North Valley Bank in Redding, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


North Valley Bank - Overview

  • General
  • FDIC Certificate #: 20959
    Status: Active
    Federal Reserve ID: 808167
    Bank Holding Company (Regulatory Top Holder): North Valley Bancorp (RSSDID: 1029334, Location: Redding, CA)
    Date Established: Febuary 09, 1973
    WWW: http://www.novb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 26 (Domestic: 26, Interstate: No)
    OTS Docket #: 12313
    FDIC's unique #: 14475
    Numeric code: 13
    Regulator: FED
    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: Febuary 09, 1973
    Last Structure Change Effective Date: June 30, 2006
    Last Structure Change Process Date: August 03, 2006
    Last Data Update: August 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1327 South Street, Redding, CA 96001
    County: Shasta
    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): Redding, CA (#6690)
    Core Based Statistical Area (CBSA): Redding, CA (#39820)
    CBSA Metro Statistical Area: Redding, CA (#39820)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $900.5 mil
    Equity capital: $121.3 mil
    Deposits held in domestic offices: $767.5 mil
    Return on assets (ROA): 0.59% ($5.3 mil)
    Quarterly return on assets: 0.57% ($5.1 mil)
    Return on Equity (ROE): 4.45% ($5.4 mil)
    Quarterly return on equity: 4.22% ($5.1 mil)
    Net income: $5.3 mil
    Quarterly Net income: $1.3 mil
    Pretax return on assets: 0.80% ($7,204.1 mil)
    Quarterly Pretax return on assets: 0.54% ($4,862.8 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, 2011)

  • Dollar figures in thousands
  • 315Total employees (full-time equivalent)
  • $900,516Total assets
  • $20,717Cash and due from depository institutions
  • $1,976Interest-bearing balances
  • $312,211Securities
  • $40,210Federal funds sold & reverse repurchase agreements
  • $443,559Net loans & leases
  • $12,656Loan loss allowance
  • $0Trading account assets
  • $8,661Bank premises and fixed assets
  • $20,106Other real estate owned
  • $1,255Goodwill and other intangibles
  • $900,516Life insurance assets
  • $53,797All other assets
  • $779,217Total liabilities and capital
  • $767,497Total liabilities
  • $598,733Total deposits
  • $767,497Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $11,720Subordinated debt
  • $121,299All other liabilities
  • $121,299Total equity capital
  • $121,299Total bank equity capital
  • $0Perpetual preferred stock
  • $65,913Common stock
  • $30,493Surplus
  • $24,893Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $18,411Income earned, not collected on loans
  • $0Earning assets
  • $2,411Long-term assets (5+ years)
  • $797,956Average Assets, year-to-date
  • $473,367Average Assets, quarterly
  • $893,039Volatile liabilities
  • $903,052Insider loans
  • $596,224FHLB advances
  • $906,134Loans and leases held for sale
  • $34,972Unused loan commitments
  • $34,972Tier 1 (core) risk-based capital
  • $113,665Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $86,110Restructured Loans and leases
  • $4,996Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $37,145Total interest income
  • $3,894Total interest expense
  • $33,251Net interest income
  • $2,650Provision for loan and lease losses
  • $9,221Total noninterest income
  • $0Fiduciary activities
  • $4,635Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,586Additional noninterest income
  • $34,312Total noninterest expense
  • $18,657Salaries and employee benefits
  • $3,848Premises and equipment expense
  • $11,807Additional noninterest expense
  • $5,510Pre-tax net operating income
  • $1,677Securities gains (losses)
  • $1,921Applicable income taxes
  • $5,266Income before extraordinary items
  • $0Extraordinary gains - net
  • $5,266Net income attributable to bank
  • $0Net charge-offs
  • $5,266Cash dividends
  • $4,987Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 0.50%Cost of funding earning assets
  • 4.23%Net interest margin
  • 1.17%Noninterest income to earning assets
  • 4.37%Noninterest expense to earning assets
  • 0.45%Net operating income to assets
  • 0.59%Return on assets (ROA)
  • 0.80%Pretax return on assets
  • 4.45%Return on equity (ROE)
  • 4.45%Retained earnings to average equity (YTD only)
  • 1.03%Net charge-offs to loans
  • 53.14%Credit loss provision to net charge-offs
  • 1.64%Efficiency ratio
  • 80,444Assets per employee
  • 2.86%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.77%Loss allowance to noncurrent loans
  • 68.74%Noncurrent assets plus other real estate owned to assets
  • 4.28%Noncurrent loans to loans
  • 4.04%Net loans and leases to deposits
  • 57.79%Net loans and leases to core deposits
  • 60.16%Equity capital to assets
  • 13.47%Core capital (leverage) ratio
  • 12.54%Tier 1 risk-based capital ratio
  • 19.06%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $893,039Average earning assets
  • $118,227Average equity
  • $786,051Average loans

List of branches

  • 26 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014475North Valley Bank1327 South Street, Redding, CA 96001Febuary 09, 1973Full Service Brick and Mortar
    1251952Weaverville Branch595 Main Street, Weaverville, CA 96093October 25, 1973Full Service Brick and Mortar
    2251953Hayfork Branch7061 St Hgy 3, Hayfork, CA 96041October 01, 1974Full Service Brick and Mortar
    4251955Anderson Branch2686 Gateway Drive, Anderson, CA 96007January 16, 1978Full Service Brick and Mortar
    5251956Enterprise Branch880 Cypress Avenue, Redding, CA 96001August 20, 1979Full Service Brick and Mortar
    7247898Shasta Lake Branch4715 Shasta Dam Boulevard, Shasta Lake, CA 96019September 16, 1966Full Service Brick and Mortar
    8247899Country Club Branch2930 Bechelli Lane, Redding, CA 96002December 15, 1967Full Service Brick and Mortar
    9251958Westwood Village Branch6392 Westside Road, Redding, CA 96001June 01, 1985Full Service Brick and Mortar
    10251959Palo Cedro Branch9334a Deschutes Road, Palo Cedro, CA 96073November 27, 1995Full Service Brick and Mortar
    12251961Cottonwood Branch20635 Gas Point Road, Cottonwood, CA 96022January 20, 1998Full Service Retail
    13251962Buenaventura Branch3315 Placer Street, Redding, CA 96001September 08, 1998Full Service Brick and Mortar
    14251963Courier Service BranchServing Shasta And Trinity Counties, Redding, CA 96001November 30, 1998Limited Service Messenger
    15294950Loan Center Branch1836-1844 Park Marina Drive, Redding, CA 96001May 04, 2000Limited Service Loan Production
    16360751Business Banking Center Branch300 Park Marina Circle, Redding, CA 96001August 06, 2001Full Service Brick and Mortar
    17365801Churn Creek Branch2245 Churn Creek Road, Redding, CA 96002August 05, 2002Full Service Brick and Mortar
    1845599Eureka Main402 F Street, Eureka, CA 95503December 27, 1989Full Service Brick and Mortar
    19288980Mckinleyville Office1640 Central Avenue, Mckinleyville, CA 95519June 04, 1990Full Service Brick and Mortar
    20288981Crescent City Branch1492 Northcrest Drive, Crescent City, CA 95531August 06, 1992Full Service Brick and Mortar
    21288982Eureka Mall Branch838 West Harris Street, Eureka, CA 95503April 12, 1996Full Service Brick and Mortar
    22197516Willits Branch255 South Main Street, Willits, CA 95490December 02, 1958Full Service Brick and Mortar
    23197681Ferndale Branch394 Main Street, Ferndale, CA 95536June 29, 1935Full Service Brick and Mortar
    24197708Garberville Branch793 Redwood Drive, Garberville, CA 95542April 26, 1948Full Service Brick and Mortar
    2561425Nvb Business Bank Branch630 Main Street, Woodland, CA 95695July 31, 1998Full Service Brick and Mortar
    26360837Roseville Branch378 N. Sunrise Boulevard, Suite 100, Roseville, CA 95661August 13, 2001Full Service Brick and Mortar
    28440133Ukiah Branch101 North State Street, Suite A, Ukiah, CA 95482April 18, 2005Full Service Brick and Mortar
    29440134Santa Rosa Branch100 B Street, Suite 110, Santa Rosa, CA 95401April 18, 2005Full 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 North Valley Bank.
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