Beneficial State Bank
Oakland, California, Alameda County
$2.0B in total assets, the 614th largest of 4,309 US banks and 43rd of 120 headquartered in California.
- FDIC certificate
- 58490
- Established
- 2007
- Owned by
- Beneficial State Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.beneficialstatebank.com
At a glance
Compared with 51 banks headquartered in California with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $2.0B | 37% | $2.9B | |
| Loans | $1.5B | 47% | $2.1B | |
| Deposits | $1.7B | 33% | $2.4B | |
| Return on assets | 0.14% | 6% | 1.22% | |
| Net interest margin | 4.00% | 63% | 3.80% | |
| Efficiency ratio | 76.1% | 94% | 53.5% | |
| Equity to assets | 9.25% | 8% | 11.37% | |
| Loans to deposits | 91% | 58% | 89% |
Growth
Total assets grew 6.8% a year over the last 5 years and 12.1% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Feb 2018 | Albina Community Bank Portland, OR | $181M |
| Jun 2016 | Pan American Bank Los Angeles, CA | $160M |
| Dec 2010 | ShoreBank, Pacific Ilwaco, WA | $180M |
Where they operate
8 branches in 6 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Alameda County, CA | $840M | 1.2% | 12 of 37 |
| Multnomah County, OR | $380M | 1.1% | 9 of 20 |
| Los Angeles County, CA | $236M | 0.0% | 73 of 91 |
| King County, WA | $203M | 0.2% | 20 of 38 |
| Fresno County, CA | $42M | 0.2% | 21 of 22 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 4 branches since 2016 (4 to 8, +100.0%). 3 opened, 12 acquired, 11 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 4 | |||
| 2016 | Acquired Pan American BankBought 6 branches from Finance and Thrift Company, opened North Hollywood and Santa Rosa | 9 | 0 | +9 | 13 |
| 2018 | Acquired Albina Community BankOpened Visalia | 6 | 0 | +6 | 19 |
| 2019 | Closed 3 in 2 states | 0 | 3 | −3 | 16 |
| 2020 | Closed 8 in 2 states | 0 | 8 | −8 | 8 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 33% | 13% | |
| Consumer | 32% | 1% | |
| Commercial real estate | 23% | 48% | |
| Business (C&I) | 6% | 15% | |
| Construction and land | 3% | 3% | |
| 1-4 family residential | 2% | 15% | |
| Farmland | 0% | 2% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 42% | 49% | |
| Time deposits | 33% | 23% | |
| Noninterest-bearing | 24% | 29% |
Brokered deposits are 20.1% of deposits (peers 4.2%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 2.44% | 0.43% |
| Net charge-offs, annualized | 0.75% | 0.05% |
| Reserves to loans | 1.76% | 1.25% |
| Leverage ratio | 11.22% | 11.65% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in California
Largest competitors in Alameda County, CA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/beneficial