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

Pacific Valley Bank in Salinas, California (CA)
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Pacific Valley Bank routing number info

Pacific Valley Bank - Overview

General
FDIC Certificate #: 57740
Status: Active
Federal Reserve ID: 3293540
Date Established: September 14, 2004
WWW: http://www.pacificvalleybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Domestic: 4, Interstate: No)
FDIC's unique #: 423295
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: September 14, 2004
Last Structure Change Effective Date: September 30, 2009
Last Structure Change Process Date: September 30, 2009
Last Data Update: September 30, 2009
Data Source Date: April 05, 2012
Location
Address: 422 Main Street, Salinas, CA 93901
County: Monterey
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: San Francisco
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Salinas, CA (#7120)
Core Based Statistical Area (CBSA): Salinas, CA (#41500)
CBSA Metro Statistical Area: Salinas, CA (#41500)
History of Changes
Change in Location
Financial Summary
Total assets: $178.2 mil
Equity capital: $19.4 mil
Deposits held in domestic offices: $156.0 mil
Return on assets (ROA): 0.69% ($1.2 mil)
Quarterly return on assets: 0.73% ($1.3 mil)
Return on Equity (ROE): 6.37% ($1.2 mil)
Quarterly return on equity: 6.66% ($1.3 mil)
Net income: $1.2 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 0.70% ($1,247.4 mil)
Quarterly Pretax return on assets: 0.67% ($1,193.9 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
38Total employees (full-time equivalent)
$178,196Total assets
$8,826Cash and due from depository institutions
$248Interest-bearing balances
$5,791Securities
$26,905Federal funds sold & reverse repurchase agreements
$132,873Net loans & leases
$3,537Loan loss allowance
$0Trading account assets
$1,406Bank premises and fixed assets
$490Other real estate owned
$0Goodwill and other intangibles
$178,196Life insurance assets
$1,905All other assets
$158,824Total liabilities and capital
$156,042Total liabilities
$109,034Total deposits
$156,042Interest-bearing deposits
$90Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$2,000Trading liabilities
$0Other borrowed funds
$782Subordinated debt
$19,372All other liabilities
$19,372Total equity capital
$19,372Total bank equity capital
$0Perpetual preferred stock
$31,183Common stock
$1,330Surplus
$-13,141Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,060Income earned, not collected on loans
$0Earning assets
$571Long-term assets (5+ years)
$165,817Average Assets, year-to-date
$14,230Average Assets, quarterly
$172,963Volatile liabilities
$176,000Insider loans
$145,711FHLB advances
$173,474Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$19,149Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$18,090Restructured Loans and leases
$11,715Derivatives

Income and Expense (December 31, 2011)

Dollar figures in thousands
$8,266Total interest income
$1,275Total interest expense
$6,991Net interest income
$265Provision for loan and lease losses
$251Total noninterest income
$0Fiduciary activities
$135Service charges on deposit accounts
$0Trading account gains & fees
$116Additional noninterest income
$5,769Total noninterest expense
$3,190Salaries and employee benefits
$664Premises and equipment expense
$1,915Additional noninterest expense
$1,208Pre-tax net operating income
$0Securities gains (losses)
$10Applicable income taxes
$1,198Income before extraordinary items
$0Extraordinary gains - net
$1,198Net income attributable to bank
$0Net charge-offs
$1,198Cash dividends
$1,164Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 2011)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.08%Yield on earning assets
0.78%Cost of funding earning assets
4.29%Net interest margin
0.15%Noninterest income to earning assets
3.54%Noninterest expense to earning assets
0.69%Net operating income to assets
0.69%Return on assets (ROA)
0.70%Pretax return on assets
6.37%Return on equity (ROE)
6.37%Retained earnings to average equity (YTD only)
0.91%Net charge-offs to loans
22.77%Credit loss provision to net charge-offs
1.27%Efficiency ratio
79,660Assets per employee
4.69%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.59%Loss allowance to noncurrent loans
69.90%Noncurrent assets plus other real estate owned to assets
3.11%Noncurrent loans to loans
3.71%Net loans and leases to deposits
85.15%Net loans and leases to core deposits
91.81%Equity capital to assets
10.87%Core capital (leverage) ratio
11.04%Tier 1 risk-based capital ratio
13.14%Total risk-based capital ratio
Memoranda
$14Average assets
$172,963Average earning assets
$18,794Average equity
$162,790Average loans

List of branches

4 California Branches as of April 05, 2012

No	ID	Name	Address	Established	Service Type
0	423295	Pacific Valley Bank	422 Main Street, Salinas, CA 93901	September 14, 2004	Full Service Brick and Mortar
1	452062	Salinas Main Branch	422 Main Street, Salinas, CA 93901	June 26, 2006	Full Service Brick and Mortar
2	457318	King City Branch	302 Broadway Street, King City, CA 93930	December 18, 2006	Full Service Brick and Mortar
4	463034	Monterey Branch	498 Alvarado Street, Monterey, CA 93940	May 07, 2007	Full Service Brick and Mortar

Pacific Valley Bank in Salinas, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Pacific Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Pacific Valley Bank in Salinas, California (CA)Overview, Financial Summary, Detailed Financial Reports, Branches

Pacific Valley Bank - Overview

Assets and Liabilities (December 31, 2011)

Income and Expense (December 31, 2011)

Performance and Condition Ratios (December 31, 2011)

List of branches

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

Pacific Valley Bank in Salinas, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches