Golden Valley Bank in Chico, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Golden Valley Bank - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total 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
  • 26Total employees (full-time equivalent)
  • $110,695Total assets
  • $19,204Cash and due from depository institutions
  • $16,140Interest-bearing balances
  • $16,340Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $71,562Net loans & leases
  • $1,489Loan loss allowance
  • $0Trading account assets
  • $764Bank premises and fixed assets
  • $324Other real estate owned
  • $0Goodwill and other intangibles
  • $110,695Life insurance assets
  • $2,501All other assets
  • $94,143Total liabilities and capital
  • $93,196Total liabilities
  • $68,952Total deposits
  • $93,196Interest-bearing deposits
  • $82Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $947Subordinated debt
  • $16,552All other liabilities
  • $16,552Total equity capital
  • $16,552Total bank equity capital
  • $0Perpetual preferred stock
  • $15,448Common stock
  • $884Surplus
  • $220Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $466Income earned, not collected on loans
  • $0Earning assets
  • $310Long-term assets (5+ years)
  • $104,042Average Assets, year-to-date
  • $40,329Average Assets, quarterly
  • $106,854Volatile liabilities
  • $109,693Insider loans
  • $78,976FHLB advances
  • $111,185Loans and leases held for sale
  • $506Unused loan commitments
  • $506Tier 1 (core) risk-based capital
  • $16,353Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,055Restructured Loans and leases
  • $3,310Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,056Total interest income
  • $353Total interest expense
  • $4,703Net interest income
  • $310Provision for loan and lease losses
  • $424Total noninterest income
  • $0Fiduciary activities
  • $109Service charges on deposit accounts
  • $0Trading account gains & fees
  • $315Additional noninterest income
  • $3,626Total noninterest expense
  • $2,108Salaries and employee benefits
  • $338Premises and equipment expense
  • $1,180Additional noninterest expense
  • $1,191Pre-tax net operating income
  • $1Securities gains (losses)
  • $286Applicable income taxes
  • $906Income before extraordinary items
  • $0Extraordinary gains - net
  • $906Net income attributable to bank
  • $0Net charge-offs
  • $906Cash dividends
  • $464Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.01%Yield on earning assets
  • 0.35%Cost of funding earning assets
  • 4.66%Net interest margin
  • 0.42%Noninterest income to earning assets
  • 3.59%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.12%Pretax return on assets
  • 5.69%Return on equity (ROE)
  • 5.69%Retained earnings to average equity (YTD only)
  • 0.66%Net charge-offs to loans
  • 66.81%Credit loss provision to net charge-offs
  • 3.23%Efficiency ratio
  • 70,724Assets per employee
  • 4.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.04%Loss allowance to noncurrent loans
  • 319.53%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 76.79%Net loans and leases to core deposits
  • 81.03%Equity capital to assets
  • 14.95%Core capital (leverage) ratio
  • 14.71%Tier 1 risk-based capital ratio
  • 20.71%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $106,854Average earning assets
  • $15,923Average equity
  • $100,910Average loans

List of branches

  • 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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