CalWest Bank is headquartered in Rancho Santa Mar and is the 123rd largest bank in the state of California. It is also the 2,598th largest bank in the nation. It was established in 1999 and as of December of 2019, it had grown to 36 employees at 5 locations. CalWest Bank has an A+ health rating.
It is no wonder that South County Bank is the "178th Largest" bank in California --- out of...hmmm...let's see...maybe 180 banks???
Seriously, from my experience, South County Bank is probably one of the worst run financial institutions I've ever encountered. I was talked into opening an account with SCB by several of my friends who had their own accounts there. I won't go into details, but suffice it to say that ALL of us have now CANCELLED our accounts and are warning all of our friends and associates not to EVER do business with South County Bank.
|FDIC Certificate #||35069|
|Return on Assets - YTD||3.09%|
|Return on Equity - YTD||30.49%|
|Annual Interest Income||$9.7MM|
|Assets and Liabilities|
|Assets||Q4 2019vs Q4 2018||$234.2MM$195.2MM|
|Loans||Q4 2019vs Q4 2018||$177.1MM$156.9MM|
|Deposits||Q4 2019vs Q4 2018||$202.6MM$170.2MM|
|Equity Capital||Q4 2019vs Q4 2018||$26.1MM$19.4MM|
|Loan Loss Allowance||Q4 2019vs Q4 2018||$2.5MM$2.5MM|
|Unbacked Noncurrent Loans||Q4 2019vs Q4 2018||$53.00K$2.00K|
|Real Estate Owned||Q4 2019vs Q4 2018||$0$0|
Sorry, we do not have rate data for CalWest Bank.
|CalWest Bank Locations|
|Redlands Branch||408 East State Street||Redlands, CA 92374|
|Irvine Branch||400 Spectrum Center Dr Suite 100||Irvine, CA 92618|
|South County Bank, National Association||22342 Avenida Empresa||Rancho Santa Margarita, CA 92688|
|Surf City Bank - Huntington Beach Branch||7711 Center Avenue, Suite 110||Huntington Beach, CA 92647|