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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 214st largest bank in the state of California. It is also the 5,836th largest bank in the nation. It was established in 2005 and as of March of 2014, it had grown to 19 employees at 1 location. California Business Bank's money market rates are 82% higher than the national average, and it has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+
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 March 31, 2014 California Business Bank had $557,000 in non-current loans and owned real-estate with $15.81 million in equity and loan loss allowances on hand to cover it. This gives California Business Bank a Texas Ratio of 3.52% 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 58.79% as of March 31, 2013 to 3.52% as of March 31, 2014, resulting in a positive change of 94.01%.This indicates that the balance sheet and financial strength for California Business Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
F

In the past year, California Business Bank has decreased its total deposits by -$12.48 million, resulting in -25.26% 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 poor.

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 $55.19 million in assets with $15.81 million in equity, resulting in a capitalization level of 28.64%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58037
Year Established2005
Employees19
Primary RegulatorFDIC
Assets and Liabilities
Assets$55.19 million
Loans$46.08 million
Deposits$36.91 million
Equity Capital$13.87 million
Loan Loss Allowance$1.94 million
Unbacked Noncurrent Loans$557,000
Real Estate Owned$0
Historic Data - March 2013
Assets$51.28 million
Equity Capital$1.48 million
Loan Loss Allowance$2.37 million
Unbacked Noncurrent Loans$557,000
Real Estate Owned$424,000
Profit Margin - Quarterly
Net Interest Margin3.92%
Return on Assets-7.72%
Return on Equity-38.6%
Interest Income$513,000
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