Mid Valley Bank in Red Bluff, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 23, 2004

  • Mid Valley Bank in Red Bluff, California (CA)
  • Show street view No street view available for this location

Mid Valley Bank - Overview

  • General
  • FDIC Certificate #: 22101
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: PremierWest Bank (#32975)
    Federal Reserve ID: 706366
    Date Established: September 02, 1975
    WWW: http://www.midvalleybank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 5 (Interstate: No)
    OTS Docket #: 14352
    FDIC's unique #: 15351
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: September 02, 1975
    Last Structure Change Effective Date: January 23, 2004
    Last Structure Change Process Date: Febuary 26, 2004
    Last Data Update: Febuary 26, 2004
    Data Source Date: April 05, 2012
  • Location
  • Address: 950 Main Street, Red Bluff, CA 96080
    County: Tehama
    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
    Core Based Statistical Area (CBSA): Red Bluff, CA (#39780)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $181.8 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2003)

  • Dollar figures in thousands
  • 79Total employees (full-time equivalent)
  • $181,802Total assets
  • $11,207Cash and due from depository institutions
  • $0Interest-bearing balances
  • $53,070Securities
  • $7,685Federal funds sold & reverse repurchase agreements
  • $101,318Net loans & leases
  • $4,087Loan loss allowance
  • $0Trading account assets
  • $2,194Bank premises and fixed assets
  • $0Other real estate owned
  • $1Goodwill and other intangibles
  • $0Life insurance assets
  • $6,327All other assets
  • $181,802Total liabilities and capital
  • $169,697Total liabilities
  • $167,731Total deposits
  • $123,118Interest-bearing deposits
  • $167,731Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,966All other liabilities
  • $12,105Total equity capital
  • $12,105Total bank equity capital
  • $12,105Perpetual preferred stock
  • $0Common stock
  • $7,168Surplus
  • $0Undivided profits
  • Memoranda
  • $4,937Noncurrent loans and leases
  • $50,946Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $4,774Earning assets
  • $0Long-term assets (5+ years)
  • $635Average Assets, year-to-date
  • $162,073Average Assets, quarterly
  • $23,077Volatile liabilities
  • $178,138Insider loans
  • $181,134FHLB advances
  • $21,091Loans and leases held for sale
  • $1,856Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $174Total risk weighted assets
  • $50,946Total unused commitments
  • $1,000Restructured Loans and leases
  • $1,519Derivatives

Income and Expense (December 31, 2003)

  • Dollar figures in thousands
  • $9,152Total interest income
  • $1,736Total interest expense
  • $7,416Net interest income
  • $1,018Provision for loan and lease losses
  • $1,147Total noninterest income
  • $0Fiduciary activities
  • $561Service charges on deposit accounts
  • $0Trading account gains & fees
  • $586Additional noninterest income
  • $7,546Total noninterest expense
  • $4,513Salaries and employee benefits
  • $739Premises and equipment expense
  • $2,294Additional noninterest expense
  • -$1Pre-tax net operating income
  • $232Securities gains (losses)
  • -$85Applicable income taxes
  • $316Income before extraordinary items
  • $0Extraordinary gains - net
  • $316Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$170Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2003)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.76%Yield on earning assets
  • 1.09%Cost of funding earning assets
  • 4.67%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 4.75%Noninterest expense to earning assets
  • 0.05%Net operating income to assets
  • 0.18%Return on assets (ROA)
  • 0.13%Pretax return on assets
  • 2.56%Return on equity (ROE)
  • 2.56%Retained earnings to average equity (YTD only)
  • -0.15%Net charge-offs to loans
  • -598.82%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 88,123Assets per employee
  • 2.30%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.88%Loss allowance to noncurrent loans
  • 85.61%Noncurrent assets plus other real estate owned to assets
  • 2.63%Noncurrent loans to loans
  • 4.53%Net loans and leases to deposits
  • 60.41%Net loans and leases to core deposits
  • 69.09%Equity capital to assets
  • 6.66%Core capital (leverage) ratio
  • 6.64%Tier 1 risk-based capital ratio
  • 10.21%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $178,138Average earning assets
  • $12,332Average equity
  • $158,809Average loans

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