Central Valley Community Bancorp (CVCY) Financial Statements (2024 and earlier)

Company Profile

Business Address 7100 N. FINANCIAL DRIVE, #101
FRESNO, CA 93720
State of Incorp. CA
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments37,728170,88370,27852,57431,727100,383
Cash and cash equivalents31,170163,46770,27852,57431,727100,383
Short-term investments6,5587,416    
Total current assets:37,728170,88370,27852,57431,727100,383
Noncurrent Assets
Operating lease, right-of-use asset 10,6297,3088,195 
Property, plant and equipment7,9878,3808,2287,6188,4849,398
Intangible assets, net (including goodwill)53,84554,29954,96055,65556,34956,804
Goodwill53,77753,77753,77753,77753,77753,777
Intangible assets, net (excluding goodwill) 685221,1831,8782,5723,027
Total noncurrent assets:72,46169,98771,38363,27364,83366,202
Other undisclosed assets2,312,3302,209,2691,862,4351,480,9081,441,2761,495,070
TOTAL ASSETS:2,422,5192,450,1392,004,0961,596,7551,537,8361,661,655
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 46,000   10,000 
Total current liabilities: 46,000   10,000 
Noncurrent Liabilities
Other undisclosed liabilities2,201,8592,202,2941,759,0751,368,6271,308,0981,452,096
Total liabilities:2,247,8592,202,2941,759,0751,368,6271,318,0981,452,096
Equity
Equity, attributable to parent174,660247,845245,021228,128219,738209,559
Common stock61,48766,82079,41689,379103,851103,314
Accumulated other comprehensive income (loss)(81,227)7,63214,8562,817(4,407)2,826
Retained earnings194,400173,393150,749135,932120,294103,419
Total equity:174,660247,845245,021228,128219,738209,559
TOTAL LIABILITIES AND EQUITY:2,422,5192,450,1392,004,0961,596,7551,537,8361,661,655

Income Statement (P&L) ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues82,98873,85666,01866,33164,64963,231
Net investment income82,98873,85666,01866,33164,18757,376
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
   (3,275)(1,025)(50) 
Gross profit:82,98873,85662,74365,30664,59963,231
Operating expenses(9,906)(10,129)(10,428)(9,752)(10,543)(34,045)
Other operating income, net
(Noninterest Income, Other Operating Income)
6721,6842,8021,7432,1071,753
Operating income:73,75465,41155,11757,29756,16330,939
Nonoperating income
(Bank Owned Life Insurance Income)
985840711728695621
Interest and debt expense(3,422)(1,302)(1,595)(2,559)(1,484)(1,137)
Income from continuing operations before equity method investments, income taxes:71,31764,94954,23355,46655,37430,423
Other undisclosed loss from continuing operations before income taxes(36,176)(26,932)(26,972)(25,514)(27,465)(6,604)
Income from continuing operations before income taxes:35,14138,01727,26129,95227,90923,819
Income tax expense(8,496)(9,616)(6,914)(8,509)(6,620)(9,793)
Income from continuing operations:26,64528,40120,34721,44321,28914,026
Income before gain (loss) on sale of properties:28,40120,34721,44321,28914,026
Net income available to common stockholders, diluted:26,64528,40120,34721,44321,28914,026

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:26,64528,40120,34721,44321,28914,026
Other comprehensive income (loss)(88,859)(7,224)12,0397,224(7,377)2,841
Comprehensive income (loss), net of tax, attributable to parent:(62,214)21,17732,38628,66713,91216,867

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: