Great Valley Bank in Ceres, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 28, 1996

Great Valley Bank in Ceres, California (CA)
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Great Valley Bank - Overview

General
FDIC Certificate #: 22428
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: Union Safe Deposit Bank (#8473)
Federal Reserve ID: 69762
Date Established: March 09, 1977
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 5 (Interstate: No)
FDIC's unique #: 15627
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: March 09, 1977
Last Structure Change Effective Date: June 28, 1996
Last Structure Change Process Date: July 12, 1996
Last Data Update: July 12, 1996
Data Source Date: April 05, 2012
Location
Address: 2501 East Whitmore Avenue, Ceres, CA 95307
County: Stanislaus
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
Metropolitan Statistical Area (MSA): Modesto, CA (#5170)
Core Based Statistical Area (CBSA): Modesto, CA (#33700)
CBSA Metro Statistical Area: Modesto, CA (#33700)
Financial Summary
Total assets: $75.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

Dollar figures in thousands
0Total employees (full-time equivalent)
$50Total assets
$79,286Cash and due from depository institutions
$9,024Interest-bearing balances
$3,036Securities
$35,473Federal funds sold & reverse repurchase agreements
$3,000Net loans & leases
$27,508Loan loss allowance
$1,136Trading account assets
$0Bank premises and fixed assets
$1,449Other real estate owned
$1,384Goodwill and other intangibles
$1,448Life insurance assets
$0All other assets
$0Total liabilities and capital
$79,286Total liabilities
$68,556Total deposits
$68,085Interest-bearing deposits
$53,887Deposits held in domestic offices
68085.00%% insured (estimated)
$88Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$243Subordinated debt
$0All other liabilities
$228Total equity capital
$228Total bank equity capital
$10,730Perpetual preferred stock
$0Common stock
$1,379Surplus
$4,169Undivided profits
Memoranda
$5,182Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$1,649Income earned, not collected on loans
$180Earning assets
$69,017Long-term assets (5+ years)
$10,356Average Assets, year-to-date
$80,822Average Assets, quarterly
$79,835Volatile liabilities
$9,864Insider loans
$0FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$3,016Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$10,550Total risk weighted assets
$42,883Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1995)

Dollar figures in thousands
$0Total interest income
$5,246Total interest expense
$2,323Net interest income
$2,923Provision for loan and lease losses
$30Total noninterest income
$555Fiduciary activities
$0Service charges on deposit accounts
$478Trading account gains & fees
$0Additional noninterest income
$77Total noninterest expense
$3,445Salaries and employee benefits
$1,680Premises and equipment expense
$472Additional noninterest expense
$1,293Pre-tax net operating income
$3Securities gains (losses)
-$16Applicable income taxes
-$5Income before extraordinary items
-$8Extraordinary gains - net
$0Net income attributable to bank
-$8Net charge-offs
$334Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1995)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.54%Cost of funding earning assets
3.34%Net interest margin
4.20%Noninterest income to earning assets
0.80%Noninterest expense to earning assets
4.95%Net operating income to assets
0.00%Return on assets (ROA)
-0.01%Pretax return on assets
-0.02%Return on equity (ROE)
-0.08%Retained earnings to average equity (YTD only)
-0.08%Net charge-offs to loans
0.99%Credit loss provision to net charge-offs
8.98%Efficiency ratio
99,051Assets per employee
1.59%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.97%Loss allowance to noncurrent loans
68.89%Noncurrent assets plus other real estate owned to assets
3.83%Noncurrent loans to loans
5.76%Net loans and leases to deposits
40.40%Net loans and leases to core deposits
47.05%Equity capital to assets
13.53%Core capital (leverage) ratio
13.08%Tier 1 risk-based capital ratio
24.60%Total risk-based capital ratio
Memoranda
$26Average assets
$80,822Average earning assets
$10,553Average equity
$69,575Average loans

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