First Vietnamese American Bank
Westminster, CA — Non-member Bank
Acquired Nov 2010
Vitals
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Total Assets48.0M -26.4 %
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Total Deposits47.0M -23.6 %
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Total Net Loans32.6M -24.6 %
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Net Income-1952000.0000
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Book Value611000.0000 -80.4 %
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Book Value x21.2M -80.4 %
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Book Value x31.8M -80.4 %
Balance Sheet Highlights
| Financial Highlights | First Vietnamese American Bank | All Insured Commercial Banks in California |
| Balance Sheet $(000) | ||
| Total Assets | 48,000 | 538,450 |
| Total Net Loans | 32,585 | 341,302 |
| Total Deposits | 47,012 | 408,765 |
| Total Equity | 611 | 67,890 |
| Profitability | ||
| Net Income | -1,952 | 833 |
| Return on Average Assets | -5.019 | -.153 |
| Return on Average Equity | -165.271 | -1.866 |
| Net Interest Margin | 2.785 | 4.05 |
| Efficiency Ratio | 224.956 | 79.416 |
| Noninterest Income/Revenue | 5.509 | 10.861 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 69.312 | 80.903 |
| Securities/Assets | .133 | |
| Total Equity/Total Assets | .013 | .126 |
| Tangible Equity/Tangible Assets | .009 | .121 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 578 | 60,824 |
| Tier 2 Capital | 463 | 4,784 |
| Total Capital | 1,041 | 65,726 |
| Total Risk Weighted Assets | 36,840 | 382,876 |
| Leverage Ratio | 1.15 | 11.595 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.57 | 15.967 |
| Total Capital Ratio | 2.83 | 17.258 |
Timeline for First Vietnamese American Bank
First Vietnamese American Bank was acquired by 13 years
Nov 06 2010
Grandpoint Bank
First Vietnamese American Bank was acquired by Grandpoint Bank 13 years
View Profile Nov 06 2010
First Vietnamese American Bank
First Vietnamese American Bank was established 19 years ago and is currently headquartered in Westminster, CA.
May 11 2005| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Grandpoint Bank | Buyer | 3,292,509 | Failure | 11/6/2010 |
| Relationships | Role | Relationship Start | Relationship End |
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