Mission Valley Bank in Sun Valley, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Mission Valley Bank in Sun Valley, California (CA)
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Mission Valley Bank - Overview

  • General
  • FDIC Certificate #: 57101
    Status: Active
    Federal Reserve ID: 3039636
    Bank Holding Company (Regulatory Top Holder): Mission Valley Bancorp (RSSDID: 3364600, Location: Sun Valley, CA)
    Date Established: July 12, 2001
    WWW: http://www.missionvalleybank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 357688
    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: July 12, 2001
    Last Structure Change Effective Date: November 15, 2010
    Last Structure Change Process Date: November 15, 2010
    Last Data Update: November 15, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 9116 Sunland Boulevard, Sun Valley, CA 91352
    County: Los Angeles
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
    Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
    Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
    Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100)
    CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
    Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $246.0 mil
    Equity capital: $34.5 mil
    Deposits held in domestic offices: $187.9 mil
    Return on assets (ROA): 0.52% ($1.3 mil)
    Quarterly return on assets: 0.96% ($2.4 mil)
    Return on Equity (ROE): 3.86% ($1.3 mil)
    Quarterly return on equity: 6.86% ($2.3 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 0.81% ($1,992.9 mil)
    Quarterly Pretax return on assets: 1.56% ($3,838.1 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
  • 66Total employees (full-time equivalent)
  • $246,033Total assets
  • $20,625Cash and due from depository institutions
  • $11,179Interest-bearing balances
  • $22,369Securities
  • $21,730Federal funds sold & reverse repurchase agreements
  • $169,467Net loans & leases
  • $5,306Loan loss allowance
  • $0Trading account assets
  • $838Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $246,033Life insurance assets
  • $11,004All other assets
  • $211,577Total liabilities and capital
  • $187,860Total liabilities
  • $119,284Total deposits
  • $187,860Interest-bearing deposits
  • $75Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $21,000Trading liabilities
  • $0Other borrowed funds
  • $2,717Subordinated debt
  • $34,456All other liabilities
  • $34,456Total equity capital
  • $34,456Total bank equity capital
  • $0Perpetual preferred stock
  • $9,717Common stock
  • $18,416Surplus
  • $6,323Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,791Income earned, not collected on loans
  • $149Earning assets
  • $782Long-term assets (5+ years)
  • $224,745Average Assets, year-to-date
  • $35,502Average Assets, quarterly
  • $249,463Volatile liabilities
  • $243,761Insider loans
  • $189,617FHLB advances
  • $245,841Loans and leases held for sale
  • $5,579Unused loan commitments
  • $5,579Tier 1 (core) risk-based capital
  • $34,264Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $22,696Restructured Loans and leases
  • $2,137Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $13,058Total interest income
  • $1,711Total interest expense
  • $11,347Net interest income
  • $1,331Provision for loan and lease losses
  • $2,813Total noninterest income
  • $0Fiduciary activities
  • $1,828Service charges on deposit accounts
  • $0Trading account gains & fees
  • $985Additional noninterest income
  • $10,805Total noninterest expense
  • $5,923Salaries and employee benefits
  • $1,658Premises and equipment expense
  • $3,224Additional noninterest expense
  • $2,024Pre-tax net operating income
  • $0Securities gains (losses)
  • $723Applicable income taxes
  • $1,301Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,301Net income attributable to bank
  • $0Net charge-offs
  • $1,301Cash dividends
  • $1,766Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.68%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 4.94%Net interest margin
  • 1.22%Noninterest income to earning assets
  • 4.70%Noninterest expense to earning assets
  • 0.52%Net operating income to assets
  • 0.52%Return on assets (ROA)
  • 0.81%Pretax return on assets
  • 3.86%Return on equity (ROE)
  • 3.86%Retained earnings to average equity (YTD only)
  • 0.97%Net charge-offs to loans
  • 75.37%Credit loss provision to net charge-offs
  • 1.90%Efficiency ratio
  • 76,306Assets per employee
  • 3.73%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.04%Loss allowance to noncurrent loans
  • 91.62%Noncurrent assets plus other real estate owned to assets
  • 2.35%Noncurrent loans to loans
  • 3.31%Net loans and leases to deposits
  • 90.21%Net loans and leases to core deposits
  • 121.85%Equity capital to assets
  • 14.00%Core capital (leverage) ratio
  • 13.94%Tier 1 risk-based capital ratio
  • 18.07%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $249,463Average earning assets
  • $33,701Average equity
  • $229,716Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0357688Mission Valley Bank9116 Sunland Boulevard, Sun Valley, CA 91352July 12, 2001Full Service Brick and Mortar
    1437846Valencia Branch25060 Avenue Stanford, Valencia, CA 91355September 21, 2004Full Service Brick and Mortar
    2478888Centre Point Branch26415 Carl Boyer Drive, Santa Clarita, CA 91350October 15, 2007Full Service Brick and Mortar

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