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Overview / Commentary
213-892-9999
1000 Wilshire Blvd, Suite 500
Los Angeles, CA 90017

Open Bank is headquartered in Los Angeles and is the 73rd largest bank in the state of California. It is also the 1,014th largest bank in the nation. It was established in 2005 and as of September of 2016, it had grown to 127 employees at 7 locations. Open Bank has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #57944
Year Established2005
Employees127
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.05%
Return on Equity - YTD9.27%
Annual Interest Income$22.9MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$721.6MM$606.2MM
LoansQ3 2016vs Q3 2015$621.8MM$500.2MM
DepositsQ3 2016vs Q3 2015$626.9MM$509.7MM
Equity CapitalQ3 2016vs Q3 2015$78.7MM$70.8MM
Loan Loss AllowanceQ3 2016vs Q3 2015$7.6MM$6.4MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$290.00K$394.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates

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Locations


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