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Overview / Commentary
515 South Figueroa Street
Los Angeles, CA 90071

Manufacturers Bank is headquartered in Los Angeles and is the 28th largest bank in the state of California. It is also the 316st largest bank in the nation. It was established in 1962 and as of December of 2013, it had grown to 245 employees at 11 locations. Manufacturers Bank has a A+ health rating.

Reviews (1)

Don't Bank Here

Yes - the tellers are nice but DO NOT BANK HERE - they do not care about their customers and THEY NICKLE AND DIME YOU ALL THE WAY.  You would think that a smaller bank would care more about their small business/professional customers.  I strongly recommend you bank elsewhere.



Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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, 2013 Manufacturers Bank had $2.78 million in non-current loans and owned real-estate with $307.7 million in equity and loan loss allowances on hand to cover it. This gives Manufacturers Bank a Texas Ratio of 0.90% 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 Manufacturers Bank decreased dramatically from 4.05% as of December 31, 2012 to 0.90% as of December 31, 2013, resulting in a positive change of 77.71%.This indicates that the balance sheet and financial strength for Manufacturers Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Manufacturers Bank has increased its total deposits by $91.11 million, resulting in 5.12% 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 Manufacturers 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. Manufacturers Bank has $2.3 billion in assets with $307.7 million in equity, resulting in a capitalization level of 13.36%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #18618
Year Established1962
Employees245
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.30 billion
Loans$1.55 billion
Deposits$1.87 billion
Equity Capital$283.79 million
Loan Loss Allowance$23.90 million
Unbacked Noncurrent Loans$2.78 million
Real Estate Owned$0
Historic Data - December 2012
Assets$2.20 billion
Equity Capital$282.49 million
Loan Loss Allowance$20.82 million
Unbacked Noncurrent Loans$2.78 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.21%
Return on Assets0.35%
Return on Equity2.8%
Interest Income$56.18 million
Rates

Sorry, we do not have rate data for Manufacturers Bank

Locations

Manufacturers Bank has 11 locations. Click to view all Manufacturers Bank locations.