Bay Commercial Bank is headquartered in Walnut Creek and is the 112st largest bank in the state of California. It is also the 1,908th largest bank in the nation. It was established in 2004 and as of December of 2013, it had grown to 49 employees at 5 locations. Bay Commercial Bank's money market rates are 70% higher than the national average, and it boasts a A+ health rating.
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The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Bay Commercial Bank had $2.86 million in non-current loans and owned real-estate with $55.1 million in equity and loan loss allowances on hand to cover it. This gives Bay Commercial Bank a Texas Ratio of 5.19% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Bay Commercial Bank experienced no significant changes from 5.05% as of December 31, 2012 to 5.19% as of December 31, 2013, resulting in a negative change of 2.73%. This indicates that the balance sheet and financial strength for Bay Commercial Bank has had no significant changes in recent periods.
In the past year, Bay Commercial Bank has increased its total deposits by $25.26 million, resulting in 9.67% 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 Bay Commercial Bank has shown is excellent.
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. Bay Commercial Bank has $342.3 million in assets with $55.1 million in equity, resulting in a capitalization level of 16.10%, which is excellent.
|FDIC Certificate #||57716|
|Assets and Liabilities|
|Equity Capital||$52.32 million|
|Loan Loss Allowance||$2.78 million|
|Unbacked Noncurrent Loans||$819,000|
|Real Estate Owned||$2.04 million|
|Historic Data - December 2012|
|Equity Capital||$50.67 million|
|Loan Loss Allowance||$2.70 million|
|Unbacked Noncurrent Loans||$819,000|
|Real Estate Owned||$150,000|
|Profit Margin - Quarterly|
|Net Interest Margin||4.14%|
|Return on Assets||0.83%|
|Return on Equity||5.2%|
|Interest Income||$14.91 million|
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|0.75%||$500k||-||Business Premier Money Market|
|0.75%||$500k||-||Personal Premier Money Market|
|0.55%||$100k||-||Business Money Market|
|0.55%||$100k||-||Personal Money Market|
|0.40%||$50k||-||Business Interest Checking|
|0.40%||$50k||-||Personal Interest Checking|
|0.10%||$1k||-||Exclusive 50 Checking|
|1.16%||$250k||-||5 Year CD|
|0.90%||$250k||-||4 Year CD|
|0.70%||$250k||-||3 Year CD|
|0.65%||$300k||-||3 Year CDARS|
|0.55%||$250k||-||2 Year CD|
|0.50%||$300k||-||2 Year CDARS|
|0.40%||$250k||-||181 Day to 1 Year CD|
|0.35%||$300k||-||52 Week CDARS|
|0.30%||$250k||-||91 to 180 Day CD|
|0.25%||$250k||-||31 to 90 Day CD|
|0.25%||$300k||-||26 Week CDARS|
|0.20%||$300k||-||13 Week CDARS|
|0.15%||$250k||-||30 Day CD|
|0.10%||$300k||-||4 Week CDARS|
|0.55%||$250k||-||2 Year IRA (Traditional,Roth)|
|0.40%||$250k||-||1 Year IRA (Traditional,Roth)|
|Bay Commercial Bank Locations|
|Oakland Branch||155 Grand Avenue||Oakland, CA 94612|
|Castro Valley Branch||3895 E. Castro Valley Blvd||Castro Valley, CA 94552|
|Bay Commercial Bank||500 Ygnacio Valley Road Suite 130||Walnut Creek, CA 94596|
|Mountain View Branch||700 E. El Camino Real, Suite 100||Mountain View, CA 94040|
|Napa Branch||960 School Street||Napa, CA 94559|