California United Bank

California United Bank is headquartered in Encino and is the 60^th largest bank in the state of California. It is also the 824^th largest bank in the nation. It was established in 2005 and as of December of 2011, it had grown to 113 employees at 6 locations. California United Bank has a 4-star health rating.

California United Bank Routing Number: 122243884

Data for Q4 2011

Institution Statistics California United Bank FDIC Certificate # 57904 BankRate Report View Year Established 2005 Employees 113 Primary Regulator FDIC Assets and Liabilities Assets $800.20 million Loans $481.77 million Deposits $690.76 million Equity Capital $80.84 million Loan Loss Allowance $7.50 million Unbacked Noncurrent Loans $6.01 million Real Estate Owned $3.34 million Historic Data - December 2010 Assets $756.28 million Equity Capital $67.27 million Loan Loss Allowance $5.86 million Unbacked Noncurrent Loans $9.49 million Real Estate Owned $1.17 million Profit Margin - Quarterly Net Interest Margin 3.75% Return on Assets 0.19% Return on Equity 1.91% Interest Income $28.76 million

Institution Health Overall Score: 4 out of 5 Texas Ratio 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, 2011 California United Bank had $9.35 million in non-current loans and owned real-estate with $88.34 million in equity and loan loss allowances on hand to cover it. This gives California United Bank a Texas Ratio of 10.58% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for California United Bank decreased slightly from 14.49% as of December 31, 2010 to 10.58% as of December 31, 2011, resulting in a positive change of 26.96%.This indicates that the balance sheet and financial strength for California United Bank has improved slightly in recent periods. Deposit Growth In the past year, California United Bank has increased its total deposits by $32.79 million, resulting in 4.98% 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 United Bank has shown is above average. Capitalization 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 United Bank has $800.2 million in assets with $88.34 million in equity, resulting in a capitalization level of 11.04%, which is above average.

No reviews have been left for this bank yet. Be the first to review.