Pacific Valley Bank Reports – 3293540

Pacific Valley Bank Financial Reports

Quarter Ended: 2024-09-30

Data Updated on: 11/22/2024

Pacific Valley Bank is a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC) located in Salinas, CA. Established on 09/14/2004, the bank is regulated by the FDIC and has 4 domestic offices. It operates in the Salinas, CA.

The bank has 53 employees and holds $551,151k in total assets. With a focus on community banking, the bank has been serving its customers since 09/14/2004.

Learn more about Pacific Valley Bank on Visbanking Report Portal. See pricing on Visbanking Pricing Page or request a demo on Request Demo Page. Follow us on Linkedin for more information about the US Banking System Visbanking Linkedin Page for the latest updates.

Talk with the Founder

Pacific Valley Bank Institution Profile

Established Date09/14/2004Institution ClassCommercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC)
Primary RegulatorFDICNumber of Domestic Offices4
Number of Foreign Offices0Number of US Offices0
Number of Employees53Directly owned by another bank (CERT)No
Community BankYesZIP93901
Ownership TypeNot MutualCitySalinas
State Alpha codeCAState and County Number6053
Subchapter S CorporationsNoTrust PowersTrust Powers Not Known
Federal Reserve ID Number12Federal Reserve ID Number DescriptionSAN FRANCISCO
Office of The Comptroller District:WESTERN DISTRICTOffice of Thrift Supervision RegionWestern
Last Structure Change Effective Date08/31/2022Date of Deposit Insurance09/14/2004
Primary Insurance AgencyDIF

Institution Profile Overview

Delve into the foundational details of Pacific Valley Bank with our “Institution Profile” table. The 09/14/2004 marks the bank’s inception, providing historical context. Categorized as a Commercial bank, state charter, Fed non-member, and supervised by the Federal Deposit Insurance Corporation (FDIC), the bank operates under the oversight of FDIC, ensuring compliance and regulatory adherence.

4 domestic offices reflect the bank’s physical footprint, while insights into ownership type, trust powers, and regulatory affiliations contribute to understanding its operational structure. Details such as Salinas, CA, and 93901 provide geographic context. Explore these attributes to gain a holistic view of Pacific Valley Bank in the financial landscape.

Pacific Valley Bank Financials

(USD, in thousands)

Total Assets$551,151Total Liabilities$479,021
Total Equity Capital$72,130Total Deposits$473,212
Net Loans and Leases$462,855Total Interest Income$7,574
Total Noninterest Income$379Total Interest Expense$2,975
Total Noninterest Expense$3,131Tier 1 Risk-Based Capital Ratio0.00%
Net Loans and Leases to Core DepositsN/AReturn on Assets0.96%
Return on Equity7.32%Efficiency Ratio62.90%

Financial Performance Overview

Gain a comprehensive perspective on Pacific Valley Bank’s financial landscape through our “Financials” table. The bank boasts total assets of $551,151k, showcasing its substantial scale and influential market presence. A nuanced breakdown reveals insights into the bank’s financial structure and stability, with total liabilities standing at $479,021k and total equity capital at $72,130k.

Delve into key operational metrics, including total deposits of $473,212k, net loans and leases at $463k, and a meticulous analysis of income and expense components. Explore vital ratios such as the Tier 1 Risk-Based Capital Ratio, standing at 0, and Return on Assets at 0.96. These metrics provide valuable insights into the bank’s risk management strategies and overall profitability.

This detailed financial overview is designed to enhance your understanding of Pacific Valley Bank’s performance and competitive positioning within the financial industry.

