Home Bank of California

875 Garnet Avenue
San Diego, CA 92109
(858) 270-5881
www.homebankofcalifornia.com

FDIC


Home Bank of California is headquartered in San Diego and is the 208th largest bank in the state of California. It is also the 4,690th largest bank in the nation. It was established in 1981 and as of March of 2013, it had grown to 19 employees at 1 location. Home Bank of California has a 4-star health rating.

Home Bank of California Routing Number: 322285480



See Rates for: Checking | Savings | CD | IRA

Home Bank of California Checking Account Rates

ApyMinMaxProduct
0.15%$500-Interest Checking

Home Bank of California Savings Account Rates

ApyMinMaxProduct
0.15%$50$1kSuper Money Fund
0.10%$50-Statement Savings

Home Bank of California CD Rates

ApyMinMaxProduct
1.31%$10k-60 Month CD
1.11%$10k-48-59 Month CD
0.91%$10k-36-47 Month CD
0.60%$10k-24-35 Month CD
0.40%$10k-18-23 Month CD
0.35%$10k-12-17 Month CD
0.10%$2,500-3-5 Month CD
0.10%$2,500-6-8 Month CD
0.10%$2,500-9-11 Month CD

Home Bank of California IRA Rates

ApyMinMaxProduct
1.31%$500-60 Month IRA
1.31%$500-60 Month Roth IRA
1.31%$500-60 Month CESA
1.31%$500-60 Month SIMPLE IRA
1.11%$500-48-59 Month IRA
1.11%$500-48-59 Month Roth IRA
1.11%$500-48-59 Month CESA
1.11%$500-48-59 Month SIMPLE IRA
0.90%$500-36-47 Month IRA
0.90%$500-36-47 Month Roth IRA
0.90%$500-36-47 Month CESA
0.90%$500-36-47 Month SIMPLE IRA
0.60%$500-24-35 Month IRA
0.60%$500-24-35 Month Roth IRA
0.60%$500-24-35 Month CESA
0.60%$500-24-35 Month SIMPLE IRA
0.40%$500-18-23 Month IRA
0.40%$500-18-23 Month Roth IRA
0.40%$500-18-23 Month CESA
0.40%$500-18-23 Month SIMPLE IRA

Rates updated: 6/18/2013

Data for Q1 2013


Institution Statistics


Home Bank of California
FDIC Certificate #26271
BankRate ReportView
Year Established1981
Employees19
Primary RegulatorFDIC

Assets and Liabilities

Assets$106.72 million
Loans$91.54 million
Deposits$65.56 million
Equity Capital$20.48 million
Loan Loss Allowance$1.13 million
Unbacked Noncurrent Loans$1.97 million
Real Estate Owned$1.20 million

Historic Data - March 2012

Assets$125.78 million
Equity Capital$20.28 million
Loan Loss Allowance$1.55 million
Unbacked Noncurrent Loans$730,000
Real Estate Owned$3.98 million

Profit Margin - Quarterly

Net Interest Margin4.6%
Return on Assets1.58%
Return on Equity8.89%
Interest Income$1.73 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
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 March 31, 2013 Home Bank of California had $3.16 million in non-current loans and owned real-estate with $21.61 million in equity and loan loss allowances on hand to cover it. This gives Home Bank of California a Texas Ratio of 14.65% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Home Bank of California decreased slightly from 21.58% as of March 31, 2012 to 14.65% as of March 31, 2013, resulting in a positive change of 32.12%.This indicates that the balance sheet and financial strength for Home Bank of California has improved slightly in recent periods.
Deposit Growth1
In the past year, Home Bank of California has decreased its total deposits by -$12.83 million, resulting in -16.37% 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 Home Bank of California has shown is poor.
Capitalization5
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. Home Bank of California has $106.72 million in assets with $21.61 million in equity, resulting in a capitalization level of 20.25%, which is excellent.
Write Review

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