Golden Pacific Bank, National Association

Headquarters

1409 28th St
Sacramento, CA 95814
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Golden Pacific Bank, National Association is an FDIC insured institution located in Sacramento, CA. It was founded in 1986 and has approximately $0.16 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 26881
Date Established 1986
Assets $ 161.83 million
Loans $ 106.16 million
Deposits $ 143.49 million
Capital $ 17.61 million
 

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

Deposit Rates - September 23, 2021

Your Current Location: California, CA 92111

 

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for Golden Pacific Bank, National Association

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




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.359% 3.250%
0.88 points
$3,438 fees
$1,089 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
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Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
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Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
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Note to Golden Pacific Bank, National Association
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Branches

Golden Pacific Bank, 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:
San Diego,California


Golden Pacific Bank, National Association Locations


Financial Details

Golden Pacific Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Golden Pacific Bank, 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
Golden Pacific Bank, National Association U.S. Bank Average
10.36% 5.29%

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, 2021, Golden Pacific Bank, National Association had $1,972,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $17,609,000 in equity and $1,424,000 in loans loss reserves. That gives it a Texas Ratio of 10.36%.

Return on Equity
Golden Pacific Bank, National Association U.S. Bank Average
7.24% 11.43%

Golden Pacific Bank, National Association has a Return on Equity of 7.24% versus the BestCashCow average of 11.43%. 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
Golden Pacific Bank, National Association U.S. Bank Average
10.88% 11.51%

Golden Pacific Bank, National Association has a Capitalization of 10.88% versus the BestCashCow average of 11.51. 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.

Golden Pacific Bank, National Association Balance Sheet Analysis

As of March 31, 2021, Golden Pacific Bank, National Association had assets of $161,826,000, loans of $106,163,000, and deposits of $143,490,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions $ 32.92 million
Interest-bearing balances $ 31.82 million
Total securities $ 11.45 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 106.16 million
Loan loss allowance $ 1.42 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.45 million
All other assets $ 7.26 million
     Total Assets $ 144.22 million
LIABILITIES
Total deposits $ 143.49 million
      Interest-bearing deposits $ 75.99 million
      Deposits held in domestic offices $ 143.49 million
      % insured (estimated) 75.99%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.73 million
      Total Liabilities $ 144.22 million
      Shareholders’ Equity $ 17.61 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income $ 1.44 million
Total Interest Expense $ 0.05 million
Net interest income $ 1.39 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.39 million
Total non interest expense $ 1.34 million
Pre-tax Net Operating Income $ 0.45 million

Bank Loan Profile?

The top three loan types in Golden Pacific Bank, National Association’s loan portfolio are Commercial Real Estate, Multifamily Mortgages, and Commercial and Industrial Loans.

Compared to other banks in California, Golden Pacific Bank, National Association has a significantly higher percent of Multifamily Mortgages 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 4.86
Multifamily
Mortgages
32.73
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 1.82
Commercial Real Estate 36.86
Commercial and Industrial Loans 23.11
Farm Loans 0.00

Frequently Asked Questions About Golden Pacific Bank, National Association

Branches and Savings

Is Golden Pacific Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #26881.

Why does Golden Pacific Bank, National Association pay such low interest on savings accounts?

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

Why are Golden Pacific Bank, National Association CD rates not competitive?

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

Is Golden Pacific Bank, National Association a commercial bank?

Yes

Where are Golden Pacific Bank, National Association locations?

See branch locations nearby.

Is Golden Pacific Bank, National Association open on Saturdays?

Is Golden Pacific Bank, National Association open on Sundays?

What time does Golden Pacific Bank, National Association open?

What time does Golden Pacific Bank, National Association close?

Are Golden Pacific Bank, National Association ATMs Open 24/7?

Do Golden Pacific Bank, National Association ATMs accept cash deposits?

Can Golden Pacific Bank, National Association customers use other ATMs?

Do Golden Pacific Bank, National Association branches have notaries?

Will Golden Pacific Bank, National Association notarize my document?

What address for Golden Pacific Bank, National Association should I put for incoming ACH transfers?

Will the Golden Pacific Bank, National Association branch print checks?

Do Golden Pacific Bank, National Association checks expire?

Does Golden Pacific Bank, National Association require US citizenship to open account?

Can Golden Pacific Bank, National Association close my account?

Does Golden Pacific Bank, National Association Report to credit bureaus?

Does Golden Pacific Bank, National Association Use Equifax?

What is Golden Pacific Bank, National Association's ACH Routing Number?

What is Golden Pacific Bank, National Association's SWIFT code?

Products

Does Golden Pacific Bank, National Association offer mortgages?

Compare mortgage rates here.

Does Golden Pacific Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Golden Pacific Bank, National Association offer personal loans?

Compare personal loan rates here.

Does Golden Pacific Bank, National Association offer student loans?

Will Golden Pacific Bank, National Association cash a check?

Will Golden Pacific Bank, National Association redeem a savings bond?

Does Golden Pacific Bank, National Association cash savings bonds?

Will Golden Pacific Bank, National Association cash money orders?

Can Golden Pacific Bank, National Association issue a money order?

Does Golden Pacific Bank, National Association do currency exchange?

Background on The Bank

Who owns Golden Pacific Bank, National Association?

How long has Golden Pacific Bank, National Association been around?

Can Golden Pacific Bank, National Association transfer to other banks?

Does Golden Pacific Bank, National Association have quick pay?

Does Golden Pacific Bank, National Association accept rolled coins?

Will Golden Pacific Bank, National Association accept loose change?

Where is Golden Pacific Bank, National Association headquarters?

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