State Bank of India (California) in Los Angeles, California (CA), DC
Overview, Financial Summary, Detailed Financial Reports, Branches


  • State Bank of India (California) in Los Angeles, California (CA), DC
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State Bank of India (California) - Overview

  • General
  • FDIC Certificate #: 23998
    Status: Active
    Federal Reserve ID: 779968
    Bank Holding Company (Regulatory Top Holder): State Bank Of India (RSSDID: 1242562, Location: Mumbai)
    Date Established: September 03, 1982
    WWW: http://www.sbical.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 11 (Domestic: 11, Interstate: Yes)
    FDIC's unique #: 16734
    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: September 03, 1982
    Last Structure Change Effective Date: Febuary 13, 2012
    Last Structure Change Process Date: Febuary 13, 2012
    Last Data Update: Febuary 13, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 707 Wilshire Boulevard, Suite 1995, Los Angeles, CA 90017
    County: Los Angeles
    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): Los Angeles-Long Beach, CA (#4480)
    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): Los Angeles-Long Beach-Santa Ana, CA (#31100)
    CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100)
    Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
  • Financial Summary
  • Total assets: $799.1 mil
    Equity capital: $124.4 mil
    Deposits held in domestic offices: $607.9 mil
    Return on assets (ROA): 0.24% ($1.9 mil)
    Quarterly return on assets: 0.65% ($5.2 mil)
    Return on Equity (ROE): 1.62% ($2.0 mil)
    Quarterly return on equity: 4.27% ($5.3 mil)
    Net income: $2.0 mil
    Quarterly Net income: $1.3 mil
    Pretax return on assets: 0.34% ($2,716.9 mil)
    Quarterly Pretax return on assets: 1.57% ($12,545.7 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
  • 117Total employees (full-time equivalent)
  • $799,091Total assets
  • $86,354Cash and due from depository institutions
  • $76,179Interest-bearing balances
  • $112,352Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $564,216Net loans & leases
  • $12,221Loan loss allowance
  • $0Trading account assets
  • $2,506Bank premises and fixed assets
  • $13,188Other real estate owned
  • $0Goodwill and other intangibles
  • $799,091Life insurance assets
  • $20,475All other assets
  • $674,691Total liabilities and capital
  • $607,939Total liabilities
  • $572,271Total deposits
  • $607,939Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $63,750Trading liabilities
  • $0Other borrowed funds
  • $3,002Subordinated debt
  • $124,400All other liabilities
  • $124,400Total equity capital
  • $124,400Total bank equity capital
  • $0Perpetual preferred stock
  • $94,500Common stock
  • $1,500Surplus
  • $28,400Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37,368Income earned, not collected on loans
  • $0Earning assets
  • $2,565Long-term assets (5+ years)
  • $752,747Average Assets, year-to-date
  • $139,055Average Assets, quarterly
  • $813,328Volatile liabilities
  • $817,791Insider loans
  • $611,388FHLB advances
  • $814,356Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $124,353Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $46,768Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $36,907Total interest income
  • $7,385Total interest expense
  • $29,522Net interest income
  • $13,404Provision for loan and lease losses
  • $3,642Total noninterest income
  • $0Fiduciary activities
  • $189Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,453Additional noninterest income
  • $19,044Total noninterest expense
  • $8,283Salaries and employee benefits
  • $438Premises and equipment expense
  • $10,323Additional noninterest expense
  • $716Pre-tax net operating income
  • $2,076Securities gains (losses)
  • $801Applicable income taxes
  • $1,991Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,991Net income attributable to bank
  • $0Net charge-offs
  • $1,991Cash dividends
  • $24,595Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.80%Yield on earning assets
  • 0.96%Cost of funding earning assets
  • 3.84%Net interest margin
  • 0.47%Noninterest income to earning assets
  • 2.47%Noninterest expense to earning assets
  • 0.06%Net operating income to assets
  • 0.24%Return on assets (ROA)
  • 0.34%Pretax return on assets
  • 1.62%Return on equity (ROE)
  • 1.62%Retained earnings to average equity (YTD only)
  • 4.05%Net charge-offs to loans
  • 54.50%Credit loss provision to net charge-offs
  • 0.57%Efficiency ratio
  • 57,424Assets per employee
  • 6.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.12%Loss allowance to noncurrent loans
  • 32.70%Noncurrent assets plus other real estate owned to assets
  • 6.33%Noncurrent loans to loans
  • 6.48%Net loans and leases to deposits
  • 92.81%Net loans and leases to core deposits
  • 136.12%Equity capital to assets
  • 15.57%Core capital (leverage) ratio
  • 15.27%Tier 1 risk-based capital ratio
  • 20.34%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $813,328Average earning assets
  • $123,236Average equity
  • $769,523Average loans

List of branches

  • 10 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    016734State Bank Of India (California)707 Wilshire Boulevard, Suite 1995, Los Angeles, CA 90017September 03, 1982Full Service Brick and Mortar
    1256872Artesia Branch18197 Pioneer Boulevard, Los Angeles, CA 90017March 31, 1988Full Service Brick and Mortar
    2256873San Jose Branch675 North First Street Suite 105, San Jose, CA 95112Febuary 26, 1997Full Service Brick and Mortar
    3424737Fresno Branch2887 W. Shaw Avenue Ste 101, Fresno, CA 93711January 21, 2004Full Service Brick and Mortar
    4441996State Bank Of India Branch22019 Sherman Way, Canoga Park, CA 91303June 20, 2005Full Service Brick and Mortar
    5444894San Diego Branch9494 Black Mountain Road Ste C, San Diego, CA 92126September 26, 2005Full Service Brick and Mortar
    6477909Bakersfield Branch3400 Panama Lane Ste R, Bakersfield, CA 93313July 01, 2008Full Service Brick and Mortar
    8520224Los Angeles Branch707 Wilshire Boulevard, Suite 1995, Los Angeles, CA 90017September 03, 1982Full Service Brick and Mortar
    9522101State Bank Of India (California) - T2827 Park Avenue, Suite 10a, Tustin, CA 92782March 07, 2011Full Service Brick and Mortar
    10522102State Bank Of India (California) - F39148 Paseo Padre Parkway, Fremont, CA 94538March 28, 2011Full Service Brick and Mortar
  • 1 District Of Columbia Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    7499525Washington, Dc Branch2001 Pennsylvania Avenue, Nw, Washington, DC 20006November 23, 2009Full Service Brick and Mortar

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