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Overview / Commentary
7690 N. Palm Avenue, Ste. 101
Fresno, CA 93711

Fresno First Bank is headquartered in Fresno and is the 125th largest bank in the state of California. It is also the 2,616st largest bank in the nation. It was established in 2005 and as of June of 2014, it had grown to 36 employees at 1 location. Fresno First Bank has a A+ health rating.

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Health

Data for Q2 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

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 June 30, 2014 Fresno First Bank had $49,000 in non-current loans and owned real-estate with $26.12 million in equity and loan loss allowances on hand to cover it. This gives Fresno First Bank a Texas Ratio of 0.19% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Fresno First Bank decreased dramatically from 9.65% as of June 30, 2013 to 0.19% as of June 30, 2014, resulting in a positive change of 98.06%.This indicates that the balance sheet and financial strength for Fresno First Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Fresno First Bank has increased its total deposits by $29.26 million, resulting in 15.33% 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 Fresno First Bank has shown is excellent.

Capitalization

GRADE:
B+

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. Fresno First Bank has $244.01 million in assets with $26.12 million in equity, resulting in a capitalization level of 10.70%, which is above average.

Institution Statistics

Overall
FDIC Certificate #58090
Year Established2005
Employees36
Primary RegulatorFDIC
Assets and Liabilities
Assets$244.01 million
Loans$147.22 million
Deposits$220.16 million
Equity Capital$23.22 million
Loan Loss Allowance$2.90 million
Unbacked Noncurrent Loans$49,000
Real Estate Owned$0
Historic Data - June 2013
Assets$212.50 million
Equity Capital$21.05 million
Loan Loss Allowance$2.50 million
Unbacked Noncurrent Loans$49,000
Real Estate Owned$2.22 million
Profit Margin - Quarterly
Return on Assets0.88%
Return on Equity8.99%
Interest Income$4.79 million
Rates

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Locations


Fresno First Bank Locations
Fresno First Bank7690 N. Palm Avenue, Ste. 101Fresno, CA 93711