City National Corporation is a bank and financial holding company. The company provides a range of banking, investing and entrusting services to his clients through his wholly owned bank branch, Городской Национальный банк (Bank). The bank operates through 62 the office, including 15 providing a full range of services of regional centers, in southern california, San Francisco Bay Area, Nevada and New York. The bank operates in three segments: Commercial and Private Banking, Wealth Management, and Other. All investment advisory branches and wealth management services of the Bank are included in the Wealth Management segment. All other branches, unallocated part of corporate departments and intersegment eliminations are included in another segment. The Bank's main client base includes small to medium sized businesses, предпринимателям, профессионалам, and rich people.
The bank serves its customers through relationship banking. The bank offers a range of lending, deposit, наличного управления, international banking, equipment financing, and other products and services. The bank also provides, инвестирует, and provides services in accordance with its Community Re-investment Law (CRA) obligations.
The Wealth Management Division of the Bank and the subsidiaries of the Management Company of the Company make available investment advisory and wealth management resources, such as investment management and advisory and brokerage services, including portfolio management, securities trading and management company; personal and business trust and investment services, including employee benefits trust services, and condition and financial planning, and guardianship services. Банк также советует и делает доступным mutual funds под названием Чартерных Фондов CNI.
Portfolio Loans
The Company's loan portfolio consists primarily of loans for business and real estate purposes.. Loans are made based on the available source of payment of the cash flow as a privilege, with collateral, being a secondary source for loan qualification. On 31 December 2008, total loans were $12,44 billion. Real estate construction portfolio includes land loans and loans, to develop or build and sell residential and commercial properties. During 2008 these loans represent 10.1 % loan portfolio of the Company for $12,44 billion. Contribution loans consist primarily of loans to people for personal purchases. 31 December 2008, installment loans included 1.4 % full loans.
Deposits and Borrowed Funds
Basic deposits, which include interest-free deposits and interest-bearing deposits, excluding time deposits 100 000$ And, provide a source of cheap financing. On 31 December 2008, freely tradable certificates of deposit 100 000$ or more counted $1,44 billion, out of which $474 million mature in three months, $885,2 million, mature within four months to one year and $82,8 million, mature beyond one year. On 31 December 2008, the total number of deposits by foreign investors in domestic offices was $441,2 million. On 31 December 2008, посредничал, deposits were $20,2 million. Borrowed funds provide an additional source of financing for loan growth. Short-term borrowings include purchased federal funds, securities, sold under agreements, to buy back, казначейский tax и кредитные ноты и федеральный Банк Внутреннего займа (FHLB) заимствования.
