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 Open Bank
Open Bank
| RSSD ID 3357219 | CERTIFICATE 57944 | ABA NUMBER 122043958 |
| 1000 Wilshire Blvd |
Quarter Ended : |
2025-03-31 |
| Los Angeles, California, 90017 |
Updated : |
2025-04-30 |
| https://myopenbank.com |
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| Institution Profile |
| Year Opened : |
2005 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
16 |
Number of Employees : |
240 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,512,826 |
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Total Interest Income | 34,859 |
| Total Liabilities | 2,304,268 |
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Total NonInterest Income | 4,763 |
| Total Bank Equity Capital | 208,558 |
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Total Interest Expense | 17,441 |
| Total Deposits | 2,191,167 |
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Total NonInterest Expense | 13,552 |
| Net Loans & Leases | 2,018,517 |
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Net Income | 5,744 |
| Loan Loss Allowance | 25,368 |
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Net Charge Offs | 115 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Total capital | 246,883 |
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Total loans | 2,005,044 |
| Total assets for the leverage ratio | 2,421,854 |
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Loans secured by real estate: | 1,767,131 |
| Tier 1 Leverage Ratio | 9.15 |
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Commercial and industrial loans | 237,612 |
| Tier 1 Capital Ratio | 10.99 |
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Loans to individuals - Credit Cards | 0 |
| Total Capital Ratio | 12.24 |
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Loans to individuals - Other | 301 |
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:· Open Bank
