Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
2 N. Lake Ave., Suite 1030
Pasadena, CA 91101

EverTrust Bank is headquartered in Pasadena and is the 69th largest bank in the state of California. It is also the 1,014st largest bank in the nation. It was established in 1995 and as of June of 2014, it had grown to 87 employees at 7 locations. EverTrust Bank has a A+ health rating.

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



Health

Data for Q2 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 June 30, 2014 EverTrust Bank had $4.74 million in non-current loans and owned real-estate with $134.4 million in equity and loan loss allowances on hand to cover it. This gives EverTrust Bank a Texas Ratio of 3.53% 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 EverTrust Bank decreased dramatically from 7.71% as of June 30, 2013 to 3.53% as of June 30, 2014, resulting in a positive change of 54.26%.This indicates that the balance sheet and financial strength for EverTrust Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, EverTrust Bank has increased its total deposits by $81.67 million, resulting in 20.07% 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 EverTrust 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. EverTrust Bank has $664.3 million in assets with $134.4 million in equity, resulting in a capitalization level of 20.23%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #34010
Year Established1995
Employees87
Primary RegulatorFDIC
Assets and Liabilities
Assets$664.30 million
Loans$431.04 million
Deposits$488.57 million
Equity Capital$125.52 million
Loan Loss Allowance$8.88 million
Unbacked Noncurrent Loans$4.74 million
Real Estate Owned$0
Historic Data - June 2013
Assets$576.36 million
Equity Capital$119.52 million
Loan Loss Allowance$8.63 million
Unbacked Noncurrent Loans$4.74 million
Real Estate Owned$7.34 million
Profit Margin - Quarterly
Return on Assets0.88%
Return on Equity4.59%
Interest Income$12.74 million
Rates

Sorry, we do not have rate data for EverTrust Bank

Locations


EverTrust Bank Locations
Arcadia Branch1228 S. Baldwin AveArcadia, CA 91007
Irvine Branch14250 Culver Drive, Suite CIrvine, CA 92604
City Of Industry Branch1600 S. Azusa Ave. Suite 700City Of Industry, CA 91748
Evertrust Bank2 North Lake Ave., Suite 1030Pasadena, CA 91101
Alhambra Branch200 South Garfield AvenueAlhambra, CA 91801
Cupertino Branch20510 Stevens Creek Blvd.Cupertino, CA 95014
Rosemead Branch3640 Rosemead BoulevardRosemead, CA 91770