Fresno First Bank in Fresno, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Fresno First Bank in Fresno, California (CA)
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Fresno First Bank - Overview

  • General
  • FDIC Certificate #: 58090
    Status: Active
    Federal Reserve ID: 3398623
    Date Established: December 23, 2005
    WWW: http://www.fresnofirstbank.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 #: 439445
    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: December 23, 2005
    Last Structure Change Effective Date: November 02, 2009
    Last Structure Change Process Date: November 02, 2009
    Last Data Update: November 02, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 7690 N. Palm Avenue, Ste. 101, Fresno, CA 93711
    County: Fresno
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: Sacramento
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): Fresno, CA (#2840)
    Combined Statistical Area (CSA): Fresno-Madera, CA (#260)
    Core Based Statistical Area (CBSA): Fresno, CA (#23420)
    CBSA Metro Statistical Area: Fresno, CA (#23420)
  • Financial Summary
  • Total assets: $177.7 mil
    Equity capital: $18.2 mil
    Deposits held in domestic offices: $158.5 mil
    Return on assets (ROA): 1.22% ($2.2 mil)
    Quarterly return on assets: 1.06% ($1.9 mil)
    Return on Equity (ROE): 11.05% ($2.0 mil)
    Quarterly return on equity: 10.06% ($1.8 mil)
    Net income: $1.9 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.00% ($1,777.3 mil)
    Quarterly Pretax return on assets: 0.93% ($1,652.9 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
  • 28Total employees (full-time equivalent)
  • $177,726Total assets
  • $19,664Cash and due from depository institutions
  • $9,098Interest-bearing balances
  • $56,409Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $97,349Net loans & leases
  • $2,793Loan loss allowance
  • $0Trading account assets
  • $609Bank premises and fixed assets
  • $0Other real estate owned
  • $50Goodwill and other intangibles
  • $177,726Life insurance assets
  • $3,645All other assets
  • $159,505Total liabilities and capital
  • $158,509Total liabilities
  • $110,619Total deposits
  • $158,509Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $996Subordinated debt
  • $18,221All other liabilities
  • $18,221Total equity capital
  • $18,221Total bank equity capital
  • $2,063Perpetual preferred stock
  • $17,600Common stock
  • $1,564Surplus
  • $-3,006Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $885Income earned, not collected on loans
  • $0Earning assets
  • $724Long-term assets (5+ years)
  • $162,856Average Assets, year-to-date
  • $57,866Average Assets, quarterly
  • $157,330Volatile liabilities
  • $170,767Insider loans
  • $96,188FHLB advances
  • $172,722Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $17,574Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $21,380Restructured Loans and leases
  • $1,479Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,385Total interest income
  • $718Total interest expense
  • $6,667Net interest income
  • $500Provision for loan and lease losses
  • $788Total noninterest income
  • $0Fiduciary activities
  • $257Service charges on deposit accounts
  • $0Trading account gains & fees
  • $531Additional noninterest income
  • $5,383Total noninterest expense
  • $2,938Salaries and employee benefits
  • $557Premises and equipment expense
  • $1,888Additional noninterest expense
  • $1,572Pre-tax net operating income
  • $0Securities gains (losses)
  • -$344Applicable income taxes
  • $1,916Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,916Net income attributable to bank
  • $0Net charge-offs
  • $1,916Cash dividends
  • $86Sale, conversion, retirement of capital stock, net
  • $108Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.98%Yield on earning assets
  • 0.48%Cost of funding earning assets
  • 4.50%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 3.63%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.22%Return on assets (ROA)
  • 1.00%Pretax return on assets
  • 11.05%Return on equity (ROE)
  • 10.43%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 581.40%Credit loss provision to net charge-offs
  • 24.09%Efficiency ratio
  • 72,207Assets per employee
  • 6.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 5.64%Loss allowance to loans
  • 2.79%Loss allowance to noncurrent loans
  • 315.59%Noncurrent assets plus other real estate owned to assets
  • 0.50%Noncurrent loans to loans
  • 0.88%Net loans and leases to deposits
  • 61.42%Net loans and leases to core deposits
  • 73.75%Equity capital to assets
  • 10.25%Core capital (leverage) ratio
  • 10.17%Tier 1 risk-based capital ratio
  • 18.27%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $157,330Average earning assets
  • $17,332Average equity
  • $148,259Average loans

List of branches

  • 1 California Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0439445Fresno First Bank7690 N. Palm Avenue, Ste. 101, Fresno, CA 93711December 23, 2005Full Service Brick and Mortar

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