FDIC Certificate #: 35215 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Central Valley Community Bank (#23030) Federal Reserve ID: 2857806 Date Established: November 10, 1999 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 76182 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes State Chartered: Yes Date of Deposit Insurance: November 10, 1999 Last Structure Change Effective Date: November 13, 2008 Last Structure Change Process Date: November 25, 2008 Last Data Update: November 25, 2008 Data Source Date: April 05, 2012
Location
Address: 2800 West March Lane, Suite 120, Stockton, CA 95219 County: San Joaquin 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): Stockton-Lodi, CA (#8120) Core Based Statistical Area (CBSA): Stockton, CA (#44700) CBSA Metro Statistical Area: Stockton, CA (#44700)
Financial Summary
Total assets: $231.1 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2007)
Dollar figures in thousands
37Total employees (full-time equivalent)
$228,346Total assets
$6,822Cash and due from depository institutions
$387Interest-bearing balances
$95,499Securities
$4,653Federal funds sold & reverse repurchase agreements
$113,169Net loans & leases
$1,558Loan loss allowance
$0Trading account assets
$1,228Bank premises and fixed assets
$0Other real estate owned
$28Goodwill and other intangibles
$3,698Life insurance assets
$6,947All other assets
$228,346Total liabilities and capital
$207,691Total liabilities
$202,461Total deposits
$175,461Interest-bearing deposits
$202,461Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$4,000Other borrowed funds
$0Subordinated debt
$1,230All other liabilities
$20,655Total equity capital
$20,655Total bank equity capital
$20,655Perpetual preferred stock
$0Common stock
$17,165Surplus
$48Undivided profits
Memoranda
$3,442Noncurrent loans and leases
$35,837Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$2,006Earning assets
$353Long-term assets (5+ years)
$1,505Average Assets, year-to-date
$213,708Average Assets, quarterly
$76,757Volatile liabilities
$222,661Insider loans
$230,627FHLB advances
$23,620Loans and leases held for sale
$5,733Unused loan commitments
$4,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$35,837Total unused commitments
$0Restructured Loans and leases
$1,598Derivatives
Income and Expense (December 31, 2007)
Dollar figures in thousands
$14,886Total interest income
$7,646Total interest expense
$7,240Net interest income
$935Provision for loan and lease losses
$740Total noninterest income
$0Fiduciary activities
$177Service charges on deposit accounts
$0Trading account gains & fees
$563Additional noninterest income
$5,895Total noninterest expense
$3,281Salaries and employee benefits
$891Premises and equipment expense
$1,723Additional noninterest expense
$1,150Pre-tax net operating income
-$7Securities gains (losses)
$103Applicable income taxes
$1,040Income before extraordinary items
$0Extraordinary gains - net
$1,040Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$806Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2007)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.11%Yield on earning assets
3.65%Cost of funding earning assets
3.46%Net interest margin
0.35%Noninterest income to earning assets
2.82%Noninterest expense to earning assets
0.47%Net operating income to assets
0.47%Return on assets (ROA)
0.51%Pretax return on assets
5.21%Return on equity (ROE)
5.21%Retained earnings to average equity (YTD only)
0.69%Net charge-offs to loans
116.00%Credit loss provision to net charge-offs
2.59%Efficiency ratio
73,872Assets per employee
6.17%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.36%Loss allowance to noncurrent loans
77.67%Noncurrent assets plus other real estate owned to assets
0.88%Noncurrent loans to loans
1.75%Net loans and leases to deposits
55.90%Net loans and leases to core deposits
61.89%Equity capital to assets
9.05%Core capital (leverage) ratio
8.90%Tier 1 risk-based capital ratio
12.51%Total risk-based capital ratio
Memoranda
$13Average assets
$222,661Average earning assets
$19,970Average equity
$209,312Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Service 1st Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: