American Riviera Bank in Santa Barbara, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


American Riviera Bank - Overview

  • General
  • FDIC Certificate #: 58281
    Status: Active
    Federal Reserve ID: 3388482
    Date Established: July 18, 2006
    WWW: http://www.americanrivierabank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 445289
    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 18, 2006
    Last Structure Change Effective Date: September 30, 2008
    Last Structure Change Process Date: September 30, 2008
    Last Data Update: September 30, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1033 Anacapa Street, Santa Barbara, CA 93101
    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: $142.2 mil
    Equity capital: $22.3 mil
    Deposits held in domestic offices: $114.3 mil
    Return on assets (ROA): 2.40% ($3.4 mil)
    Quarterly return on assets: 1.02% ($1.4 mil)
    Return on Equity (ROE): 16.25% ($3.6 mil)
    Quarterly return on equity: 6.39% ($1.4 mil)
    Net income: $3.3 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.67% ($953.0 mil)
    Quarterly Pretax return on assets: -0.61% (-$867.6 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
  • 21Total employees (full-time equivalent)
  • $142,235Total assets
  • $9,195Cash and due from depository institutions
  • $5,290Interest-bearing balances
  • $11,239Securities
  • $5,040Federal funds sold & reverse repurchase agreements
  • $105,483Net loans & leases
  • $2,541Loan loss allowance
  • $0Trading account assets
  • $728Bank premises and fixed assets
  • $3,549Other real estate owned
  • $0Goodwill and other intangibles
  • $142,235Life insurance assets
  • $7,001All other assets
  • $119,958Total liabilities and capital
  • $114,263Total liabilities
  • $90,893Total deposits
  • $114,263Interest-bearing deposits
  • $79Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $695Subordinated debt
  • $22,277All other liabilities
  • $22,277Total equity capital
  • $22,277Total bank equity capital
  • $0Perpetual preferred stock
  • $24,892Common stock
  • $1,514Surplus
  • $-4,129Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $451Long-term assets (5+ years)
  • $127,052Average Assets, year-to-date
  • $52,427Average Assets, quarterly
  • $137,685Volatile liabilities
  • $138,978Insider loans
  • $115,818FHLB advances
  • $139,799Loans and leases held for sale
  • $3,014Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $20,393Tier 2 risk-based capital
  • $2,008Total risk weighted assets
  • $1,006Total unused commitments
  • $21,799Restructured Loans and leases
  • $1,782Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,058Total interest income
  • $739Total interest expense
  • $6,319Net interest income
  • $810Provision for loan and lease losses
  • -$146Total noninterest income
  • $0Fiduciary activities
  • $31Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$177Additional noninterest income
  • $4,479Total noninterest expense
  • $2,217Salaries and employee benefits
  • $736Premises and equipment expense
  • $1,526Additional noninterest expense
  • $884Pre-tax net operating income
  • $39Securities gains (losses)
  • -$2,383Applicable income taxes
  • $3,306Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,306Net income attributable to bank
  • $0Net charge-offs
  • $3,306Cash dividends
  • $1,440Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.52%Yield on earning assets
  • 0.58%Cost of funding earning assets
  • 4.95%Net interest margin
  • -0.11%Noninterest income to earning assets
  • 3.51%Noninterest expense to earning assets
  • 2.37%Net operating income to assets
  • 2.40%Return on assets (ROA)
  • 0.67%Pretax return on assets
  • 16.25%Return on equity (ROE)
  • 16.25%Retained earnings to average equity (YTD only)
  • 1.46%Net charge-offs to loans
  • 56.25%Credit loss provision to net charge-offs
  • 1.18%Efficiency ratio
  • 72,558Assets per employee
  • 6.77%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.35%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 2.50%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 92.32%Net loans and leases to core deposits
  • 97.44%Equity capital to assets
  • 15.66%Core capital (leverage) ratio
  • 14.59%Tier 1 risk-based capital ratio
  • 17.61%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $137,685Average earning assets
  • $20,348Average equity
  • $127,776Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0445289American Riviera Bank1033 Anacapa Street, Santa Barbara, CA 93101July 18, 2006Full Service Brick and Mortar

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