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Overview / Commentary
422 Main Street
Salinas, CA 93901

Pacific Valley Bank is headquartered in Salinas and is the 137th largest bank in the state of California. It is also the 2,990th largest bank in the nation. It was established in 2004 and as of March of 2014, it had grown to 41 employees at 3 locations. Pacific Valley Bank has a B+ health rating.

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
B

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 Pacific Valley Bank had $5.86 million in non-current loans and owned real-estate with $30.28 million in equity and loan loss allowances on hand to cover it. This gives Pacific Valley Bank a Texas Ratio of 19.36% which is above 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 Pacific Valley Bank increased slightly from 13.38% as of March 31, 2013 to 19.36% as of March 31, 2014, resulting in a negative change of 44.77%. This indicates that the balance sheet and financial strength for Pacific Valley Bank has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Pacific Valley Bank has increased its total deposits by $14.88 million, resulting in 9.08% 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 Pacific Valley 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. Pacific Valley Bank has $206.34 million in assets with $30.28 million in equity, resulting in a capitalization level of 14.68%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57740
Year Established2004
Employees41
Primary RegulatorFDIC
Assets and Liabilities
Assets$206.34 million
Loans$156.22 million
Deposits$178.76 million
Equity Capital$26.73 million
Loan Loss Allowance$3.55 million
Unbacked Noncurrent Loans$5.78 million
Real Estate Owned$80,000
Historic Data - March 2013
Assets$186.43 million
Equity Capital$21.79 million
Loan Loss Allowance$3.43 million
Unbacked Noncurrent Loans$5.78 million
Real Estate Owned$407,000
Profit Margin - Quarterly
Net Interest Margin3.82%
Return on Assets0.07%
Return on Equity0.54%
Interest Income$2.12 million
Rates

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Locations


Pacific Valley Bank Locations
King City Branch302 Broadway StreetKing City, CA 93930
Pacific Valley Bank422 Main StreetSalinas, CA 93901
Monterey Branch498 Alvarado StreetMonterey, CA 93940