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Overview / Commentary
661-362-6000
23780 Magic Mountain Pkwy.
Santa Clarita, CA 91355

Bank of Santa Clarita is headquartered in Santa Clarita and is the 125th largest bank in the state of California. It is also the 2,568th largest bank in the nation. It was established in 2004 and as of March of 2014, it had grown to 33 employees at 2 locations. Bank of Santa Clarita has a A health rating.

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Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Bank of Santa Clarita had $887,000 in non-current loans and owned real-estate with $24.08 million in equity and loan loss allowances on hand to cover it. This gives Bank of Santa Clarita a Texas Ratio of 3.68% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Bank of Santa Clarita experienced no significant changes from 0.03% as of March 31, 2013 to 3.68% as of March 31, 2014, resulting in a negative change of 12,271.52%. This indicates that the balance sheet and financial strength for Bank of Santa Clarita has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Bank of Santa Clarita has increased its total deposits by $11.4 million, resulting in 6.5% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Santa Clarita has shown is excellent.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Santa Clarita has $248.91 million in assets with $24.08 million in equity, resulting in a capitalization level of 9.68%, which is above average.

Institution Statistics

Overall
FDIC Certificate #57816
Year Established2004
Employees33
Primary RegulatorFDIC
Assets and Liabilities
Assets$248.91 million
Loans$158.28 million
Deposits$186.78 million
Equity Capital$22.00 million
Loan Loss Allowance$2.08 million
Unbacked Noncurrent Loans$887,000
Real Estate Owned$0
Historic Data - March 2013
Assets$234.92 million
Equity Capital$21.51 million
Loan Loss Allowance$2.00 million
Unbacked Noncurrent Loans$887,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.21%
Return on Assets0.4%
Return on Equity4.53%
Interest Income$2.24 million
Rates

Sorry, we do not have rate data for Bank of Santa Clarita

Locations


Bank of Santa Clarita Locations
Golden Valley Office Branch19045 Golden Valley Rd Ste 115Santa Clarita, CA 91387
Bank Of Santa Clarita23780 Magic Mountain ParkwaySanta Clarita, CA 91355