Coronado First Bank

110 West A Street, Suite 1000
San Diego, CA 92101
619-814-1740
www.coronadofirst.com

FDIC

OverView
Rates
Health
Reviews

Coronado First Bank is headquartered in Coronado and is the 166^th largest bank in the state of California. It is also the 3,573^rd largest bank in the nation. It was established in 2006 and as of December of 2012, it had grown to 26 employees at 2 locations. Coronado First Bank has a 5-star health rating.

Coronado First Bank Routing Number: 122244401

Competitive 4-Year CD Rate at Coronado First Bank in San Diego - Local Only - 5/10/2012

Coronado First Bank is offering a very competitive 4-year CD and IRA CD rate of 1.92% APY. Minimum deposit is $1,000. The Jumbo 4-year CD actually has a lower rate. This 4-year CD rate is listed in th ...

Competitive 18-Month CD Rate at Embarcadero Bank in San Diego - Local Only - 9/21/2011

Embarcadero Bank has two good deals on its mid-term CDs. The best one is a 1.34% APY 18-month CD. The 2-year CD is also fairly competitive with a 1.42% APY. Minimum deposit is $2,500. Lower rates appl ...

Report an Issue

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

Coronado First Bank Checking Account Rates

Apy	Min	Max	Product
0.20%	$25k	-	Island Interest Checking Account
0.20%	$25k	-	Business Interest Checking Account
0.20%	$25k	-	Latitude Checking

Coronado First Bank Savings Account Rates

Apy	Min	Max	Product
0.50%	-	-	Junior Savings
0.20%	$300	-	Personal Savings Account
0.20%	$300	-	Business Savings Account

Coronado First Bank Money Market Rates

Apy	Min	Max	Product
0.35%	$500k	-	Personal Money Market Account
0.35%	$500k	-	Business Money Market Account
0.35%	$100k	-	Personal Premier Money Market
0.35%	$100k	-	Business Premier Money Market

Coronado First Bank CD Rates

Apy	Min	Max	Product
1.11%	$1k	$100k	5 Year CD
1.01%	$1k	$100k	4 Year CD
0.95%	$100k	-	5 Year Jumbo CD
0.80%	$1k	$100k	3 Year CD
0.80%	$100k	-	4 Year Jumbo CD
0.60%	$100k	-	3 Year Jumbo CD
0.50%	$1k	$100k	2 Year CD
0.45%	$1k	$100k	18 Month CD
0.40%	$1k	$100k	12 Month CD
0.40%	$100k	-	2 Year Jumbo CD
0.35%	$100k	-	18 Month Jumbo CD
0.30%	$1k	$100k	9 Month CD
0.30%	$100k	-	12 Month Jumbo CD
0.25%	$1k	$100k	6 Month CD
0.25%	$100k	-	9 Month Jumbo CD
0.20%	$100k	-	6 Month Jumbo CD
0.15%	$1k	$100k	1 Month CD
0.15%	$100k	-	1 Month Jumbo CD
0.10%	$1k	$100k	3 Month CD
0.10%	$100k	-	3 Month Jumbo CD

Coronado First Bank IRA Rates

Apy	Min	Max	Product
1.11%	$1k	$100k	5 Year IRA
1.11%	$1k	$100k	5 Year Roth IRA
1.01%	$1k	$100k	4 Year IRA
1.01%	$1k	$100k	4 Year Roth IRA
0.95%	$100k	-	5 Year Jumbo IRA
0.95%	$100k	-	5 Year Jumbo Roth IRA
0.80%	$1k	$100k	3 Year IRA
0.80%	$1k	$100k	3 Year Roth IRA
0.80%	$100k	-	4 Year Jumbo IRA
0.80%	$100k	-	4 Year Jumbo Roth IRA
0.60%	$100k	-	3 Year Jumbo IRA
0.60%	$100k	-	3 Year Jumbo Roth IRA
0.50%	$1k	$100k	2 Year IRA
0.50%	$1k	$100k	2 Year Roth IRA
0.40%	$1k	$100k	1 Year IRA
0.40%	$1k	$100k	1 Year Roth IRA
0.40%	$100k	-	2 Year Jumbo IRA
0.40%	$100k	-	2 Year Jumbo Roth IRA
0.30%	$100k	-	1 Year Jumbo IRA
0.30%	$100k	-	1 Year Jumbo Roth IRA

Rates updated: 5/24/2013

Data for Q4 2012

Institution Statistics

Coronado First Bank
FDIC Certificate #	58291
BankRate Report	View
Year Established	2006
Employees	26
Primary Regulator	FDIC
Assets and Liabilities
Assets	$165.41 million
Loans	$117.44 million
Deposits	$125.62 million
Equity Capital	$28.76 million
Loan Loss Allowance	$1.26 million
Unbacked Noncurrent Loans	$453,000
Historic Data - December 2011
Assets	$161.22 million
Equity Capital	$27.35 million
Loan Loss Allowance	$1.00 million
Unbacked Noncurrent Loans	$694,000
Real Estate Owned	$612,000
Profit Margin - Quarterly
Net Interest Margin	4.32%
Return on Assets	0.77%
Return on Equity	4.47%
Interest Income	$7.76 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 Coronado First Bank had $453,000 in non-current loans and owned real-estate with $30.02 million in equity and loan loss allowances on hand to cover it. This gives Coronado First Bank a Texas Ratio of 1.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Coronado First Bank decreased significantly from 4.61% as of December 31, 2011 to 1.51% as of December 31, 2012, resulting in a positive change of 67.24%.This indicates that the balance sheet and financial strength for Coronado First Bank has improved significantly in recent periods.
Deposit Growth
In the past year, Coronado First Bank has increased its total deposits by $3.13 million, resulting in 2.56% 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 Coronado First Bank has shown is above average.
Capitalization
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. Coronado First Bank has $165.41 million in assets with $30.02 million in equity, resulting in a capitalization level of 18.15%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.

Coronado First Bank

Related Posts