United Business Bank

Headquarters

500 Ygnacio Valley Rd
Walnut Creek, CA 94596
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 4.08% →
1-Year CD N.A. 4.71% →
2-Year CD N.A. 4.73% →
5-Year CD N.A. 4.75% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 1.93% →

2022 Overview

General Bank Information

United Business Bank is an FDIC insured institution located in Walnut Creek, CA. It was founded in 2004 and has approximately $2.66 billion in assets. Customers can open an account at one of its 21 branches.

FDIC Insured Yes
FDIC Certificate # 57716
Date Established 2004
Assets $ 2.66 billion
Loans $ 1,987.20 million
Deposits $ 2.26 billion
Capital $ 368.17 million
 

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

Deposit Rates - December 3, 2022

Your Current Location: Virginia, VA 20146

 

Loan Rates - December 3, 2022

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for United Business 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 2022

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Morty, Inc.
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5.707% 5.625%
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$2,260 fees
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NMLS ID: 1907

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Featured - Virginia Home Equity Line Of Credit Rates 2022

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Bethpage Federal Credit Union
Bethpage Federal Credit Union
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Intro APR 6.490 %
After Intro: 7.500 %
Intro Period: 12 months
$25,000 Learn More
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Third Federal Savings and Loan
Third Federal Savings and Loan
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6.240 %
$0 Learn More
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Note to United Business Bank
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Branches

United Business 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


United Business Bank Locations



Climate Initiatives

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

Financial Details

United Business Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of United Business 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
United Business Bank U.S. Bank Average
2.77% 4.06%

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, 2022, United Business Bank had $10,664,000 in non-current loans and $21,000 in owned real estate. To cover these potential losses it had $368,172,000 in equity and $17,800,000 in loans loss reserves. That gives it a Texas Ratio of 2.77%.

Return on Equity
United Business Bank U.S. Bank Average
7.56% 9.98%

United Business Bank has a Return on Equity of 7.56% versus the BestCashCow average of 9.98%. 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
United Business Bank U.S. Bank Average
13.85% 10.23%

United Business Bank has a Capitalization of 13.85% versus the BestCashCow average of 10.23. 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.

United Business Bank Balance Sheet Analysis

As of June 30, 2022, United Business Bank had assets of $2,657,382,000, loans of $1,987,204,000, and deposits of $2,260,368,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 356.86 million
Interest-bearing balances $ 321.63 million
Total securities $ 162.49 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 1,987.20 million
Loan loss allowance $ 17.80 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.02 million
Goodwill and other intangibles $ 47.27 million
All other assets $ 77.42 million
     Total Assets $ 2.29 billion
LIABILITIES
Total deposits $ 2.26 billion
      Interest-bearing deposits $ 1,470.03 million
      Deposits held in domestic offices $ 2.26 billion
      % insured (estimated) 42.98%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 12.76 million
Subordinated debt N.A.
All other liabilities $ 16.08 million
      Total Liabilities $ 2.29 billion
      Shareholders’ Equity $ 368.17 million

Summary Income Statement

June 30, 2022
INCOME AND EXPENSES
Total Interest Income $ 50.03 million
Total Interest Expense $ 2.94 million
Net interest income $ 47.08 million
Provision for loan and lease losses $ 2.63 million
Total non interest income $ 6.57 million
Total non interest expense $ 33.45 million
Pre-tax Net Operating Income $ 17.58 million

Bank Loan Profile?

The top three loan types in United Business Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Multifamily Mortgages.

Compared to other banks in California, United Business 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 4.69
Multifamily
Mortgages
12.98
Credit Card Loans 0.00
Consumer Auto Loans 0.01
Small Business Loans 12.99
Construction and Development Loans 0.81
Commercial Real Estate 68.43
Commercial and Industrial Loans 12.42
Farm Loans 0.03

Customer Reviews for United Business Bank


  • April 9, 2020 |

    I would stay away from this bank. It was much better run when it was Valley Community Bank, but went into the toilet when it was bought by Bay Commercial Bank. Their online banking terms and conditions changed to say if they gave you a virus or got your data stolen from their servers, you couldn't blame them. You couldn't link personal and corporate accounts unless they were all registered to the exact same SSN. Now that they merged into United Business Bank nothing much has changed. SBA loans are like pulling teeth. I guess they don't understand that these are backed by the Federal government and that minimizes their risk, but they treat you like you are a criminal out to rip them off. We have been a personal and corporate client for close to 20 years, but are changing banks right now.

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