First Security Business Bank

Headquarters

803 East Katella Avenue
Orange, CA 92867
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

First Security Business Bank is an FDIC insured institution located in Orange, CA. It was founded in 1988 and has approximately $0.06 billion in assets.

FDIC Insured Yes
FDIC Certificate # 27539
Date Established 1988
Assets $ 61.65 million
Loans $ 53.75 million
Deposits $ 30.57 million
Capital $ 18.25 million
 

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

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for First Security Business 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
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.674% 2.625% 0.63 $1,595 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to First Security Business Bank
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Branches

First Security Business 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


First Security Business Bank Locations


Financial Details

First Security Business Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of First Security Business 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 Security Business Bank U.S. Bank Average
8.83% 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, First Security Business Bank had $1,933,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $18,252,000 in equity and $3,628,000 in loans loss reserves. That gives it a Texas Ratio of 8.83%.

Return on Equity
First Security Business Bank U.S. Bank Average
5.96% 7.80%

First Security Business Bank has a Return on Equity of 5.96% 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
First Security Business Bank U.S. Bank Average
29.61% 12.68%

First Security Business Bank has a Capitalization of 29.61% 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.

First Security Business Bank Balance Sheet Analysis

As of September 30, 2014, First Security Business Bank had assets of $61,645,000, loans of $53,753,000, and deposits of $30,568,000. 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 N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 53.75 million
Loan loss allowance $ 3.63 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 $ 30.57 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 $ 61.65 million

Summary Income Statement

March 31, 2020
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 Security Business Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and Multifamily Mortgages.

Compared to other banks in California, First Security Business Bank has a significantly higher percent of Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

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
13.17
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 54.63
Construction and Development Loans 0.00
Commercial Real Estate 92.84
Commercial and Industrial Loans 0.73
Farm Loans 0.00

Frequently Asked Questions About First Security Business Bank

Branches and Savings

Is First Security Business Bank FDIC insured?

Yes. It is covered under FDIC Certificate #27539.

Why does First Security Business 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 Security Business Bank CD rates not competitive?

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

Is First Security Business Bank a commercial bank?

Yes

Where are First Security Business Bank locations?

See branch locations nearby.

Is First Security Business Bank open on Saturdays?

Is First Security Business Bank open on Sundays?

What time does First Security Business Bank open?

What time does First Security Business Bank close?

Are First Security Business Bank ATMs Open 24/7?

Do First Security Business Bank ATMs accept cash deposits?

Can First Security Business Bank customers use other ATMs?

Do First Security Business Bank branches have notaries?

Will First Security Business Bank notarize my document?

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

Will the First Security Business Bank branch print checks?

Do First Security Business Bank checks expire?

Does First Security Business Bank require US citizenship to open account?

Can First Security Business Bank close my account?

Does First Security Business Bank Report to credit bureaus?

Does First Security Business Bank Use Equifax?

What is First Security Business Bank's ACH Routing Number?

What is First Security Business Bank's SWIFT code?

Products

Does First Security Business Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does First Security Business Bank offer personal loans?

Compare personal loan rates here.

Does First Security Business Bank offer student loans?

Will First Security Business Bank cash a check?

Will First Security Business Bank redeem a savings bond?

Does First Security Business Bank cash savings bonds?

Will First Security Business Bank cash money orders?

Can First Security Business Bank issue a money order?

Does First Security Business Bank do currency exchange?

Background on The Bank

Who owns First Security Business Bank?

How long has First Security Business Bank been around?

Can First Security Business Bank transfer to other banks?

Does First Security Business Bank have quick pay?

Does First Security Business Bank accept rolled coins?

Will First Security Business Bank accept loose change?

Where is First Security Business Bank headquarters?

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