State Bank of India (California)

State Bank of India (California) Locations
707 Wilshire Boulevard, Suite 1995
Los Angeles, CA 90017
1-877-707-1995
www.sbical.com

FDIC

State Bank of India (California) is headquartered in Los Angeles and is the 63rd largest bank in the state of California. It is also the 846th largest bank in the nation. It was established in 1982 and as of December of 2012, it had grown to 132 employees at 11 locations. State Bank of India (California) has a 4-star health rating.

State Bank of India (California) Routing Number: 054001741

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Data for Q4 2012


Institution Statistics


State Bank of India (California)
FDIC Certificate #23998
BankRate ReportView
Year Established1982
Employees132
Primary RegulatorFDIC

Assets and Liabilities

Assets$786.90 million
Loans$527.63 million
Deposits$620.22 million
Equity Capital$122.63 million
Loan Loss Allowance$13.26 million
Unbacked Noncurrent Loans$18.87 million
Real Estate Owned$8.73 million

Historic Data - December 2011

Assets$798.99 million
Equity Capital$124.30 million
Loan Loss Allowance$12.22 million
Unbacked Noncurrent Loans$37.37 million
Real Estate Owned$13.19 million

Profit Margin - Quarterly

Net Interest Margin3.29%
Return on Assets-0.21%
Return on Equity-1.38%
Interest Income$32.37 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 December 31, 2012 State Bank of India (California) had $27.6 million in non-current loans and owned real-estate with $135.89 million in equity and loan loss allowances on hand to cover it. This gives State Bank of India (California) a Texas Ratio of 20.31% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for State Bank of India (California) decreased significantly from 37.03% as of December 31, 2011 to 20.31% as of December 31, 2012, resulting in a positive change of 45.15%.This indicates that the balance sheet and financial strength for State Bank of India (California) has improved significantly in recent periods.
Deposit Growth4
In the past year, State Bank of India (California) has increased its total deposits by $12.28 million, resulting in 2.02% 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 State Bank of India (California) has shown is above average.
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. State Bank of India (California) has $786.9 million in assets with $135.89 million in equity, resulting in a capitalization level of 17.27%, which is excellent.
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