Pacific State Bank

Headquarters

1899 West March Lane
Stockton, CA 95207
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

Pacific State Bank is an FDIC insured institution located in Stockton, CA. It was founded in 1987 and has approximately $0.31 billion in assets.

Pacific State Bank, Stockton, California, was closed August 20, 2010 by the California Department of Financial Institutions, which then appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for the bank. 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.

FDIC Insured Yes
FDIC Certificate # 27090
Date Established 1987
Assets $ 372.78 million
Loans $ 247.68 million
Deposits $ 322.45 million
Capital $ 17.40 million
 

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

Deposit Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 24, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Pacific State Bank

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

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 Pacific State Bank
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Branches

Pacific State 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:
Fairfield,Connecticut


Pacific State Bank Locations


Financial Details

Pacific State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pacific State 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
Pacific State Bank U.S. Bank Average
109.96% 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, Pacific State Bank had $27,407,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $17,396,000 in equity and $7,529,000 in loans loss reserves. That gives it a Texas Ratio of 109.96%.

Return on Equity
Pacific State Bank U.S. Bank Average
-65.06% 7.80%

Pacific State Bank has a Return on Equity of -65.06% 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
Pacific State Bank U.S. Bank Average
4.67% 12.68%

Pacific State Bank has a Capitalization of 4.67% 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.

Pacific State Bank Balance Sheet Analysis

As of November 30, -0001, Pacific State Bank had assets of $312,077,000, loans of $247,675,000, and deposits of $322,453,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 247.68 million
Loan loss allowance $ 7.53 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 322.45 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 372.78 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Pacific State Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Pacific State 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

Frequently Asked Questions About Pacific State Bank

Branches and Savings

Is Pacific State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27090.

Why does Pacific State Bank pay such low interest on savings accounts?

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

Why are Pacific State Bank CD rates not competitive?

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

Is Pacific State Bank a commercial bank?

Yes

Where are Pacific State Bank locations?

See branch locations nearby.

Is Pacific State Bank open on Saturdays?

Is Pacific State Bank open on Sundays?

What time does Pacific State Bank open?

What time does Pacific State Bank close?

Are Pacific State Bank ATMs Open 24/7?

Do Pacific State Bank ATMs accept cash deposits?

Can Pacific State Bank customers use other ATMs?

Do Pacific State Bank branches have notaries?

Will Pacific State Bank notarize my document?

What address for Pacific State Bank should I put for incoming ACH transfers?

Will the Pacific State Bank branch print checks?

Do Pacific State Bank checks expire?

Does Pacific State Bank require US citizenship to open account?

Can Pacific State Bank close my account?

Does Pacific State Bank Report to credit bureaus?

Does Pacific State Bank Use Equifax?

What is Pacific State Bank's ACH Routing Number?

What is Pacific State Bank's SWIFT code?

Products

Does Pacific State Bank offer mortgages?

Compare mortgage rates here.

Does Pacific State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Pacific State Bank offer personal loans?

Compare personal loan rates here.

Does Pacific State Bank offer student loans?

Will Pacific State Bank cash a check?

Will Pacific State Bank redeem a savings bond?

Does Pacific State Bank cash savings bonds?

Will Pacific State Bank cash money orders?

Can Pacific State Bank issue a money order?

Does Pacific State Bank do currency exchange?

Background on The Bank

Who owns Pacific State Bank?

How long has Pacific State Bank been around?

Can Pacific State Bank transfer to other banks?

Does Pacific State Bank have quick pay?

Does Pacific State Bank accept rolled coins?

Will Pacific State Bank accept loose change?

Where is Pacific State Bank headquarters?

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