Savings & loan associations.
SAVINGS & LOAN ASSOCIATIONS
Ranked by assets as of June 30, 2007
Rank Savings & Loan Assets (1) Deposits (1)
(Ranking in 2006) (in millions) (in millions)
* name * 2007 * 2007
* address * 2006 * 2006
* Web site * % change * % change
(loss) (loss)
1 IndyMac Bank (1) $31,293.4 $12,067.5
155 N. Lake Ave. $22,743.3 $9,575.6
Pasadena 91101 37.6 26
indymacbank.com
2 First Federal Bank of 7,668.5 4,901.1
California (2) 10,256.8 5,542.1
401 Wilshire Blvd. (25.2) (11.6)
Santa Monica 90401
firstfedca.com
3 Kaiser Federal Bank (4) 784 498.2
1359 N. Grand Ave. 723.7 463.9
Covina 91724 8.3 7.4
kaiserfederal.com
4 Malaga Bank (5) 686.6 375.5
2514 Via Tejon 633.3 326.4
Palos Verdes 8.4 15
Peninsula 90274
malagabank.com
5 Universal Bank (6) 458.3 367.8
3455 Nogales St., 420.4 316.1
Second Floor 9 16.4
West Covina 91792
universalbank.com
6 Broadway Federal Bank (7) 317.9 232.4
4800 Wilshire Blvd. 284 211.1
Los Angeles 90010 11.9 10.1
broadwayfederalbank.com
Rank Savings & Loan Net Income (2) Capital Ratios
(Ranking in 2006) (in millions) * tier one (3)
* name * 2007 * total
* address * 2006 risk-based (4)
* Web site * % change
(loss)
1 IndyMac Bank (1) $109.5 11.9%
155 N. Lake Ave. $192.1 12.2%
Pasadena 91101 (43.0)
indymacbank.com
2 First Federal Bank of 63.7 20.6
California (2) 65.4 21.9
401 Wilshire Blvd. (2.5)
Santa Monica 90401
firstfedca.com
3 Kaiser Federal Bank (4) 2 0.2
1359 N. Grand Ave. 2.4 0.2
Covina 91724 (17.0)
kaiserfederal.com
4 Malaga Bank (5) 3.2 12.7
2514 Via Tejon 2.8 13.3
Palos Verdes 14.7
Peninsula 90274
malagabank.com
5 Universal Bank (6) 3.9 13.2
3455 Nogales St., 4.2 14.1
Second Floor (8.6)
West Covina 91792
universalbank.com
6 Broadway Federal Bank (7) 1 10.6
4800 Wilshire Blvd. 1 11.4
Los Angeles 90010 (3.7)
broadwayfederalbank.com
Rank Savings & Loan Non-Current Returns (2)
(Ranking in 2006) Ratios * on average
* name * % of total assets
* address assets * on average
* Web site * % of total equity
loans
1 IndyMac Bank (1) 1.6% 0.7%
155 N. Lake Ave. 2.2% 9%
Pasadena 91101
indymacbank.com
2 First Federal Bank of 0.9 1.5
California (2) 0.8 15.6
401 Wilshire Blvd.
Santa Monica 90401
firstfedca.com
3 Kaiser Federal Bank (4) 12.8 0.5
1359 N. Grand Ave. 13.3 6
Covina 91724
kaiserfederal.com
4 Malaga Bank (5) 0 0.9
2514 Via Tejon 0 12
Palos Verdes
Peninsula 90274
malagabank.com
5 Universal Bank (6) 1.9 1.7
3455 Nogales St., 2.1 13.6
Second Floor
West Covina 91792
universalbank.com
6 Broadway Federal Bank (7) 0.2 0.6
4800 Wilshire Blvd. 0.2 7.9
Los Angeles 90010
broadwayfederalbank.com
Rank Savings & Loan Profile Top Executive
(Ranking in 2006) * employees * name
* name * branches * title
* address * year founded * phone
* Web site
1 IndyMac Bank (1) 7,953 Michael W.
155 N. Lake Ave. 31 Perry
Pasadena 91101 1936 chairman, ceo
indymacbank.com (626) 535-5901
2 First Federal Bank of 583 Babette E.
California (2) 33 Heimbuch
401 Wilshire Blvd. 1929 chairwoman, ceo
Santa Monica 90401 (310) 319-6000
firstfedca.com
3 Kaiser Federal Bank (4) 91 Kay M. Hoveland
1359 N. Grand Ave. N/A ceo, president
Covina 91724 1953 (626) 339-9663
kaiserfederal.com
4 Malaga Bank (5) 55 Randy Bowers
2514 Via Tejon N/A ceo, president
Palos Verdes 1985 (310) 375-9000
Peninsula 90274
malagabank.com
5 Universal Bank (6) 89 Frank Chang
3455 Nogales St., N/A ceo
Second Floor 1954 (626) 854-2818
West Covina 91792
universalbank.com
6 Broadway Federal Bank (7) 74 Paul C. Hudson
4800 Wilshire Blvd. N/A chairman, ceo
Los Angeles 90010 1947 (323) 634-1700
broadwayfederalbank.com
Note: The financial information on this list was provided by the FDIC.
S&Ls are ranked by their assets as of June 30, 2007. 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.
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]2007 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.
(1) As of June 30.
(2) For the six months ended June 30.
(3) Tier one (core) capital as a percent of risk-weighted assets.
(4) Total risk-based capital as a percent of risk-weighted assets.
Reprinted from the November 5, 2007 issue
COPYRIGHT 2007 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.
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