Community Bank (Pasadena, CA) (merged into Citizens Business Bank)

What sets Community Bank (Pasadena, CA) apart

Nothing in the latest data sets Community Bank (Pasadena, CA) apart from banks of its size: no ratio in the top or bottom tenth of its size group, no large rank move or year change, and no acquisition in the FDIC history since 2016. This page is kept out of search results until that changes.

How large is Community Bank (Pasadena, CA)?

The balance sheet of Community Bank (Pasadena, CA) at Q2 2018: assets $3.7 bn, deposits $2.9 bn, net loans $2.7 bn (loans equal to 95.92% of deposits). Securities make up 19.8% of total assets at Community Bank (Pasadena, CA). Since Q1 2016, when Community Bank (Pasadena, CA) held $3.7 bn, its assets grew 1.7%. In the year to Q2 2018, deposits at Community Bank (Pasadena, CA) rose 4.3% while its total assets fell 0.9%. At Q2 2018, Community Bank (Pasadena, CA) employed 356 full-time equivalent staff across 17 offices, about $10.4 mn of assets per employee and $168.5 mn of deposits per office.

How much funding at Community Bank (Pasadena, CA) is uninsured?

At Community Bank (Pasadena, CA), uninsured deposits (above the FDIC limit) made up 69.11% of domestic deposits at Q2 2018 (+1.91 pp on a year earlier). In dollars, Community Bank (Pasadena, CA) estimated $2.0 bn of uninsured deposits.

Key facts, Q2 2018

US rank of Community Bank (Pasadena, CA): 1 = highest unless marked 1 = lowest.

The CET1 ratio of Community Bank (Pasadena, CA) stood at 11.32% in Q2 2018, +0.35 pp year on year. Low and high at Community Bank (Pasadena, CA) since Q1 2016: 10.35% (Q1 2016) to 11.32% (Q2 2018). Equity capital of Community Bank (Pasadena, CA) at Q2 2018: $353.9 mn, or 9.5% of total assets. Community Bank (Pasadena, CA) also reported a total capital ratio of 12.50% for Q2 2018, and a tier 1 leverage ratio of 9.88%.

The available-for-sale portfolio of Community Bank (Pasadena, CA) showed an unrealized loss of $24.4 mn at Q2 2018; the loss widened by $21.6 mn over the year.

For the year to Q2 2018, Community Bank (Pasadena, CA) earned a return on equity of 8.99%; return on assets: 0.85%. Net interest margin at Community Bank (Pasadena, CA): 3.55%, +0.22 pp in a year. Community Bank (Pasadena, CA) net income: $15.8 mn, down 2.0% year on year. The efficiency ratio of Community Bank (Pasadena, CA) was 61.67%: about 62 cents cost per revenue dollar, against 61 cents at the median peer.

At Q2 2018, noncurrent loans were 0.38% of total loans at Community Bank (Pasadena, CA); net charge-offs: 0.08% of average loans. Gross loans and leases at Community Bank (Pasadena, CA): $2.8 bn at Q2 2018, against $2.6 bn at Q2 2017.

The peer group of Community Bank (Pasadena, CA) is the 6 banks nearest to it by total assets at Q2 2018: 3 larger and 3 smaller. Of the peers, 2 share the charter type of Community Bank (Pasadena, CA) (state nonmember bank) and 0 have head offices in California. Against them, Community Bank (Pasadena, CA) shows CET1 ratio 11.32% against a peer median of 11.70%, return on equity 8.99% against a peer median of 11.03% and uninsured deposit share 69.11% against a peer median of 27.84%.

The FDIC history of Community Bank (Pasadena, CA), oldest first; figures before and after each event are not like for like.

1. 10 August 2018. Merged into Citizens Business Bank (FDIC certificate 21716).