County Commerce Bank in Ventura, California (CA)



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County Commerce Bank routing number info

Table of contents:
County Commerce Bank
GeneralFDIC Certificate #: 57423
Status: Active
Federal Reserve ID: 3170276
Date Established: Febuary 18, 2003
WWW: http://www.countycommercebank.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 #: 363507
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: Febuary 18, 2003
Last Structure Change Effective Date: January 09, 2008
Last Structure Change Process Date: January 09, 2008
Last Data Update: January 09, 2008
Data Source Date: April 05, 2012
LocationAddress: 3260 Telegraph Road, Ventura, CA 93003
County: Ventura
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): Ventura, CA (#8735)
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): Oxnard-Thousand Oaks-Ventura, CA (#37100)
CBSA Metro Statistical Area: Oxnard-Thousand Oaks-Ventura, CA (#37100)
Financial SummaryTotal assets: $185.5 mil
Equity capital: $16.2 mil
Deposits held in domestic offices: $160.6 mil
Return on assets (ROA): 0.86% ($1.6 mil)
Quarterly return on assets: 0.93% ($1.7 mil)
Return on Equity (ROE): 10.05% ($1.6 mil)
Quarterly return on equity: 10.72% ($1.7 mil)
Net income: $1.5 mil
Quarterly Net income: $0.4 mil
Pretax return on assets: 1.46% ($2,708.3 mil)
Quarterly Pretax return on assets: 1.57% ($2,912.3 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)
Total employees (full-time equivalent)26
Total assets$185,497
Cash and due from depository institutions$49,625
Interest-bearing balances$46,507
Securities$0
Federal funds sold & reverse repurchase agreements$25,875
Net loans & leases$103,593
Loan loss allowance $2,966
Trading account assets$0
Bank premises and fixed assets$3,657
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$2,747
Life insurance assets$185,497
Total liabilities and capital$169,341
Total liabilities$160,600
Total deposits$112,154
Interest-bearing deposits$160,600
Deposits held in domestic offices$85
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$8,000
Other borrowed funds $0
Subordinated debt $741
All other liabilities $16,156
Total equity capital$16,156
Total bank equity capital$16,156
Perpetual preferred stock$0
Common stock$9,193
Surplus$1,692
Undivided profits $5,271
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $3,187
Income earned, not collected on loans $0
Earning assets $0
Long-term assets (5+ years) $434
Average Assets, year-to-date $175,975
Average Assets, quarterly $42,164
Volatile liabilities $177,769
Insider loans $184,280
FHLB advances $118,284
Loans and leases held for sale $183,960
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $16,156
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $17,269
Derivatives$2,396
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $7,267
Total interest expense $779
Net interest income $6,488
Provision for loan and lease losses $299
Total noninterest income $315
Fiduciary activities $0
Service charges on deposit accounts $182
Trading account gains & fees $0
Additional noninterest income $133
Total noninterest expense $3,901
Salaries and employee benefits $2,082
Premises and equipment expense $488
Additional noninterest expense $1,331
Pre-tax net operating income $2,603
Securities gains (losses) $0
Applicable income taxes $1,070
Income before extraordinary items $1,533
Extraordinary gains - net $0
Net income attributable to bank $1,533
Net charge-offs $0
Cash dividends $1,533
Sale, conversion, retirement of capital stock, net $3
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.32%
Cost of funding earning assets 0.46%
Net interest margin 3.86%
Noninterest income to earning assets 0.19%
Noninterest expense to earning assets 2.32%
Net operating income to assets 0.86%
Return on assets (ROA) 0.86%
Pretax return on assets 1.46%
Return on equity (ROE) 10.05%
Retained earnings to average equity (YTD only) 10.05%
Net charge-offs to loans 0.00%
Credit loss provision to net charge-offs 9966.67%
Efficiency ratio967.33%
Assets per employee$57,342
Cash dividends to net income (YTD only)7.13%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.78%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 64.50%
Equity capital to assets 70.66%
Core capital (leverage) ratio 8.71%
Tier 1 risk-based capital ratio 8.78%
Total risk-based capital ratio 13.66%
Memoranda
Average assets$15
Average earning assets$177,769
Average equity $15,260
Average loans $168,148
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3 California Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0363507County Commerce Bank3260 Telegraph Road, Ventura, CA 93003Febuary 18, 2003Full Service Brick and Mortar
1426735Courier Service3260 Telegraph Road, Ventura, CA 93003Febuary 18, 2003Limited Service Messenger
2462644Gonzales Branch2400 E. Gonzales Road, Oxnard, CA 93036September 21, 2005Full Service Brick and Mortar
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