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Overview / Commentary
601 Munras Avenue
Monterey, CA 93940

Monterey County Bank is headquartered in Monterey and is the 144th largest bank in the state of California. It is also the 3,109th largest bank in the nation. It was established in 1977 and as of June of 2014, it had grown to 43 employees at 4 locations. Monterey County Bank has a D health rating.

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Data for Q2 2014

Institution Health


Texas Ratio


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 Monterey County Bank had $28.42 million in non-current loans and owned real-estate with $15.52 million in equity and loan loss allowances on hand to cover it. This gives Monterey County Bank a Texas Ratio of 183.15% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Monterey County Bank experienced no significant changes from 194.97% as of June 30, 2013 to 183.15% as of June 30, 2014, resulting in a positive change of 6.06%.This indicates that the balance sheet and financial strength for Monterey County Bank has had no significant changes in recent periods.

Deposit Growth


In the past year, Monterey County Bank has decreased its total deposits by -$11.89 million, resulting in -6.98% 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 Monterey County Bank has shown is below average.



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. Monterey County Bank has $194.23 million in assets with $15.52 million in equity, resulting in a capitalization level of 7.99%, which is below average.

Institution Statistics

FDIC Certificate #22460
Year Established1977
Primary RegulatorFDIC
Assets and Liabilities
Assets$194.23 million
Loans$117.30 million
Deposits$158.39 million
Equity Capital$12.77 million
Loan Loss Allowance$2.75 million
Unbacked Noncurrent Loans$3.13 million
Real Estate Owned$25.30 million
Historic Data - June 2013
Assets$210.52 million
Equity Capital$11.71 million
Loan Loss Allowance$5.88 million
Unbacked Noncurrent Loans$3.13 million
Real Estate Owned$28.96 million
Profit Margin - Quarterly
Return on Assets0.94%
Return on Equity15.52%
Interest Income$3.90 million

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Monterey County Bank Locations
Salinas Branch1127 South Main StreetSalinas, CA 93901
Carmel Rancho Branch3785 Via Nona MarieCarmel Rancho, CA 93923
Pacific Grove Branch542 Lighthouse AvenuePacific Grove, CA 93950
Monterey County Bank601 Munras AvenueMonterey, CA 93940