Open Bank
Los Angeles, CA
IDRSSD: 3357219
Total Assets
$2.61B
Latest filing
Total Deposits
$2.28B
Latest filing
Net Interest Margin
3.31%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Open Bank
1000 Wilshire Blvd
Los Angeles, CA 90017
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/10/2005FDIC Certificate 432260
Branches (16)
Page 1 of 3| Name | Address | City / State |
|---|---|---|
| Open Bank (Main) | 1000 Wilshire Blvd | Los Angeles, CA |
| AROMA BRANCH | 3680 Wilshire Blvd | Los Angeles, CA |
| BUENA PARK BRANCH | 5141 Beach Blvd | Buena Park, CA |
| GARDENA BRANCH | 15435 S Western Ave | Gardena, CA |
| FASHION DISTRICT BRANCH | 747 E. 10th Street, #310 & 311 | Los Angeles, CA |
| OLYMPIC BRANCH | 3030 W Olympic Blvd | Los Angeles, CA |
| WESTERN BRANCH | 550 S Western Ave | Los Angeles, CA |
| SANTA CLARA BRANCH | 2998 El Camino Real | Santa Clara, CA |
Showing 7 of 16
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
PCB Bank
Los Angeles, California
→
Assets: $3.30BΔ +28.9%
Commonwealth Business Bank
Los Angeles, California
→
Assets: $1.81BΔ -29.2%
The Bank of New York Mellon Trust Company, National Association
Los Angeles, California
→
Assets: $1.33BΔ -48.3%
State Bank of India (California)
Los Angeles, California
→
Assets: $1.30BΔ -49.1%
Royal Business Bank
Los Angeles, California
→
Assets: $4.08BΔ +59.3%
American Business Bank
Los Angeles, California
→
Assets: $4.30BΔ +67.7%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 06/10/2005 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 90017 |
| State and County Number | 06037 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Los Angeles-Long Beach-Anaheim, CA |
Operational Info
| Number of Employees | 237 |
| Domestic Offices | 16 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/18/2023 |
| Date of Deposit Insurance | 06/10/2005 |
| Primary Insurance Agency | DIF |
| Website | www.myopenbank.com |
| Data Updated | 11/14/2025 |
| CERT | 57944 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $2.61B |
| Total Deposits | $2.28B |
| Total Liabilities | $2.40B |
| Total Equity Capital | $219.41M |
| Net Income | $6.87M |
| Net Loans and Leases | $2.13B |
| Assets Per Employee ($Millions) | $10.46M |
| Bank Premises and Fixed Assets | $15.11M |
| Cash and Balances due from Depository Institutions | $166.85M |
| Deposits Held in Domestic Offices | $2.28B |
Key Performance Ratios
| Return on Assets (ROA) | 1.06% |
| Return on Equity (ROE) | 12.76% |
| Net Interest Margin | 3.31% |
| Efficiency Ratio | 54.81% |
| Tier 1 Risk-Based Capital Ratio | 10.814% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.18% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.392% |
| Earning Assets to total Assets | 95.27% |
Income and Expense
| Total Interest Income | $38.52M |
| Total Noninterest Income | $4.09M |
| Total Interest Expense | $18.18M |
| Total Noninterest Expense | $13.39M |
| Net Interest Income | $20.35M |
| Pre-tax Net Operating Income | $9.87M |
| Provision for Credit Losses | $1.18M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $846.00k |
| Other borrowed funds | $75.00M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $44.45M |
| Total Liabilities and Capital | $2.61B |
Securities
| Securities | $204.47M |
| Available-for-sale debt securities | $200.76M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Open Bank?
$2.61B as of the latest filing.
How much are Open Bank's total deposits?
$2.28B in total deposits.
Where is Open Bank located?
Los Angeles, CA.
What is the Net Interest Margin?
3.31%.
How many domestic offices does it operate?
16.
When was it established?
06/10/2005.
What is the Return on Assets (ROA)?
1.06%.
How much are total loans and leases?
$2.13B (latest filing).
What is the total interest income (latest filing)?
$38.52M.