Golden Valley Bank in Chico, California (CA)



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Golden Valley Bank routing number info

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Golden Valley Bank
GeneralFDIC Certificate #: 58278
Status: Active
Federal Reserve ID: 3440803
Date Established: April 24, 2006
WWW: http://www.goldenvalleybank.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 #: 445242
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 24, 2006
Last Structure Change Effective Date: April 26, 2006
Last Structure Change Process Date: April 26, 2006
Last Data Update: April 26, 2006
Data Source Date: April 05, 2012
LocationAddress: 190 Cohasset Road, Suite 170, Chico, CA 95926
County: Butte
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): Chico-Paradise, CA (#1620)
Core Based Statistical Area (CBSA): Chico, CA (#17020)
CBSA Metro Statistical Area: Chico, CA (#17020)
History of ChangesChange in Geographic Region/Area/Territory/Field Office
Financial SummaryTotal assets: $110.7 mil
Equity capital: $16.6 mil
Deposits held in domestic offices: $93.2 mil
Return on assets (ROA): 0.85% ($0.9 mil)
Quarterly return on assets: 1.14% ($1.3 mil)
Return on Equity (ROE): 5.69% ($1.0 mil)
Quarterly return on equity: 7.64% ($1.3 mil)
Net income: $0.9 mil
Quarterly Net income: $0.3 mil
Pretax return on assets: 1.12% ($1,239.8 mil)
Quarterly Pretax return on assets: 1.62% ($1,793.3 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$110,695
Cash and due from depository institutions$19,204
Interest-bearing balances$16,140
Securities$16,340
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$71,562
Loan loss allowance $1,489
Trading account assets$0
Bank premises and fixed assets$764
Other real estate owned$324
Goodwill and other intangibles$0
All other assets$2,501
Life insurance assets$110,695
Total liabilities and capital$94,143
Total liabilities$93,196
Total deposits$68,952
Interest-bearing deposits$93,196
Deposits held in domestic offices$82
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $947
All other liabilities $16,552
Total equity capital$16,552
Total bank equity capital$16,552
Perpetual preferred stock$0
Common stock$15,448
Surplus$884
Undivided profits $220
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $466
Earning assets $0
Long-term assets (5+ years) $310
Average Assets, year-to-date $104,042
Average Assets, quarterly $40,329
Volatile liabilities $106,854
Insider loans $109,693
FHLB advances $78,976
Loans and leases held for sale $111,185
Unused loan commitments $506
Tier 1 (core) risk-based capital $506
Tier 2 risk-based capital $16,353
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $21,055
Derivatives$3,310
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $5,056
Total interest expense $353
Net interest income $4,703
Provision for loan and lease losses $310
Total noninterest income $424
Fiduciary activities $0
Service charges on deposit accounts $109
Trading account gains & fees $0
Additional noninterest income $315
Total noninterest expense $3,626
Salaries and employee benefits $2,108
Premises and equipment expense $338
Additional noninterest expense $1,180
Pre-tax net operating income $1,191
Securities gains (losses) $1
Applicable income taxes $286
Income before extraordinary items $906
Extraordinary gains - net $0
Net income attributable to bank $906
Net charge-offs $0
Cash dividends $906
Sale, conversion, retirement of capital stock, net $464
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 assets5.01%
Cost of funding earning assets 0.35%
Net interest margin 4.66%
Noninterest income to earning assets 0.42%
Noninterest expense to earning assets 3.59%
Net operating income to assets 0.85%
Return on assets (ROA) 0.85%
Pretax return on assets 1.12%
Return on equity (ROE) 5.69%
Retained earnings to average equity (YTD only) 5.69%
Net charge-offs to loans 0.66%
Credit loss provision to net charge-offs 66.81%
Efficiency ratio3.23%
Assets per employee$70,724
Cash dividends to net income (YTD only)4.26%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 2.04%
Noncurrent assets plus other real estate owned to assets 319.53%
Noncurrent loans to loans 0.71%
Net loans and leases to deposits0.64%
Net loans and leases to core deposits 76.79%
Equity capital to assets 81.03%
Core capital (leverage) ratio 14.95%
Tier 1 risk-based capital ratio 14.71%
Total risk-based capital ratio 20.71%
Memoranda
Average assets$22
Average earning assets$106,854
Average equity $15,923
Average loans $100,910
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1 California Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0445242Golden Valley Bank190 Cohasset Road, Suite 170, Chico, CA 95926April 24, 2006Full Service Brick and Mortar
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