Valley-based banks and credit unions.
VALLEY-BASED BANKS AND CREDIT UNIONS
Ranked by assets as of March 31, 2004
Assets Deposits
(in millions) (in millions)
* as of * as of
March 31, 2004 March 31, 2004
* as of * as of
Bank (year established) March 31, 2003 March 31, 2003
* name * % increase * % increase
Rank * address (decrease) (decrease)
1 Lockheed Federal Credit Union $1,843.3 $1,558.8
2340 Hollywood Way $1,640 $1,390.4
Burbank 91505 12.4% 12.11%
2 First Bank of Beverly Hills, 1,129.8 636.1
FSB (1982) 772.1 385.1
23901 Calabasas Road, 46.30 65.20%
Suite 1050
Calabasas 91302
3 Premier America Credit 953.6 832.2
Union (1957) 868 788.7
19867 Prairie Street 9.87% 5.52%
Chatsworth 91311
4 Telesis Community Credit 411 331
Union (1965) 338 299
9301 Winnetka Ave. 22% 11%
Chatsworth 91311
5 First California Bank (1979) 254.2 210.1
1150 Paseo Camarillo 203.7 186.2
Camarillo 93010 25% 13%
6 First State Bank of 215 178
California (1983) 169 149
10820 Zelzah Ave. 27.22% 19.46%
Granada Hills 91344
7 First Commerce Bancorp (1984) 187.2 168
16861 Ventura Blvd. 140.2 127.7
Encino 91436 34% 32%
8 Encino State Bank (1997) 180.9 169.5
16000 Ventura Blvd. 149.6 139.6
Encino 91436 20% 21%
9 Matadors Community Credit 112.7 102.7
Union (1963) 102.8 93.7
20045 Prairie Street 9.59% 9.60%
Chatsworth 91311
10 Mission Valley Bank (2000) 93 84
9116 Sunland Blvd. 56 51
Sun Valley 91352 66% 65%
11 California Oaks State 83.1 77
Bank (1998) 90.7 86.1
50 W. Hillcrest Drive (8.44%) (10.58%)
Thousand Oaks 91360
Net Income
(in millions)
* Oct. 1- Non-Performing
Mar. 31, 2004 Ratios
* Oct. 1- * of total
Bank (year established) Mar. 31, 2003 assets
* name * % increase * loans of
Rank * address (decrease) total loans
1 Lockheed Federal Credit Union $17.1 .25%
2340 Hollywood Way $14.7 .32%
Burbank 91505 16.6%
2 First Bank of Beverly Hills, 4.0 .057
FSB (1982) 3.3 .059
23901 Calabasas Road, 21.20
Suite 1050
Calabasas 91302
3 Premier America Credit 2.9 (1) .019%
Union (1957) 2.5 (1) .028%
19867 Prairie Street 37.40%
Chatsworth 91311
4 Telesis Community Credit WND WND
Union (1965) WND WND
9301 Winnetka Ave. WND
Chatsworth 91311
5 First California Bank (1979) 2.4 (2) .009%
1150 Paseo Camarillo 1.6 (2) .0145%
Camarillo 93010 46%
6 First State Bank of 0.757 .028%
California (1983) 0.913 .039%
10820 Zelzah Ave. (17.09%)
Granada Hills 91344
7 First Commerce Bancorp (1984) 0.799 0%
16861 Ventura Blvd. 0.842 0%
Encino 91436 (5%)
8 Encino State Bank (1997) 0.467 0%
16000 Ventura Blvd. 0.514 0%
Encino 91436 (10%)
