Monterey County Bank

Monterey County Bank is headquartered in Monterey and is the 134^th largest bank in the state of California. It is also the 2,688^th largest bank in the nation. It was established in 1977 and as of March of 2012, it had grown to 46 employees at 5 locations. Monterey County Bank has a 1-star health rating.

Data for Q1 2012

Institution Statistics Monterey County Bank FDIC Certificate # 22460 BankRate Report View Year Established 1977 Employees 46 Primary Regulator FDIC Assets and Liabilities Assets $239.11 million Loans $142.03 million Deposits $197.74 million Equity Capital $15.46 million Loan Loss Allowance $4.32 million Unbacked Noncurrent Loans $3.72 million Real Estate Owned $28.72 million Historic Data - March 2011 Assets $263.26 million Equity Capital $23.75 million Loan Loss Allowance $3.22 million Unbacked Noncurrent Loans $9.38 million Real Estate Owned $25.83 million Profit Margin - Quarterly Net Interest Margin 3.8% Return on Assets 1.98% Return on Equity 31.68% Interest Income $2.57 million

Institution Health Overall Score: 1 out of 5 Texas Ratio 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, 2012 Monterey County Bank had $32.44 million in non-current loans and owned real-estate with $19.78 million in equity and loan loss allowances on hand to cover it. This gives Monterey County Bank a Texas Ratio of 164.05% 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 increased slightly from 130.42% as of March 31, 2011 to 164.05% as of March 31, 2012, resulting in a negative change of 25.78%. This indicates that the balance sheet and financial strength for Monterey County Bank has declined slightly in recent periods. Deposit Growth In the past year, Monterey County Bank has decreased its total deposits by -$5.45 million, resulting in -2.68% 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. Capitalization 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 $239.11 million in assets with $19.78 million in equity, resulting in a capitalization level of 8.27%, which is average.

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