Savings & loan associations: L.A. County-based; ranked by assets as of June 30, 2004.
SAVINGS & LOAN ASSOCIATIONS
L.A. County-based; ranked by assets as of June 30, 2004
Rank Savings & Loan Assets Deposits
(year established) * as of June 30, * as of June 30,
(Ranking in 2003) 2004 2004
* name * as of June 30, * as of June 30,
* address 2003 2003
* % increase * % increase
(decrease) (decrease)
1 IndyMac Bank (1936) (1) $14,931.4 $4,933.7
155 N. Lake Ave. $10,611 $3,976.1
Pasadena 91101 40.7% 24.1%
2 First Federal Bank of 5,538.3 2,796.9
California (1929) (2) 4,462.1 2,485.7
401 Wilshire Blvd. 24.1 12.5
Santa Monica 90401
3 PFF Bank & Trust (1892) 3,608.1 2,514.6
(3) 3,087.3 2,349
350 S. Garey Ave. 16.9 7
Pomona 91766
4 Quaker City Bank (1920) 1,871.5 1,156.9
(5) 1,623.0 1,096.6
7021 Greenleaf Ave. 15.3 5.5
Whittier 90608
5 First Bank of Beverly 1,210.3 636.9
Hills (1979) (7) 769.9 356.1
23901 Calabasas Road, 57.2 78.8
Suite 1050
Calabasas 91302
6 Standard Savings Bank 985 784.3
(1980) (6) 933.4 731.4
228 W. Garvey Ave. 5.5 7.2
Monterey Park 91754
7 Kaiser Federal Bank 557.1 418.8
(1953) (8) 433.6 346.3
1359 N. Grand Ave. 28.5 20.9
Covina 91724
8 Malaga Bank (1985) (9) 484.9 264
2514 Via Tejon 353.5 226.1
Palos Verdes Peninsula 37.2 16.8
90274
9 Universal Bank (1954) 407.6 309.4
(10) 343.3 254.3
3455 Nogales St., Suite 18.7 21.7
1050
West Covina 91792
10 Broadway Federal Bank 253.3 186.3
(1947) (12) 216.3 165.2
4800 Wilshire Blvd. 17.1 12.8
Los Angeles 90010
Rank Savings & Loan Net Income Capital
(year established) * Jan. 1 - June 30, 2004 Rating
(Ranking in 2003) * Jan. 1 - June 30, 2003 (1)
* name * % increase (decrease)
