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First National Bank of Northern California

Based on 2 reviews
First National Bank of Northern California
Overview / Commentary
6600 Mission Street
Daly City, CA 94014

First National Bank of Northern California is headquartered in Daly City and is the 59th largest bank in the state of California. It is also the 751st largest bank in the nation. It was established in 1963 and as of March of 2014, it had grown to 181 employees at 13 locations. First National Bank of Northern California has a A health rating.

Reviews (2)

Great Bank For People In This Area

Good service. Great rates.

First National Bank Of Northern California

This is my primary bank. I use their San Mateo branch. They are more generous to the customers who primarily bank with them, and EVERYONE knows your name and treats you with respect. Very comfortable and solid conservative bank.



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 First National Bank of Northern California had $7.8 million in non-current loans and owned real-estate with $102.89 million in equity and loan loss allowances on hand to cover it. This gives First National Bank of Northern California a Texas Ratio of 7.58% 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 First National Bank of Northern California decreased dramatically from 17.35% as of March 31, 2013 to 7.58% as of March 31, 2014, resulting in a positive change of 56.29%.This indicates that the balance sheet and financial strength for First National Bank of Northern California has improved dramatically in recent periods.

Deposit Growth

GRADE:
C

In the past year, First National Bank of Northern California has decreased its total deposits by -$17.14 million, resulting in -2.17% 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 First National Bank of Northern California has shown is average.

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. First National Bank of Northern California has $900.52 million in assets with $102.89 million in equity, resulting in a capitalization level of 11.43%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #18767
Year Established1963
Employees181
Primary RegulatorOCC
Assets and Liabilities
Assets$900.53 million
Loans$566.86 million
Deposits$774.28 million
Equity Capital$92.99 million
Loan Loss Allowance$9.90 million
Unbacked Noncurrent Loans$5.33 million
Real Estate Owned$2.48 million
Historic Data - March 2013
Assets$894.10 million
Equity Capital$94.81 million
Loan Loss Allowance$9.36 million
Unbacked Noncurrent Loans$5.33 million
Real Estate Owned$6.67 million
Profit Margin - Quarterly
Net Interest Margin4.11%
Return on Assets0.82%
Return on Equity7.9%
Interest Income$8.98 million
Rates

Sorry, we do not have rate data for First National Bank of Northern California

Locations

First National Bank of Northern California has 13 locations. Click to view all First National Bank of Northern California locations.