Bank of America California, National Association

555 California Street
San Francisco, CA 94104

Notable Rates APY Vs.Others
Savings N.A. 2.60% →
1-Year CD N.A. 2.25% →
2-Year CD N.A. 2.50% →
5-Year CD N.A. 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Bank Information

Bank of America California, National Association is an FDIC insured institution located in San Francisco, CA. It was founded in 1984 and has approximately $13.43 billion in assets.

FDIC Insured Yes
FDIC Certificate # 25178
Date Established 1984
Assets $13.43 billion
Loans $10.75 billion
Deposits $10.90 billion
Capital $1.98 billion
 

For a more detailed analysis of Bank of America California, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no rates available for Bank Of America California, National Association, but see these great savings and CD rates:

Advertiser Disclosure

Loan Rates - November 22, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Bank of America California, National 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 2019

Lender APR Rate (%) Points Fees Monthly
Payment
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Quicken Loans NMLS #3030
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More
First Internet Bank
NMLS ID: 424182
3.537% 3.500% 0.50 $1,142 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.530% 3.500% 0.38 $930 $1,123 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
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Atlantic Union Bank
Atlantic Union Bank
4.750 %
$15,000 Learn More
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Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
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Note to Bank of America California, National Association
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Branches

Bank of America California, National 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


Bank of America California, National Association Locations


Financial Details

Bank of America California, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Bank of America California, National 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
Bank of America California, National Association U.S. Bank Average
7.03% 6.77%

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 June 30, 2019, Bank of America California, National Association had $135,000,000 in non-current loans and $7,000,000 in owned real estate. To cover these potential losses it had $1,979,000,000 in equity and $40,000,000 in loans loss reserves. That gives it a Texas Ratio of 7.03%.

Return on Equity
Bank of America California, National Association U.S. Bank Average
15.45% 9.50%

Bank of America California, National Association has a Return on Equity of 15.45% versus the BestCashCow average of 9.50%. 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
Bank of America California, National Association U.S. Bank Average
14.73% 12.76%

Bank of America California, National Association has a Capitalization of 14.73% versus the BestCashCow average of 12.76. 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.

Bank of America California, National Association Balance Sheet Analysis

As of June 30, 2019, Bank of America California, National Association had assets of $13,432,000,000, loans of $10,745,000,000, and deposits of $10,903,000,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $2.57 billion
Interest-bearing balances $2.56 billion
Total securities $0.00 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $10.75 billion
Loan loss allowance $0.04 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.01 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.11 billion
     Total Assets $11.45 billion
LIABILITIES
Total deposits $10.90 billion
      Interest-bearing deposits $10.90 billion
      Deposits held in domestic offices $10.90 billion
      % insured (estimated) 94.77%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.50 billion
Subordinated debt $0.00 billion
All other liabilities $0.05 billion
      Total Liabilities $11.45 billion
      Shareholders’ Equity $1.98 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.26 billion
Total Interest Expense $0.05 billion
Net interest income $0.21 billion
Provision for loan and lease losses $-0.01 billion
Total non interest income $0.01 billion
Total non interest expense $0.04 billion
Pre-tax Net Operating Income $0.19 billion

Bank Loan Profile?

The top three loan types in Bank of America California, National Association’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks in California, Bank of America California, National Association has a significantly higher percent of 1-4 Family Residential 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 100.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

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