First Valley Bank in city_name, state_name - Detailed Financial Reports, Location

First Valley Bank in Lompoc, California (CA)
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First Valley Bank - Overview

General
FDIC Certificate #: 21024
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Santa Barbara Bank & Trust, National Association (#18169)
Federal Reserve ID: 778765
Date Established: April 04, 1973
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 14526
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: April 04, 1973
Last Structure Change Effective Date: April 01, 1997
Last Structure Change Process Date: May 06, 1997
Last Data Update: May 06, 1997
Data Source Date: April 05, 2012
Location
Address: 200 North H Street, Lompoc, CA 93436
County: Santa Barbara
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Los Angeles (West)
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Santa Barbara-Santa Maria-Lompoc, CA (#7480)
Core Based Statistical Area (CBSA): Santa Barbara-Santa Maria-Goleta, CA (#42060)
CBSA Metro Statistical Area: Santa Barbara-Santa Maria-Goleta, CA (#42060)
Financial Summary
Total assets: $123.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

Dollar figures in thousands
0Total employees (full-time equivalent)
$69Total assets
$125,163Cash and due from depository institutions
$5,050Interest-bearing balances
$0Securities
$47,209Federal funds sold & reverse repurchase agreements
$2,825Net loans & leases
$65,080Loan loss allowance
$1,266Trading account assets
$0Bank premises and fixed assets
$2,354Other real estate owned
$15Goodwill and other intangibles
$2,630Life insurance assets
$0All other assets
$0Total liabilities and capital
$125,163Total liabilities
$109,929Total deposits
$107,476Interest-bearing deposits
$92,542Deposits held in domestic offices
107476.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$2,185Subordinated debt
$0All other liabilities
$268Total equity capital
$268Total bank equity capital
$15,234Perpetual preferred stock
$0Common stock
$450Surplus
$800Undivided profits
Memoranda
$13,984Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$588Income earned, not collected on loans
$563Earning assets
$115,114Long-term assets (5+ years)
$2,614Average Assets, year-to-date
$128,220Average Assets, quarterly
$127,972Volatile liabilities
$18,307Insider loans
$1,505FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$10,681Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$15,343Total risk weighted assets
$75,515Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1996)

Dollar figures in thousands
$0Total interest income
$9,675Total interest expense
$3,830Net interest income
$5,845Provision for loan and lease losses
$0Total noninterest income
$933Fiduciary activities
$0Service charges on deposit accounts
$436Trading account gains & fees
$0Additional noninterest income
$497Total noninterest expense
$4,308Salaries and employee benefits
$1,990Premises and equipment expense
$770Additional noninterest expense
$1,548Pre-tax net operating income
$2,470Securities gains (losses)
$0Applicable income taxes
$877Income before extraordinary items
$1,593Extraordinary gains - net
$0Net income attributable to bank
$1,593Net charge-offs
$37Cash dividends
$203Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1996)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
8.21%Cost of funding earning assets
3.25%Net interest margin
4.96%Noninterest income to earning assets
0.79%Noninterest expense to earning assets
3.66%Net operating income to assets
1.24%Return on assets (ROA)
1.24%Pretax return on assets
1.93%Return on equity (ROE)
11.02%Retained earnings to average equity (YTD only)
9.62%Net charge-offs to loans
0.06%Credit loss provision to net charge-offs
0.00%Efficiency ratio
63,559Assets per employee
1.81%Cash dividends to net income (YTD only)
Condition Ratios (%)
12.74%Loss allowance to loans
1.91%Loss allowance to noncurrent loans
215.31%Noncurrent assets plus other real estate owned to assets
0.48%Noncurrent loans to loans
0.89%Net loans and leases to deposits
60.55%Net loans and leases to core deposits
71.24%Equity capital to assets
12.17%Core capital (leverage) ratio
11.88%Tier 1 risk-based capital ratio
20.32%Total risk-based capital ratio
Memoranda
$22Average assets
$128,220Average earning assets
$14,455Average equity
$117,802Average loans

First Valley Bank in Lompoc, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Valley Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

First Valley Bank in Lompoc, California (CA)Overview, Financial Summary, Detailed Financial Reports, Branches

First Valley Bank - Overview

Assets and Liabilities (December 31, 1996)

Income and Expense (December 31, 1996)

Performance and Condition Ratios (December 31, 1996)

Comment about this bank, ask questions, or add new information about it:

First Valley Bank in Lompoc, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches