Plaza Bank

Plaza Bank Locations
19900 Macarthur Blvd., Suite 110
Irvine, CA 92612
www.plazabank.net

Plaza Bank is headquartered in Irvine and is the 105th largest bank in the state of California. It is also the 1,801st largest bank in the nation. It was established in 2005 and as of March of 2012, it had grown to 76 employees at 2 locations. Plaza Bank has a 4-star health rating.

Plaza Bank Routing Number: 122244087

Related Posts

1.35% Money Market Guaranteed Until 12/31/10 At Plaza Bank In Irvine, CA (Forum) - 7/3/2010

Plaza Bank is offering the following promotion as of 7/03/2010: 1.35% APY on balances of at least $50,000 (0.65% under $50K) Guaranteed to 12/31/2010 New money required The 1.35% APY is not that great, but the rate guarantee is nice. It's hard to

2.50% 6-Month CD & 2.65% 9-Month CD at Plaza Bank in California - 4/24/2009

Plaza Bank is offering three competitive CD rates: 2.50% APY for 6 months, 2.65% APY for 9 months and 2.75% APY for 12 months. Minimum deposit is $25,000, and new money is required. These rates are listed on the bank's home page as of 4/24/09. According...

4.75% 60-Month CD at a Chicago Bank (Plaza). - 2/5/2008

Update 2/09/08: The CD rates have fallen. Please check the bank's website for the latest rates.Plaza Bank has some competitive CD rates on its longer terms. The highest is a 4.75% APY for a 5-year term. The minimum deposit is $1,000. There's also a...


Data for Q1 2012


Institution Statistics


Plaza Bank
FDIC Certificate #58100
BankRate ReportView
Year Established2005
Employees76
Primary RegulatorFDIC

Assets and Liabilities

Assets$370.81 million
Loans$272.21 million
Deposits$309.34 million
Equity Capital$46.78 million
Loan Loss Allowance$3.36 million
Unbacked Noncurrent Loans$6.95 million
Real Estate Owned$1.37 million

Historic Data - March 2011

Assets$334.12 million
Equity Capital$44.68 million
Loan Loss Allowance$1.95 million
Unbacked Noncurrent Loans$5.90 million
Real Estate Owned$132,000

Profit Margin - Quarterly

Net Interest Margin4.29%
Return on Assets0.33%
Return on Equity2.51%
Interest Income$4.22 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio3
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 Plaza Bank had $8.32 million in non-current loans and owned real-estate with $50.14 million in equity and loan loss allowances on hand to cover it. This gives Plaza Bank a Texas Ratio of 16.59% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Plaza Bank held steady from 12.94% as of March 31, 2011 to 16.59% as of March 31, 2012, resulting in a negative change of 28.25%. This indicates that the balance sheet and financial strength for Plaza Bank has held steady in recent periods.
Deposit Growth5
In the past year, Plaza Bank has increased its total deposits by $55.97 million, resulting in 22.09% 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 Plaza Bank has shown is excellent.
Capitalization5
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. Plaza Bank has $370.81 million in assets with $50.14 million in equity, resulting in a capitalization level of 13.52%, which is excellent.
Write Review

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


 
Featured Accounts
Nationwide Savings Accounts