1st Capital Bank

Headquarters

150 Main Street, Suite 150, Salinas, Monterey County, Ca 93901
Salinas, CA 93901
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.03% 1.40% →
1-Year CD 0.10% 1.15% →
2-Year CD 0.10% 1.26% →
5-Year CD 0.10% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Bank Information

1st Capital Bank is an FDIC insured institution located in Salinas, CA. It was founded in 2007 and has approximately $0.65 billion in assets. Customers can open an account at one of its 6 branches.

FDIC Insured Yes
FDIC Certificate # 58485
Date Established 2007
Assets $ 645.76 million
Loans $ 523.06 million
Deposits $ 571.98 million
Capital $ 68.82 million
 

For a more detailed analysis of 1st Capital Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - July 12, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.03% $2,500 $9,999 Learn More
Money Market
0.05% $1 $9,999 Learn More
Money Market
0.05% $10,000 $49,999 Learn More
Premium Money Market Account
0.05% $1 $99,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.05% $10,000 $49,999 Learn More
3 Mo CD
0.10% $100,000 - Learn More
6 Mo CD
0.05% $10,000 $49,999 Learn More
6 Mo CD
0.10% $100,000 - Learn More
12 Mo CD
0.05% $10,000 $49,999 Learn More
12 Mo CD
0.10% $100,000 - Learn More
24 Mo CD
0.05% $10,000 $49,999 Learn More
24 Mo CD
0.10% $100,000 - Learn More
30 Mo CD
0.05% $10,000 $49,999 Learn More
30 Mo CD
0.10% $100,000 - Learn More
36 Mo CD
0.05% $10,000 $49,999 Learn More
36 Mo CD
0.10% $100,000 - Learn More
48 Mo CD
0.05% $10,000 $49,999 Learn More
48 Mo CD
0.10% $100,000 - Learn More
60 Mo CD
0.05% $10,000 $49,999 Learn More
60 Mo CD
0.10% $100,000 - Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.20% $200 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.02% $1 $2,499 Learn MoreShow Less
Int Ckg
0.02% $2,500 $9,999 Learn MoreShow Less

Loan Rates - July 12, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 1st Capital Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.620% 3.500% 1.00 $3,750 $1,123 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.950% 2.875% 1.00 $2,438 $1,038 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to 1st Capital Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

1st Capital Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


1st Capital Bank Locations


Financial Details

1st Capital Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Capital Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
1st Capital Bank U.S. Bank Average
0.65% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, 1st Capital Bank had $492,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $68,815,000 in equity and $7,431,000 in loans loss reserves. That gives it a Texas Ratio of 0.65%.

Return on Equity
1st Capital Bank U.S. Bank Average
3.55% 7.80%

1st Capital Bank has a Return on Equity of 3.55% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
1st Capital Bank U.S. Bank Average
10.66% 12.68%

1st Capital Bank has a Capitalization of 10.66% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

1st Capital Bank Balance Sheet Analysis

As of March 31, 2020, 1st Capital Bank had assets of $645,760,000, loans of $523,056,000, and deposits of $571,984,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 36.65 million
Interest-bearing balances $ 19.18 million
Total securities $ 63.73 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 523.06 million
Loan loss allowance $ 7.43 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.04 million
All other assets $ 17.57 million
     Total Assets $ 576.95 million
LIABILITIES
Total deposits $ 571.98 million
      Interest-bearing deposits $ 319.22 million
      Deposits held in domestic offices $ 571.98 million
      % insured (estimated) 49.32%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 2.68 million
Subordinated debt N.A.
All other liabilities $ 2.28 million
      Total Liabilities $ 576.95 million
      Shareholders’ Equity $ 68.82 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 6.19 million
Total Interest Expense $ 0.32 million
Net interest income $ 5.87 million
Provision for loan and lease losses $ 0.83 million
Total non interest income $ 0.29 million
Total non interest expense $ 4.50 million
Pre-tax Net Operating Income $ 0.83 million

Bank Loan Profile?

The top three loan types in 1st Capital Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Multifamily Mortgages.

Compared to other banks, 1st Capital Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.47
Multifamily
Mortgages
11.07
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 1.78
Commercial Real Estate 46.79
Commercial and Industrial Loans 9.65
Farm Loans 1.41

Frequently Asked Questions About 1st Capital Bank

Branches and Savings

Is 1st Capital Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58485.

Why does 1st Capital Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 1st Capital Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 1st Capital Bank a commercial bank?

Yes

Where are 1st Capital Bank locations?

See branch locations nearby.

Is 1st Capital Bank open on Saturdays?

Is 1st Capital Bank open on Sundays?

What time does 1st Capital Bank open?

What time does 1st Capital Bank close?

Are 1st Capital Bank ATMs Open 24/7?

Do 1st Capital Bank ATMs accept cash deposits?

Can 1st Capital Bank customers use other ATMs?

Do 1st Capital Bank branches have notaries?

Will 1st Capital Bank notarize my document?

What address for 1st Capital Bank should I put for incoming ACH transfers?

Will the 1st Capital Bank branch print checks?

Do 1st Capital Bank checks expire?

Does 1st Capital Bank require US citizenship to open account?

Can 1st Capital Bank close my account?

Does 1st Capital Bank Report to credit bureaus?

Does 1st Capital Bank Use Equifax?

What is 1st Capital Bank's ACH Routing Number?

What is 1st Capital Bank's SWIFT code?

Products

Does 1st Capital Bank offer mortgages?

Compare mortgage rates here.

Does 1st Capital Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Capital Bank offer personal loans?

Compare personal loan rates here.

Does 1st Capital Bank offer student loans?

Will 1st Capital Bank cash a check?

Will 1st Capital Bank redeem a savings bond?

Does 1st Capital Bank cash savings bonds?

Will 1st Capital Bank cash money orders?

Can 1st Capital Bank issue a money order?

Does 1st Capital Bank do currency exchange?

Background on The Bank

Who owns 1st Capital Bank?

How long has 1st Capital Bank been around?

Can 1st Capital Bank transfer to other banks?

Does 1st Capital Bank have quick pay?

Does 1st Capital Bank accept rolled coins?

Will 1st Capital Bank accept loose change?

Where is 1st Capital Bank headquarters?

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