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Overview / Commentary
1000 Wilshire Blvd, Suite 500
Los Angeles, CA 90017

Open Bank is headquartered in Los Angeles and is the 74th largest bank in the state of California. It is also the 1,063rd largest bank in the nation. It was established in 2005 and as of June of 2016, it had grown to 126 employees at 7 locations. Open Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #57944
Year Established2005
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.98%
Return on Equity - YTD8.53%
Annual Interest Income$14.7MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$673.3MM$564.8MM
LoansQ2 2016vs Q2 2015$579.5MM$459.9MM
DepositsQ2 2016vs Q2 2015$581.7MM$480.7MM
Equity CapitalQ2 2016vs Q2 2015$76.5MM$69.1MM
Loan Loss AllowanceQ2 2016vs Q2 2015$7.1MM$5.9MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$0$428.00K
Real Estate OwnedQ2 2016vs Q2 2015$0$0

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Open Bank Locations
Open Bank1000 Wilshire Boulevard, Suite 100Los Angeles, CA 90017
Gardena Branch15435 S. Western Avenue, #dGardena, CA 90249
Buena Park (Fullerton) Branch5141 Beach Blvd., Units E & F, Building 2Buena Park, CA 90621
Aroma Center Bank3680 Wilshire Blvd., Suite 101Los Angeles, CA 90010
Fashion District Branch747 E. 10th Street, #310 & 311Los Angeles, CA 90021
Olympic Branch3030 W. Olympic Blvd, Suite 101Los Angeles, CA 90006
Western Branch550 South Western AvenueLos Angeles, CA 90020