Tri Counties Bank in Chico, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Tri Counties Bank - Overview

  • General
  • FDIC Certificate #: 21943
    Status: Active
    Federal Reserve ID: 100562
    Bank Holding Company (Regulatory Top Holder): Trico Bancshares (RSSDID: 1030170, Location: Chico, CA)
    Date Established: March 11, 1975
    WWW: http://www.tcbk.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 71 (Domestic: 71, Interstate: No)
    OTS Docket #: 10395
    FDIC's unique #: 15207
    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: March 11, 1975
    Last Structure Change Effective Date: September 23, 2011
    Last Structure Change Process Date: September 26, 2011
    Last Data Update: September 26, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 63 Constitution Drive, Chico, CA 95973
    County: Butte
    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): Chico-Paradise, CA (#1620)
    Core Based Statistical Area (CBSA): Chico, CA (#17020)
    CBSA Metro Statistical Area: Chico, CA (#17020)
  • History of Changes
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $2,554.4 mil
    Equity capital: $256.0 mil
    Deposits held in domestic offices: $2,191.2 mil
    Return on assets (ROA): 0.85% ($21.7 mil)
    Quarterly return on assets: 1.08% ($27.6 mil)
    Return on Equity (ROE): 7.98% ($20.4 mil)
    Quarterly return on equity: 10.76% ($27.5 mil)
    Net income: $19.7 mil
    Quarterly Net income: $6.8 mil
    Pretax return on assets: 1.36% ($34,739.3 mil)
    Quarterly Pretax return on assets: 1.70% ($43,424.1 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
  • 718Total employees (full-time equivalent)
  • $2,554,359Total assets
  • $637,275Cash and due from depository institutions
  • $563,623Interest-bearing balances
  • $229,223Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $1,515,336Net loans & leases
  • $45,914Loan loss allowance
  • $0Trading account assets
  • $19,893Bank premises and fixed assets
  • $16,332Other real estate owned
  • $21,422Goodwill and other intangibles
  • $2,554,359Life insurance assets
  • $114,878All other assets
  • $2,298,348Total liabilities and capital
  • $2,191,241Total liabilities
  • $1,649,260Total deposits
  • $2,191,241Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 50000.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $22,541Trading liabilities
  • $0Other borrowed funds
  • $34,566Subordinated debt
  • $256,011All other liabilities
  • $256,011Total equity capital
  • $256,011Total bank equity capital
  • $0Perpetual preferred stock
  • $5,858Common stock
  • $82,117Surplus
  • $168,036Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $10,219Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $90,335Income earned, not collected on loans
  • $3,151Earning assets
  • $7,312Long-term assets (5+ years)
  • $2,308,182Average Assets, year-to-date
  • $932,673Average Assets, quarterly
  • $2,319,917Volatile liabilities
  • $2,520,794Insider loans
  • $1,855,362FHLB advances
  • $2,487,783Loans and leases held for sale
  • $50,403Unused loan commitments
  • $50,403Tier 1 (core) risk-based capital
  • $234,919Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $590,669Restructured Loans and leases
  • $7,660Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $102,982Total interest income
  • $8,979Total interest expense
  • $94,003Net interest income
  • $23,060Provision for loan and lease losses
  • $42,813Total noninterest income
  • $0Fiduciary activities
  • $15,564Service charges on deposit accounts
  • $0Trading account gains & fees
  • $27,249Additional noninterest income
  • $82,133Total noninterest expense
  • $44,204Salaries and employee benefits
  • $9,919Premises and equipment expense
  • $28,010Additional noninterest expense
  • $31,623Pre-tax net operating income
  • $0Securities gains (losses)
  • $11,968Applicable income taxes
  • $19,655Income before extraordinary items
  • $0Extraordinary gains - net
  • $19,655Net income attributable to bank
  • $0Net charge-offs
  • $19,655Cash dividends
  • $19,717Sale, conversion, retirement of capital stock, net
  • $7,185Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.92%Yield on earning assets
  • 0.43%Cost of funding earning assets
  • 4.49%Net interest margin
  • 2.05%Noninterest income to earning assets
  • 3.93%Noninterest expense to earning assets
  • 0.85%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.36%Pretax return on assets
