Savings Bank of Mendocino County in Ukiah, California (CA)



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Savings Bank of Mendocino County routing number info

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Savings Bank of Mendocino County
GeneralFDIC Certificate #: 8011
Status: Active
Federal Reserve ID: 146663
Date Established: November 28, 1903
WWW: http://www.savingsbank.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 11 (Domestic: 11, Interstate: No)
FDIC's unique #: 5095
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: June 20, 2011
Last Structure Change Process Date: November 07, 2011
Last Data Update: November 07, 2011
Data Source Date: April 05, 2012
LocationAddress: 200 North School Street, Ukiah, CA 95482
County: Mendocino
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): Ukiah, CA (#46380)
CBSA Micro Statistical Area: Yes
Financial SummaryTotal assets: $905.4 mil
Equity capital: $146.7 mil
Deposits held in domestic offices: $755.8 mil
Return on assets (ROA): 0.90% ($8.1 mil)
Quarterly return on assets: 0.83% ($7.5 mil)
Return on Equity (ROE): 5.63% ($8.3 mil)
Quarterly return on equity: 5.17% ($7.6 mil)
Net income: $8.1 mil
Quarterly Net income: $1.9 mil
Pretax return on assets: 1.35% ($12,222.7 mil)
Quarterly Pretax return on assets: 1.35% ($12,222.7 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)
Total employees (full-time equivalent)233
Total assets$905,382
Cash and due from depository institutions$44,805
Interest-bearing balances$32,382
Securities$484,502
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$338,043
Loan loss allowance $13,526
Trading account assets$0
Bank premises and fixed assets$9,630
Other real estate owned$4,563
Goodwill and other intangibles$0
All other assets$23,839
Life insurance assets$905,382
Total liabilities and capital$758,666
Total liabilities$755,757
Total deposits$629,996
Interest-bearing deposits$755,757
Deposits held in domestic offices$90
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $2,909
All other liabilities $146,716
Total equity capital$146,716
Total bank equity capital$146,716
Perpetual preferred stock$0
Common stock$2,696
Surplus$4,795
Undivided profits $139,225
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $1,164
Income earned, not collected on loans $28,802
Earning assets $0
Long-term assets (5+ years) $5,866
Average Assets, year-to-date $854,927
Average Assets, quarterly $135,276
Volatile liabilities $891,600
Insider loans $905,583
FHLB advances $668,117
Loans and leases held for sale $891,591
Unused loan commitments $12,053
Tier 1 (core) risk-based capital $12,053
Tier 2 risk-based capital $139,840
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $44,037
Derivatives$4,960
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $37,094
Total interest expense $5,760
Net interest income $31,334
Provision for loan and lease losses $1,800
Total noninterest income $5,348
Fiduciary activities $0
Service charges on deposit accounts $1,552
Trading account gains & fees $0
Additional noninterest income $3,796
Total noninterest expense $22,874
Salaries and employee benefits $13,319
Premises and equipment expense $3,307
Additional noninterest expense $6,248
Pre-tax net operating income $12,008
Securities gains (losses) $0
Applicable income taxes $3,953
Income before extraordinary items $8,055
Extraordinary gains - net $0
Net income attributable to bank $8,055
Net charge-offs $0
Cash dividends $8,055
Sale, conversion, retirement of capital stock, net $3,954
Net operating income $3,679
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.41%
Cost of funding earning assets 0.69%
Net interest margin 3.73%
Noninterest income to earning assets 0.64%
Noninterest expense to earning assets 2.72%
Net operating income to assets 0.90%
Return on assets (ROA) 0.90%
Pretax return on assets 1.35%
Return on equity (ROE) 5.63%
Retained earnings to average equity (YTD only) 3.06%
Net charge-offs to loans 1.05%
Credit loss provision to net charge-offs 45.52%
Efficiency ratio3.49%
Assets per employee$61,940
Cash dividends to net income (YTD only)3.89%
Condition Ratios (%)
Loss allowance to loans 45.67%
Loss allowance to noncurrent loans 3.85%
Noncurrent assets plus other real estate owned to assets 46.96%
Noncurrent loans to loans 3.69%
Net loans and leases to deposits8.19%
Net loans and leases to core deposits 44.73%
Equity capital to assets 46.20%
Core capital (leverage) ratio 16.20%
Tier 1 risk-based capital ratio 15.68%
Total risk-based capital ratio 20.93%
Memoranda
Average assets$22
Average earning assets$891,600
Average equity $143,150
Average loans $840,682
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11 California Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
05095Savings Bank Of Mendocino County200 North School Street, Ukiah, CA 95482November 28, 1903Full Service Brick and Mortar
1217656Hopland Branch13411 South Highway 101, Hopland, CA 95449November 23, 1927Full Service Brick and Mortar
2217657South Ukiah Branch1100 Airport Boulevard, Ukiah, CA 95482November 11, 1966Full Service Brick and Mortar
3217658Fort Bragg Branch490 South Franklin Street, Fort Bragg, CA 95437Febuary 16, 1970Full Service Brick and Mortar
4217659North Ukiah Branch904 North State Street, Ukiah, CA 95482October 21, 1974Full Service Brick and Mortar
5217660Redwood Valley Branch8431 East Road, Redwood Valley, CA 95470April 26, 1976Full Service Brick and Mortar
6217661Mendocino Branch10500 Lansing Street, Mendocino, CA 95460October 10, 1977Full Service Brick and Mortar
7217662Pear Tree Branch414 East Perkins Street, Ukiah, CA 95482December 21, 1981Full Service Brick and Mortar
939570Lakeport Branch650 North Main Street, Lakeport, CA 95453August 10, 1988Full Service Brick and Mortar
107444Willits Branch145 South Main Street, Willits, CA 95490April 11, 1904Full Service Brick and Mortar
11225331Laytonville Branch44920 Highway 101, Laytonville, CA 95454March 18, 1968Full Service Brick and Mortar
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