South Valley Bank & Trust in Klamath Falls, Oregon (OR)
| South Valley Bank & Trust | |
|---|---|
| General | FDIC Certificate #: 22401 Status: Active Federal Reserve ID: 906063 Bank Holding Company (Regulatory Top Holder): South Valley Bancorp, Inc. (RSSDID: 2640615, Location: Klamath Falls, OR) Date Established: January 12, 1977 WWW: http://www.southvalleybank.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 26 (Domestic: 26, Interstate: No) OTS Docket #: 16133 FDIC's unique #: 15602 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: January 12, 1977 Last Structure Change Effective Date: July 23, 2010 Last Structure Change Process Date: July 27, 2010 Last Data Update: July 27, 2010 Data Source Date: April 05, 2012 |
| Location | Address: 5215 South Sixth Street, Klamath Falls, OR 97603 County: Klamath Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Portland Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Core Based Statistical Area (CBSA): Klamath Falls, OR (#28900) CBSA Micro Statistical Area: Yes |
| History of Changes | Participated in FDIC Assisted Absorption/Consolidation/Merger Corrections |
| Financial Summary | Total assets: $865.2 mil Equity capital: $66.0 mil Deposits held in domestic offices: $771.3 mil Return on assets (ROA): -0.49% (-$4.2 mil) Quarterly return on assets: -0.17% (-$1.5 mil) Return on Equity (ROE): -6.15% (-$4.1 mil) Quarterly return on equity: -2.20% (-$1.5 mil) Net income: -$4.2 mil Quarterly Net income: -$0.4 mil Pretax return on assets: -0.98% (-$8,479.3 mil) Quarterly Pretax return on assets: -0.29% (-$2,509.2 mil) |
| Assets and Liabilities (December 31, 2011) (Dollar figures in thousands) | |
| Total employees (full-time equivalent) | 310 |
| Total assets | $865,235 |
| Cash and due from depository institutions | $143,658 |
| Interest-bearing balances | $116,184 |
| Securities | $45,569 |
| Federal funds sold & reverse repurchase agreements | $0 |
| Net loans & leases | $574,775 |
| Loan loss allowance | $10,237 |
| Trading account assets | $0 |
| Bank premises and fixed assets | $30,034 |
| Other real estate owned | $20,834 |
| Goodwill and other intangibles | $1,147 |
| All other assets | $49,218 |
| Life insurance assets | $865,235 |
| Total liabilities and capital | $799,220 |
| Total liabilities | $771,285 |
| Total deposits | $646,631 |
| Interest-bearing deposits | $771,285 |
| Deposits held in domestic offices | $84 |
| % insured (estimated) | 674.00% |
| Federal funds purchased & repurchase agreements | $0 |
| Trading liabilities | $25,528 |
| Other borrowed funds | $0 |
| Subordinated debt | $1,733 |
| All other liabilities | $66,015 |
| Total equity capital | $66,015 |
| Total bank equity capital | $66,015 |
| Perpetual preferred stock | $0 |
| Common stock | $2,697 |
| Surplus | $30,367 |
| Undivided profits | $32,951 |
| Memoranda | |
| Noncurrent loans and leases | $0 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $3,314 |
| Income earned, not collected on loans | $14,812 |
| Earning assets | $0 |
| Long-term assets (5+ years) | $3,068 |
| Average Assets, year-to-date | $736,528 |
| Average Assets, quarterly | $220,590 |
| Volatile liabilities | $855,662 |
| Insider loans | $862,578 |
| FHLB advances | $548,131 |
| Loans and leases held for sale | $860,212 |
| Unused loan commitments | $0 |
| Tier 1 (core) risk-based capital | $0 |
| Tier 2 risk-based capital | $61,224 |
| Total risk weighted assets | $0 |
| Total unused commitments | $0 |
| Restructured Loans and leases | $95,706 |
| Derivatives | $15,513 |
