Tamalpais Bank

Headquarters

851 Irwin Street, Suite 100
San Rafael, CA 94901
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.75% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.25% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

Tamalpais Bank is an FDIC insured institution located in San Rafael, CA. It was founded in 1991 and has approximately $0.61 billion in assets.

Tamalpais Bank, San Rafael, California, was closed April 16, 2010 by the California Department of Financial Institutions, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Union Bank, National Association, San Francisco, California, to assume all of the deposits of Tamalpais Bank.

FDIC Insured Yes
FDIC Certificate # 33493
Date Established 1991
Assets $ 628.90 million
Loans $ 495.64 million
Deposits $ 487.58 million
Capital $ 18.81 million
 

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

Deposit Rates - October 24, 2021

Your Current Location: Connecticut, CT 06828

 

Loan Rates - October 24, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Tamalpais 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 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Morty, Inc.
NMLS ID: 1429243
2.816% 2.750%
0.88 points
$2,145 fees
$1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to Tamalpais Bank
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Branches

Tamalpais 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


Tamalpais Bank Locations



Climate Initiatives

Tamalpais Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Tamalpais Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Tamalpais 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
Tamalpais Bank U.S. Bank Average
103.46% 4.78%

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 June 30, 2021, Tamalpais Bank had $43,359,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $18,809,000 in equity and $23,098,000 in loans loss reserves. That gives it a Texas Ratio of 103.46%.

Return on Equity
Tamalpais Bank U.S. Bank Average
-79.09% 11.29%

Tamalpais Bank has a Return on Equity of -79.09% versus the BestCashCow average of 11.29%. 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
Tamalpais Bank U.S. Bank Average
2.99% 11.72%

Tamalpais Bank has a Capitalization of 2.99% versus the BestCashCow average of 11.72. 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.

Tamalpais Bank Balance Sheet Analysis

As of November 30, -0001, Tamalpais Bank had assets of $611,504,000, loans of $495,637,000, and deposits of $487,582,000. 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

June 30, 2021
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 $ 495.64 million
Loan loss allowance $ 23.10 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 $ 487.58 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 $ 628.90 million

Summary Income Statement

June 30, 2021
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 Tamalpais Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Tamalpais 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 Tamalpais Bank

Branches and Savings

Is Tamalpais Bank FDIC insured?

Yes. It is covered under FDIC Certificate #33493.

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

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

Why are Tamalpais Bank CD rates not competitive?

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

Is Tamalpais Bank a commercial bank?

Yes

Where are Tamalpais Bank locations?

See branch locations nearby.

Is Tamalpais Bank open on Saturdays?

Is Tamalpais Bank open on Sundays?

What time does Tamalpais Bank open?

What time does Tamalpais Bank close?

Are Tamalpais Bank ATMs Open 24/7?

Do Tamalpais Bank ATMs accept cash deposits?

Can Tamalpais Bank customers use other ATMs?

Do Tamalpais Bank branches have notaries?

Will Tamalpais Bank notarize my document?

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

Will the Tamalpais Bank branch print checks?

Do Tamalpais Bank checks expire?

Does Tamalpais Bank require US citizenship to open account?

Can Tamalpais Bank close my account?

Does Tamalpais Bank Report to credit bureaus?

Does Tamalpais Bank Use Equifax?

What is Tamalpais Bank's ACH Routing Number?

What is Tamalpais Bank's SWIFT code?

Products

Does Tamalpais Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Tamalpais Bank offer personal loans?

Compare personal loan rates here.

Does Tamalpais Bank offer student loans?

Will Tamalpais Bank cash a check?

Will Tamalpais Bank redeem a savings bond?

Does Tamalpais Bank cash savings bonds?

Will Tamalpais Bank cash money orders?

Can Tamalpais Bank issue a money order?

Does Tamalpais Bank do currency exchange?

Background on The Bank

Who owns Tamalpais Bank?

How long has Tamalpais Bank been around?

Can Tamalpais Bank transfer to other banks?

Does Tamalpais Bank have quick pay?

Does Tamalpais Bank accept rolled coins?

Will Tamalpais Bank accept loose change?

Where is Tamalpais Bank headquarters?

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