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


  • Valley Business Bank in Visalia, California (CA)
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Valley Business Bank - Overview

  • General
  • FDIC Certificate #: 34156
    Status: Active
    Federal Reserve ID: 2446152
    Bank Holding Company (Regulatory Top Holder): Valley Commerce Bancorp (RSSDID: 3139424, Location: Visalia, CA)
    Date Established: April 08, 1996
    WWW: http://www.valleybusinessbank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 14783
    FDIC's unique #: 56303
    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: April 08, 1996
    Last Structure Change Effective Date: January 19, 2011
    Last Structure Change Process Date: January 19, 2011
    Last Data Update: January 19, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 701 West Main Street, 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)
  • Financial Summary
  • Total assets: $365.9 mil
    Equity capital: $45.5 mil
    Deposits held in domestic offices: $316.0 mil
    Return on assets (ROA): 1.02% ($3.7 mil)
    Quarterly return on assets: 1.01% ($3.7 mil)
    Return on Equity (ROE): 8.12% ($3.7 mil)
    Quarterly return on equity: 7.92% ($3.6 mil)
    Net income: $3.5 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.56% ($5,707.7 mil)
    Quarterly Pretax return on assets: 1.54% ($5,634.6 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
  • 80Total employees (full-time equivalent)
  • $365,881Total assets
  • $60,421Cash and due from depository institutions
  • $21,690Interest-bearing balances
  • $56,705Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $224,532Net loans & leases
  • $5,469Loan loss allowance
  • $0Trading account assets
  • $8,054Bank premises and fixed assets
  • $1,141Other real estate owned
  • $0Goodwill and other intangibles
  • $365,881Life insurance assets
  • $15,028All other assets
  • $320,419Total liabilities and capital
  • $316,013Total liabilities
  • $187,424Total deposits
  • $316,013Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,000Trading liabilities
  • $0Other borrowed funds
  • $3,406Subordinated debt
  • $45,462All other liabilities
  • $45,462Total equity capital
  • $45,462Total bank equity capital
  • $0Perpetual preferred stock
  • $9,020Common stock
  • $18,100Surplus
  • $18,342Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,646Income earned, not collected on loans
  • $0Earning assets
  • $1,202Long-term assets (5+ years)
  • $302,927Average Assets, year-to-date
  • $123,148Average Assets, quarterly
  • $346,044Volatile liabilities
  • $352,922Insider loans
  • $253,559FHLB advances
  • $340,525Loans and leases held for sale
  • $7,693Unused loan commitments
  • $6,893Tier 1 (core) risk-based capital
  • $44,648Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $800Total unused commitments
  • $31,769Restructured Loans and leases
  • $8,124Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $15,647Total interest income
  • $1,553Total interest expense
  • $14,094Net interest income
  • $600Provision for loan and lease losses
  • $1,260Total noninterest income
  • $0Fiduciary activities
  • $703Service charges on deposit accounts
  • $0Trading account gains & fees
  • $557Additional noninterest income
  • $9,630Total noninterest expense
  • $5,443Salaries and employee benefits
  • $1,308Premises and equipment expense
  • $2,879Additional noninterest expense
  • $5,124Pre-tax net operating income
  • $290Securities gains (losses)
  • $1,882Applicable income taxes
  • $3,532Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,532Net income attributable to bank
  • $0Net charge-offs
  • $3,532Cash dividends
  • $1,830Sale, conversion, retirement of capital stock, net
  • $600Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.14%Yield on earning assets
  • 0.51%Cost of funding earning assets
  • 4.63%Net interest margin
  • 0.41%Noninterest income to earning assets
  • 3.16%Noninterest expense to earning assets
  • 0.97%Net operating income to assets
  • 1.02%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 8.12%Return on equity (ROE)
  • 6.74%Retained earnings to average equity (YTD only)
  • 0.78%Net charge-offs to loans
  • 32.79%Credit loss provision to net charge-offs
  • 3.13%Efficiency ratio
  • 62,720Assets per employee
  • 4.57%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 16.99%Loss allowance to loans
  • 2.38%Loss allowance to noncurrent loans
  • 96.87%Noncurrent assets plus other real estate owned to assets
  • 1.85%Noncurrent loans to loans
  • 2.45%Net loans and leases to deposits
  • 71.05%Net loans and leases to core deposits
  • 75.40%Equity capital to assets
  • 12.43%Core capital (leverage) ratio
  • 13.11%Tier 1 risk-based capital ratio
  • 17.61%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $346,044Average earning assets
  • $43,496Average equity
  • $304,285Average loans

List of branches

  • 5 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    056303Valley Business Bank701 West Main Street, Visalia, CA 93291April 08, 1996Full Service Brick and Mortar
    1197520Woodlake Branch232 North Valencia Street, Woodlake, CA 93286August 10, 1936Full Service Brick and Mortar
    2198363Tipton Branch174 South Burnet Road, Tipton, CA 93272Febuary 19, 1927Full Service Brick and Mortar
    4467933Fresno Business Banking Center7391 N. Palm Avenue, Fresno, CA 93711September 17, 2007Full Service Brick and Mortar
    5478311Tulare Business Banking Center Branc1901 E. Prosperity, Tulare, CA 93274May 19, 2008Full Service Retail

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