Monterey County Bank

Monterey County Bank


Overview / Commentary
831-649-4600
601 Munras Avenue
Monterey, CA 93940

Monterey County Bank is headquartered in MONTEREY and is the 109th largest bank in the state of California. It is also the 3,031st largest bank in the nation. It was established in 1977 and as of December of 2023, it had grown to 35 employees at 4 locations. Monterey County Bank has a D health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #22460
Year Established1977
Employees35
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.34%
Return on Equity - YTD8.67%
Annual Interest Income$8.4MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$202.4MM$207.2MM
LoansQ4 2023vs Q4 2022$66MM$71.5MM
DepositsQ4 2023vs Q4 2022$167.2MM$196.7MM
Equity CapitalQ4 2023vs Q4 2022$10.4MM$6.9MM
Loan Loss AllowanceQ4 2023vs Q4 2022$1.6MM$1.6MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$3.8MM$3.9MM
Real Estate OwnedQ4 2023vs Q4 2022$11.5MM$11.5MM
Rates

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Locations


Monterey County Bank Locations
Salinas Branch1127 South Main StreetSalinas, CA 93901
Carmel Rancho Branch3785 Via Nona MarieCarmel Rancho, CA 93923
Pacific Grove Branch542 Lighthouse AvenuePacific Grove, CA 93950
Monterey County Bank601 Munras AveMonterey, CA 93940

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