Community West Bank, National Association in Goleta, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community West Bank, National Association - Overview

  • General
  • FDIC Certificate #: 27572
    Status: Active
    Federal Reserve ID: 1412712
    Bank Holding Company (Regulatory Top Holder): Community West Bancshares (RSSDID: 2626299, Location: Goleta, CA)
    Date Established: August 21, 1989
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: No)
    FDIC's unique #: 40357
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: August 21, 1989
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5827 Hollister Avenue, Goleta, CA 93117
    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)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $633.1 mil
    Equity capital: $52.9 mil
    Deposits held in domestic offices: $516.7 mil
    Return on assets (ROA): -1.52% (-$9.6 mil)
    Quarterly return on assets: -5.27% (-$33.4 mil)
    Return on Equity (ROE): -16.25% (-$8.6 mil)
    Quarterly return on equity: -58.88% (-$31.2 mil)
    Net income: -$9.9 mil
    Quarterly Net income: -$8.4 mil
    Pretax return on assets: -0.83% (-$5,254.4 mil)
    Quarterly Pretax return on assets: -1.81% (-$11,458.4 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 128Total employees (full-time equivalent)
  • $633,063Total assets
  • $22,894Cash and due from depository institutions
  • $347Interest-bearing balances
  • $38,923Securities
  • $25Federal funds sold & reverse repurchase agreements
  • $531,055Net loans & leases
  • $15,270Loan loss allowance
  • $0Trading account assets
  • $3,090Bank premises and fixed assets
  • $7,190Other real estate owned
  • $625Goodwill and other intangibles
  • $633,063Life insurance assets
  • $29,261All other assets
  • $580,211Total liabilities and capital
  • $516,672Total liabilities
  • $466,765Total deposits
  • $516,672Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $61,000Trading liabilities
  • $0Other borrowed funds
  • $2,539Subordinated debt
  • $52,852All other liabilities
  • $52,852Total equity capital
  • $52,852Total bank equity capital
  • $0Perpetual preferred stock
  • $4,052Common stock
  • $40,717Surplus
  • $8,083Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $77,303Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $42,927Income earned, not collected on loans
  • $15,333Earning assets
  • $2,422Long-term assets (5+ years)
  • $570,350Average Assets, year-to-date
  • $120,397Average Assets, quarterly
  • $650,203Volatile liabilities
  • $637,852Insider loans
  • $500,173FHLB advances
  • $637,434Loans and leases held for sale
  • $1,090Unused loan commitments
  • $1,090Tier 1 (core) risk-based capital
  • $52,649Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $35,531Restructured Loans and leases
  • $3,733Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $37,100Total interest income
  • $7,605Total interest expense
  • $29,495Net interest income
  • $14,591Provision for loan and lease losses
  • $4Total noninterest income
  • $0Fiduciary activities
  • $505Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$501Additional noninterest income
  • $20,275Total noninterest expense
  • $11,690Salaries and employee benefits
  • $2,291Premises and equipment expense
  • $6,294Additional noninterest expense
  • -$5,367Pre-tax net operating income
  • $0Securities gains (losses)
  • $4,492Applicable income taxes
  • -$9,859Income before extraordinary items
  • $0Extraordinary gains - net
  • -$9,859Net income attributable to bank
  • $0Net charge-offs
  • -$9,859Cash dividends
  • $12,623Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.22%Yield on earning assets
  • 1.28%Cost of funding earning assets
  • 4.95%Net interest margin
  • 0.00%Noninterest income to earning assets
  • 3.40%Noninterest expense to earning assets
  • -1.52%Net operating income to assets
  • -1.52%Return on assets (ROA)
  • -0.83%Pretax return on assets
  • -16.25%Return on equity (ROE)
  • -16.25%Retained earnings to average equity (YTD only)
  • 2.21%Net charge-offs to loans
  • 115.59%Credit loss provision to net charge-offs
  • 0.73%Efficiency ratio
  • 68,731Assets per employee
  • 4.95%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.80%Loss allowance to noncurrent loans
  • 35.57%Noncurrent assets plus other real estate owned to assets
  • 7.92%Noncurrent loans to loans
  • 7.86%Net loans and leases to deposits
  • 102.78%Net loans and leases to core deposits
  • 112.87%Equity capital to assets
  • 8.35%Core capital (leverage) ratio
  • 8.26%Tier 1 risk-based capital ratio
  • 10.53%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $650,203Average earning assets
  • $60,665Average equity
  • $596,048Average loans

List of branches

  • 7 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    040357Community West Bank, National Association5827 Hollister Avenue, Goleta, CA 93117August 21, 1989Full Service Brick and Mortar
    1262297Corporate Branch445 Pine Avenue, Goleta, CA 93117Febuary 24, 1994Limited Service Administrative
    2262298Ventura Branch1463 South Victoria Avenue, Ventura, CA 93003September 08, 1998Full Service Brick and Mortar
    3262299Ventura Cnty Messenger Serve Branch1463 South Victoria Avenue, Ventura, CA 93003September 08, 1998Limited Service Messenger
    4442548Santa Maria Branch2615 South Miller Street, Santa Maria, CA 93455May 01, 2005Full Service Brick and Mortar
    5453040Santa Barbara Branch1501 State Street, Santa Barbara, CA 93101October 18, 2005Full Service Brick and Mortar
    6465581Westlake Branch951 S. Westlake Blvd Ste 100, Westlake Village, CA 91361June 30, 2007Full Service Brick and Mortar

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