Suncrest Bank in Visalia, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Suncrest Bank in Visalia, California (CA)
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Suncrest Bank - Overview

  • General
  • FDIC Certificate #: 58728
    Status: Active
    Federal Reserve ID: 3750650
    Date Established: May 19, 2008
    WWW: http://www.suncrestbank.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 #: 464278
    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: May 19, 2008
    Last Structure Change Effective Date: May 19, 2008
    Last Structure Change Process Date: May 19, 2008
    Last Data Update: May 19, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 400 West Center Avenue, Visalia, CA 93291
    County: Tulare
    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): Visalia-Tulare-Porterville, CA (#8780)
    Core Based Statistical Area (CBSA): Visalia-Porterville, CA (#47300)
    CBSA Metro Statistical Area: Visalia-Porterville, CA (#47300)
  • History of Changes
  • Change in Location
    New Institution
  • Financial Summary
  • Total assets: $91.2 mil
    Equity capital: $12.7 mil
    Deposits held in domestic offices: $78.0 mil
    Return on assets (ROA): -0.47% (-$0.4 mil)
    Quarterly return on assets: 0.12% ($0.1 mil)
    Return on Equity (ROE): -3.07% (-$0.4 mil)
    Quarterly return on equity: 0.88% ($0.1 mil)
    Net income: -$0.4 mil
    Quarterly Net income: $0.0 mil
    Pretax return on assets: -0.47% (-$428.6 mil)
    Quarterly Pretax return on assets: 0.12% ($109.4 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
  • 23Total employees (full-time equivalent)
  • $91,190Total assets
  • $3,247Cash and due from depository institutions
  • $0Interest-bearing balances
  • $15,131Securities
  • $1,975Federal funds sold & reverse repurchase agreements
  • $68,543Net loans & leases
  • $1,312Loan loss allowance
  • $0Trading account assets
  • $1,076Bank premises and fixed assets
  • $252Other real estate owned
  • $0Goodwill and other intangibles
  • $91,189Life insurance assets
  • $966All other assets
  • $78,462Total liabilities and capital
  • $78,043Total liabilities
  • $55,611Total deposits
  • $78,043Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $419Subordinated debt
  • $12,727All other liabilities
  • $12,727Total equity capital
  • $12,727Total bank equity capital
  • $0Perpetual preferred stock
  • $19,118Common stock
  • $1,434Surplus
  • $-7,825Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,549Income earned, not collected on loans
  • $0Earning assets
  • $278Long-term assets (5+ years)
  • $85,649Average Assets, year-to-date
  • $35,841Average Assets, quarterly
  • $83,828Volatile liabilities
  • $90,117Insider loans
  • $77,220FHLB advances
  • $91,635Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,699Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $7,595Restructured Loans and leases
  • $5,624Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,223Total interest income
  • $426Total interest expense
  • $3,797Net interest income
  • $223Provision for loan and lease losses
  • $110Total noninterest income
  • $0Fiduciary activities
  • $34Service charges on deposit accounts
  • $0Trading account gains & fees
  • $76Additional noninterest income
  • $4,075Total noninterest expense
  • $2,132Salaries and employee benefits
  • $799Premises and equipment expense
  • $1,144Additional noninterest expense
  • -$391Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • -$392Income before extraordinary items
  • $0Extraordinary gains - net
  • -$392Net income attributable to bank
  • $0Net charge-offs
  • -$392Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.33%Yield on earning assets
  • 0.54%Cost of funding earning assets
  • 4.79%Net interest margin
  • 0.14%Noninterest income to earning assets
  • 5.14%Noninterest expense to earning assets
  • -0.47%Net operating income to assets
  • -0.47%Return on assets (ROA)
  • -0.47%Pretax return on assets
  • -3.07%Return on equity (ROE)
  • -3.07%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 104,300Assets per employee
  • 3.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.88%Loss allowance to noncurrent loans
  • 84.70%Noncurrent assets plus other real estate owned to assets
  • 1.97%Noncurrent loans to loans
  • 2.22%Net loans and leases to deposits
  • 87.83%Net loans and leases to core deposits
  • 90.49%Equity capital to assets
  • 13.96%Core capital (leverage) ratio
  • 13.86%Tier 1 risk-based capital ratio
  • 16.45%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $83,828Average earning assets
  • $12,779Average equity
  • $79,278Average loans

List of branches

  • 2 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0464278Suncrest Bank400 West Center Avenue, Visalia, CA 93291May 19, 2008Full Service Brick and Mortar
    1486604Porterville Branch65 West Olive Avenue, Porterville, CA 93257August 04, 2008Full Service Brick and Mortar

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