Focus Business Bank in San Jose, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Focus Business Bank in San Jose, California (CA)
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Focus Business Bank - Overview

  • General
  • FDIC Certificate #: 58474
    Status: Active
    Federal Reserve ID: 3550579
    Date Established: January 16, 2007
    WWW: http://www.focusbusinessbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 453012
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 16, 2007
    Last Structure Change Effective Date: January 17, 2007
    Last Structure Change Process Date: January 17, 2007
    Last Data Update: January 17, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 Almaden Boulevard, Suite 150, San Jose, CA 95113
    County: Santa Clara
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Jose, CA (#7400)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Jose-Sunnyvale-Santa Clara, CA (#41940)
    CBSA Metro Statistical Area: San Jose-Sunnyvale-Santa Clara, CA (#41940)
  • History of Changes
  • Change in Geographic Region/Area/Territory/Field Office
  • Financial Summary
  • Total assets: $168.5 mil
    Equity capital: $22.6 mil
    Deposits held in domestic offices: $145.2 mil
    Return on assets (ROA): 0.41% ($0.7 mil)
    Quarterly return on assets: 0.60% ($1.0 mil)
    Return on Equity (ROE): 2.73% ($0.6 mil)
    Quarterly return on equity: 4.25% ($1.0 mil)
    Net income: $0.6 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.45% ($758.4 mil)
    Quarterly Pretax return on assets: 0.58% ($977.4 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)

  • Dollar figures in thousands
  • 24Total employees (full-time equivalent)
  • $168,524Total assets
  • $45,215Cash and due from depository institutions
  • $40,906Interest-bearing balances
  • $26,205Securities
  • $505Federal funds sold & reverse repurchase agreements
  • $94,897Net loans & leases
  • $2,541Loan loss allowance
  • $0Trading account assets
  • $205Bank premises and fixed assets
  • $0Other real estate owned
  • $379Goodwill and other intangibles
  • $168,524Life insurance assets
  • $1,118All other assets
  • $145,898Total liabilities and capital
  • $145,182Total liabilities
  • $81,986Total deposits
  • $145,182Interest-bearing deposits
  • $84Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $716Subordinated debt
  • $22,626All other liabilities
  • $22,626Total equity capital
  • $22,626Total bank equity capital
  • $0Perpetual preferred stock
  • $27,466Common stock
  • $2,307Surplus
  • $-7,147Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,044Income earned, not collected on loans
  • $0Earning assets
  • $413Long-term assets (5+ years)
  • $162,513Average Assets, year-to-date
  • $44,807Average Assets, quarterly
  • $146,468Volatile liabilities
  • $160,643Insider loans
  • $113,148FHLB advances
  • $159,534Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,044Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $31,105Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,275Total interest income
  • $428Total interest expense
  • $4,847Net interest income
  • $0Provision for loan and lease losses
  • $928Total noninterest income
  • $0Fiduciary activities
  • $96Service charges on deposit accounts
  • $0Trading account gains & fees
  • $832Additional noninterest income
  • $5,211Total noninterest expense
  • $2,763Salaries and employee benefits
  • $574Premises and equipment expense
  • $1,874Additional noninterest expense
  • $564Pre-tax net operating income
  • $99Securities gains (losses)
  • $62Applicable income taxes
  • $601Income before extraordinary items
  • $0Extraordinary gains - net
  • $601Net income attributable to bank
  • $0Net charge-offs
  • $601Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.73%Yield on earning assets
  • 0.30%Cost of funding earning assets
  • 3.43%Net interest margin
  • 0.66%Noninterest income to earning assets
  • 3.69%Noninterest expense to earning assets
  • 0.35%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.45%Pretax return on assets
  • 2.73%Return on equity (ROE)
  • 2.73%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 90,234Assets per employee
  • 7.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.61%Loss allowance to noncurrent loans
  • 243.39%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 1.07%Net loans and leases to deposits
  • 65.36%Net loans and leases to core deposits
  • 68.98%Equity capital to assets
  • 13.43%Core capital (leverage) ratio
  • 13.82%Tier 1 risk-based capital ratio
  • 19.48%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $146,468Average earning assets
  • $22,049Average equity
  • $141,404Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0453012Focus Business Bank10 Almaden Boulevard, Suite 150, San Jose, CA 95113January 16, 2007Full Service Brick and Mortar

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