Mission Valley Bank in Sun Valley, California (CA)



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Mission Valley Bank routing number info

Table of contents:
Mission Valley Bank
GeneralFDIC Certificate #: 57101
Status: Active
Federal Reserve ID: 3039636
Bank Holding Company (Regulatory Top Holder): Mission Valley Bancorp (RSSDID: 3364600, Location: Sun Valley, CA)
Date Established: July 12, 2001
WWW: http://www.missionvalleybank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 3 (Domestic: 3, Interstate: No)
FDIC's unique #: 357688
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: July 12, 2001
Last Structure Change Effective Date: November 15, 2010
Last Structure Change Process Date: November 15, 2010
Last Data Update: November 15, 2010
Data Source Date: April 05, 2012
LocationAddress: 9116 Sunland Boulevard, Sun Valley, CA 91352
County: Los Angeles
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Los Angeles (North)
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: Western
Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480)
Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49)
Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348)
Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100)
CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
History of ChangesName Change
Financial SummaryTotal assets: $246.0 mil
Equity capital: $34.5 mil
Deposits held in domestic offices: $187.9 mil
Return on assets (ROA): 0.52% ($1.3 mil)
Quarterly return on assets: 0.96% ($2.4 mil)
Return on Equity (ROE): 3.86% ($1.3 mil)
Quarterly return on equity: 6.86% ($2.3 mil)
Net income: $1.3 mil
Quarterly Net income: $0.6 mil
Pretax return on assets: 0.81% ($1,992.9 mil)
Quarterly Pretax return on assets: 1.56% ($3,838.1 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)66
Total assets$246,033
Cash and due from depository institutions$20,625
Interest-bearing balances$11,179
Securities$22,369
Federal funds sold & reverse repurchase agreements$21,730
Net loans & leases$169,467
Loan loss allowance $5,306
Trading account assets$0
Bank premises and fixed assets$838
Other real estate owned$0
Goodwill and other intangibles$0
All other assets$11,004
Life insurance assets$246,033
Total liabilities and capital$211,577
Total liabilities$187,860
Total deposits$119,284
Interest-bearing deposits$187,860
Deposits held in domestic offices$75
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$21,000
Other borrowed funds $0
Subordinated debt $2,717
All other liabilities $34,456
Total equity capital$34,456
Total bank equity capital$34,456
Perpetual preferred stock$0
Common stock$9,717
Surplus$18,416
Undivided profits $6,323
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 $5,791
Earning assets $149
Long-term assets (5+ years) $782
Average Assets, year-to-date $224,745
Average Assets, quarterly $35,502
Volatile liabilities $249,463
Insider loans $243,761
FHLB advances $189,617
Loans and leases held for sale $245,841
Unused loan commitments $5,579
Tier 1 (core) risk-based capital $5,579
Tier 2 risk-based capital $34,264
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $22,696
Derivatives$2,137
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $13,058
Total interest expense $1,711
Net interest income $11,347
Provision for loan and lease losses $1,331
Total noninterest income $2,813
Fiduciary activities $0
Service charges on deposit accounts $1,828
Trading account gains & fees $0
Additional noninterest income $985
Total noninterest expense $10,805
Salaries and employee benefits $5,923
Premises and equipment expense $1,658
Additional noninterest expense $3,224
Pre-tax net operating income $2,024
Securities gains (losses) $0
Applicable income taxes $723
Income before extraordinary items $1,301
Extraordinary gains - net $0
Net income attributable to bank $1,301
Net charge-offs $0
Cash dividends $1,301
Sale, conversion, retirement of capital stock, net $1,766
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 assets5.68%
Cost of funding earning assets 0.74%
Net interest margin 4.94%
Noninterest income to earning assets 1.22%
Noninterest expense to earning assets 4.70%
Net operating income to assets 0.52%
Return on assets (ROA) 0.52%
Pretax return on assets 0.81%
Return on equity (ROE) 3.86%
Retained earnings to average equity (YTD only) 3.86%
Net charge-offs to loans 0.97%
Credit loss provision to net charge-offs 75.37%
Efficiency ratio1.90%
Assets per employee$76,306
Cash dividends to net income (YTD only)3.73%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.04%
Noncurrent assets plus other real estate owned to assets 91.62%
Noncurrent loans to loans 2.35%
Net loans and leases to deposits3.31%
Net loans and leases to core deposits 90.21%
Equity capital to assets 121.85%
Core capital (leverage) ratio 14.00%
Tier 1 risk-based capital ratio 13.94%
Total risk-based capital ratio 18.07%
Memoranda
Average assets$19
Average earning assets$249,463
Average equity $33,701
Average loans $229,716
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3 California Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0357688Mission Valley Bank9116 Sunland Boulevard, Sun Valley, CA 91352July 12, 2001Full Service Brick and Mortar
1437846Valencia Branch25060 Avenue Stanford, Valencia, CA 91355September 21, 2004Full Service Brick and Mortar
2478888Centre Point Branch26415 Carl Boyer Drive, Santa Clarita, CA 91350October 15, 2007Full Service Brick and Mortar
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