FDIC Certificate #: 58411 Status: Active Federal Reserve ID: 3485420 Date Established: October 23, 2006 WWW:http://www.ccbca.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 451131 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 23, 2006 Last Structure Change Effective Date: April 04, 2012 Last Structure Change Process Date: April 04, 2012 Last Data Update: April 04, 2012 Data Source Date: April 05, 2012
Location
Address: 237 South Main Street, Red Bluff, CA 96080 County: Tehama Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Sacramento Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Core Based Statistical Area (CBSA): Red Bluff, CA (#39780) CBSA Micro Statistical Area: Yes
Financial Summary
Total assets: $91.3 mil Equity capital: $10.2 mil Deposits held in domestic offices: $80.6 mil Return on assets (ROA): 0.86% ($0.8 mil) Quarterly return on assets: 0.96% ($0.9 mil) Return on Equity (ROE): 7.33% ($0.7 mil) Quarterly return on equity: 8.24% ($0.8 mil) Net income: $0.7 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.29% ($264.9 mil) Quarterly Pretax return on assets: 0.25% ($228.4 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
27Total employees (full-time equivalent)
$91,347Total assets
$2,402Cash and due from depository institutions
$445Interest-bearing balances
$22,173Securities
$0Federal funds sold & reverse repurchase agreements
$63,234Net loans & leases
$1,270Loan loss allowance
$0Trading account assets
$1,226Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$91,347Life insurance assets
$2,312All other assets
$81,177Total liabilities and capital
$80,642Total liabilities
$68,809Total deposits
$80,642Interest-bearing deposits
$59Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$535Subordinated debt
$10,170All other liabilities
$10,170Total equity capital
$10,170Total bank equity capital
$0Perpetual preferred stock
$11,959Common stock
$685Surplus
$-2,474Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$185Income earned, not collected on loans
$49Earning assets
$439Long-term assets (5+ years)
$85,852Average Assets, year-to-date
$43,242Average Assets, quarterly
$81,277Volatile liabilities
$86,585Insider loans
$71,404FHLB advances
$86,998Loans and leases held for sale
$737Unused loan commitments
$737Tier 1 (core) risk-based capital
$9,473Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$9,968Restructured Loans and leases
$12,372Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,414Total interest income
$656Total interest expense
$3,758Net interest income
$259Provision for loan and lease losses
$281Total noninterest income
$0Fiduciary activities
$84Service charges on deposit accounts
$0Trading account gains & fees
$197Additional noninterest income
$3,583Total noninterest expense
$1,935Salaries and employee benefits
$403Premises and equipment expense
$1,245Additional noninterest expense
$197Pre-tax net operating income
$37Securities gains (losses)
-$469Applicable income taxes
$703Income before extraordinary items
$0Extraordinary gains - net
$703Net income attributable to bank
$0Net charge-offs
$703Cash dividends
$93Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.76%Yield on earning assets
0.86%Cost of funding earning assets
4.91%Net interest margin
0.37%Noninterest income to earning assets
4.68%Noninterest expense to earning assets
0.82%Net operating income to assets
0.86%Return on assets (ROA)
0.29%Pretax return on assets
7.33%Return on equity (ROE)
7.33%Retained earnings to average equity (YTD only)
0.16%Net charge-offs to loans
278.49%Credit loss provision to net charge-offs
4.90%Efficiency ratio
88,710Assets per employee
3.38%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.97%Loss allowance to noncurrent loans
686.49%Noncurrent assets plus other real estate owned to assets
0.20%Noncurrent loans to loans
0.29%Net loans and leases to deposits
78.41%Net loans and leases to core deposits
93.24%Equity capital to assets
11.13%Core capital (leverage) ratio
10.89%Tier 1 risk-based capital ratio
13.27%Total risk-based capital ratio
Memoranda
$15Average assets
$81,277Average earning assets
$9,595Average equity
$76,579Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
451131
Cornerstone Community Bank
237 South Main Street, Red Bluff, CA 96080
October 23, 2006
Full Service Brick and Mortar
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