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  • Important Notice: The new SBMC Mobile Banking App is here! .

    iPhone users: iPhones may automatically update. However, we suggest deleting the App and reinstalling the new one from the App store.

    Android users: You will need to delete the old App and download the new App from the Google Play Store, https://play.google.com/store/apps/details?id=com.apiture.xpressmobile.sbmcuca.sub Your access ID & passcode will remain the same when accessing the upgraded mobile application. If you access the old App, you will see an error message to notify you that the mobile banking solution has changed. Please contact the SBMC Electronic Banking Department if you experience any issues with the new App, (707) 462-6613.

  • Alert: The SBA has announced that PPP funds have been exhausted for commercial banks effective immediately. If you have a pending application someone will be contacting you.

  • Important notice: Beginning May 3, 2021: Banking Center lobbies are open regular hours at Ukiah Main, South Ukiah, Redwood Valley, Fort Bragg, Mendocino, Lakeport, Willits and Laytonville. Hopland Banking Center remains temporarily closed.

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Consolidated Statement of Condition

(unaudited, in thousands)

Assets

Assets chart for Savings Bank Consolidated Statement of Condition
Asset Type March 31,
     2021
December 31, 
         2020
Cash and Due from Banks $ 15,613 $ 15,093
Interest-Bearing Balances Due    
From Depository Institutions 90,964 106,150
     
Investment Securities 540,273 474,781
     
Loans 666,395 662,216
Less: Allowance for Loan Losses (14,846) (12,838)
Net Loans 651,549 649,378
     
Premises and Equipment 10,098 10,228
Other Assets 48,418 46,346
TOTAL ASSETS $1,356,915 $ 1,301,976

Liabilities and Shareholders’ Equity

Liabilities and Shareholders’ Equity chart for Savings Bank Consolidated Statement of Condition
Liabilities and Shareholder's Equity Type                                       March 31,
                                          2021
December 31,
         2020
Non-Interest Bearing Deposits $ 404,184 $ 365,054
Interest-Bearing Deposits 748,412 728,848
Total Deposits 1,152,596 1,093,902
     
Other Liabilities 4,186 4,661
     
TOTAL LIABILITIES 1,156,782 1,098,563
     
Common Stock 2,967 2,967
Additional Paid in Capital 4,524 4,524
Retained Earnings, Net 192,642 195,922
TOTAL SHAREHOLDERS' EQUITY 200,133 203,413
TOTAL LIABILITIES AND EQUITY $ 1,356,915 $ 1,301,976