Lighthouse Bank in Santa Cruz, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

Lighthouse Bank - Overview

  • General
  • FDIC Certificate #: 58646
    Status: Active
    Federal Reserve ID: 3648337
    Date Established: October 29, 2007
    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 #: 461040
    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: October 29, 2007
    Last Structure Change Effective Date: May 13, 2008
    Last Structure Change Process Date: May 13, 2008
    Last Data Update: May 13, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 Mission Street, Santa Cruz, CA 95060
    County: Santa Cruz
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Santa Cruz-Watsonville, CA (#7485)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): Santa Cruz-Watsonville, CA (#42100)
    CBSA Metro Statistical Area: Santa Cruz-Watsonville, CA (#42100)
  • Financial Summary
  • Total assets: $143.1 mil
    Equity capital: $18.7 mil
    Deposits held in domestic offices: $123.9 mil
    Return on assets (ROA): 1.14% ($1.6 mil)
    Quarterly return on assets: 1.14% ($1.6 mil)
    Return on Equity (ROE): 7.94% ($1.5 mil)
    Quarterly return on equity: 8.59% ($1.6 mil)
    Net income: $1.4 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.06% ($1,517.3 mil)
    Quarterly Pretax return on assets: 1.30% ($1,860.9 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
  • 19Total employees (full-time equivalent)
  • $143,144Total assets
  • $49,535Cash and due from depository institutions
  • $47,449Interest-bearing balances
  • $7,107Securities
  • $50Federal funds sold & reverse repurchase agreements
  • $83,093Net loans & leases
  • $2,855Loan loss allowance
  • $0Trading account assets
  • $100Bank premises and fixed assets
  • $396Other real estate owned
  • $0Goodwill and other intangibles
  • $143,144Life insurance assets
  • $2,863All other assets
  • $124,412Total liabilities and capital
  • $123,882Total liabilities
  • $92,516Total deposits
  • $123,882Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $530Subordinated debt
  • $18,732All other liabilities
  • $18,732Total equity capital
  • $18,732Total bank equity capital
  • $0Perpetual preferred stock
  • $18,485Common stock
  • $1,108Surplus
  • $-861Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $330Long-term assets (5+ years)
  • $137,699Average Assets, year-to-date
  • $36,115Average Assets, quarterly
  • $125,738Volatile liabilities
  • $139,861Insider loans
  • $98,836FHLB advances
  • $139,357Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,624Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $13,552Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,214Total interest income
  • $642Total interest expense
  • $5,572Net interest income
  • $930Provision for loan and lease losses
  • $267Total noninterest income
  • $0Fiduciary activities
  • $121Service charges on deposit accounts
  • $0Trading account gains & fees
  • $146Additional noninterest income
  • $3,570Total noninterest expense
  • $2,126Salaries and employee benefits
  • $399Premises and equipment expense
  • $1,045Additional noninterest expense
  • $1,339Pre-tax net operating income
  • $0Securities gains (losses)
  • -$89Applicable income taxes
  • $1,428Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,428Net income attributable to bank
  • $0Net charge-offs
  • $1,428Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.21%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 4.67%Net interest margin
  • 0.22%Noninterest income to earning assets
  • 2.99%Noninterest expense to earning assets
  • 1.14%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.06%Pretax return on assets
  • 7.94%Return on equity (ROE)
  • 7.94%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 61,141Assets per employee
  • 7.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.32%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 67.07%Net loans and leases to core deposits
  • 69.38%Equity capital to assets
  • 13.09%Core capital (leverage) ratio
  • 13.36%Tier 1 risk-based capital ratio
  • 18.84%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $125,738Average earning assets
  • $17,985Average equity
  • $119,368Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0461040Lighthouse Bank111 Mission Street, Santa Cruz, CA 95060October 29, 2007Full Service Brick and Mortar

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

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