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Merchants Bank of California, National Association

Merchants Bank of California, National Association
Overview / Commentary
One Civic Plaza, Suite 100
Carson, CA 90745

Merchants Bank of California, National Association is headquartered in Carson and is the 201st largest bank in the state of California. It is also the 4,841st largest bank in the nation. It was established in 1989 and as of March of 2014, it had grown to 54 employees at 1 location. Merchants Bank of California, National Association has a B health rating.

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Health

Data for Q1 2014

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Merchants Bank of California, National Association has a relatively low asset base.

Texas Ratio

GRADE:
C+

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 Merchants Bank of California, National Association had $4.78 million in non-current loans and owned real-estate with $20.43 million in equity and loan loss allowances on hand to cover it. This gives Merchants Bank of California, National Association a Texas Ratio of 23.42% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Merchants Bank of California, National Association increased slightly from 14.93% as of March 31, 2013 to 23.42% as of March 31, 2014, resulting in a negative change of 56.82%. This indicates that the balance sheet and financial strength for Merchants Bank of California, National Association has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Merchants Bank of California, National Association has increased its total deposits by $7.16 million, resulting in 10.47% 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 Merchants Bank of California, National Association 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. Merchants Bank of California, National Association has $95.59 million in assets with $20.43 million in equity, resulting in a capitalization level of 21.38%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #27477
Year Established1989
Employees54
Primary RegulatorOCC
Assets and Liabilities
Assets$95.59 million
Loans$22.26 million
Deposits$75.51 million
Equity Capital$18.84 million
Loan Loss Allowance$1.59 million
Unbacked Noncurrent Loans$3.12 million
Real Estate Owned$1.66 million
Historic Data - March 2013
Assets$90.83 million
Equity Capital$17.27 million
Loan Loss Allowance$1.63 million
Unbacked Noncurrent Loans$3.12 million
Real Estate Owned$537,000
Profit Margin - Quarterly
Net Interest Margin3.38%
Return on Assets1.92%
Return on Equity9.73%
Interest Income$476,000
Rates

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Locations


Merchants Bank of California, National Association Locations
Merchants Bank Of California, National AssociationOne Civic Plaza, Suite 100Carson, CA 90745