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Overview / Commentary
700 South Flower Street, Suite 2000
Los Angeles, CA 90017

Premier Business Bank is headquartered in Los Angeles and is the 151st largest bank in the state of California. It is also the 3,264th largest bank in the nation. It was established in 2006 and as of March of 2014, it had grown to 24 employees at 1 location. Premier Business Bank has a A+ health rating.

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Health

Data for Q1 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 March 31, 2014 Premier Business Bank had $0 in non-current loans and owned real-estate with $21.9 million in equity and loan loss allowances on hand to cover it. This gives Premier Business Bank a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth

GRADE:
A+

In the past year, Premier Business Bank has increased its total deposits by $47.1 million, resulting in 50.15% 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 Premier Business 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. Premier Business Bank has $180.97 million in assets with $21.9 million in equity, resulting in a capitalization level of 12.10%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58261
Year Established2006
Employees24
Primary RegulatorFDIC
Assets and Liabilities
Assets$180.97 million
Loans$132.20 million
Deposits$141.01 million
Equity Capital$20.19 million
Loan Loss Allowance$1.72 million
Real Estate Owned$0
Historic Data - March 2013
Assets$115.49 million
Equity Capital$16.10 million
Loan Loss Allowance$1.72 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin3.27%
Return on Assets0.23%
Return on Equity2.07%
Interest Income$1.67 million
Rates

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Locations


Premier Business Bank Locations
Premier Business Bank700 South Flower Street, Suite 2000Los Angeles, CA 90017