Folsom Lake Bank in Folsom, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Folsom Lake Bank - Overview

  • General
  • FDIC Certificate #: 58503
    Status: Active
    Federal Reserve ID: 3590977
    Date Established: April 02, 2007
    WWW: http://www.folsomlakebank.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 #: 454709
    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: April 02, 2007
    Last Structure Change Effective Date: April 02, 2007
    Last Structure Change Process Date: April 02, 2007
    Last Data Update: April 02, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 905 Sutter Street, Suite 100, Folsom, CA 95630
    County: Sacramento
    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): Sacramento, CA (#6920)
    Consolidated Metropolitan Statistical Area (CMSA): Sacramento-Yolo, CA (#82)
    Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
    Core Based Statistical Area (CBSA): Sacramento-Arden-Arcade-Roseville, CA (#40900)
    CBSA Metro Statistical Area: Sacramento-Arden-Arcade-Roseville, CA (#40900)
  • History of Changes
  • Name Change
    Change in Geographic Region/Area/Territory/Field Office
    Change in Location
  • Financial Summary
  • Total assets: $116.5 mil
    Equity capital: $12.6 mil
    Deposits held in domestic offices: $97.4 mil
    Return on assets (ROA): 0.43% ($0.5 mil)
    Quarterly return on assets: 0.87% ($1.0 mil)
    Return on Equity (ROE): 4.01% ($0.5 mil)
    Quarterly return on equity: 8.01% ($1.0 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.3 mil
    Pretax return on assets: 0.21% ($244.6 mil)
    Quarterly Pretax return on assets: 0.35% ($407.7 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
  • 20Total employees (full-time equivalent)
  • $116,494Total assets
  • $11,123Cash and due from depository institutions
  • $9,978Interest-bearing balances
  • $29,806Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $71,845Net loans & leases
  • $1,691Loan loss allowance
  • $0Trading account assets
  • $924Bank premises and fixed assets
  • $780Other real estate owned
  • $0Goodwill and other intangibles
  • $116,494Life insurance assets
  • $2,016All other assets
  • $103,868Total liabilities and capital
  • $97,449Total liabilities
  • $74,613Total deposits
  • $97,449Interest-bearing deposits
  • $85Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,925Trading liabilities
  • $0Other borrowed funds
  • $494Subordinated debt
  • $12,626All other liabilities
  • $12,626Total equity capital
  • $12,626Total bank equity capital
  • $0Perpetual preferred stock
  • $15,826Common stock
  • $1,055Surplus
  • $-4,255Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,094Income earned, not collected on loans
  • $0Earning assets
  • $429Long-term assets (5+ years)
  • $111,629Average Assets, year-to-date
  • $77,573Average Assets, quarterly
  • $114,626Volatile liabilities
  • $116,408Insider loans
  • $84,785FHLB advances
  • $118,879Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,183Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,450Restructured Loans and leases
  • $3,055Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,326Total interest income
  • $837Total interest expense
  • $4,489Net interest income
  • $560Provision for loan and lease losses
  • -$167Total noninterest income
  • $0Fiduciary activities
  • $23Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$190Additional noninterest income
  • $3,668Total noninterest expense
  • $1,983Salaries and employee benefits
  • $478Premises and equipment expense
  • $1,207Additional noninterest expense
  • $94Pre-tax net operating income
  • $148Securities gains (losses)
  • -$251Applicable income taxes
  • $493Income before extraordinary items
  • $0Extraordinary gains - net
  • $493Net income attributable to bank
  • $0Net charge-offs
  • $493Cash dividends
  • $344Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.86%Yield on earning assets
  • 0.76%Cost of funding earning assets
  • 4.10%Net interest margin
  • -0.15%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.43%Return on assets (ROA)
  • 0.21%Pretax return on assets
  • 4.01%Return on equity (ROE)
  • 4.01%Retained earnings to average equity (YTD only)
  • 0.46%Net charge-offs to loans
  • 162.79%Credit loss provision to net charge-offs
  • 1.90%Efficiency ratio
  • 84,868Assets per employee
  • 5.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.30%Loss allowance to noncurrent loans
  • 80.75%Noncurrent assets plus other real estate owned to assets
  • 2.47%Noncurrent loans to loans
  • 2.85%Net loans and leases to deposits
  • 73.73%Net loans and leases to core deposits
  • 84.59%Equity capital to assets
  • 10.84%Core capital (leverage) ratio
  • 10.25%Tier 1 risk-based capital ratio
  • 14.37%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $114,626Average earning assets
  • $12,291Average equity
  • $109,514Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0454709Folsom Lake Bank905 Sutter Street, Suite 100, Folsom, CA 95630April 02, 2007Full Service Brick and Mortar
    1463537Courier Service905 Sutter Street, Folsom, CA 95630May 23, 2007Limited Service Messenger
    3510624Roseville Branch2233 Douglas Blvd., Suite 300, Roseville, CA 95661July 07, 2009Full Service Brick and Mortar

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