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626-773-8888
8400 East Valley Boulevard
Rosemead, CA 91770

Pacific Alliance Bank is headquartered in Rosemead and is the 163rd largest bank in the state of California. It is also the 3,632nd largest bank in the nation. It was established in 2006 and as of December of 2013, it had grown to 23 employees at 1 location. Pacific Alliance Bank has a B health rating.

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Reviews (1)

Quite Decent Local Bank

I found Pacific Alliance a couple of years ago, when chasing CD interest rates. They had a 1.68% APY 2-year CD rate at the time, a special deal. I’d had my CD all over the U.S. at banks i’d never seen; it was a coincidence that Pacific Alliance was near me (easy drive or long bicycle ride).

A few months after setting up the CD, i moved my local “brick and mortar” checking account from Chase to Pacific Alliance. I’m quite happy and have no regrets. Sure, it’s a bit less convenient to bicycle many miles to their one branch vs. going to one of Chase’s bazillion branches, but it’s worth it to be out of a too-big-to-fail megabank. Pacific Alliance provides friendly, traditional bank services. It is the kind of place where they remember your name.

I’m a paper check kinda guy (for local banking, at least), so i do not have experience with Pacific Alliance’s online interface.

The great CD rate expired and they couldn’t come close to matching some of the better (as in: least worst) rates out there when i asked, so that’s done, but i plan to keep my free (local) checking with them. I definitely recommend locals consider Pacific Alliance, and personally i’d trust them as an “away” customer if in the future they offer any good deals.



Health

Data for Q4 2013

Institution Health

B

Texas Ratio

GRADE:
C+

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, 2013 Pacific Alliance Bank had $4.97 million in non-current loans and owned real-estate with $19.22 million in equity and loan loss allowances on hand to cover it. This gives Pacific Alliance Bank a Texas Ratio of 25.86% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Pacific Alliance Bank increased slightly from 18.10% as of December 31, 2012 to 25.86% as of December 31, 2013, resulting in a negative change of 42.85%. This indicates that the balance sheet and financial strength for Pacific Alliance Bank has declined slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Pacific Alliance Bank has increased its total deposits by $21.04 million, resulting in 18.6% 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 Pacific Alliance 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. Pacific Alliance Bank has $155.36 million in assets with $19.22 million in equity, resulting in a capitalization level of 12.37%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58234
Year Established2006
Employees23
Primary RegulatorFDIC
Assets and Liabilities
Assets$155.36 million
Loans$116.79 million
Deposits$134.18 million
Equity Capital$16.53 million
Loan Loss Allowance$2.69 million
Unbacked Noncurrent Loans$4.97 million
Real Estate Owned$0
Historic Data - December 2012
Assets$133.49 million
Equity Capital$15.68 million
Loan Loss Allowance$2.44 million
Unbacked Noncurrent Loans$4.97 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.35%
Return on Assets0.79%
Return on Equity6.65%
Interest Income$5.25 million
Rates

Sorry, we do not have rate data for Pacific Alliance Bank

Locations


Pacific Alliance Bank Locations
Pacific Alliance Bank8400 East Valley BoulevardRosemead, CA 91770