Balboa Thrift and Loan Association

865 Amena Court
Chula Vista, CA 91910

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 26704
Date Established 1980
Assets $0.26 billion
Loans $0.24 billion
Deposits $0.23 billion
Capital $0.04 billion

Balboa Thrift and Loan Association is an FDIC insured institution located in Chula Vista, CA. It was founded in 1980 and has approximately $0.26 billion in assets. Customers can open an account at one of its 4 branches.

For a more detailed analysis of Balboa Thrift and Loan Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Balboa Thrift and Loan Association’s loan portfolio are Consumer Auto Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in California, Balboa Thrift and Loan Association has a significantly higher percent of Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 0.27
Multifamily
Mortgages
3.67
Credit Card Loans 0.00
Consumer Auto Loans 74.77
Small Business Loans 6.92
Construction and Development Loans 0.06
Commercial Real Estate 19.33
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K
0.80% $10,000 - Learn MoreShow Less
Savings Rates APY MIN MAX

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Balboa Thrift and Loan Association

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.447% 4.375% 0.50 $2,244 $1,249 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.250% 5.250% 0.00 $0 $1,381 Learn More
Rocket Mortgage
NMLS ID: 3030
5.125% 5.125% 0.00 $0 $1,362 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.990% $238.42 Learn More
Flagstar Bank 5.490% $283.58 Learn More

Note to Balboa Thrift and Loan Association
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Balboa Thrift and Loan Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Balboa Thrift and Loan Association Locations

Financial Details

Balboa Thrift and Loan Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Balboa Thrift and Loan Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Balboa Thrift and Loan Association U.S. Bank Average
2.28% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, Balboa Thrift and Loan Association had $956,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,269,000 in equity and $3,609,000 in loans loss reserves. That gives it a Texas Ratio of 2.28%.

Return on Equity
Balboa Thrift and Loan Association U.S. Bank Average
3.35% 8.84%

Balboa Thrift and Loan Association has a Return on Equity of 3.35% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Balboa Thrift and Loan Association U.S. Bank Average
14.48% 12.21%

Balboa Thrift and Loan Association has a Capitalization of 14.48% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Balboa Thrift and Loan Association Balance Sheet Analysis

As of December 31, 2017, Balboa Thrift and Loan Association had assets of $264,347,000, loans of $243,917,000, and deposits of $225,031,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.02 billion
Interest-bearing balances $0.00 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.24 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.23 billion
LIABILITIES
Total deposits $0.23 billion
      Interest-bearing deposits $0.22 billion
      Deposits held in domestic offices $0.23 billion
      % insured (estimated) 88.70%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.23 billion
      Shareholders’ Equity $0.04 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.02 billion
Total Interest Expense $0.00 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Balboa Thrift And Loan Association

Branches and Savings

Is Balboa Thrift And Loan Association FDIC insured?

Yes. It is covered under FDIC Certificate #26704.

Why does Balboa Thrift And Loan Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Balboa Thrift And Loan Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Balboa Thrift And Loan Association a commercial bank?

Yes

Where are Balboa Thrift And Loan Association locations?

See branch locations nearby.

Is Balboa Thrift And Loan Association open on Saturdays?

Is Balboa Thrift And Loan Association open on Sundays?

What time does Balboa Thrift And Loan Association open?

What time does Balboa Thrift And Loan Association close?

Are Balboa Thrift And Loan Association ATMs Open 24/7?

Do Balboa Thrift And Loan Association ATMs accept cash deposits?

Can Balboa Thrift And Loan Association customers use other ATMs?

Do Balboa Thrift And Loan Association branches have notaries?

Will Balboa Thrift And Loan Association notarize my document?

What address for Balboa Thrift And Loan Association should I put for incoming ACH transfers?

Will the Balboa Thrift And Loan Association branch print checks?

Do Balboa Thrift And Loan Association checks expire?

Does Balboa Thrift And Loan Association require US citizenship to open account?

Can Balboa Thrift And Loan Association close my account?

Does Balboa Thrift And Loan Association Report to credit bureaus?

Does Balboa Thrift And Loan Association Use Equifax?

What is Balboa Thrift And Loan Association's ACH Routing Number?

What is Balboa Thrift And Loan Association's SWIFT code?

Products

Does Balboa Thrift And Loan Association offer mortgages?

Compare mortgage rates here.

Does Balboa Thrift And Loan Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Balboa Thrift And Loan Association offer personal loans?

Compare personal loan rates here.

Does Balboa Thrift And Loan Association offer student loans?

Will Balboa Thrift And Loan Association cash a check?

Will Balboa Thrift And Loan Association redeem a savings bond?

Does Balboa Thrift And Loan Association cash savings bonds?

Will Balboa Thrift And Loan Association cash money orders?

Can Balboa Thrift And Loan Association issue a money order?

Does Balboa Thrift And Loan Association do currency exchange?

Background on The Bank

Who owns Balboa Thrift And Loan Association?

How long has Balboa Thrift And Loan Association been around?

Can Balboa Thrift And Loan Association transfer to other banks?

Does Balboa Thrift And Loan Association have quick pay?

Does Balboa Thrift And Loan Association accept rolled coins?

Will Balboa Thrift And Loan Association accept loose change?

Where is Balboa Thrift And Loan Association headquarters?

Customer Reviews for Balboa Thrift and Loan Association

There are currently no comments for Balboa Thrift and Loan Association. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →