Mission Valley Bank

Headquarters

9116 Sunland Boulevard
Sun Valley, CA 91352
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 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

Mission Valley Bank is an FDIC insured institution located in Sun Valley, CA. It was founded in 2001 and has approximately $0.35 billion in assets. Customers can open an account at one of its 2 branches.

FDIC Insured Yes
FDIC Certificate # 57101
Date Established 2001
Assets $ 351.11 million
Loans $ 267.46 million
Deposits $ 301.34 million
Capital $ 43.03 million
 

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

Deposit Rates - September 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Mission Valley Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More

Featured - Virginia 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 Mission Valley Bank
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Branches

Mission Valley 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:
Ashburn,Virginia


Mission Valley Bank Locations


Financial Details

Mission Valley Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Mission Valley Bank. 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
Mission Valley Bank U.S. Bank Average
2.61% 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, Mission Valley Bank had $1,220,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $43,034,000 in equity and $3,785,000 in loans loss reserves. That gives it a Texas Ratio of 2.61%.

Return on Equity
Mission Valley Bank U.S. Bank Average
9.05% 7.80%

Mission Valley Bank has a Return on Equity of 9.05% 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
Mission Valley Bank U.S. Bank Average
12.26% 12.68%

Mission Valley Bank has a Capitalization of 12.26% 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.

Mission Valley Bank Balance Sheet Analysis

As of March 31, 2020, Mission Valley Bank had assets of $351,108,000, loans of $267,455,000, and deposits of $301,336,000. 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 $ 18.69 million
Interest-bearing balances $ 9.17 million
Total securities $ 17.40 million
Federal funds sold and reverse repurchase $ 29.38 million
Net loans and leases $ 267.46 million
Loan loss allowance $ 3.79 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.88 million
All other assets $ 15.96 million
     Total Assets $ 308.07 million
LIABILITIES
Total deposits $ 301.34 million
      Interest-bearing deposits $ 98.39 million
      Deposits held in domestic offices $ 301.34 million
      % insured (estimated) 39.13%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 6.74 million
      Total Liabilities $ 308.07 million
      Shareholders’ Equity $ 43.03 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.98 million
Total Interest Expense $ 0.10 million
Net interest income $ 3.88 million
Provision for loan and lease losses $ 0.10 million
Total non interest income $ 0.79 million
Total non interest expense $ 3.23 million
Pre-tax Net Operating Income $ 1.33 million

Bank Loan Profile?

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

Compared to other banks in California, Mission Valley Bank 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 1.63
Multifamily
Mortgages
13.35
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 0.00
Construction and Development Loans 0.53
Commercial Real Estate 49.25
Commercial and Industrial Loans 36.33
Farm Loans 0.00

Frequently Asked Questions About Mission Valley Bank

Branches and Savings

Is Mission Valley Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57101.

Why does Mission Valley Bank pay such low interest on savings accounts?

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

Why are Mission Valley Bank CD rates not competitive?

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

Is Mission Valley Bank a commercial bank?

Yes

Where are Mission Valley Bank locations?

See branch locations nearby.

Is Mission Valley Bank open on Saturdays?

Is Mission Valley Bank open on Sundays?

What time does Mission Valley Bank open?

What time does Mission Valley Bank close?

Are Mission Valley Bank ATMs Open 24/7?

Do Mission Valley Bank ATMs accept cash deposits?

Can Mission Valley Bank customers use other ATMs?

Do Mission Valley Bank branches have notaries?

Will Mission Valley Bank notarize my document?

What address for Mission Valley Bank should I put for incoming ACH transfers?

Will the Mission Valley Bank branch print checks?

Do Mission Valley Bank checks expire?

Does Mission Valley Bank require US citizenship to open account?

Can Mission Valley Bank close my account?

Does Mission Valley Bank Report to credit bureaus?

Does Mission Valley Bank Use Equifax?

What is Mission Valley Bank's ACH Routing Number?

What is Mission Valley Bank's SWIFT code?

Products

Does Mission Valley Bank offer mortgages?

Compare mortgage rates here.

Does Mission Valley Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Mission Valley Bank offer personal loans?

Compare personal loan rates here.

Does Mission Valley Bank offer student loans?

Will Mission Valley Bank cash a check?

Will Mission Valley Bank redeem a savings bond?

Does Mission Valley Bank cash savings bonds?

Will Mission Valley Bank cash money orders?

Can Mission Valley Bank issue a money order?

Does Mission Valley Bank do currency exchange?

Background on The Bank

Who owns Mission Valley Bank?

How long has Mission Valley Bank been around?

Can Mission Valley Bank transfer to other banks?

Does Mission Valley Bank have quick pay?

Does Mission Valley Bank accept rolled coins?

Will Mission Valley Bank accept loose change?

Where is Mission Valley Bank headquarters?

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