First Commerce Bank

Headquarters

16861 Ventura Boulevard, Suite 100
Encino, CA 91436
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.85% →
1-Year CD N.A. 0.80% →
2-Year CD N.A. 0.80% →
5-Year CD N.A. 1.15% →
30-Year Mortgage N.A. 2.72% →
15-Year Mortgage N.A. 2.36% →
HELOC N.A. 2.79% →

2021 Overview

General Bank Information

First Commerce Bank is an FDIC insured institution located in Encino, CA. It was founded in 1983 and has approximately $0.36 billion in assets.

FDIC Insured Yes
FDIC Certificate # 32193
Date Established 1983
Assets $ 357.51 million
Loans $ 225.78 million
Deposits $ 317.40 million
Capital $ 38.03 million
 

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

Deposit Rates - September 23, 2021

Your Current Location: California, CA 92111

 

Loan Rates - September 23, 2021

Your Current Location: California, CA 92111

There are currently no loan rates available for First Commerce Bank

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




Featured - California 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.359% 3.250%
0.88 points
$3,438 fees
$1,089 Learn More

Featured - California Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.790 %
After Intro: 4.840 %
Intro Period: 6 months
$0 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info

Note to First Commerce Bank
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Branches

First Commerce 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:
San Diego,California


First Commerce Bank Locations


Financial Details

First Commerce Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Commerce 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
First Commerce Bank U.S. Bank Average
9.6% 5.29%

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, 2021, First Commerce Bank had $4,441,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $38,028,000 in equity and $8,238,000 in loans loss reserves. That gives it a Texas Ratio of 9.6%.

Return on Equity
First Commerce Bank U.S. Bank Average
6.96% 11.43%

First Commerce Bank has a Return on Equity of 6.96% versus the BestCashCow average of 11.43%. 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
First Commerce Bank U.S. Bank Average
10.64% 11.51%

First Commerce Bank has a Capitalization of 10.64% versus the BestCashCow average of 11.51. 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.

First Commerce Bank Balance Sheet Analysis

As of November 30, -0001, First Commerce Bank had assets of $357,512,000, loans of $225,782,000, and deposits of $317,400,000. 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, 2021
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 225.78 million
Loan loss allowance $ 8.24 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 317.40 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 357.51 million

Summary Income Statement

March 31, 2021
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in First Commerce Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, First Commerce 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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About First Commerce Bank

Branches and Savings

Is First Commerce Bank FDIC insured?

Yes. It is covered under FDIC Certificate #32193.

Why does First Commerce Bank pay such low interest on savings accounts?

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

Why are First Commerce Bank CD rates not competitive?

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

Is First Commerce Bank a commercial bank?

Yes

Where are First Commerce Bank locations?

See branch locations nearby.

Is First Commerce Bank open on Saturdays?

Is First Commerce Bank open on Sundays?

What time does First Commerce Bank open?

What time does First Commerce Bank close?

Are First Commerce Bank ATMs Open 24/7?

Do First Commerce Bank ATMs accept cash deposits?

Can First Commerce Bank customers use other ATMs?

Do First Commerce Bank branches have notaries?

Will First Commerce Bank notarize my document?

What address for First Commerce Bank should I put for incoming ACH transfers?

Will the First Commerce Bank branch print checks?

Do First Commerce Bank checks expire?

Does First Commerce Bank require US citizenship to open account?

Can First Commerce Bank close my account?

Does First Commerce Bank Report to credit bureaus?

Does First Commerce Bank Use Equifax?

What is First Commerce Bank's ACH Routing Number?

What is First Commerce Bank's SWIFT code?

Products

Does First Commerce Bank offer mortgages?

Compare mortgage rates here.

Does First Commerce Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does First Commerce Bank offer personal loans?

Compare personal loan rates here.

Does First Commerce Bank offer student loans?

Will First Commerce Bank cash a check?

Will First Commerce Bank redeem a savings bond?

Does First Commerce Bank cash savings bonds?

Will First Commerce Bank cash money orders?

Can First Commerce Bank issue a money order?

Does First Commerce Bank do currency exchange?

Background on The Bank

Who owns First Commerce Bank?

How long has First Commerce Bank been around?

Can First Commerce Bank transfer to other banks?

Does First Commerce Bank have quick pay?

Does First Commerce Bank accept rolled coins?

Will First Commerce Bank accept loose change?

Where is First Commerce Bank headquarters?

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