First Credit Bank

First Credit Bank is headquartered in Los Angeles and is the 93^rd largest bank in the state of California. It is also the 1,506^th largest bank in the nation. It was established in 1983 and as of March of 2012, it had grown to 30 employees at 2 locations. First Credit Bank has a 2-star health rating.

Data for Q1 2012

Institution Statistics First Credit Bank FDIC Certificate # 24332 BankRate Report View Year Established 1983 Employees 30 Primary Regulator FDIC Assets and Liabilities Assets $444.96 million Loans $299.60 million Deposits $313.31 million Equity Capital $127.56 million Loan Loss Allowance $20.47 million Unbacked Noncurrent Loans $25.52 million Real Estate Owned $19.61 million Historic Data - March 2011 Assets $489.10 million Equity Capital $130.86 million Loan Loss Allowance $20.47 million Unbacked Noncurrent Loans $19.97 million Real Estate Owned $9.32 million Profit Margin - Quarterly Net Interest Margin 6.66% Return on Assets 4.79% Return on Equity 17.04% Interest Income $7.47 million

Institution Health Overall Score: 2 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 March 31, 2012 First Credit Bank had $45.13 million in non-current loans and owned real-estate with $148.03 million in equity and loan loss allowances on hand to cover it. This gives First Credit Bank a Texas Ratio of 30.48% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for First Credit Bank increased slightly from 19.35% as of March 31, 2011 to 30.48% as of March 31, 2012, resulting in a negative change of 57.54%. This indicates that the balance sheet and financial strength for First Credit Bank has declined slightly in recent periods. Deposit Growth In the past year, First Credit Bank has decreased its total deposits by -$40.34 million, resulting in -11.41% 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 First Credit 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. First Credit Bank has $444.96 million in assets with $148.03 million in equity, resulting in a capitalization level of 33.27%, which is excellent.

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