Butte Community Bank

2041 Forest Avenue
Chico, CA 95928

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33219
Date Established 1990
Assets $0.55 billion
Loans $0.42 billion
Deposits $0.50 billion
Capital $0.04 billion

Butte Community Bank is an FDIC insured institution located in Chico, CA. It was founded in 1990 and has approximately $0.55 billion in assets.

Butte Community Bank, Chico, California was closed today by the California Department of Financial Institutions, which then appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into purchase and assumption agreements with Rabobank, National Association, El Centro, California, to assume all the deposits and essentially all the assets of the failed bank.

For a more detailed analysis of Butte Community Bank'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 Butte Community Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Butte Community Bank’s loan portfolio does not show any specific loan specialty.

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 0.00
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

Savings Rates

Your Current Location: Virginia, VA 20146

Loan Rates

Your Current Location: Virginia, VA 20146

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Branches

Butte Community Bank 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:
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Butte Community Bank Locations

Financial Details

Butte Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Butte Community Bank. 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
Butte Community Bank U.S. Bank Average
75.81% 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, Butte Community Bank had $38,830,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,933,000 in equity and $12,288,000 in loans loss reserves. That gives it a Texas Ratio of 75.81%. 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
Butte Community Bank U.S. Bank Average
-22.39% 9.45%

Butte Community Bank has a Return on Equity of -22.39% 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
Butte Community Bank U.S. Bank Average
7.03% 11.28%

Butte Community Bank has a Capitalization of 7.03% 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.

Butte Community Bank Balance Sheet Analysis

As of November 30, -0001, Butte Community Bank had assets of $553,811,000, loans of $422,138,000, and deposits of $499,936,000. 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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