Pacific Valley Bank Additional Financial Information

(USD, in thousands)

Earnings Coverage of Net Loan Charge-Offs(x)N/ANet Loans and Leases to Core DepositsN/A
Tier 1 Risk-Based Capital Ratio0.00%Securities Gains (Losses)$0
Goodwill and Other IntangiblesN/ACost of Funding Earning Assets0.00%
Yield on Earning Assets5.87%Total Interest Income$7,574
Applicable Income Taxes$545Loss Allowance to Loans and Leases1.61%
Net Loans and Leases$462,855Loss Allowance to Noncurrent Loans and Leases668.67%
Noncurrent Loans to Loans0.24%Net Income Attributable to Bank and Noncontrolling Interests$1,302
Net Interest Income$4,599Net Interest Margin3.56%
Net Operating Income to Assets0.96%Noninterest Income to Average Assets0.28%
Total Noninterest Income$379Noninterest Expense to Average Assets2.31%
Total Noninterest Expense$3,131Net Charge-Offs to Loans and Leases-0.03%
All Other AssetsN/AOther Real Estate Owned$0
Other borrowed funds$0Pre-tax Net Operating Income$1,847
Pretax Return on Assets1.36%Return on Assets0.96%
Retained Earnings to Average Equity (YTD only)N/A

Insights into Financial Metrics

Enhance your understanding of Pacific Valley Bank‘s financial standing through our Additional Financial Information table. Explore key metrics such as Net Loans and Leases: $462,855k and Net Interest Income $4,599k to gain valuable insights into the bank’s core operations and revenue streams. Assess the Tier 1 Risk-Based Capital Ratio: 0 for in-depth insights into capital adequacy and risk management strategies.

Delve into the intricacies of Net Charge-Offs to Loans and Leases: -0.03 to evaluate the bank’s asset quality and risk mitigation efforts. Examine the composition of income through Total Noninterest Income: $379k and evaluate operational efficiency using metrics like Efficiency Ratio: 62.9. This nuanced financial overview empowers a comprehensive analysis of Pacific Valley Bank‘s strategic financial position and performance in the industry.

Frequently Asked Questions (FAQs)

What is the asset size of Pacific Valley Bank?

The asset size of Pacific Valley Bank is approximately $551,151k, reflecting the bank’s scale and market presence.

How does the loan-to-deposit ratio of Pacific Valley Bank compare to industry benchmarks?

The loan-to-deposit ratio is a crucial measure of the bank’s financial health. For Pacific Valley Bank, this ratio stands at
97.81%
(please calculate and adjust this logic based on real data retrieval), compared to industry averages typically ranging from 80% to 90%.

What is the capital adequacy ratio for Pacific Valley Bank?

The Tier 1 Risk-Based Capital Ratio, a key indicator of the bank’s financial stability, is 0.

What is the net interest margin of Pacific Valley Bank, and how has it trended over the past year?

The current net interest margin is 3.56. Historical trends would require a more detailed analysis over the past quarters, which can be provided upon request.

What is the percentage of non-performing loans on Pacific Valley Bank’s balance sheet?

The percentage of non-performing loans is an important metric indicating asset quality. For Pacific Valley Bank, this stands at 0.2408.

Are there any recent regulatory changes that could impact Pacific Valley Bank’s operations?

Regulatory environments are dynamic. Specific recent changes would require further detailed scanning of regulatory updates impacting Pacific Valley Bank. For tailored insights, please consult our expert or access our detailed reports.

What is the history of Pacific Valley Bank?

Pacific Valley Bank was established on 09/14/2004. It has been serving the community for several decades, continuously adapting to the changing financial landscape. For a detailed history, please refer to the bank’s about page.

Is Pacific Valley Bank FDIC insured?

Yes, Pacific Valley Bank is FDIC insured, ensuring that deposits are protected up to the applicable limits. This underlines the bank’s commitment to maintaining customer trust and financial security.

What is the routing number for Pacific Valley Bank in OK?

The routing number for Pacific Valley Bank in Oklahoma is not available. It’s recommended to verify with the bank directly for transactions.

How big is Pacific Valley Bank?

Pacific Valley Bank is a significant player in the financial sector with total assets valued at $551,151k and a network of 4 domestic offices.

Is Pacific Valley Bank a local bank?

Pacific Valley Bank is often considered a local bank due to its strong community focus and local market presence, despite having a broader operational reach. This combination allows it to serve local communities effectively while benefiting from larger-scale operations.

This table provides key financial information about Pacific Valley Bank. Get more data about Pacific Valley Bank on Visbanking Report Portal.