| Bank Cert #57944

Open Bank

California JSON

Institution Profile

Address: 1000 Wilshire Blvd Los Angeles, CA 90017
Website:

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FDIC Profile:

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Established:

6/10/2005

Branches:

17

Branches by Region
CA 12 WA 1 TX 1 GA 1 CO 1 NV 1

Financial Overview

Total Assets
$2.65B
Total Deposits
$2.28B
Total Loans
$2.21B
Equity Capital
$252.36M
Employees
249
Allowance for Loan Losses
$27.98M

Performance Ratios

Net Worth Ratio
9.52%
Loan-to-Deposit Ratio
96.65%
Coverage Ratio
1.27% Allowance / Total Loans
Net Income
$26.71M
Return on Assets (ROA)
1.05%
Return on Equity (ROE)
12.19%

Assets, Loans & Deposits Over Time

Assets, Loans & Deposits Over Time

Total Assets: +119.23% Total Deposits: +116.50% Total Loans: +120.30% since 2020 Q1

Employee Growth

Employee Growth

Employees: +42.29% since 2020 Q1

Loan Portfolio Breakdown

Current outstanding balances by loan type

Commercial Real Estate
$1.20B 57.3%
1-4 Family Residential
$650.82M 31.1%
Commercial & Industrial
$132.54M 6.3%
Multifamily
$101.45M 4.8%
Farmland
$8.32M 0.4%
Construction
$794,000 0.0%
Other Consumer
$3,000 0.0%

Portfolio Distribution

SBA 7(a) Loan Originations

Quarterly SBA origination activity and guaranteed exposure

SBA 7(a) Originations vs Cancellations per Quarter

Approved: -57.14% Cancelled: -100.00% since 2020 Q1

SBA 7(a) Approved vs Guaranteed vs Cancelled Dollars

Approved: -44.76% Guaranteed: -48.21% Cancelled: -100.00% since 2020 Q1

Net Income Trend

Net Income Trend

Net Income: +608.97% since 2020 Q1

Historical Data Table

QuarterTotal AssetsTotal DepositsTotal LoansNet IncomeEmployees
2025 Q4 $2.65B $2.28B $2.21B $26.71M 249
2025 Q3 $2.61B $2.28B $2.16B $19.17M 250
2025 Q2 $2.56B $2.26B $2.09B $12.30M 237
2025 Q1 $2.51B $2.19B $2.05B $5.75M 240
2024 Q4 $2.37B $2.03B $1.96B $21.80M 231
2024 Q3 $2.39B $2.07B $1.94B $16.63M 230
2024 Q2 $2.29B $1.94B $1.88B $11.01M 224
2024 Q1 $2.23B $1.90B $1.82B $5.38M 228
2023 Q4 $2.15B $1.81B $1.77B $24.61M 222
2023 Q3 $2.14B $1.83B $1.76B $19.26M 231
2023 Q2 $2.15B $1.86B $1.72B $13.97M 224
2023 Q1 $2.17B $1.91B $1.70B $7.70M 222
2022 Q4 $2.09B $1.89B $1.72B $33.98M 221
2022 Q3 $2.03B $1.82B $1.65B $25.79M 218
2022 Q2 $1.93B $1.74B $1.55B $16.94M 205
2022 Q1 $1.86B $1.67B $1.51B $8.29M 199
2021 Q4 $1.73B $1.54B $1.40B $29.32M 193
2021 Q3 $1.68B $1.50B $1.33B $20.02M 188
2021 Q2 $1.60B $1.44B $1.31B $11.66M 185
2021 Q1 $1.46B $1.29B $1.18B $5.17M 171
2020 Q4 $1.37B $1.20B $1.13B $13.90M 173
2020 Q3 $1.34B $1.17B $1.11B $9.96M 167
2020 Q2 $1.29B $1.12B $1.05B $6.25M 167
2020 Q1 $1.21B $1.05B $1.00B $3.77M 175