Valley Republic Bank in Bakersfield, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Valley Republic Bank - Overview

  • General
  • FDIC Certificate #: 58828
    Status: Active
    Federal Reserve ID: 3885123
    Date Established: Febuary 02, 2009
    WWW: http://www.valleyrepublicbank.com
    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 #: 469636
    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: Febuary 02, 2009
    Last Structure Change Effective Date: January 22, 2010
    Last Structure Change Process Date: January 22, 2010
    Last Data Update: January 22, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 5000 California Avenue, Suite 110, Bakersfield, CA 93309
    County: Kern
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Los Angeles (North)
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Bakersfield, CA (#680)
    Core Based Statistical Area (CBSA): Bakersfield-Delano, CA (#12540)
    CBSA Metro Statistical Area: Bakersfield-Delano, CA (#12540)
  • Financial Summary
  • Total assets: $256.1 mil
    Equity capital: $35.1 mil
    Deposits held in domestic offices: $220.3 mil
    Return on assets (ROA): 0.32% ($0.8 mil)
    Quarterly return on assets: 0.35% ($0.9 mil)
    Return on Equity (ROE): 2.18% ($0.8 mil)
    Quarterly return on equity: 2.52% ($0.9 mil)
    Net income: $0.7 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.32% ($819.6 mil)
    Quarterly Pretax return on assets: 0.35% ($896.4 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
  • 27Total employees (full-time equivalent)
  • $256,115Total assets
  • $34,624Cash and due from depository institutions
  • $30,286Interest-bearing balances
  • $130,667Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $87,625Net loans & leases
  • $1,685Loan loss allowance
  • $0Trading account assets
  • $870Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $256,115Life insurance assets
  • $2,329All other assets
  • $221,056Total liabilities and capital
  • $220,260Total liabilities
  • $155,837Total deposits
  • $220,260Interest-bearing deposits
  • $54Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $796Subordinated debt
  • $35,059All other liabilities
  • $35,059Total equity capital
  • $35,059Total bank equity capital
  • $0Perpetual preferred stock
  • $36,433Common stock
  • $1,237Surplus
  • $-2,611Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $244Income earned, not collected on loans
  • $0Earning assets
  • $732Long-term assets (5+ years)
  • $248,578Average Assets, year-to-date
  • $96,752Average Assets, quarterly
  • $233,664Volatile liabilities
  • $259,273Insider loans
  • $109,933FHLB advances
  • $267,636Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $34,510Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $26,686Restructured Loans and leases
  • $2,959Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,753Total interest income
  • $710Total interest expense
  • $6,043Net interest income
  • $543Provision for loan and lease losses
  • $163Total noninterest income
  • $0Fiduciary activities
  • $141Service charges on deposit accounts
  • $0Trading account gains & fees
  • $22Additional noninterest income
  • $4,963Total noninterest expense
  • $2,551Salaries and employee benefits
  • $519Premises and equipment expense
  • $1,893Additional noninterest expense
  • $700Pre-tax net operating income
  • $46Securities gains (losses)
  • $0Applicable income taxes
  • $746Income before extraordinary items
  • $0Extraordinary gains - net
  • $746Net income attributable to bank
  • $0Net charge-offs
  • $746Cash 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)
  • 2.97%Yield on earning assets
  • 0.31%Cost of funding earning assets
  • 2.66%Net interest margin
  • 0.07%Noninterest income to earning assets
  • 2.18%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.32%Return on assets (ROA)
  • 0.32%Pretax return on assets
  • 2.18%Return on equity (ROE)
  • 2.18%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
  • 79,971Assets per employee
  • 9.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.89%Loss allowance to noncurrent loans
  • 690.57%Noncurrent assets plus other real estate owned to assets
  • 0.10%Noncurrent loans to loans
  • 0.27%Net loans and leases to deposits
  • 39.78%Net loans and leases to core deposits
  • 40.03%Equity capital to assets
  • 13.69%Core capital (leverage) ratio
  • 12.89%Tier 1 risk-based capital ratio
  • 31.39%Total risk-based capital ratio
  • Memoranda
  • $33Average assets
  • $233,664Average earning assets
  • $34,158Average equity
  • $227,360Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0469636Valley Republic Bank5000 California Avenue, Suite 110, Bakersfield, CA 93309Febuary 02, 2009Full Service Brick and Mortar

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