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Overview / Commentary
16011 E. Whittier Boulevard
Whittier, CA 90603

Friendly Hills Bank is headquartered in Whittier and is the 189th largest bank in the state of California. It is also the 4,452nd largest bank in the nation. It was established in 2006 and as of June of 2014, it had grown to 23 employees at 2 locations. Friendly Hills 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 Friendly Hills Bank had $607,000 in non-current loans and owned real-estate with $14.69 million in equity and loan loss allowances on hand to cover it. This gives Friendly Hills Bank a Texas Ratio of 4.13% 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 Friendly Hills Bank decreased dramatically from 15.83% as of June 30, 2013 to 4.13% as of June 30, 2014, resulting in a positive change of 73.90%.This indicates that the balance sheet and financial strength for Friendly Hills Bank has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Friendly Hills Bank has increased its total deposits by $9.76 million, resulting in 12.51% 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 Friendly Hills Bank has shown is excellent.

Capitalization

GRADE:
A+

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. Friendly Hills Bank has $109.97 million in assets with $14.69 million in equity, resulting in a capitalization level of 13.36%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58218
Year Established2006
Employees23
Primary RegulatorFDIC
Assets and Liabilities
Assets$109.97 million
Loans$55.23 million
Deposits$87.75 million
Equity Capital$13.10 million
Loan Loss Allowance$1.59 million
Unbacked Noncurrent Loans$364,000
Real Estate Owned$243,000
Historic Data - June 2013
Assets$99.69 million
Equity Capital$12.63 million
Loan Loss Allowance$1.35 million
Unbacked Noncurrent Loans$364,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.49%
Return on Equity4.18%
Interest Income$2.08 million
Rates

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Locations


Friendly Hills Bank Locations
Sfs Branch12070 Telegraph Road Suite 100Santa Fe Springs, CA 90670
Friendly Hills Bank16011 E. Whittier BoulevardWhittier, CA 90603