Commercial Bank of California

Headquarters

19752 Macarthur Boulevard
Irvine, CA 92612
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.00% →
1-Year CD 0.30% 0.95% →
2-Year CD 0.40% 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Commercial Bank of California is an FDIC insured institution located in Irvine, CA. It was founded in 2003 and has approximately $1.05 billion in assets. Customers can open an account at one of its 7 branches.

FDIC Insured Yes
FDIC Certificate # 57417
Date Established 2003
Assets $ 1,048.66 million
Loans $ 813.60 million
Deposits $ 929.94 million
Capital $ 108.89 million
 

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

Deposit Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
Money Market
0.10% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.15% $10,000 $14,999 Learn More
3 Mo CD
0.20% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.25% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.30% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
36 Mo CD
0.40% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - September 30, 2020

Your Current Location: Connecticut, CT 06828

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

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




Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Commercial Bank of California
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Branches

Commercial Bank of California 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


Commercial Bank of California Locations


Financial Details

Commercial Bank of California Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Commercial Bank of California. 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
Commercial Bank of California U.S. Bank Average
2.04% 6.94%

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, 2020, Commercial Bank of California had $2,448,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $108,888,000 in equity and $11,379,000 in loans loss reserves. That gives it a Texas Ratio of 2.04%.

Return on Equity
Commercial Bank of California U.S. Bank Average
4.22% 7.80%

Commercial Bank of California has a Return on Equity of 4.22% versus the BestCashCow average of 7.80%. 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
Commercial Bank of California U.S. Bank Average
10.38% 12.68%

Commercial Bank of California has a Capitalization of 10.38% versus the BestCashCow average of 12.68. 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.

Commercial Bank of California Balance Sheet Analysis

As of March 31, 2020, Commercial Bank of California had assets of $1,048,656,000, loans of $813,601,000, and deposits of $929,943,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions $ 94.60 million
Interest-bearing balances $ 88.29 million
Total securities $ 87.80 million
Federal funds sold and reverse repurchase $ 10.00 million
Net loans and leases $ 813.60 million
Loan loss allowance $ 11.38 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 5.08 million
All other assets $ 34.58 million
     Total Assets $ 939.77 million
LIABILITIES
Total deposits $ 929.94 million
      Interest-bearing deposits $ 484.76 million
      Deposits held in domestic offices $ 929.94 million
      % insured (estimated) 31.77%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 9.83 million
      Total Liabilities $ 939.77 million
      Shareholders’ Equity $ 108.89 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 11.58 million
Total Interest Expense $ 1.29 million
Net interest income $ 10.29 million
Provision for loan and lease losses $ 1.08 million
Total non interest income $ 2.25 million
Total non interest expense $ 9.96 million
Pre-tax Net Operating Income $ 1.51 million

Bank Loan Profile?

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

Compared to other banks in California, Commercial Bank of California has a significantly higher percent of Commercial Real Estate 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 2.54
Multifamily
Mortgages
7.61
Credit Card Loans 0.00
Consumer Auto Loans 0.53
Small Business Loans 0.00
Construction and Development Loans 4.19
Commercial Real Estate 69.42
Commercial and Industrial Loans 13.85
Farm Loans 0.00

Frequently Asked Questions About Commercial Bank Of California

Branches and Savings

Is Commercial Bank Of California FDIC insured?

Yes. It is covered under FDIC Certificate #57417.

Why does Commercial Bank Of California pay such low interest on savings accounts?

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

Why are Commercial Bank Of California CD rates not competitive?

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

Is Commercial Bank Of California a commercial bank?

Yes

Where are Commercial Bank Of California locations?

See branch locations nearby.

Is Commercial Bank Of California open on Saturdays?

Is Commercial Bank Of California open on Sundays?

What time does Commercial Bank Of California open?

What time does Commercial Bank Of California close?

Are Commercial Bank Of California ATMs Open 24/7?

Do Commercial Bank Of California ATMs accept cash deposits?

Can Commercial Bank Of California customers use other ATMs?

Do Commercial Bank Of California branches have notaries?

Will Commercial Bank Of California notarize my document?

What address for Commercial Bank Of California should I put for incoming ACH transfers?

Will the Commercial Bank Of California branch print checks?

Do Commercial Bank Of California checks expire?

Does Commercial Bank Of California require US citizenship to open account?

Can Commercial Bank Of California close my account?

Does Commercial Bank Of California Report to credit bureaus?

Does Commercial Bank Of California Use Equifax?

What is Commercial Bank Of California's ACH Routing Number?

What is Commercial Bank Of California's SWIFT code?

Products

Does Commercial Bank Of California offer mortgages?

Compare mortgage rates here.

Does Commercial Bank Of California offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Commercial Bank Of California offer personal loans?

Compare personal loan rates here.

Does Commercial Bank Of California offer student loans?

Will Commercial Bank Of California cash a check?

Will Commercial Bank Of California redeem a savings bond?

Does Commercial Bank Of California cash savings bonds?

Will Commercial Bank Of California cash money orders?

Can Commercial Bank Of California issue a money order?

Does Commercial Bank Of California do currency exchange?

Background on The Bank

Who owns Commercial Bank Of California?

How long has Commercial Bank Of California been around?

Can Commercial Bank Of California transfer to other banks?

Does Commercial Bank Of California have quick pay?

Does Commercial Bank Of California accept rolled coins?

Will Commercial Bank Of California accept loose change?

Where is Commercial Bank Of California headquarters?

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