Santa Cruz County Bank
Santa Cruz County Bank is headquartered in Santa Cruz and is the 62nd largest bank in the state of California. It is also the 758th largest bank in the nation. It was established in 2004 and as of December of 2019, it had grown to 113 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 | 113 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.6% |
| Return on Equity - YTD | 13.83% |
| Annual Interest Income | $37.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $1.07B$662.4MM |
| Loans | Q4 2019vs Q4 2018 | $747.2MM$480.5MM |
| Deposits | Q4 2019vs Q4 2018 | $904.3MM$584.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $151.1MM$68.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $10.3MM$9.8MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $740.00K$0 |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |