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Overview / Commentary
6301 Beach Boulevard, Suite 100
Buena Park, CA 90621

UNITI BANK is headquartered in Buena Park and is the 160th largest bank in the state of California. It is also the 3,390th largest bank in the nation. It was established in 2001 and as of March of 2014, it had grown to 46 employees at 3 locations. UNITI BANK has a A health rating.

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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 UNITI BANK had $1.56 million in non-current loans and owned real-estate with $29.44 million in equity and loan loss allowances on hand to cover it. This gives UNITI BANK a Texas Ratio of 5.31% 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 UNITI BANK decreased dramatically from 19.91% as of March 31, 2013 to 5.31% as of March 31, 2014, resulting in a positive change of 73.34%.This indicates that the balance sheet and financial strength for UNITI BANK has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, UNITI BANK has decreased its total deposits by -$9 million, resulting in -5.73% 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 UNITI BANK has shown is below average.

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. UNITI BANK has $171.94 million in assets with $29.44 million in equity, resulting in a capitalization level of 17.12%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57120
Year Established2001
Employees46
Primary RegulatorFDIC
Assets and Liabilities
Assets$171.94 million
Loans$107.66 million
Deposits$148.09 million
Equity Capital$23.07 million
Loan Loss Allowance$6.37 million
Unbacked Noncurrent Loans$1.56 million
Real Estate Owned$0
Historic Data - March 2013
Assets$180.60 million
Equity Capital$22.61 million
Loan Loss Allowance$5.52 million
Unbacked Noncurrent Loans$1.56 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.19%
Return on Assets0.77%
Return on Equity5.76%
Interest Income$1.50 million
Rates

Sorry, we do not have rate data for UNITI BANK

Locations


UNITI BANK Locations
L. A. Office Branch3327 Wilshire BlvdLos Angeles, CA 90010
Uniti Bank6301 Beach Boulevard, Suite 100Buena Park, CA 90621
Garden Grove Branch9252 Garden Grove Boulevard #27Garden Grove, CA 92844