Vibra Bank in Chula Vista, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Vibra Bank - Overview

  • General
  • FDIC Certificate #: 58662
    Status: Active
    Federal Reserve ID: 3800621
    Date Established: July 10, 2008
    WWW: http://www.vibrabank.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 #: 462067
    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: July 10, 2008
    Last Structure Change Effective Date: July 23, 2008
    Last Structure Change Process Date: July 23, 2008
    Last Data Update: July 23, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 530 Broadway, Chula Vista, CA 91910
    County: San Diego
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Orange
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Diego, CA (#7320)
    Core Based Statistical Area (CBSA): San Diego-Carlsbad-San Marcos, CA (#41740)
    CBSA Metro Statistical Area: San Diego-Carlsbad-San Marcos, CA (#41740)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $104.4 mil
    Equity capital: $12.4 mil
    Deposits held in domestic offices: $90.1 mil
    Return on assets (ROA): 1.51% ($1.6 mil)
    Quarterly return on assets: 2.40% ($2.5 mil)
    Return on Equity (ROE): 11.12% ($1.3 mil)
    Quarterly return on equity: 19.08% ($2.3 mil)
    Net income: $1.3 mil
    Quarterly Net income: $0.6 mil
    Pretax return on assets: 1.11% ($1,159.1 mil)
    Quarterly Pretax return on assets: 0.99% ($1,033.8 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
  • 30Total employees (full-time equivalent)
  • $104,425Total assets
  • $2,231Cash and due from depository institutions
  • $663Interest-bearing balances
  • $4,044Securities
  • $21,025Federal funds sold & reverse repurchase agreements
  • $74,887Net loans & leases
  • $1,272Loan loss allowance
  • $0Trading account assets
  • $669Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $104,425Life insurance assets
  • $1,569All other assets
  • $92,056Total liabilities and capital
  • $90,135Total liabilities
  • $72,803Total deposits
  • $90,135Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $1,600Trading liabilities
  • $0Other borrowed funds
  • $321Subordinated debt
  • $12,369All other liabilities
  • $12,369Total equity capital
  • $12,369Total bank equity capital
  • $0Perpetual preferred stock
  • $14,777Common stock
  • $1,145Surplus
  • $-3,553Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $1,905Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $250Long-term assets (5+ years)
  • $100,619Average Assets, year-to-date
  • $25,694Average Assets, quarterly
  • $85,064Volatile liabilities
  • $95,890Insider loans
  • $70,092FHLB advances
  • $96,089Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $12,318Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,099Restructured Loans and leases
  • $1,769Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $4,345Total interest income
  • $637Total interest expense
  • $3,708Net interest income
  • $132Provision for loan and lease losses
  • $1,522Total noninterest income
  • $0Fiduciary activities
  • $99Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,423Additional noninterest income
  • $4,150Total noninterest expense
  • $2,343Salaries and employee benefits
  • $466Premises and equipment expense
  • $1,341Additional noninterest expense
  • $948Pre-tax net operating income
  • $0Securities gains (losses)
  • -$338Applicable income taxes
  • $1,286Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,286Net income attributable to bank
  • $0Net charge-offs
  • $1,286Cash 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)
  • 5.30%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 4.53%Net interest margin
  • 1.86%Noninterest income to earning assets
  • 5.07%Noninterest expense to earning assets
  • 1.51%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 11.12%Return on equity (ROE)
  • 11.12%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
  • 79,350Assets per employee
  • 3.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.67%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
  • 83.08%Net loans and leases to core deposits
  • 99.03%Equity capital to assets
  • 11.84%Core capital (leverage) ratio
  • 12.82%Tier 1 risk-based capital ratio
  • 17.57%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $85,064Average earning assets
  • $11,562Average equity
  • $81,916Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0462067Vibra Bank530 Broadway, Chula Vista, CA 91910July 10, 2008Full Service Brick and Mortar

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