposits | 366,665 | 410,760 |
| Total Equity | 47,677 | 60,496 |
| Profitability | ||
| Net Income | 4,356 | 22,294 |
| Return on Average Assets | .904 | 1.521 |
| Return on Average Equity | 9.581 | 13.911 |
| Net Interest Margin | 4.72 | 4.944 |
| Efficiency Ratio | 54.401 | 74.917 |
| Noninterest Income/Revenue | 6.294 | 16.571 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 97.448 | 84.855 |
| Securities/Assets | .002 | .597 |
| Total Equity/Total Assets | .109 | .118 |
| Tangible Equity/Tangible Assets | .109 | -.182 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 47,677 | 51,672 |
| Tier 2 Capital | 4,706 | 6,288 |
| Total Capital | 52,383 | 56,874 |
| Total Risk Weighted Assets | 374,332 | 404,073 |
| Leverage Ratio | 9.81 | 13.56 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 12.74 | 17.882 |
| Total Capital Ratio | 13.99 | 19.028 |
Timeline for Cedars Bank
Pacific Western Bank
Cedars Bank was acquired by Pacific Western Bank 18 years
View Profile Jan 04 2006
Cedars Bank
Cedars Bank was established 36 years ago and is currently headquartered in Los Angeles, CA.
Oct 05 1987| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Pacific Western Bank | Buyer | 21,266,723 | Acquisition | Discontinued | 1/4/2006 |
| Relationships | Role | Relationship Start | Relationship End |
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