| Income and Expense (December 31, 2011) (Dollar figures in thousands) | |
| Total interest income | $38,797 |
| Total interest expense | $6,278 |
| Net interest income | $32,519 |
| Provision for loan and lease losses | $14,047 |
| Total noninterest income | $6,315 |
| Fiduciary activities | $1,230 |
| Service charges on deposit accounts | $1,233 |
| Trading account gains & fees | $0 |
| Additional noninterest income | $3,852 |
| Total noninterest expense | $33,135 |
| Salaries and employee benefits | $16,296 |
| Premises and equipment expense | $4,230 |
| Additional noninterest expense | $12,609 |
| Pre-tax net operating income | -$8,348 |
| Securities gains (losses) | -$1 |
| Applicable income taxes | -$4,124 |
| Income before extraordinary items | -$4,225 |
| Extraordinary gains - net | $0 |
| Net income attributable to bank | -$4,225 |
| Net charge-offs | $0 |
| Cash dividends | -$4,225 |
| Sale, conversion, retirement of capital stock, net | $14,933 |
| Net operating income | $0 |
| Performance and Condition Ratios (December 31, 2011) (Dollar figures in thousands) | |
| Performance Ratios (%, annualized) | |
| Yield on earning assets | 5.32% |
| Cost of funding earning assets | 0.86% |
| Net interest margin | 4.46% |
| Noninterest income to earning assets | 0.87% |
| Noninterest expense to earning assets | 4.55% |
| Net operating income to assets | -0.49% |
| Return on assets (ROA) | -0.49% |
| Pretax return on assets | -0.98% |
| Return on equity (ROE) | -6.15% |
| Retained earnings to average equity (YTD only) | -6.15% |
| Net charge-offs to loans | 2.42% |
| Credit loss provision to net charge-offs | 94.07% |
| Efficiency ratio | 0.38% |
| Assets per employee | $85,299 |
| Cash dividends to net income (YTD only) | 2.79% |
| Condition Ratios (%) | |
| Loss allowance to loans | 0.00% |
| Loss allowance to noncurrent loans | 1.75% |
| Noncurrent assets plus other real estate owned to assets | 69.11% |
| Noncurrent loans to loans | 4.12% |
| Net loans and leases to deposits | 2.53% |
| Net loans and leases to core deposits | 74.52% |
| Equity capital to assets | 81.33% |
| Core capital (leverage) ratio | 7.63% |
| Tier 1 risk-based capital ratio | 7.12% |
| Total risk-based capital ratio | 11.17% |
| Memoranda | |
| Average assets | $12 |
| Average earning assets | $855,662 |
| Average equity | $68,663 |
| Average loans | $728,676 |
| Total Fiduciary and Related Assets (December 31, 2011) (Dollar figures in thousands) | |
| Total fiduciary and related assets | $1 |
| Number of Fiduciary Accounts and Related Asset Accounts | 1 |
| Fiduciary powers granted | Yes |
| Fiduciary or related activity | Yes |
| Managed Assets | $120,076 |
| Number of Accounts | 1 |
| Personal trust and agency accounts | $64,524 |
| Employee benefit-defined contribution accounts | $62,345 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $0 |
| Corporate trust and agency accounts | $1,986 |
| Investment management agency accounts | $0 |
| Other fiduciary accounts | $193 |
| Fiduciary accounts held in foreign offices | $0 |
| Non-managed Assets | $0 |
| Number of Accounts | 287 |
| Personal trust and agency accounts | $0 |
| Employee benefit-defined contribution accounts | $1,986 |
| Employee benefit-defined benefit accounts | $0 |
| Other retirement accounts | $55,552 |
| Corporate trust and agency accounts | $11,704 |
| Other fiduciary accounts | $2,942 |
| Fiduciary accounts held in foreign offices | $40,675 |
| 26 Oregon Branches as of April 05, 2012 | ||||||
| No | ID | Name | Address | Established | Service Type | Map |
