LCA Bank Corporation in Park City, Utah (UT)
Overview, Financial Summary, Detailed Financial Reports, Branches


LCA Bank Corporation - Overview

  • General
  • FDIC Certificate #: 58148
    Status: Active
    Federal Reserve ID: 3407084
    Date Established: January 26, 2006
    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 #: 440523
    Numeric code: 23
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: January 26, 2006
    Last Structure Change Effective Date: December 03, 2008
    Last Structure Change Process Date: December 03, 2008
    Last Data Update: December 03, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1375 Deer Valley Drive, Suite 218, Park City, UT 84060
    County: Summit
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Salt Lake City
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: West
    Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482)
    Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620)
    CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
  • History of Changes
  • Corrections
  • Financial Summary
  • Total assets: $67.3 mil
    Equity capital: $11.4 mil
    Deposits held in domestic offices: $52.3 mil
    Return on assets (ROA): 3.47% ($2.3 mil)
    Quarterly return on assets: 3.59% ($2.4 mil)
    Return on Equity (ROE): 24.56% ($2.7 mil)
    Quarterly return on equity: 21.74% ($2.4 mil)
    Net income: $2.2 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 5.59% ($3,764.5 mil)
    Quarterly Pretax return on assets: 5.77% ($3,885.7 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
  • 7Total employees (full-time equivalent)
  • $67,343Total assets
  • $538Cash and due from depository institutions
  • $0Interest-bearing balances
  • $488Securities
  • $3,304Federal funds sold & reverse repurchase agreements
  • $62,721Net loans & leases
  • $1,771Loan loss allowance
  • $0Trading account assets
  • $7Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $67,343Life insurance assets
  • $285All other assets
  • $55,992Total liabilities and capital
  • $52,339Total liabilities
  • $51,946Total deposits
  • $52,339Interest-bearing deposits
  • $100Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $452Trading liabilities
  • $0Other borrowed funds
  • $3,201Subordinated debt
  • $11,351All other liabilities
  • $11,351Total equity capital
  • $11,351Total bank equity capital
  • $2,727Perpetual preferred stock
  • $1Common stock
  • $4,999Surplus
  • $3,624Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $27Income earned, not collected on loans
  • $0Earning assets
  • $12Long-term assets (5+ years)
  • $66,513Average Assets, year-to-date
  • $2,602Average Assets, quarterly
  • $64,170Volatile liabilities
  • $67,772Insider loans
  • $64,867FHLB advances
  • $68,241Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $11,351Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $165Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,190Total interest income
  • $1,117Total interest expense
  • $7,073Net interest income
  • $389Provision for loan and lease losses
  • $223Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $223Additional noninterest income
  • $3,318Total noninterest expense
  • $373Salaries and employee benefits
  • $42Premises and equipment expense
  • $2,903Additional noninterest expense
  • $3,589Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,362Applicable income taxes
  • $2,227Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,227Net income attributable to bank
  • $0Net charge-offs
  • $2,227Cash dividends
  • $344Sale, conversion, retirement of capital stock, net
  • $793Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 12.95%Yield on earning assets
  • 1.77%Cost of funding earning assets
  • 11.18%Net interest margin
  • 0.35%Noninterest income to earning assets
  • 5.25%Noninterest expense to earning assets
  • 3.47%Net operating income to assets
  • 3.47%Return on assets (ROA)
  • 5.59%Pretax return on assets
  • 24.56%Return on equity (ROE)
  • 15.82%Retained earnings to average equity (YTD only)
  • 0.57%Net charge-offs to loans
  • 113.08%Credit loss provision to net charge-offs
  • 11.56%Efficiency ratio
  • 45,477Assets per employee
  • 9.62%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 35.61%Loss allowance to loans
  • 2.75%Loss allowance to noncurrent loans
  • 6559.26%Noncurrent assets plus other real estate owned to assets
  • 0.04%Noncurrent loans to loans
  • 0.04%Net loans and leases to deposits
  • 119.84%Net loans and leases to core deposits
  • 14158.24%Equity capital to assets
  • 16.86%Core capital (leverage) ratio
  • 16.63%Tier 1 risk-based capital ratio
  • 17.50%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $64,170Average earning assets
  • $9,066Average equity
  • $63,258Average loans

List of branches

  • 1 Utah Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0440523Lca Bank Corporation1375 Deer Valley Drive, Suite 218, Park City, UT 84060January 26, 2006Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

CAPTCHA

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with LCA Bank Corporation.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents