Ojai Community Bank in Ojai, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Ojai Community Bank - Overview

  • General
  • FDIC Certificate #: 57850
    Status: Active
    Federal Reserve ID: 3338357
    Date Established: March 03, 2005
    WWW: http://www.ojaicommunitybank.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 #: 428119
    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: March 03, 2005
    Last Structure Change Effective Date: September 28, 2009
    Last Structure Change Process Date: September 28, 2009
    Last Data Update: September 28, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 402 West Ojai Avenue, Ojai, CA 93023
    County: Ventura
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (West)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Ventura, CA (#8735)
    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): Oxnard-Thousand Oaks-Ventura, CA (#37100)
    CBSA Metro Statistical Area: Oxnard-Thousand Oaks-Ventura, CA (#37100)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $128.3 mil
    Equity capital: $13.9 mil
    Deposits held in domestic offices: $114.3 mil
    Return on assets (ROA): 0.44% ($0.6 mil)
    Quarterly return on assets: 0.78% ($1.0 mil)
    Return on Equity (ROE): 4.33% ($0.6 mil)
    Quarterly return on equity: 7.47% ($1.0 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.44% ($564.7 mil)
    Quarterly Pretax return on assets: 0.78% ($1,001.1 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
  • 29Total employees (full-time equivalent)
  • $128,344Total assets
  • $7,364Cash and due from depository institutions
  • $3,139Interest-bearing balances
  • $3,020Securities
  • $38,780Federal funds sold & reverse repurchase agreements
  • $75,451Net loans & leases
  • $1,753Loan loss allowance
  • $0Trading account assets
  • $1,428Bank premises and fixed assets
  • $0Other real estate owned
  • $1,160Goodwill and other intangibles
  • $128,344Life insurance assets
  • $1,141All other assets
  • $114,457Total liabilities and capital
  • $114,299Total liabilities
  • $82,017Total deposits
  • $114,299Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $158Subordinated debt
  • $13,887All other liabilities
  • $13,887Total equity capital
  • $13,887Total bank equity capital
  • $2,125Perpetual preferred stock
  • $13,954Common stock
  • $0Surplus
  • $-2,192Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,282Income earned, not collected on loans
  • $0Earning assets
  • $286Long-term assets (5+ years)
  • $120,390Average Assets, year-to-date
  • $26,293Average Assets, quarterly
  • $125,218Volatile liabilities
  • $126,720Insider loans
  • $84,527FHLB advances
  • $124,422Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,457Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $11,867Restructured Loans and leases
  • $2,408Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,050Total interest income
  • $572Total interest expense
  • $4,478Net interest income
  • $490Provision for loan and lease losses
  • $440Total noninterest income
  • $0Fiduciary activities
  • $296Service charges on deposit accounts
  • $0Trading account gains & fees
  • $144Additional noninterest income
  • $3,881Total noninterest expense
  • $1,778Salaries and employee benefits
  • $506Premises and equipment expense
  • $1,597Additional noninterest expense
  • $547Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $546Income before extraordinary items
  • $0Extraordinary gains - net
  • $546Net income attributable to bank
  • $0Net charge-offs
  • $546Cash dividends
  • $838Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.34%Yield on earning assets
  • 0.49%Cost of funding earning assets
  • 3.85%Net interest margin
  • 0.38%Noninterest income to earning assets
  • 3.33%Noninterest expense to earning assets
  • 0.44%Net operating income to assets
  • 0.44%Return on assets (ROA)
  • 0.44%Pretax return on assets
  • 4.33%Return on equity (ROE)
  • 4.33%Retained earnings to average equity (YTD only)
  • 1.07%Net charge-offs to loans
  • 58.47%Credit loss provision to net charge-offs
  • 1.24%Efficiency ratio
  • 73,790Assets per employee
  • 4.43%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.27%Loss allowance to noncurrent loans
  • 76.82%Noncurrent assets plus other real estate owned to assets
  • 1.78%Noncurrent loans to loans
  • 2.96%Net loans and leases to deposits
  • 66.01%Net loans and leases to core deposits
  • 68.86%Equity capital to assets
  • 10.82%Core capital (leverage) ratio
  • 10.01%Tier 1 risk-based capital ratio
  • 14.74%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $125,218Average earning assets
  • $12,606Average equity
  • $116,405Average loans

List of branches

  • 3 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0428119Ojai Community Bank402 West Ojai Avenue, Ojai, CA 93023March 03, 2005Full Service Brick and Mortar
    1845Santa Paula Branch948 E Main St, Santa Paula, CA 93060October 19, 1929Full Service Brick and Mortar
    2189012Harvard Branch537 W Harvard Blvd, Santa Paula, CA 93060January 30, 1967Full Service Brick and Mortar

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