Sierra Vista Bank in Folsom, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Sierra Vista Bank - Overview

  • General
  • FDIC Certificate #: 58438
    Status: Active
    Federal Reserve ID: 3587726
    Date Established: March 19, 2007
    WWW: http://www.sierravistabank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 451733
    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 19, 2007
    Last Structure Change Effective Date: August 01, 2008
    Last Structure Change Process Date: August 11, 2008
    Last Data Update: August 11, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1710 Prairie City Road, Folsom, CA 95630
    County: Sacramento
    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): Sacramento, CA (#6920)
    Consolidated Metropolitan Statistical Area (CMSA): Sacramento-Yolo, CA (#82)
    Combined Statistical Area (CSA): Sacramento-Arden-Arcade-Yuba City, CA-NV (#472)
    Core Based Statistical Area (CBSA): Sacramento-Arden-Arcade-Roseville, CA (#40900)
    CBSA Metro Statistical Area: Sacramento-Arden-Arcade-Roseville, CA (#40900)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $80.5 mil
    Equity capital: $8.2 mil
    Deposits held in domestic offices: $70.0 mil
    Return on assets (ROA): 0.19% ($0.2 mil)
    Quarterly return on assets: 0.31% ($0.3 mil)
    Return on Equity (ROE): 1.98% ($0.2 mil)
    Quarterly return on equity: 3.14% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.19% ($153.0 mil)
    Quarterly Pretax return on assets: 0.31% ($249.7 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
  • 22Total employees (full-time equivalent)
  • $80,533Total assets
  • $4,545Cash and due from depository institutions
  • $122Interest-bearing balances
  • $10,350Securities
  • $4,160Federal funds sold & reverse repurchase agreements
  • $59,058Net loans & leases
  • $2,033Loan loss allowance
  • $0Trading account assets
  • $813Bank premises and fixed assets
  • $339Other real estate owned
  • $0Goodwill and other intangibles
  • $80,533Life insurance assets
  • $1,268All other assets
  • $72,360Total liabilities and capital
  • $69,952Total liabilities
  • $47,929Total deposits
  • $69,952Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $2,000Trading liabilities
  • $0Other borrowed funds
  • $408Subordinated debt
  • $8,173All other liabilities
  • $8,173Total equity capital
  • $8,173Total bank equity capital
  • $0Perpetual preferred stock
  • $18,103Common stock
  • $0Surplus
  • $-9,930Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,075Income earned, not collected on loans
  • $0Earning assets
  • $253Long-term assets (5+ years)
  • $73,690Average Assets, year-to-date
  • $42,516Average Assets, quarterly
  • $84,068Volatile liabilities
  • $81,591Insider loans
  • $60,195FHLB advances
  • $80,959Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $8,103Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,130Restructured Loans and leases
  • $100Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,520Total interest income
  • $445Total interest expense
  • $4,075Net interest income
  • $645Provision for loan and lease losses
  • $231Total noninterest income
  • $0Fiduciary activities
  • $139Service charges on deposit accounts
  • $0Trading account gains & fees
  • $92Additional noninterest income
  • $3,803Total noninterest expense
  • $1,877Salaries and employee benefits
  • $665Premises and equipment expense
  • $1,261Additional noninterest expense
  • -$142Pre-tax net operating income
  • $301Securities gains (losses)
  • $0Applicable income taxes
  • $159Income before extraordinary items
  • $0Extraordinary gains - net
  • $159Net income attributable to bank
  • $0Net charge-offs
  • $159Cash dividends
  • $544Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.77%Yield on earning assets
  • 0.57%Cost of funding earning assets
  • 5.21%Net interest margin
  • 0.30%Noninterest income to earning assets
  • 4.86%Noninterest expense to earning assets
  • -0.17%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.19%Pretax return on assets
  • 1.98%Return on equity (ROE)
  • 1.98%Retained earnings to average equity (YTD only)
  • 0.84%Net charge-offs to loans
  • 118.57%Credit loss provision to net charge-offs
  • 0.92%Efficiency ratio
  • 88,319Assets per employee
  • 3.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.33%Loss allowance to noncurrent loans
  • 49.89%Noncurrent assets plus other real estate owned to assets
  • 5.48%Noncurrent loans to loans
  • 6.67%Net loans and leases to deposits
  • 84.43%Net loans and leases to core deposits
  • 110.37%Equity capital to assets
  • 10.15%Core capital (leverage) ratio
  • 10.01%Tier 1 risk-based capital ratio
  • 13.46%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $84,068Average earning assets
  • $8,020Average equity
  • $78,274Average loans

List of branches

  • 2 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0451733Sierra Vista Bank1710 Prairie City Road, Folsom, CA 95630March 19, 2007Full Service Brick and Mortar
    1492735Cameron Park Branch3311 Coach Lane, Suite A, Cameron Park, CA 95682November 03, 2008Full Service Brick and Mortar

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