Oceanic Bank
San Francisco, CA — Domestic Branch of a Domestic Bank
Acquired Sep 2012
Vitals
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Total Assets158.1M -8.5 %
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Total Deposits114.7M -2.2 %
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Total Net Loans111.7M -5.5 %
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Net Income672000.0000 -3.6 %
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Book Value32.8M 3.1 %
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Book Value x265.5M 3.1 %
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Book Value x398.3M 3.1 %
Balance Sheet Highlights
| Financial Highlights | Oceanic Bank | All Insured Commercial Banks in California |
| Balance Sheet $(000) | ||
| Total Assets | 158,082 | 636,618 |
| Total Net Loans | 111,702 | 388,605 |
| Total Deposits | 114,747 | 491,506 |
| Total Equity | 32,758 | 86,040 |
| Profitability | ||
| Net Income | 672 | 3,777 |
| Return on Average Assets | .795 | .672 |
| Return on Average Equity | 4.145 | 5.361 |
| Net Interest Margin | 3.494 | 4.092 |
| Efficiency Ratio | 60.711 | 75.117 |
| Noninterest Income/Revenue | 4.349 | 13.306 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 97.346 | 77.258 |
| Securities/Assets | .088 | .163 |
| Total Equity/Total Assets | .207 | .135 |
| Tangible Equity/Tangible Assets | .207 | .128 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 32,758 | 75,227 |
| Tier 2 Capital | 1,590 | 5,682 |
| Total Capital | 34,348 | 80,893 |
| Total Risk Weighted Assets | 126,834 | 439,767 |
| Leverage Ratio | 19.13 | 11.854 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 25.83 | 16.502 |
| Total Capital Ratio | 27.08 | 17.781 |
Timeline for Oceanic Bank
First National Bank Of Northern California
Oceanic Bank was acquired by First National Bank Of Northern California 11 years
View Profile Sep 22 2012
Oceanic Bank
Oceanic Bank was established 42 years ago and is currently headquartered in San Francisco, CA.
Aug 04 1981
Oceanic Bank Holding, Inc.
Oceanic Bank Holding, Inc. became a new parent organization for Oceanic Bank.
View Profile Aug 04 1981| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| First National Bank Of Northern California | Buyer | 1,172,688 | Acquisition | Discontinued | 9/22/2012 |
| Relationships | Role | Relationship Start | Relationship End |
| Oceanic Bank Holding, Inc. | Parent | 8/4/1981 | 9/21/2012 |
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