Open Bank
Overview / Commentary
Open Bank is headquartered in Los Angeles and is the 67th largest bank in the state of California. It is also the 941st largest bank in the nation. It was established in 2005 and as of March of 2017, it had grown to 129 employees at 7 locations. Open Bank has an A+ health rating.
Health
A+
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 57944 |
| Year Established | 2005 |
| Employees | 129 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 10.43% |
| Annual Interest Income | $9.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $800.1MM$654.3MM |
| Loans | Q1 2017vs Q1 2016 | $674.5MM$527.9MM |
| Deposits | Q1 2017vs Q1 2016 | $711.0MM$555.3MM |
| Equity Capital | Q1 2017vs Q1 2016 | $83.7MM$74.2MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $8.4MM$6.6MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $0$0 |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for Open Bank.
Locations
| Open Bank Locations | ||
|---|---|---|
| Open Bank | 1000 Wilshire Boulevard, Suite 100 | Los Angeles, CA 90017 |
| Gardena Branch | 15435 S. Western Avenue, #d | Gardena, CA 90249 |
| Buena Park (Fullerton) Branch | 5141 Beach Blvd., Units E & F, Building 2 | Buena Park, CA 90621 |
| Aroma Center Bank | 3680 Wilshire Blvd., Suite 101 | Los Angeles, CA 90010 |
| Fashion District Branch | 747 E. 10th Street, #310 & 311 | Los Angeles, CA 90021 |
| Olympic Branch | 3030 W. Olympic Blvd, Suite 101 | Los Angeles, CA 90006 |
| Western Branch | 550 South Western Avenue | Los Angeles, CA 90020 |