  • 7.98%Return on equity (ROE)
  • 5.06%Retained earnings to average equity (YTD only)
  • 1.34%Net charge-offs to loans
  • 116.95%Credit loss provision to net charge-offs
  • 2.77%Efficiency ratio
  • 59,902Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 36.56%Loss allowance to loans
  • 2.94%Loss allowance to noncurrent loans
  • 50.83%Noncurrent assets plus other real estate owned to assets
  • 4.18%Noncurrent loans to loans
  • 5.79%Net loans and leases to deposits
  • 69.15%Net loans and leases to core deposits
  • 72.03%Equity capital to assets
  • 10.02%Core capital (leverage) ratio
  • 9.44%Tier 1 risk-based capital ratio
  • 12.66%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $2,319,917Average earning assets
  • $246,386Average equity
  • $2,092,128Average loans

List of branches

  • 71 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015207Tri Counties Bank63 Constitution Drive, Chico, CA 95973March 11, 1975Full Service Brick and Mortar
    1253741Willows Branch210 North Tehama Street, Willows, CA 95988May 09, 1977Full Service Brick and Mortar
    2253742Durham Branch9411 Midway Road, Durham, CA 95938March 01, 1978Full Service Brick and Mortar
    3253743Orland Branch100 East Walker Street, Orland, CA 95963August 20, 1979Full Service Brick and Mortar
    4253744Chico Pillsbury2171 Pillsbury Road, Chico, CA 95926Febuary 25, 1980Full Service Brick and Mortar
    511136Redding Downtown Branch1845 California Street, Redding, CA 96001Febuary 15, 1952Full Service Brick and Mortar
    7240402Cottonwood Branch3349 Main Street, Cottonwood, CA 96022August 10, 1970Full Service Brick and Mortar
    8240403Palo Cedro Branch9125 Deschutes Road, Palo Cedro, CA 96073March 31, 1975Full Service Brick and Mortar
    9240404Burney Branch37093 State Hwy 299e, Burney, CA 96013July 16, 1979Full Service Brick and Mortar
    10240405Fall River Mills Branch43308 Highway 299 East, Fall River Mills, CA 96028October 19, 1979Full Service Brick and Mortar
    11199323Yreka Branch165 South Broadway, Yreka, CA 96097June 27, 1955Full Service Brick and Mortar
    13253746Yuba City Branch1441 Colusa Avenue, Yuba City, CA 95993September 10, 1990Full Service Brick and Mortar
    14253747Red Bluff Branch727 South Main Street, Red Bluff, CA 96080March 07, 1994Full Service Retail
    15253748Yuba City Onstott Branch700 Onstott Road, Yuba City, CA 95991March 28, 1994Full Service Retail
    1632172Redding Hilltop1250 Hilltop Drive, Redding, CA 96003March 11, 1985Full Service Brick and Mortar
    17253749Redding Hartnell Branch110 Hartnell Avenue, Redding, CA 96002June 13, 1994Full Service Retail
    18253750Redding Lake Blvd201 Lake Boulevard, Redding, CA 96003May 31, 1994Full Service Retail
    19253751Chico Park Plaza780 Mangrove Avenue, Chico, CA 95926May 05, 1978Full Service Brick and Mortar
    20253752Chico East Avenue Branch146 West East Avenue, Chico, CA 95926November 07, 1995Full Service Retail
    21253753Grass Valley Fowler Center12054 Nevada City Highway, Grass Valley, CA 95945March 11, 1996Full Service Retail
    23287060Marysville Branch904 E Street, Marysville, CA 95901March 14, 1994Full Service Brick and Mortar
    24188144Mt. Shasta Branch204 Chestnut, Mount Shasta, CA 96067March 01, 1965Full Service Brick and Mortar
    25188211Susanville Branch1605 Main Street, Susanville, CA 96130September 19, 1955Full Service Brick and Mortar
    26188060Crescent City Branch936 Third Street, Crescent City, CA 95531June 07, 1957Full Service Brick and Mortar
    27188078Gustine Branch319 5th Street, Gustine, CA 95322May 01, 1919Full Service Brick and Mortar
    28188036Weed Branch303 Main Street, Weed, CA 96094December 01, 1954Full Service Brick and Mortar
    29188581Covelo Branch76405 Covelo Road, Covelo, CA 95428August 03, 1964Full Service Brick and Mortar
    30188619Middletown Branch21097 Calistoga Street, Middletown, CA 95461March 19, 1966Full Service Brick and Mortar
    31188648Patterson Branch17 Plaza, Patterson, CA 95363June 27, 1955Full Service Brick and Mortar
    32247529Chowchilla Branch305 Trinity Street, Chowchilla, CA 93610November 12, 1968Full Service Brick and Mortar
    33253754Telephone Banking Center Branch63 Constitution Drive, Chico, CA 95973September 01, 1996Full Service Cyber
    34253755Sacramento Arden Fair1760 Challenge Way, Suite 100, Sacramento, CA 95815November 09, 1998Full Service Brick and Mortar