9 Matadors Community Credit 0.671 .010%
Union (1963) 0.542 .015%
20045 Prairie Street 23.80%
Chatsworth 91311
10 Mission Valley Bank (2000) 0.284 0%
9116 Sunland Blvd. 0.230 0%
Sun Valley 91352 23%
11 California Oaks State (19) .060%
Bank (1998) (70) .098%
50 W. Hillcrest Drive (268.43%)
Thousand Oaks 91360
Returns
(6 mos. Ended Branches
03/31/04) * number of
* on average branches
Bank (year established) assets * ATMs owned/
* name * on average outside
Rank * address equity ATM network
1 Lockheed Federal Credit Union 1.89% 10
2340 Hollywood Way 13.10% 35/yes
Burbank 91505
2 First Bank of Beverly Hills, 0.88 1
FSB (1982) 9.59 1/ yes
23901 Calabasas Road,
Suite 1050
Calabasas 91302
3 Premier America Credit 1.32% (1) 9
Union (1957) 14.6% (1) 10/ yes
19867 Prairie Street
Chatsworth 91311
4 Telesis Community Credit WND 9
Union (1965) WND 18/ yes
9301 Winnetka Ave.
Chatsworth 91311
5 First California Bank (1979) 0.91% 5
1150 Paseo Camarillo 12.23% 3/ yes
Camarillo 93010
6 First State Bank of 0.80% 2
California (1983) 8.03% 2/ yes
10820 Zelzah Ave.
Granada Hills 91344
7 First Commerce Bancorp (1984) 0.92% 2
16861 Ventura Blvd. 10.70% O/ yes
Encino 91436
8 Encino State Bank (1997) 0.54% 3
16000 Ventura Blvd. 9.16% O/ no
Encino 91436
9 Matadors Community Credit 1.21% 2
Union (1963) 19.33% 6/ yes
20045 Prairie Street
Chatsworth 91311
10 Mission Valley Bank (2000) 0.36% 1
9116 Sunland Blvd. 3.10% 1/ yes
Sun Valley 91352
11 California Oaks State 0.35% 2
Bank (1998) (4.96%) 1/ yes
50 W. Hillcrest Drive
Thousand Oaks 91360
Top Local Executive
Bank (year established) * name
* name * title
Rank * address * phone
1 Lockheed Federal Credit Union David M. Styler
2340 Hollywood Way President/CEO
Burbank 91505 (818) 565-2000
2 First Bank of Beverly Hills, Joseph W. Kiley III
FSB (1982) President/CEO
23901 Calabasas Road, (818) 223-8084
Suite 1050
Calabasas 91302
3 Premier America Credit John Merlo
Union (1957) President/CEO
19867 Prairie Street (818) 772-4000
Chatsworth 91311
4 Telesis Community Credit Grace Mayo
Union (1965) President/CEO
9301 Winnetka Ave. (818) 206-3756
Chatsworth 91311
5 First California Bank (1979) C.G. Kum
1150 Paseo Camarillo President/CEO
Camarillo 93010 (805) 322-9308
6 First State Bank of Richard C. Taylor
California (1983) President
10820 Zelzah Ave. (818) 366-2188
Granada Hills 91344
7 First Commerce Bancorp (1984) John J. Feldman
16861 Ventura Blvd. President/CEO
Encino 91436 (818) 501-2265
8 Encino State Bank (1997) Carl 0. Schatz
16000 Ventura Blvd. CEO/ Chairman
Encino 91436 (818) 789-9055
9 Matadors Community Credit Dale Verderano
Union (1963) President/CEO
20045 Prairie Street (818) 993-6328
Chatsworth 91311
10 Mission Valley Bank (2000) Tamara Gurney
9116 Sunland Blvd. President/CEO
Sun Valley 91352 (818) 394-2330
11 California Oaks State Cole Minnick
Bank (1998) President/CEO
50 W. Hillcrest Drive (805) 413-0136
Thousand Oaks 91360
(1) Three months ended March 31, 2004
(2) 12 months ended March 31, 2004
To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and
the thoroughness of the list, omissions and typographical errors
sometimes occur. Please send corrections or additions on company
letterhead to the Research Department, San Fernando Valley Business
Journal, 21600 Oxnard St., Suite 250, Woodland Hills, CA 91367.
[c] 2004 San Fernando Valley Business Journal. This list may not be
reprinted in whole or in part without prior permission from the
editor. Reprints are available from Reprint Management Services,
(800) 494-9051 ext. 130.
Researched by Marissa Greenberg
COPYRIGHT 2004 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
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