City First Bank, National Association
Washington, District of Columbia, District Of Columbia County
$1.6B in total assets, the 738th largest of 4,309 US banks and 1st of 4 headquartered in District of Columbia.
- FDIC certificate
- 34352
- Established
- 1998
- Owned by
- City First Enterprises Inc
- Primary regulator
- OCC
- Website
- www.cityfirstbank.com
At a glance
Compared with 901 US banks with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.6B | 36% | $2.0B | |
| Loans | $1.1B | 39% | $1.4B | |
| Deposits | $1.2B | 29% | $1.7B | |
| Return on assets | -1.46% | 2% | 1.23% | |
| Net interest margin | 2.67% | 6% | 3.71% | |
| Efficiency ratio | 74.8% | 87% | 59.1% | |
| Equity to assets | 12.06% | 76% | 10.38% | |
| Loans to deposits | 96% | 74% | 88% |
Growth
Total assets grew 8.5% a year over the last 5 years and 21.0% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Apr 2021 | Broadway Federal Bank, f.s.b. Los Angeles, CA | $476M |
Where they operate
3 branches in 2 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| District Of Columbia County, DC | $939M | 1.7% | 14 of 34 |
| Los Angeles County, CA | $244M | 0.0% | 71 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 gain of 2 branches since 2016 (1 to 3, +200.0%). 0 opened, 2 acquired, 0 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 1 | |||
| 2021 | Acquired Broadway Federal Bank, f.s.b. | 2 | 0 | +2 | 3 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Multifamily | 50% | 8% | |
| Business (C&I) | 23% | 14% | |
| Commercial real estate | 17% | 32% | |
| Construction and land | 8% | 8% | |
| 1-4 family residential | 2% | 25% | |
| Consumer | 0% | 4% | |
| Farmland | 0% | 3% | |
| Agricultural | 0% | 2% | |
| Other | 0% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 61% | 52% | |
| Time deposits | 30% | 27% | |
| Noninterest-bearing | 9% | 21% |
Brokered deposits are 15.8% of deposits (peers 6.1%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.98% | 0.51% |
| Net charge-offs, annualized | 0.06% | 0.04% |
| Reserves to loans | 0.95% | 1.15% |
| Leverage ratio | 13.20% | 10.52% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in District of Columbia
Largest competitors in District Of Columbia County, DC
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/city-first