Valley Community Bank Analysis

VALLEY COMMUNITY BANK Pleasanton 465 Main Street Pleasanton, CA 94566 finance 653 Final theme Project (Spring 2010) Instructor: Fung Hours: 19:00 22:00 MON Group Members: Executive Summary V tout ensembleey Community commit (VCBC.OB) headquartered in Pleasanton, California, was founded on August 10th, 1998. Valley Community Bank provides banking services to residents, scurvy and medium-sized businesses, and professional firms operating in Pleasanton, Livermore, San Ramon, San Jose, as well as communities in Alameda, Contra Costa, and Santa Clara Counties in California. VCB generates various deposit products, including checking, savings, money market, NOW, m deposits, certificates of deposit, and health savings account (HSA). By December 31st, 2008, VCB operated 5 branches. Also in April 12th, 1999, VCB became a public traded company on OTC (Over the Counter) Market symbol (VCBC). After the recession of 2007~2008, banks were collision actually badly, and many of them suffered great losses from the subprime mortgages; for example Citigroup and Bank of America. As we saw the ratios and ratings for this bank, we believed the price we offered to purchase the company was very reasonable. VCB is well capitalized, and it has a great growth in the assets.

On the other hand under its management, VCB announced in the constitution policy the company prohibits excessive or luxury expenditures on entertainment and event, which shows that VCB has no agency problem. On its earnings, VCB has shown that a make headway was made after suffering huge losses during the recession, and such(prenominal) a fast recovery is very impressive. Under its liquid state ratios, it is no good for a bank having more runniness than it supposed to have, but as in a purchasers point of view, more liquidity, more new loans ass be issued, and under the current economic situation, also the bank does not have high liquidity risks, and any insolvency problem. From all the information provided in the following pages, this... If you want to get a full essay, order it on our website: Ordercustompaper.com

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