The Bank of Santa Barbara in Santa Barbara, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

The Bank of Santa Barbara - Overview

  • General
  • FDIC Certificate #: 58098
    Status: Active
    Federal Reserve ID: 3367964
    Date Established: December 19, 2005
    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 #: 439659
    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: December 19, 2005
    Last Structure Change Effective Date: April 08, 2011
    Last Structure Change Process Date: April 08, 2011
    Last Data Update: April 08, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 12 East Figueroa Street, Santa Barbara, CA 93101
    County: Santa Barbara
    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): Santa Barbara-Santa Maria-Lompoc, CA (#7480)
    Core Based Statistical Area (CBSA): Santa Barbara-Santa Maria-Goleta, CA (#42060)
    CBSA Metro Statistical Area: Santa Barbara-Santa Maria-Goleta, CA (#42060)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $101.1 mil
    Equity capital: $13.3 mil
    Deposits held in domestic offices: $87.5 mil
    Return on assets (ROA): 0.85% ($0.9 mil)
    Quarterly return on assets: 0.59% ($0.6 mil)
    Return on Equity (ROE): 8.24% ($1.1 mil)
    Quarterly return on equity: 4.66% ($0.6 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.86% ($869.7 mil)
    Quarterly Pretax return on assets: 0.59% ($596.6 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)
  • $101,123Total assets
  • $18,639Cash and due from depository institutions
  • $13,516Interest-bearing balances
  • $7,669Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $72,359Net loans & leases
  • $1,358Loan loss allowance
  • $0Trading account assets
  • $445Bank premises and fixed assets
  • $607Other real estate owned
  • $0Goodwill and other intangibles
  • $101,124Life insurance assets
  • $1,404All other assets
  • $87,807Total liabilities and capital
  • $87,518Total liabilities
  • $65,871Total deposits
  • $87,518Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $289Subordinated debt
  • $13,317All other liabilities
  • $13,317Total equity capital
  • $13,317Total bank equity capital
  • $1,865Perpetual preferred stock
  • $18,129Common stock
  • $0Surplus
  • $-6,677Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $887Income earned, not collected on loans
  • $0Earning assets
  • $308Long-term assets (5+ years)
  • $93,544Average Assets, year-to-date
  • $22,078Average Assets, quarterly
  • $103,726Volatile liabilities
  • $104,491Insider loans
  • $83,746FHLB advances
  • $102,596Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $13,345Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,281Restructured Loans and leases
  • $3,230Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,537Total interest income
  • $626Total interest expense
  • $3,911Net interest income
  • $0Provision for loan and lease losses
  • $1,028Total noninterest income
  • $0Fiduciary activities
  • $111Service charges on deposit accounts
  • $0Trading account gains & fees
  • $917Additional noninterest income
  • $4,052Total noninterest expense
  • $2,012Salaries and employee benefits
  • $513Premises and equipment expense
  • $1,527Additional noninterest expense
  • $887Pre-tax net operating income
  • $0Securities gains (losses)
  • $1Applicable income taxes
  • $886Income before extraordinary items
  • $0Extraordinary gains - net
  • $886Net income attributable to bank
  • $0Net charge-offs
  • $886Cash dividends
  • $100Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.74%Yield on earning assets
  • 0.65%Cost of funding earning assets
  • 4.09%Net interest margin
  • 1.07%Noninterest income to earning assets
  • 4.24%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 8.24%Return on equity (ROE)
  • 8.24%Retained earnings to average equity (YTD only)
  • 0.14%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 8.87%Efficiency ratio
  • 82,041Assets per employee
  • 4.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.84%Loss allowance to noncurrent loans
  • 153.10%Noncurrent assets plus other real estate owned to assets
  • 1.48%Noncurrent loans to loans
  • 1.20%Net loans and leases to deposits
  • 82.68%Net loans and leases to core deposits
  • 84.78%Equity capital to assets
  • 13.17%Core capital (leverage) ratio
  • 13.01%Tier 1 risk-based capital ratio
  • 15.94%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $103,726Average earning assets
  • $10,755Average equity
  • $95,676Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0439659The Bank Of Santa Barbara12 East Figueroa Street, Santa Barbara, CA 93101December 19, 2005Full Service Brick and Mortar

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