* address
1 IndyMac Bank (1936) (1) $70.2 ****
155 N. Lake Ave. $82.2
Pasadena 91101 -14.6%
2 First Federal Bank of 31.7 *****
California (1929) (2) 31.2
401 Wilshire Blvd. 1.6
Santa Monica 90401
3 PFF Bank & Trust (1892) 21 ****
(3) 19.1
350 S. Garey Ave. 9.4
Pomona 91766
4 Quaker City Bank (1920) 10.2 *****
(5) 11.5
7021 Greenleaf Ave. -11.8
Whittier 90608
5 First Bank of Beverly 5.8 ****
Hills (1979) (7) 3.3
23901 Calabasas Road, 72.8
Suite 1050
Calabasas 91302
6 Standard Savings Bank 5.2 *****
(1980) (6) 5.3
228 W. Garvey Ave. -0.9
Monterey Park 91754
7 Kaiser Federal Bank 1.7 *****
(1953) (8) 1.2
1359 N. Grand Ave. 42.8
Covina 91724
8 Malaga Bank (1985) (9) 2.7 *****
2514 Via Tejon 2.5
Palos Verdes Peninsula 9.1
90274
9 Universal Bank (1954) 2.6 *****
(10) 1.8
3455 Nogales St., Suite 41.9
1050
West Covina 91792
10 Broadway Federal Bank 1.1 ****
(1947) (12) 0.8
4800 Wilshire Blvd. 26.4
Los Angeles 90010
Rank Savings & Loan Capital Ratios Non-Current
(year established) * tier one (2) Ratio
(Ranking in 2003) * total risk- * % of total assets
* name based (3) * % of total loans
* address
1 IndyMac Bank (1936) (1) 12.5% 0.7%
155 N. Lake Ave. 13.1% 0.8%
Pasadena 91101
2 First Federal Bank of 13.3 0
California (1929) (2) 14.6 0
401 Wilshire Blvd.
Santa Monica 90401
3 PFF Bank & Trust (1892) 10.2 0.3
(3) 11.2 0.3
350 S. Garey Ave.
Pomona 91766
4 Quaker City Bank (1920) 11.5 0.2
(5) 12.4 0.3
7021 Greenleaf Ave.
Whittier 90608
5 First Bank of Beverly 10.2 0.3
Hills (1979) (7) 10.9 0.2
23901 Calabasas Road,
Suite 1050
Calabasas 91302
6 Standard Savings Bank 14 0.4
(1980) (6) 14.5 0.5
228 W. Garvey Ave.
Monterey Park 91754
7 Kaiser Federal Bank 18 0
(1953) (8) 18.6 0
1359 N. Grand Ave.
Covina 91724
8 Malaga Bank (1985) (9) 12.40 0
2514 Via Tejon 13.1 0
Palos Verdes Peninsula
90274
9 Universal Bank (1954) 11.2 0.6
(10) 12.2 0.6
3455 Nogales St., Suite
1050
West Covina 91792
10 Broadway Federal Bank 9.9 0
(1947) (12) 10.6 0
4800 Wilshire Blvd.
Los Angeles 90010
Rank Savings & Loan Returns Top Local Executive
(year established) (6 mos. ended * name
(Ranking in 2003) 6/30/04) * title
* name * on average * phone
* address assets
* on average
equity
1 IndyMac Bank (1936) (1) 1% Michael W. Perry
155 N. Lake Ave. 12.7% chairman, ceo
Pasadena 91101 (626) 535-5901
2 First Federal Bank of 1.2 Babette E. Heimbuch
California (1929) (2) 15 chairwoman, ceo
401 Wilshire Blvd. (310) 319-6000
Santa Monica 90401
3 PFF Bank & Trust (1892) 1.2 Larry M. Rinehart
(3) 15.1 ceo, president
350 S. Garey Ave. (909) 623-6517
Pomona 91766
4 Quaker City Bank (1920) 1.1 Rick McGill
(5) 14.1 ceo, president
7021 Greenleaf Ave. (562) 907-2200
Whittier 90608
5 First Bank of Beverly 1.1 Joseph W. Kiley III
Hills (1979) (7) 13.2 ceo, president
23901 Calabasas Road, (800) 515-1616
Suite 1050
Calabasas 91302
6 Standard Savings Bank 1.1 John M. Lee
(1980) (6) 11.3 president
228 W. Garvey Ave. (626) 280-6448
Monterey Park 91754
7 Kaiser Federal Bank 0.5 Kay M. Hoveland
(1953) (8) 6.5 ceo, president
1359 N. Grand Ave. (626) 339-9663
Covina 91724
8 Malaga Bank (1985) (9) 1.2 John R. Polen
2514 Via Tejon 14.9 ceo, president
Palos Verdes Peninsula (310) 375-9000
90274
9 Universal Bank (1954) 1.4 Frank Chang
(10) 13.5 ceo
3455 Nogales St., Suite (626) 854-2818
1050
West Covina 91792
10 Broadway Federal Bank 0.9 Paul C. Hudson
(1947) (12) 11.9 ceo, president
4800 Wilshire Blvd. (323) 634-1700
Los Angeles 90010
(1) Bauer Financial Reports Inc. proprietary ratings classify each
institution based upon a formula which factors in relevant data
including, but not limited to, current capital levels, proposed
regulations, profitability, historical trends, loan delinquencies,
repossessed assets, reserves, regulatory compliance and asset
quality. Ratings are based on March 31, 2004 data.
***** Superior.
**** Excellent.
***+ Good.
*** Adequate.
(2) Core (Tier 1) capital as a percent of average total assets minus
ineligible tangibles.
(3) Total risk based capital as a percent of risk-weighted assets.
Note: The financial information on this list was provided by the FDIC.
S&Ls are ranked by their assets as of June 30, 2004. A S&L's ranking
does not reflect its relative strength within the industry. The core
capital ratios and non-performance asset ratios can be used as
indicators of an institution's financial security. Hawthorne Savings,
No. 4 on this list last year merged into Commercial Capital Bank on
June 5, 2004.
To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please send corrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [c]2004 Los Angeles Business
Journal. This list may not be reprinted in whole or in part without
prior written permission from the editor. Reprints are available from
Wright's Reprints, (877) 652-5295.
COPYRIGHT 2005 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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