First Credit Bank
Los Angeles, California, Los Angeles County
$516M in total assets, the 1,780th largest of 4,309 US banks and 83rd of 120 headquartered in California.
- FDIC certificate
- 24332
- Established
- 1983
- Owned by
- No holding company
- Primary regulator
- FDIC
At a glance
Compared with 53 banks headquartered in California with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $516M | 62% | $394M | |
| Loans | $409M | 72% | $287M | |
| Deposits | $265M | 42% | $317M | |
| Return on assets | 5.64% | 98% | 0.84% | |
| Net interest margin | 6.65% | 98% | 3.89% | |
| Efficiency ratio | 24.2% | 2% | 69.1% | |
| Equity to assets | 46.79% | 96% | 12.34% | |
| Loans to deposits | 154% | 98% | 95% |
Growth
Total assets grew 3.2% a year over the last 5 years and 0.7% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 1983 | The Commercial Bank of California Los Angeles, CA | n/a |
| Feb 1983 | Merchants and Farmers State Bank Blythe, CA | n/a |
Where they operate
1 branch in 1 county.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Los Angeles County, CA | $265M | 0.1% | 67 of 91 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net loss of 1 branch since 2016 (2 to 1, −50.0%). 1 opened, 0 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 2 | |||
| 2017 | Opened Newport BeachClosed Irvine | 1 | 1 | 0 | 2 |
| 2019 | Closed Newport Beach | 0 | 1 | −1 | 1 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 66% | 49% | |
| Construction and land | 22% | 5% | |
| 1-4 family residential | 10% | 14% | |
| Farmland | 1% | 1% | |
| Business (C&I) | 1% | 10% | |
| Multifamily | 0% | 14% | |
| Consumer | 0% | 5% | |
| Other | 0% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 61% | 42% | |
| Other interest-bearing | 31% | 37% | |
| Noninterest-bearing | 8% | 21% |
Brokered deposits are 39.2% of deposits (peers 8.4%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 3.33% | 0.16% |
| Net charge-offs, annualized | 0.00% | 0.00% |
| Reserves to loans | 2.47% | 1.38% |
| Leverage ratio | 47.61% | 13.03% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in California
Largest competitors in Los Angeles County, CA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/first-credit