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Bridge Bank, National Association

Bridge Bank, National Association
Overview / Commentary
866-273-4265
55 Almaden Blvd
San Jose, CA 95113

Bridge Bank, National Association is headquartered in San Jose and is the 41st largest bank in the state of California. It is also the 438th largest bank in the nation. It was established in 2001 and as of March of 2014, it had grown to 235 employees at 2 locations. Bridge Bank, National Association 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 Bridge Bank, National Association had $9.11 million in non-current loans and owned real-estate with $185.08 million in equity and loan loss allowances on hand to cover it. This gives Bridge Bank, National Association a Texas Ratio of 4.92% 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 Bridge Bank, National Association experienced no significant changes from 4.13% as of March 31, 2013 to 4.92% as of March 31, 2014, resulting in a negative change of 19.07%. This indicates that the balance sheet and financial strength for Bridge Bank, National Association has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Bridge Bank, National Association has increased its total deposits by $247.04 million, resulting in 20.79% 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 Bridge Bank, National Association has shown is excellent.

Capitalization

GRADE:
A

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. Bridge Bank, National Association has $1.62 billion in assets with $185.08 million in equity, resulting in a capitalization level of 11.45%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57086
Year Established2001
Employees235
Primary RegulatorOCC
Assets and Liabilities
Assets$1.62 billion
Loans$1.12 billion
Deposits$1.44 billion
Equity Capital$164.16 million
Loan Loss Allowance$20.92 million
Unbacked Noncurrent Loans$9.09 million
Real Estate Owned$23,000
Historic Data - March 2013
Assets$1.35 billion
Equity Capital$147.16 million
Loan Loss Allowance$19.06 million
Unbacked Noncurrent Loans$9.09 million
Real Estate Owned$31,000
Profit Margin - Quarterly
Net Interest Margin4.8%
Return on Assets0.99%
Return on Equity9.9%
Interest Income$18.63 million
Rates

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Locations


Bridge Bank, National Association Locations
Palo Alto Branch525 University AvenuePalo Alto, CA 94301
Bridge Bank, National Association55 Almaden BlvdSan Jose, CA 95113