Security First Bank in Fresno, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Security First Bank in Fresno, California (CA)
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Security First Bank - Overview

  • General
  • FDIC Certificate #: 58212
    Status: Active
    Federal Reserve ID: 3560420
    Date Established: Febuary 12, 2007
    WWW: http://www.securityfirstfresno.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 442278
    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: Febuary 12, 2007
    Last Structure Change Effective Date: September 07, 2010
    Last Structure Change Process Date: September 21, 2010
    Last Data Update: September 21, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 663 W Nees Avenue, Fresno, CA 93711
    County: Fresno
    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): Fresno, CA (#2840)
    Combined Statistical Area (CSA): Fresno-Madera, CA (#260)
    Core Based Statistical Area (CBSA): Fresno, CA (#23420)
    CBSA Metro Statistical Area: Fresno, CA (#23420)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $98.9 mil
    Equity capital: $11.7 mil
    Deposits held in domestic offices: $82.0 mil
    Return on assets (ROA): -0.48% (-$0.5 mil)
    Quarterly return on assets: -1.16% (-$1.1 mil)
    Return on Equity (ROE): -4.26% (-$0.5 mil)
    Quarterly return on equity: -9.68% (-$1.2 mil)
    Net income: -$0.5 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -0.48% (-$474.7 mil)
    Quarterly Pretax return on assets: -1.16% (-$1,147.1 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
  • 16Total employees (full-time equivalent)
  • $98,891Total assets
  • $6,531Cash and due from depository institutions
  • $4,061Interest-bearing balances
  • $24,137Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $60,123Net loans & leases
  • $2,306Loan loss allowance
  • $0Trading account assets
  • $297Bank premises and fixed assets
  • $3,823Other real estate owned
  • $0Goodwill and other intangibles
  • $98,891Life insurance assets
  • $3,980All other assets
  • $87,170Total liabilities and capital
  • $81,978Total liabilities
  • $74,688Total deposits
  • $81,978Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $5,000Trading liabilities
  • $0Other borrowed funds
  • $192Subordinated debt
  • $11,721All other liabilities
  • $11,721Total equity capital
  • $11,721Total bank equity capital
  • $0Perpetual preferred stock
  • $16,965Common stock
  • $670Surplus
  • $-5,914Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,421Income earned, not collected on loans
  • $0Earning assets
  • $429Long-term assets (5+ years)
  • $88,321Average Assets, year-to-date
  • $30,254Average Assets, quarterly
  • $106,702Volatile liabilities
  • $99,284Insider loans
  • $75,155FHLB advances
  • $99,881Loans and leases held for sale
  • $1,754Unused loan commitments
  • $1,754Tier 1 (core) risk-based capital
  • $11,187Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,865Restructured Loans and leases
  • $1,480Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,200Total interest income
  • $1,010Total interest expense
  • $4,190Net interest income
  • $30Provision for loan and lease losses
  • -$829Total noninterest income
  • $0Fiduciary activities
  • $30Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$859Additional noninterest income
  • $3,923Total noninterest expense
  • $1,537Salaries and employee benefits
  • $387Premises and equipment expense
  • $1,999Additional noninterest expense
  • -$592Pre-tax net operating income
  • $80Securities gains (losses)
  • $0Applicable income taxes
  • -$512Income before extraordinary items
  • $0Extraordinary gains - net
  • -$512Net income attributable to bank
  • $0Net charge-offs
  • -$512Cash dividends
  • $368Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.35%Yield on earning assets
  • 1.04%Cost of funding earning assets
  • 4.31%Net interest margin
  • -0.85%Noninterest income to earning assets
  • 4.04%Noninterest expense to earning assets
  • -0.55%Net operating income to assets
  • -0.48%Return on assets (ROA)
  • -0.48%Pretax return on assets
  • -4.26%Return on equity (ROE)
  • -4.26%Retained earnings to average equity (YTD only)
  • 0.49%Net charge-offs to loans
  • 8.15%Credit loss provision to net charge-offs
  • -1.53%Efficiency ratio
  • 116,721Assets per employee
  • 6.18%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.69%Loss allowance to noncurrent loans
  • 162.28%Noncurrent assets plus other real estate owned to assets
  • 5.30%Noncurrent loans to loans
  • 2.28%Net loans and leases to deposits
  • 73.34%Net loans and leases to core deposits
  • 74.04%Equity capital to assets
  • 11.85%Core capital (leverage) ratio
  • 11.20%Tier 1 risk-based capital ratio
  • 14.89%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $106,702Average earning assets
  • $12,015Average equity
  • $97,115Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0442278Security First Bank663 W Nees Avenue, Fresno, CA 93711Febuary 12, 2007Full Service Brick and Mortar

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