Pacific Enterprise Bank

Headquarters

17748 Sky Park Circle
Irvine, CA 92614
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.65% →
1-Year CD 0.50% 0.70% →
2-Year CD 0.65% 0.75% →
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

Pacific Enterprise Bank is an FDIC insured institution located in Irvine, CA. It was founded in 2007 and has approximately $0.6 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58415
Date Established 2007
Assets $ 603.24 million
Loans $ 530.79 million
Deposits $ 457.00 million
Capital $ 55.55 million
 

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

Deposit Rates - May 11, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.30% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.50% $10,000 $14,999 Learn More
12 Mo CD
0.50% $100,000 $199,999 Learn More
18 Mo CD
0.60% $10,000 $14,999 Learn More
18 Mo CD
0.60% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.65% $10,000 $14,999 Learn More
36 Mo CD
0.65% $100,000 $199,999 Learn More

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.60% $1 $999 Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.10% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - May 11, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Pacific Enterprise Bank

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




Featured - Connecticut 30 Year Fixed Mortgage Rates 2021

Lender APR Rate (%) Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.494% 3.375%
1.00 points
$3,750 fees
$1,106 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.698% 2.625%
1.00 points
$2,380 fees
$1,005 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2021

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
2.240 %
$0 Learn More
More Info
BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.990 %
After Intro: 4.700 %
Intro Period: 12 months
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 2.990 %
After Intro: 3.750 %
Intro Period: 12 months
$25,000 Learn More
More Info

Note to Pacific Enterprise Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Pacific Enterprise 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:
Fairfield,Connecticut


Pacific Enterprise Bank Locations


Financial Details

Pacific Enterprise Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Pacific Enterprise 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
Pacific Enterprise Bank U.S. Bank Average
1.6% 5.49%

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 December 31, 2020, Pacific Enterprise Bank had $980,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $55,552,000 in equity and $5,688,000 in loans loss reserves. That gives it a Texas Ratio of 1.6%.

Return on Equity
Pacific Enterprise Bank U.S. Bank Average
5.79% 9.24%

Pacific Enterprise Bank has a Return on Equity of 5.79% versus the BestCashCow average of 9.24%. 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
Pacific Enterprise Bank U.S. Bank Average
9.21% 11.96%

Pacific Enterprise Bank has a Capitalization of 9.21% versus the BestCashCow average of 11.96. 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.

Pacific Enterprise Bank Balance Sheet Analysis

As of December 31, 2020, Pacific Enterprise Bank had assets of $603,244,000, loans of $530,791,000, and deposits of $457,000,000. 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

December 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 57.16 million
Interest-bearing balances $ 53.90 million
Total securities $ 0.10 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 530.79 million
Loan loss allowance $ 5.69 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.40 million
All other assets $ 12.07 million
     Total Assets $ 547.69 million
LIABILITIES
Total deposits $ 457.00 million
      Interest-bearing deposits $ 395.43 million
      Deposits held in domestic offices $ 457.00 million
      % insured (estimated) 54.02%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 82.65 million
Subordinated debt N.A.
All other liabilities $ 8.04 million
      Total Liabilities $ 547.69 million
      Shareholders’ Equity $ 55.55 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 29.60 million
Total Interest Expense $ 5.85 million
Net interest income $ 23.75 million
Provision for loan and lease losses $ 1.98 million
Total non interest income $ 0.57 million
Total non interest expense $ 17.59 million
Pre-tax Net Operating Income $ 4.75 million

Bank Loan Profile?

The top three loan types in Pacific Enterprise Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in California, Pacific Enterprise Bank has a significantly higher percent of Commercial and Industrial Loans 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 4.79
Multifamily
Mortgages
0.18
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 17.16
Construction and Development Loans 3.08
Commercial Real Estate 48.10
Commercial and Industrial Loans 44.78
Farm Loans 0.00

Frequently Asked Questions About Pacific Enterprise Bank

Branches and Savings

Is Pacific Enterprise Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58415.

Why does Pacific Enterprise Bank pay such low interest on savings accounts?

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

Why are Pacific Enterprise Bank CD rates not competitive?

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

Is Pacific Enterprise Bank a commercial bank?

Yes

Where are Pacific Enterprise Bank locations?

See branch locations nearby.

Is Pacific Enterprise Bank open on Saturdays?

Is Pacific Enterprise Bank open on Sundays?

What time does Pacific Enterprise Bank open?

What time does Pacific Enterprise Bank close?

Are Pacific Enterprise Bank ATMs Open 24/7?

Do Pacific Enterprise Bank ATMs accept cash deposits?

Can Pacific Enterprise Bank customers use other ATMs?

Do Pacific Enterprise Bank branches have notaries?

Will Pacific Enterprise Bank notarize my document?

What address for Pacific Enterprise Bank should I put for incoming ACH transfers?

Will the Pacific Enterprise Bank branch print checks?

Do Pacific Enterprise Bank checks expire?

Does Pacific Enterprise Bank require US citizenship to open account?

Can Pacific Enterprise Bank close my account?

Does Pacific Enterprise Bank Report to credit bureaus?

Does Pacific Enterprise Bank Use Equifax?

What is Pacific Enterprise Bank's ACH Routing Number?

What is Pacific Enterprise Bank's SWIFT code?

Products

Does Pacific Enterprise Bank offer mortgages?

Compare mortgage rates here.

Does Pacific Enterprise Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Pacific Enterprise Bank offer personal loans?

Compare personal loan rates here.

Does Pacific Enterprise Bank offer student loans?

Will Pacific Enterprise Bank cash a check?

Will Pacific Enterprise Bank redeem a savings bond?

Does Pacific Enterprise Bank cash savings bonds?

Will Pacific Enterprise Bank cash money orders?

Can Pacific Enterprise Bank issue a money order?

Does Pacific Enterprise Bank do currency exchange?

Background on The Bank

Who owns Pacific Enterprise Bank?

How long has Pacific Enterprise Bank been around?

Can Pacific Enterprise Bank transfer to other banks?

Does Pacific Enterprise Bank have quick pay?

Does Pacific Enterprise Bank accept rolled coins?

Will Pacific Enterprise Bank accept loose change?

Where is Pacific Enterprise Bank headquarters?

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