|---|---|---|---|---|---|---|
| 0 | 15602 | South Valley Bank & Trust | 5215 South Sixth Street, Klamath Falls, OR 97603 | January 12, 1977 | Full Service Brick and Mortar |  |
| 1 | 254513 | Main Street Branch | 801 Main Street, Klamath Falls, OR 97601 | December 31, 1984 | Full Service Brick and Mortar |  |
| 2 | 254514 | Gilchrist Branch | 138345 Highway 97 N, Gilchrist, OR 97737 | September 27, 1995 | Full Service Brick and Mortar | |
| 3 | 254515 | Lakeview Branch | 125 North E Street, Lakeview, OR 97630 | March 18, 1997 | Full Service Brick and Mortar | |
| 4 | 254516 | La Pine Branch | 51535 S Huntington Road, La Pine, OR 97739 | July 03, 1998 | Full Service Brick and Mortar | |
| 5 | 254517 | Medford Trust Office | 860 O'hare Parkway, Suite 100, Medford, OR 97504 | April 02, 1999 | Limited Service Trust | |
| 7 | 357352 | Campus Branch | 2491 Dahlia Street, Klamath Falls, OR 97601 | January 04, 2000 | Full Service Brick and Mortar | |
| 8 | 357353 | Biddle Branch | 600 Biddle Road, Medford, OR 97504 | May 01, 2000 | Full Service Brick and Mortar | |
| 9 | 429990 | Navigator's Landing Branch | 891 O'hare Parkway, Medford, OR 97504 | December 30, 2003 | Full Service Brick and Mortar | |
| 10 | 430000 | Bend Lpo Branch | 250 Nw Franklin Ave, Suite 101, Bend, OR 97701 | December 01, 2003 | Limited Service Loan Production | |
| 11 | 440831 | Redmond Branch | 855 Sw Veterans Way, Redmond, OR 97756 | May 11, 2005 | Full Service Brick and Mortar | |
| 12 | 442003 | Bluff Branch | 572 Sw Bluff Drive, Suite 120, Bend, OR 97702 | October 01, 2004 | Full Service Brick and Mortar | |
| 13 | 445525 | Purcell Branch | 735 Ne Purcell Blvd, Bend, OR 97701 | October 25, 2005 | Full Service Brick and Mortar | |
| 14 | 451665 | White City Branch | 2323 Avenue H, White City, OR 97503 | June 05, 2006 | Full Service Brick and Mortar | |
| 15 | 456872 | Prineville Branch | 1570 Ne 3rd Street, Prineville, OR 97754 | December 04, 2006 | Full Service Brick and Mortar | |
| 16 | 478471 | Washburn Branch | 3808 Brooke Drive, Klamath Falls, OR 97601 | October 22, 2007 | Full Service Brick and Mortar | |
| 17 | 478472 | Sisters Branch | 610 N Arrowleaf Trail, Sisters, OR 97759 | May 05, 2008 | Full Service Brick and Mortar | |
| 18 | 478473 | Madras Branch | 910 Sw Hwy 97, Suite 204, Madras, OR 97741 | June 02, 2008 | Full Service Brick and Mortar | |
| 19 | 492902 | Hillcrest Branch | 3220 Hillcrest Road, Suite F, Medford, OR 97504 | December 08, 2008 | Full Service Brick and Mortar | |
| 20 | 492903 | Shasta Branch | 1613 Washburn Way, Klamath Falls, OR 97603 | August 04, 2008 | Full Service Brick and Mortar | |
| 21 | 492904 | Talent Branch | 116 W Valley View Rd, Talent, OR 97540 | November 24, 2008 | Full Service Brick and Mortar | |
| 22 | 16240 | Cave Junction Branch | 135 South Redwood Highway, Cave Junction, OR 97523 | August 15, 1980 | Full Service Brick and Mortar | |
| 23 | 256010 | Parkway Branch | 1532 Northeast 'f' Street, Grants Pass, OR 97526 | March 01, 1994 | Full Service Brick and Mortar | |
| 24 | 256011 | Towne Centre Office | 110 Sw 4th Street, Grants Pass, OR 97526 | December 21, 1998 | Full Service Brick and Mortar | |
| 25 | 431708 | South River Branch | 290 Union Ave, Grants Pass, OR 97526 | January 01, 2004 | Full Service Brick and Mortar | |
| 26 | 479186 | North Valley Branch | 5080 Monument Drive, Grants Pass, OR 97526 | July 23, 2007 | Full Service Brick and Mortar | |
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BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.