United Business Bank
500 Ygnacio Valley Rd
Walnut Creek, CA 94596
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2023 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 $2.55 billion in assets. Customers can open an account at one of its 21 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 57716 |
| Date Established | 2004 |
| Assets | $ 2.55 billion |
| Loans | $ 1,994.21 million |
| Deposits | $ 2.16 billion |
| Capital | $ 357.60 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 - November 28, 2023
Your Current Location: Virginia, VA 20146
Loan Rates - November 28, 2023
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 2023
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: Not a Lender |
points fees |
Learn More | ||
NMLS ID: Not a Lender |
points fees |
Learn More | ||
NMLS ID: 491986 |
points fees |
Learn More |
Featured - Virginia Home Equity Line Of Credit Rates 2023
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|
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
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 |
|---|---|
| 3.41% | 3.82% |
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, 2023, United Business Bank had $12,830,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $357,595,000 in equity and $19,100,000 in loans loss reserves. That gives it a Texas Ratio of 3.41%.
Return on Equity
| United Business Bank | U.S. Bank Average |
|---|---|
| 9.43% | 13.18% |
United Business Bank has a Return on Equity of 9.43% versus the BestCashCow average of 13.18%. 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 |
|---|---|
| 14.01% | 10.43% |
United Business Bank has a Capitalization of 14.01% versus the BestCashCow average of 10.43. 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, 2023, United Business Bank had assets of $2,552,135,000, loans of $1,994,207,000, and deposits of $2,155,901,000. 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, 2023| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 251.79 million |
| Interest-bearing balances | $ 215.15 million |
| Total securities | $ 146.51 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 1,994.21 million |
| Loan loss allowance | $ 19.10 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 45.08 million |
| All other assets | $ 77.42 million |
| Total Assets | $ 2.19 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 2.16 billion |
| Interest-bearing deposits | $ 1,490.64 million |
| Deposits held in domestic offices | $ 2.16 billion |
| % insured (estimated) | 54.02% |
| 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 | $ 2.19 billion |
| Shareholders’ Equity | $ 357.60 million |
Summary Income Statement
June 30, 2023| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 60.92 million |
| Total Interest Expense | $ 9.69 million |
| Net interest income | $ 51.23 million |
| Provision for loan and lease losses | N.A. |
| Total non interest income | $ 4.63 million |
| Total non interest expense | $ 32.95 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, Multifamily Mortgages, and Commercial and Industrial Loans.
Compared to other banks, United Business 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 | 4.68 | ✓ | ||
| Multifamily Mortgages |
12.94 | ✓ | ||
| Credit Card Loans | 0.00 | ✓ | ||
| Consumer Auto Loans | 0.01 | ✓ | ||
| Small Business Loans | 11.91 | ✓ | ||
| Construction and Development Loans | 0.80 | ✓ | ||
| Commercial Real Estate | 68.19 | ✓ | ||
| Commercial and Industrial Loans | 12.38 | ✓ | ||
| Farm Loans | 0.03 | ✓ | ||
Customer Reviews for United Business Bank
Small Company
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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