    35253756Bakersfield Branch5201 California Avenue, Suite 102, Bakersfield, CA 93309November 16, 1998Full Service Brick and Mortar
    36253757Chico Esplanade Branch211 W East Avenue, Chico, CA 95926March 01, 1999Full Service Retail
    41358861Paradise6848 Q Skyway, Paradise, CA 95969August 14, 2000Full Service Brick and Mortar
    43363612Brentwood Branch2400 Sand Creek Road, Brentwood, CA 94513May 01, 2002Full Service Retail
    44363897Oroville Branch1180 Oro Dam Boulevard, Oroville, CA 95965June 03, 2002Full Service Brick and Mortar
    45365550Fresno Branch7020 North Marks Avenue, Suite 101, Fresno, CA 93711November 12, 2002Full Service Brick and Mortar
    46365649North Natomas4650 Natomas Boulevard, Sacramento, CA 95835December 11, 2002Full Service Brick and Mortar
    4716607Chico Downtown525 Salem Street, Chico, CA 95928March 15, 1982Full Service Brick and Mortar
    48256689Messenger Service BranchFifth And Salem Streets, Chico, CA 95927August 23, 1993Limited Service Messenger
    50425760Roseville Douglas Blvd Branch1915 Douglas Boulevard, Roseville, CA 95661November 10, 2003Full Service Brick and Mortar
    51427733Turlock Branch2900 Geer Road, Turlock, CA 95382April 19, 2004Full Service Brick and Mortar
    52429681Folsom Blue Ravine Branch1003 East Bidwell, Folsom, CA 95630December 29, 2003Full Service Retail
    53433035Woodland Branch1885 E. Gibson Road, Woodland, CA 95776November 10, 2004Full Service Retail
    54434096Lincoln Branch765 S. Highway 65, Lincoln, CA 95648January 24, 2005Full Service Brick and Mortar
    56445523Roseville Pleasant Grove900 Pleasant Grove Boulevard, Roseville, CA 95678October 25, 2005Full Service Brick and Mortar
    57447400Yuba City Market Place1150 Harter Road, Yuba City, CA 95993January 31, 2006Full Service Retail
    58449847Folsom Empire Ranch Branch25025 Blue Ravine Road, Folsom, CA 95630March 15, 2006Full Service Retail
    59450430Natomas Arena Blvd Branch3250 Arena Boulevard, Sacramento, CA 95834April 05, 2006Full Service Retail
    60451125Antelope Branch5821 Antelope Road, Sacramento, CA 95842May 03, 2006Full Service Retail
    61451187Anderson Branch5000 Rhonda Road, Anderson, CA 96007May 15, 2006Full Service Retail
    62454681Elk Grove Branch4900 Elk Grove Boulevard, Elk Grove, CA 95758August 09, 2006Full Service Retail
    63464419West Sacramento755 Riverpoint Court, West Sacramento, CA 95605June 06, 2007Full Service Retail
    64467604Modesto Village One Branch3020 Floyd Avenue, Modesto, CA 95355August 22, 2007Full Service Brick and Mortar
    65467934American Canyon Branch7011 North Main Street, American Canyon, CA 94503September 12, 2007Full Service Brick and Mortar
    66492556Visalia Branch509 S. Pinkham Street, Visalia, CA 93292December 22, 2008Full Service Brick and Mortar
    68502032Chico South Branch2483 Notre Dame Blvd, Suite A, Chico, CA 95928December 14, 2009Full Service Retail
    69506536Bakersfield South Panama6225 Colony Street, Bakersfield, CA 93307October 28, 2009Full Service Retail
    71506539Bakersfield Gosford5075 Gosford Road, Bakersfield, CA 93313March 17, 2010Full Service Retail
    72361450Granite Bay Branch4100 Douglas Boulevard, Granite Bay, CA 95746June 04, 2002Full Service Brick and Mortar
    73442252Auburn Branch789 High Street, Auburn, CA 95603July 01, 2004Full Service Brick and Mortar
    75510951Redding Dana Drive Branch1515 Dana Drive, Redding, CA 96003June 02, 2010Full Service Retail
    76521500Modesto Branch3601 Pelandale Avenue, Suite E5, Modesto, CA 95356July 18, 2011Full Service Retail
    7755561Citizens Bank Of Northern California305 Railroad Avenue, Suite #1, Nevada City, CA 95959Febuary 08, 1995Full Service Brick and Mortar
    78290265Grass Valley Downtown Branch305 Neal Street, Grass Valley, CA 95945June 24, 1996Full Service Brick and Mortar
    79290266Penn Valley Branch11362 Pleasant Valley Road, Penn Valley, CA 95946January 12, 1998Full Service Brick and Mortar
    80358856Grass Valley Olympia Park Branch709 Sutton Way, Grass Valley, CA 95945August 28, 2000Full Service Brick and Mortar
    81442393Lake Of The Pines Branch10037 Combie Road, Auburn, CA 95602October 15, 2004Full Service Brick and Mortar
    82455071Truckee Branch12047 Donner Pass Road, Truckee, CA 96161September 12, 2006Full Service Brick and Mortar
    83458319Auburn Downtown Branch905 Lincoln Way, Auburn, CA 95603January 09, 2007Full Service Brick and Mortar

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