The Merchants National Bank of Sacramento in Sacramento, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • The Merchants National Bank of Sacramento in Sacramento, California (CA)
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The Merchants National Bank of Sacramento - Overview

  • General
  • FDIC Certificate #: 3502
    Status: Active
    Federal Reserve ID: 249564
    Bank Holding Company (Regulatory Top Holder): Merchants Holding Company (RSSDID: 2320403, Location: Sacramento, CA)
    Date Established: January 01, 1921
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 2234
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Mortgage Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1015 Seventh Street, Sacramento, CA 95814
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $184.9 mil
    Equity capital: $18.4 mil
    Deposits held in domestic offices: $164.5 mil
    Return on assets (ROA): 1.00% ($1.9 mil)
    Quarterly return on assets: 0.95% ($1.8 mil)
    Return on Equity (ROE): 10.16% ($1.8 mil)
    Quarterly return on equity: 9.37% ($1.7 mil)
    Net income: $1.8 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 1.49% ($2,755.5 mil)
    Quarterly Pretax return on assets: 1.43% ($2,644.6 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
  • 17Total employees (full-time equivalent)
  • $184,935Total assets
  • $9,629Cash and due from depository institutions
  • $8,732Interest-bearing balances
  • $111,188Securities
  • $2,000Federal funds sold & reverse repurchase agreements
  • $58,880Net loans & leases
  • $843Loan loss allowance
  • $0Trading account assets
  • $214Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $184,935Life insurance assets
  • $3,024All other assets
  • $166,485Total liabilities and capital
  • $164,500Total liabilities
  • $130,872Total deposits
  • $164,500Interest-bearing deposits
  • $74Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,985Subordinated debt
  • $18,450All other liabilities
  • $18,450Total equity capital
  • $18,450Total bank equity capital
  • $0Perpetual preferred stock
  • $250Common stock
  • $1,441Surplus
  • $16,759Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $737Long-term assets (5+ years)
  • $180,800Average Assets, year-to-date
  • $107,816Average Assets, quarterly
  • $177,604Volatile liabilities
  • $182,362Insider loans
  • $65,283FHLB advances
  • $182,592Loans and leases held for sale
  • $427Unused loan commitments
  • $427Tier 1 (core) risk-based capital
  • $16,674Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,477Restructured Loans and leases
  • $2,672Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,612Total interest income
  • $911Total interest expense
  • $5,701Net interest income
  • $240Provision for loan and lease losses
  • $138Total noninterest income
  • $0Fiduciary activities
  • $29Service charges on deposit accounts
  • $0Trading account gains & fees
  • $109Additional noninterest income
  • $3,339Total noninterest expense
  • $1,846Salaries and employee benefits
  • $173Premises and equipment expense
  • $1,320Additional noninterest expense
  • $2,260Pre-tax net operating income
  • $387Securities gains (losses)
  • $876Applicable income taxes
  • $1,771Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,771Net income attributable to bank
  • $0Net charge-offs
  • $1,771Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $583Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.82%Yield on earning assets
  • 0.53%Cost of funding earning assets
  • 3.29%Net interest margin
  • 0.08%Noninterest income to earning assets
  • 1.93%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 1.00%Return on assets (ROA)
  • 1.49%Pretax return on assets
  • 10.16%Return on equity (ROE)
  • 6.82%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
  • 57,184Assets per employee
  • 10.88%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 32.92%Loss allowance to loans
  • 1.41%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 35.79%Net loans and leases to core deposits
  • 42.93%Equity capital to assets
  • 9.98%Core capital (leverage) ratio
  • 9.13%Tier 1 risk-based capital ratio
  • 25.54%Total risk-based capital ratio
  • Memoranda
  • $27Average assets
  • $177,604Average earning assets
  • $17,424Average equity
  • $173,238Average loans

List of branches

  • 4 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    02234The Merchants National Bank Of Sacra1015 Seventh Street, Sacramento, CA 95814January 01, 1921Full Service Brick and Mortar
    1197254Merchants National BranchSacramento, Yolo And Placer Counties, Sacramento, CA 95814May 28, 1996Full Service Brick and Mortar
    2497956Mnb Mobile Branch1015 7th Street, Sacramento, CA 95814September 22, 2009Limited Service Mobile
    3511405Mnb Mobile Branch1015 7th Street, Sacramento, CA 95814October 05, 2009Limited Service Mobile

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