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Overview / Commentary
213-784-4771
800 West Sixth Street, Suite 1000
Los Angeles, CA 90017

California Business Bank is headquartered in Los Angeles and is the 200th largest bank in the state of California. It is also the 5,067th largest bank in the nation. It was established in 2005 and as of June of 2014, it had grown to 22 employees at 1 location. California Business Bank's money market rates are 82% higher than the national average, and it has a A health rating.

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Health

Data for Q2 2014

Institution Health

A
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. California Business Bank has a relatively low asset base.

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 June 30, 2014 California Business Bank had $1.49 million in non-current loans and owned real-estate with $15.87 million in equity and loan loss allowances on hand to cover it. This gives California Business Bank a Texas Ratio of 9.42% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for California Business Bank decreased dramatically from 65.44% as of June 30, 2013 to 9.42% as of June 30, 2014, resulting in a positive change of 85.61%.This indicates that the balance sheet and financial strength for California Business Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, California Business Bank has increased its total deposits by $13.54 million, resulting in 30.27% 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 California Business Bank 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. California Business Bank has $83.29 million in assets with $15.87 million in equity, resulting in a capitalization level of 19.05%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58037
Year Established2005
Employees22
Primary RegulatorFDIC
Assets and Liabilities
Assets$83.29 million
Loans$69.44 million
Deposits$58.30 million
Equity Capital$13.55 million
Loan Loss Allowance$2.32 million
Unbacked Noncurrent Loans$1.49 million
Real Estate Owned$0
Historic Data - June 2013
Assets$46.12 million
Equity Capital$1.06 million
Loan Loss Allowance$2.37 million
Unbacked Noncurrent Loans$1.49 million
Real Estate Owned$424,000
Profit Margin - Quarterly
Return on Assets-4.74%
Return on Equity-25.92%
Interest Income$1.20 million
Rates
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California Business Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.35%--Personal Savings

California Business Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.80%--Personal Money Market
0.80%--Business Money Market

California Business Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.90%$5k-Personal 12 Month CD
0.90%--12 Month Business CD
Locations


California Business Bank Locations
California Business Bank800 West Sixth Street, Suite 1000Los Angeles, CA 90017