California First National Bank

California First National Bank Locations
18201 Von Karman Avenue, Suite 420
Irvine, CA 92612
(800) 735-2465
www.calfirst.com

FDIC


California First National Bank is headquartered in Irvine and is the 100th largest bank in the state of California. It is also the 1,561st largest bank in the nation. It was established in 2001 and as of December of 2012, it had grown to 93 employees at 1 location. California First National Bank's money market rates are 14% higher than the national average, and it boasts a 5-star health rating.



See Rates for: Checking | Savings | Money Market | CD | IRA

California First National Bank Checking Account Rates

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0.20%--Interest Checking

California First National Bank Savings Account Rates

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0.50%$1k-Premium Savings

California First National Bank Money Market Rates

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0.50%$5k-Money Market Checking

California First National Bank CD Rates

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1.16%$5k-3 Year CD
1.06%$5k-2 Year CD
0.90%$5k-1 Year CD
0.55%$5k-6 Month CD
0.40%$5k-3 Month CD

California First National Bank IRA Rates

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1.16%$2k-3 Year IRA
1.06%$2k-2 Year IRA
0.90%$2k-1 Year IRA
0.55%$2k-6 Month IRA
0.40%$2k-3 Month IRA

Rates updated: 5/22/2013

Data for Q4 2012


Institution Statistics


California First National Bank
FDIC Certificate #35331
BankRate ReportView
Year Established2001
Employees93
Primary RegulatorOCC

Assets and Liabilities

Assets$429.30 million
Loans$323.67 million
Deposits$332.86 million
Equity Capital$85.91 million
Loan Loss Allowance$4.45 million
Unbacked Noncurrent Loans$2.09 million

Historic Data - December 2011

Assets$357.03 million
Equity Capital$80.86 million
Loan Loss Allowance$3.58 million
Unbacked Noncurrent Loans$124,000

Profit Margin - Quarterly

Net Interest Margin4.27%
Return on Assets1.12%
Return on Equity5.08%
Interest Income$18.00 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 California First National Bank had $2.09 million in non-current loans and owned real-estate with $90.36 million in equity and loan loss allowances on hand to cover it. This gives California First National Bank a Texas Ratio of 2.31% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for California First National Bank held steady from 0.15% as of December 31, 2011 to 2.31% as of December 31, 2012, resulting in a negative change of 1,471.86%. This indicates that the balance sheet and financial strength for California First National Bank has held steady in recent periods.
Deposit Growth5
In the past year, California First National Bank has increased its total deposits by $65.73 million, resulting in 24.61% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth California First National Bank has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. California First National Bank has $429.3 million in assets with $90.36 million in equity, resulting in a capitalization level of 21.05%, which is excellent.
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