Far East National Bank

Far East National Bank is headquartered in Los Angeles and is the 49^th largest bank in the state of California. It is also the 589^th largest bank in the nation. It was established in 1974 and as of December of 2012, it had grown to 221 employees at 9 locations. Far East National Bank has a 5-star health rating.

Far East National Bank Routing Number: 122034103

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Data for Q4 2012

Institution Statistics Far East National Bank FDIC Certificate # 21851 BankRate Report View Year Established 1974 Employees 221 Primary Regulator OCC Assets and Liabilities Assets $1.13 billion Loans $620.60 million Deposits $803.31 million Equity Capital $317.52 million Loan Loss Allowance $22.23 million Unbacked Noncurrent Loans $14.07 million Real Estate Owned $8.46 million Historic Data - December 2011 Assets $1.40 billion Equity Capital $291.20 million Loan Loss Allowance $60.72 million Unbacked Noncurrent Loans $55.98 million Real Estate Owned $7.65 million Profit Margin - Quarterly Net Interest Margin 3.53% Return on Assets 2.22% Return on Equity 8.85% Interest Income $41.24 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 Far East National Bank had $22.52 million in non-current loans and owned real-estate with $339.74 million in equity and loan loss allowances on hand to cover it. This gives Far East National Bank a Texas Ratio of 6.63% 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 Far East National Bank decreased significantly from 18.05% as of December 31, 2011 to 6.63% as of December 31, 2012, resulting in a positive change of 63.28%.This indicates that the balance sheet and financial strength for Far East National Bank has improved significantly in recent periods. Deposit Growth In the past year, Far East National Bank has decreased its total deposits by -$278.28 million, resulting in -25.73% 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 Far East National Bank has shown is poor. 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. Far East National Bank has $1.13 billion in assets with $339.74 million in equity, resulting in a capitalization level of 29.98%, which is excellent.