Poppy Bank

Headquarters

438 First Street
Santa Rosa, CA 95404
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.95% →
1-Year CD 1.00% 1.01% →
2-Year CD 1.00% 0.95% →
5-Year CD 1.15% 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

Poppy Bank is an FDIC insured institution located in Santa Rosa, CA. It was founded in 2005 and has approximately $2.76 billion in assets. Customers can open an account at one of its 10 branches.

FDIC Insured Yes
FDIC Certificate # 57903
Date Established 2005
Assets $ 2.76 billion
Loans $ 2.16 billion
Deposits $ 2.43 billion
Capital $ 218.73 million
 

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

Deposit Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.10% $10,000 $14,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.50% $10,000 $14,999 Learn More
3 Mo CD
0.50% $100,000 $199,999 Learn More
6 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
1.00% $10,000 $14,999 Learn More
18 Mo CD
1.00% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
1.00% $10,000 $14,999 Learn More
24 Mo CD
1.00% $100,000 $199,999 Learn More
36 Mo CD
1.15% $10,000 $14,999 Learn More
36 Mo CD
1.15% $100,000 $199,999 Learn More
48 Mo CD
1.15% $10,000 $14,999 Learn More
48 Mo CD
1.15% $100,000 $199,999 Learn More
60 Mo CD
1.15% $10,000 $14,999 Learn More
60 Mo CD
1.15% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.05% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 25, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Poppy 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
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.575% 2.500% 1.00 $2,470 $988 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.567% 2.500% 0.88 $2,216 $988 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
2.240 %
$0 Learn More
More Info

Note to Poppy Bank
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Branches

Poppy 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


Poppy Bank Locations


Financial Details

Poppy Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Poppy 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
Poppy Bank U.S. Bank Average
9.88% 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, Poppy Bank had $27,409,000 in non-current loans and $3,265,000 in owned real estate. To cover these potential losses it had $218,734,000 in equity and $91,626,000 in loans loss reserves. That gives it a Texas Ratio of 9.88%.

Return on Equity
Poppy Bank U.S. Bank Average
18.8% 7.80%

Poppy Bank has a Return on Equity of 18.8% 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
Poppy Bank U.S. Bank Average
7.94% 12.68%

Poppy Bank has a Capitalization of 7.94% 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.

Poppy Bank Balance Sheet Analysis

As of March 31, 2020, Poppy Bank had assets of $2,755,760,000, loans of $2,162,656,000, and deposits of $2,428,096,000. 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 $ 296.43 million
Interest-bearing balances $ 282.27 million
Total securities $ 185.85 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.16 billion
Loan loss allowance $ 91.63 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.27 million
Goodwill and other intangibles $ 0.93 million
All other assets $ 103.90 million
     Total Assets $ 2.54 billion
LIABILITIES
Total deposits $ 2.43 billion
      Interest-bearing deposits $ 2.21 billion
      Deposits held in domestic offices $ 2.43 billion
      % insured (estimated) 52.49%
Federal funds purchased and repurchase agreements $ 3.34 million
Trading liabilities N.A.
Other borrowed funds $ 96.00 million
Subordinated debt N.A.
All other liabilities $ 9.59 million
      Total Liabilities $ 2.54 billion
      Shareholders’ Equity $ 218.73 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 31.14 million
Total Interest Expense $ 10.41 million
Net interest income $ 20.73 million
Provision for loan and lease losses $ 3.21 million
Total non interest income N.A.
Total non interest expense $ 7.37 million
Pre-tax Net Operating Income $ 10.04 million

Bank Loan Profile?

The top three loan types in Poppy Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and 1-4 Family Residential Loans.

Compared to other banks in California, Poppy Bank 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 10.68
Multifamily
Mortgages
1.88
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 6.98
Commercial Real Estate 68.81
Commercial and Industrial Loans 11.57
Farm Loans 0.00

Frequently Asked Questions About Poppy Bank

Branches and Savings

Is Poppy Bank FDIC insured?

Yes. It is covered under FDIC Certificate #57903.

Why does Poppy Bank pay such low interest on savings accounts?

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

Why are Poppy Bank CD rates not competitive?

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

Is Poppy Bank a commercial bank?

Yes

Where are Poppy Bank locations?

See branch locations nearby.

Is Poppy Bank open on Saturdays?

Is Poppy Bank open on Sundays?

What time does Poppy Bank open?

What time does Poppy Bank close?

Are Poppy Bank ATMs Open 24/7?

Do Poppy Bank ATMs accept cash deposits?

Can Poppy Bank customers use other ATMs?

Do Poppy Bank branches have notaries?

Will Poppy Bank notarize my document?

What address for Poppy Bank should I put for incoming ACH transfers?

Will the Poppy Bank branch print checks?

Do Poppy Bank checks expire?

Does Poppy Bank require US citizenship to open account?

Can Poppy Bank close my account?

Does Poppy Bank Report to credit bureaus?

Does Poppy Bank Use Equifax?

What is Poppy Bank's ACH Routing Number?

What is Poppy Bank's SWIFT code?

Products

Does Poppy Bank offer mortgages?

Compare mortgage rates here.

Does Poppy Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Poppy Bank offer personal loans?

Compare personal loan rates here.

Does Poppy Bank offer student loans?

Will Poppy Bank cash a check?

Will Poppy Bank redeem a savings bond?

Does Poppy Bank cash savings bonds?

Will Poppy Bank cash money orders?

Can Poppy Bank issue a money order?

Does Poppy Bank do currency exchange?

Background on The Bank

Who owns Poppy Bank?

How long has Poppy Bank been around?

Can Poppy Bank transfer to other banks?

Does Poppy Bank have quick pay?

Does Poppy Bank accept rolled coins?

Will Poppy Bank accept loose change?

Where is Poppy Bank headquarters?

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