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This institution is no longer active

Operations ceased on July 21, 2021. CRA examination history below reflects the period it was active.

FIRST CHOICE BANK

CERRITOS, CA · Supervised by FDIC

Est. 2005FDIC #57,966RSSD: FDIC-57966
Satisfactory

Current rating · Exam: June 2016

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Institution Profile

FDIC BankFind

Address

17785 Center Court Dr N, CERRITOS, CA

County

Los Angeles County

Established

August 18, 2005

Total Assets

$2.4B(latest call report)

Financial Snapshot

As of Q2 2021Call Report / FDIC

Total Assets

$2.4B

Total Deposits

$1.9B

Net Loans

$1.9B

Net Income

$20M

ROA

1.69%

ROE

14.17%

Risk-Based Capital

0.00%

Total Assets — Last 8 Quarters

Total AssetsROA

Current Examination

CRA / FFIEC

Overall Rating

Satisfactory

Exam Date

June 1, 2016

Exam Type

Intermediate Small Bank

Regulator

FDIC

Rating History

CRA / FFIEC

2 previous ratings locked — dating back to 2008

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Rating Over Time

🔒 Locked
OutstandingSatisfactoryNeeds to ImproveSubst. Noncompliance
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