Valley Republic Bank

Headquarters

5000 California Avenue, Suite 110
Bakersfield, CA 93309
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

Valley Republic Bank is an FDIC insured institution located in Bakersfield, CA. It was founded in 2009 and has approximately $1.36 billion in assets. Customers can open an account at one of its 4 branches.

FDIC Insured Yes
FDIC Certificate # 58828
Date Established 2009
Assets $ 1,364.94 million
Loans $ 892.54 million
Deposits $ 1,213.21 million
Capital $ 139.78 million
 

For a more detailed analysis of Valley Republic 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 Valley Republic 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
Rocket Mortgage
NMLS ID: 3030
3.610% 3.500%
0.88 points
$3,438 fees
$1,123 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 Valley Republic Bank
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Branches

Valley Republic 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


Valley Republic Bank Locations



Climate Initiatives

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

Financial Details

Valley Republic Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Valley Republic 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
Valley Republic Bank U.S. Bank Average
1.55% 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, Valley Republic Bank had $2,345,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $139,783,000 in equity and $11,124,000 in loans loss reserves. That gives it a Texas Ratio of 1.55%.

Return on Equity
Valley Republic Bank U.S. Bank Average
13.59% 11.29%

Valley Republic Bank has a Return on Equity of 13.59% 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
Valley Republic Bank U.S. Bank Average
10.24% 11.72%

Valley Republic Bank has a Capitalization of 10.24% 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.

Valley Republic Bank Balance Sheet Analysis

As of June 30, 2021, Valley Republic Bank had assets of $1,364,944,000, loans of $892,537,000, and deposits of $1,213,210,000. 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 $ 198.37 million
Interest-bearing balances $ 176.21 million
Total securities $ 231.47 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 892.54 million
Loan loss allowance $ 11.12 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 $ 36.16 million
     Total Assets $ 1,225.16 million
LIABILITIES
Total deposits $ 1,213.21 million
      Interest-bearing deposits $ 799.60 million
      Deposits held in domestic offices $ 1,213.21 million
      % insured (estimated) 39.04%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 11.95 million
      Total Liabilities $ 1,225.16 million
      Shareholders’ Equity $ 139.78 million

Summary Income Statement

June 30, 2021
INCOME AND EXPENSES
Total Interest Income $ 21.74 million
Total Interest Expense $ 0.84 million
Net interest income $ 20.90 million
Provision for loan and lease losses $ 0.50 million
Total non interest income $ 1.42 million
Total non interest expense $ 8.87 million
Pre-tax Net Operating Income $ 12.94 million

Bank Loan Profile?

The top three loan types in Valley Republic Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Construction and Development Loans.

Compared to other banks in California, Valley Republic Bank has a significantly higher percent of Commercial and Industrial Loans, Farm Loans 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 5.36
Multifamily
Mortgages
1.96
Credit Card Loans 0.00
Consumer Auto Loans 0.02
Small Business Loans 6.90
Construction and Development Loans 7.96
Commercial Real Estate 39.50
Commercial and Industrial Loans 35.17
Farm Loans 2.57

Frequently Asked Questions About Valley Republic Bank

Branches and Savings

Is Valley Republic Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58828.

Why does Valley Republic Bank pay such low interest on savings accounts?

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

Why are Valley Republic Bank CD rates not competitive?

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

Is Valley Republic Bank a commercial bank?

Yes

Where are Valley Republic Bank locations?

See branch locations nearby.

Is Valley Republic Bank open on Saturdays?

Is Valley Republic Bank open on Sundays?

What time does Valley Republic Bank open?

What time does Valley Republic Bank close?

Are Valley Republic Bank ATMs Open 24/7?

Do Valley Republic Bank ATMs accept cash deposits?

Can Valley Republic Bank customers use other ATMs?

Do Valley Republic Bank branches have notaries?

Will Valley Republic Bank notarize my document?

What address for Valley Republic Bank should I put for incoming ACH transfers?

Will the Valley Republic Bank branch print checks?

Do Valley Republic Bank checks expire?

Does Valley Republic Bank require US citizenship to open account?

Can Valley Republic Bank close my account?

Does Valley Republic Bank Report to credit bureaus?

Does Valley Republic Bank Use Equifax?

What is Valley Republic Bank's ACH Routing Number?

What is Valley Republic Bank's SWIFT code?

Products

Does Valley Republic Bank offer mortgages?

Compare mortgage rates here.

Does Valley Republic Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Valley Republic Bank offer personal loans?

Compare personal loan rates here.

Does Valley Republic Bank offer student loans?

Will Valley Republic Bank cash a check?

Will Valley Republic Bank redeem a savings bond?

Does Valley Republic Bank cash savings bonds?

Will Valley Republic Bank cash money orders?

Can Valley Republic Bank issue a money order?

Does Valley Republic Bank do currency exchange?

Background on The Bank

Who owns Valley Republic Bank?

How long has Valley Republic Bank been around?

Can Valley Republic Bank transfer to other banks?

Does Valley Republic Bank have quick pay?

Does Valley Republic Bank accept rolled coins?

Will Valley Republic Bank accept loose change?

Where is Valley Republic Bank headquarters?

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