Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
402 West Ojai Avenue
Ojai, CA 93023

Ojai Community Bank is headquartered in Ojai and is the 171st largest bank in the state of California. It is also the 3,749th largest bank in the nation. It was established in 2005 and as of March of 2014, it had grown to 31 employees at 3 locations. Ojai Community Bank has a A health rating.

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



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A

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 Ojai Community Bank had $1.66 million in non-current loans and owned real-estate with $17.25 million in equity and loan loss allowances on hand to cover it. This gives Ojai Community Bank a Texas Ratio of 9.65% 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 Ojai Community Bank decreased dramatically from 20.86% as of March 31, 2013 to 9.65% as of March 31, 2014, resulting in a positive change of 53.74%.This indicates that the balance sheet and financial strength for Ojai Community Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Ojai Community Bank has increased its total deposits by $8.6 million, resulting in 6.99% 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 Ojai Community 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. Ojai Community Bank has $147.92 million in assets with $17.25 million in equity, resulting in a capitalization level of 11.66%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57850
Year Established2005
Employees31
Primary RegulatorFDIC
Assets and Liabilities
Assets$147.92 million
Loans$99.09 million
Deposits$131.62 million
Equity Capital$15.90 million
Loan Loss Allowance$1.36 million
Unbacked Noncurrent Loans$1.67 million
Real Estate Owned$0
Historic Data - March 2013
Assets$138.83 million
Equity Capital$15.50 million
Loan Loss Allowance$1.36 million
Unbacked Noncurrent Loans$1.67 million
Real Estate Owned$844,000
Profit Margin - Quarterly
Net Interest Margin3.77%
Return on Assets0.33%
Return on Equity3.07%
Interest Income$1.34 million
Rates

Sorry, we do not have rate data for Ojai Community Bank

Locations


Ojai Community Bank Locations
Ventura Branch3130 Telegraph RoadVentura, CA 93003
Ojai Community Bank402 West Ojai AvenueOjai, CA 93023
Santa Paula Branch537 W Harvard BlvdSanta Paula, CA 93060