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 $0.24 billion
Loans $0.21 billion
Deposits $0.20 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 $0.24 billion in assets. Customers can open an account via 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 1.50
Multifamily
Mortgages
2.47
Credit Card Loans 0.00
Consumer Auto Loans 81.86
Small Business Loans 7.95
Construction and Development Loans 0.00
Commercial Real Estate 11.97
Commercial and Industrial Loans 0.06
Farm Loans 0.00

Savings Rates

Your Current Location: Virginia, VA 20146

CD Rates APY MIN MAX
3 Mo CD 10K 0.25% $10,000 $250,000 Learn MoreShow Less
6 Mo CD 10K 0.35% $10,000 $250,000 Learn MoreShow Less
12 Mo CD 10K 0.90% $10,000 $250,000 Learn MoreShow Less
18 Mo CD 10K 0.95% $10,000 $250,000 Learn MoreShow Less
24 Mo CD 10K 1.00% $10,000 $250,000 Learn MoreShow Less
36 Mo CD 10K 1.25% $10,000 $250,000 Learn MoreShow Less
48 Mo CD 10K 1.51% $10,000 $250,000 Learn MoreShow Less
60 Mo CD 10K 1.76% $10,000 $250,000 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

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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. Please remember that all banks listed on BestCashCow.com are FDIC insured while all credit unions are similarly insured by the NCUA. No depositor has ever lost money while their funds have been insured by the FDIC or NCUA.

Texas Ratio
Balboa Thrift and Loan Association U.S. Bank Average
1.82% 9.11%

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2016, Balboa Thrift and Loan Association had $572,000 in non-current loans and $150,000 in owned real estate. To cover these potential losses it had $36,705,000 in equity and $2,877,000 in loans loss reserves. That gives it a Texas Ratio of 1.82%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Balboa Thrift and Loan Association U.S. Bank Average
3.75% 9.45%

Balboa Thrift and Loan Association has a Return on Equity of 3.75% versus the BestCashCow average of 9.45%. 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
15.58% 11.28%

Balboa Thrift and Loan Association has a Capitalization of 15.58% versus the BestCashCow average of 11.28%. 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 June 30, 2016, Balboa Thrift and Loan Association had assets of $235,542,000, loans of $208,797,000, and deposits of $197,616,000. 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.

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