Santa Cruz County Bank
Santa Cruz County Bank is headquartered in Santa Cruz and is the 55th largest bank in the state of California. It is also the 687th largest bank in the nation. It was established in 2004 and as of December of 2020, it had grown to 134 employees at 7 locations. Santa Cruz County Bank has an A+ health rating.
Santa Cruz County Bank- Hanging in there.
This bank is completely average. The building smells terrible, looks terrible, and feels like it's going to fall apart. They do not have enough competitive services as well. In fact they only have a few options for checking accounts, and only one for savings. There hours are terrible. There are way too many hidden fees, especially for a company bankrolling on community ties. It's a shame that all of the local institutions are just as greedy as the corporate ones.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57591 |
| Year Established | 2004 |
| Employees | 134 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 10.98% |
| Annual Interest Income | $51.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $1.42B$1.07B |
| Loans | Q4 2020vs Q4 2019 | $1.22B$747.2MM |
| Deposits | Q4 2020vs Q4 2019 | $1.19B$904.3MM |
| Equity Capital | Q4 2020vs Q4 2019 | $168.5MM$151.1MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $13.0MM$10.3MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $31.00K$740.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |