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237 Higuera Street
San Luis Obispo, CA 93401

Founders Community Bank is headquartered in San Luis Obispo and is the 165th largest bank in the state of California. It is also the 3,540th largest bank in the nation. It was established in 2005 and as of March of 2014, it had grown to 33 employees at 3 locations. Founders Community Bank has a A+ health rating.

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Founders Community Bank had $326,000 in non-current loans and owned real-estate with $17.72 million in equity and loan loss allowances on hand to cover it. This gives Founders Community Bank a Texas Ratio of 1.84% 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 Founders Community Bank decreased dramatically from 3.54% as of March 31, 2013 to 1.84% as of March 31, 2014, resulting in a positive change of 47.98%.This indicates that the balance sheet and financial strength for Founders Community Bank has improved dramatically in recent periods.

Deposit Growth


In the past year, Founders Community Bank has increased its total deposits by $15.16 million, resulting in 11.65% 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 Founders Community Bank has shown is excellent.



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. Founders Community Bank has $161.48 million in assets with $17.72 million in equity, resulting in a capitalization level of 10.97%, which is above average.

Institution Statistics

FDIC Certificate #57924
Year Established2005
Primary RegulatorFDIC
Assets and Liabilities
Assets$161.48 million
Loans$109.48 million
Deposits$145.31 million
Equity Capital$16.03 million
Loan Loss Allowance$1.70 million
Real Estate Owned$326,000
Historic Data - March 2013
Assets$146.10 million
Equity Capital$15.84 million
Loan Loss Allowance$1.64 million
Real Estate Owned$618,000
Profit Margin - Quarterly
Net Interest Margin4.65%
Return on Assets0.95%
Return on Equity9.56%
Interest Income$1.86 million

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Founders Community Bank Locations
Founders Community Bank237 Higuera StreetSan Luis Obispo, CA 93401
Morro Bay Branch310 Morro Bay BlvdMorro Bay, CA 93442
Marsh St Branch863 Marsh StreetSan Luis Obispo, CA 93401