California Bank of Commerce

Headquarters

2999 Oak Road
Walnut Creek, CA 94597
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 3.05% →
1-Year CD N.A. 3.30% →
2-Year CD N.A. 3.56% →
5-Year CD N.A. 3.75% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

California Bank of Commerce is an FDIC insured institution located in Walnut Creek, CA. It was founded in 2007 and has approximately $1.87 billion in assets. Customers can open an account at one of its 3 branches.

FDIC Insured Yes
FDIC Certificate # 58583
Date Established 2007
Assets $ 1,866.83 million
Loans $ 1,387.88 million
Deposits $ 1,610.39 million
Capital $ 200.55 million
 

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

Deposit Rates - September 25, 2022

Your Current Location: Connecticut, CT 06828

 

Loan Rates - September 25, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for California Bank of Commerce

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

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6.466% 6.375%
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7.022% 6.875%
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Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to California Bank of Commerce
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Branches

California Bank of Commerce 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:
Fairfield,Connecticut


California Bank of Commerce Locations



Climate Initiatives

California Bank of Commerce is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

California Bank of Commerce Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of California Bank of Commerce. 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
California Bank of Commerce U.S. Bank Average
0.25% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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 March 31, 2022, California Bank of Commerce had $549,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $200,552,000 in equity and $15,032,000 in loans loss reserves. That gives it a Texas Ratio of 0.25%.

Return on Equity
California Bank of Commerce U.S. Bank Average
8.38% 9.01%

California Bank of Commerce has a Return on Equity of 8.38% versus the BestCashCow average of 9.01%. 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
California Bank of Commerce U.S. Bank Average
10.74% 10.66%

California Bank of Commerce has a Capitalization of 10.74% versus the BestCashCow average of 10.66. 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.

California Bank of Commerce Balance Sheet Analysis

As of March 31, 2022, California Bank of Commerce had assets of $1,866,829,000, loans of $1,387,876,000, and deposits of $1,610,387,000. 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

March 31, 2022
ASSETS
Cash & Balances due from depository institutions $ 224.53 million
Interest-bearing balances $ 206.31 million
Total securities $ 171.76 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,387.88 million
Loan loss allowance $ 15.03 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 7.50 million
All other assets $ 71.11 million
     Total Assets $ 1,666.28 million
LIABILITIES
Total deposits $ 1,610.39 million
      Interest-bearing deposits $ 853.85 million
      Deposits held in domestic offices $ 1,610.39 million
      % insured (estimated) 58.81%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 32.17 million
Subordinated debt N.A.
All other liabilities $ 23.72 million
      Total Liabilities $ 1,666.28 million
      Shareholders’ Equity $ 200.55 million

Summary Income Statement

March 31, 2022
INCOME AND EXPENSES
Total Interest Income $ 15.92 million
Total Interest Expense $ 0.85 million
Net interest income $ 15.08 million
Provision for loan and lease losses $ 0.95 million
Total non interest income $ 2.53 million
Total non interest expense $ 10.78 million
Pre-tax Net Operating Income $ 5.88 million

Bank Loan Profile?

The top three loan types in California Bank of Commerce’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Multifamily Mortgages.

Compared to other banks in California, California Bank of Commerce has a significantly higher percent of Commercial and Industrial 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 0.24
Multifamily
Mortgages
4.37
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 3.83
Commercial Real Estate 48.60
Commercial and Industrial Loans 40.75
Farm Loans 0.03

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