PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Bank of India (California)

Los Angeles, CA · Cert 23998 · State Bank of India

State charter, non-member · FDIC · 8 branches

Q2 2026

$1.4BAssets
$1.2BLoans
$1.2BDeposits
$186.8MEquity
Loan mix
57%RE $681.0M43%C&I $517.2M0%Consumer $0.0MQ2 2025Q2 2026
Deposit mix
89%Interest-bearing $1.1B11%Noninterest $0.1BQ2 2025Q2 2026

NIM

5.92%Q2 ’245.76%Q2 ’255.43%Q2 ’26+2%-3%

Non-interest income vs. expense

1.70%Q2 ’241.61%Q2 ’251.71%Q2 ’26-7%+6%

Market Position · Los Angeles-Long Beach-Anaheim, CA · 2026 SOD (annual) · 0.1% share · #56 of 107 inst. · $0.6B of $667.8B

0.2% Los Angeles
0.3% Alameda
0.1% San Diego
0.1% Santa Clara

Executive Summary

  • Earnings: ROA of 0.83%, up 12 bps year over year; NIM at 2.72%.
  • Asset quality: problem loans at 1.11% of loans (+67 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 14.05%, down 31 bps from a year ago.
  • Funding: loans stand at 100.13% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

0.83%+12 bps YoY

Net Interest Margin (quarter, annualized)

2.72%-9 bps YoY

Efficiency Ratio (quarter, annualized)

58.82%+482 bps YoY

Tier 1 Leverage Ratio

14.05%-31 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.71%0.88%0.72%1.35%0.83%+12 bps
Return on Equity5.26%6.49%5.28%10.10%6.24%+99 bps
Net Interest Margin2.82%2.82%2.58%2.76%2.72%-9 bps
Efficiency Ratio54.00%58.82%60.55%54.35%58.82%+482 bps
Non-Interest Burden1.44%1.56%1.48%1.38%1.52%+8 bps
Growth
Asset Growth (YoY)12.04%7.07%8.20%9.65%6.02%-601 bps
Loan Growth (YoY)14.74%7.54%8.94%9.01%3.94%-1,080 bps
Deposit Growth (YoY)13.48%7.46%8.44%9.57%5.95%-753 bps
Asset Quality
Nonperforming Loans / Loans0.43%0.80%1.65%1.09%1.11%+67 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.01%+1 bps
Allowance / Loans1.33%1.33%1.32%1.30%1.32%-1 bps
Allowance Coverage of NPLs3.1x1.7x0.8x1.2x1.2x-1.9x
Capital
Tier 1 Leverage Ratio14.36%14.20%14.14%13.93%14.05%-31 bps
Total Risk-Based Capital17.30%17.32%17.01%16.67%17.19%-10 bps
Equity / Assets13.49%13.61%13.60%13.19%13.51%+2 bps
Liquidity & Funding
Loans / Deposits102.06%101.43%102.42%101.49%100.13%-193 bps
Liquid Assets / Assets4.22%4.44%3.06%3.97%5.06%+84 bps
CRE / Total Capitaln/a345%347%356%n/an/a