TriCo Bancshares · Chico, CA United States ·(NASDAQ (GS): TCBK)
Company Description
Phone: 530-898-0300
Fax: 530-898-0310
Toll Free: 800-922-8742
View TriCo Bancshares Locations On A US Map
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This link will open in a new window Tri-curious? Try TriCo Bancshares, the holding company for Tri Counties Bank, which serves customers through about 60 traditional and in-store branches in California's Central Valley (with a concentration in northern California). Tri Counties Bank provides a variety of deposit services, including checking and savings accounts, money market accounts, and CDs. Most patrons are retail customers and small to midsized businesses. The bank primarily originates real estate mortgages, which account for about 45% of its loan portfolio; consumer loans contribute about 35%. To read the full description, subscribe now.
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Key TriCo Bancshares Financials
| Company Type | Public - NASDAQ (GS): TCBK Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $116.6 |
| 2008 Employees | 697 |
TriCo Bancshares Executives
21 executives listed for TriCo Bancshares's Chico, CA location.
| Title | Name & Bio | Contact |
| Chairman, TriCo Bancshares and Tri Counties Bank | William Casey | Network |
| Vice Chairman | Donald Murphy | Network |
| President, CEO, and Director, TriCo Bancshares and Tri Counties Bank | Richard Smith | Network |
Competition
Competitive Landscape for TriCo Bancshares
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top TriCo Bancshares Competitors
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