Royal Business Bank

Headquarters

1055 Wilshire Blvd. Suite 1200
Los Angeles, CA 90017
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.65% →
1-Year CD 0.40% 0.70% →
2-Year CD 0.50% 0.75% →
5-Year CD 0.50% 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

Royal Business Bank is an FDIC insured institution located in Los Angeles, CA. It was founded in 2008 and has approximately $3.35 billion in assets. Customers can open an account at one of its 15 branches.

FDIC Insured Yes
FDIC Certificate # 58816
Date Established 2008
Assets $ 3.35 billion
Loans $ 2.78 billion
Deposits $ 2.64 billion
Capital $ 532.97 million
 

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

Deposit Rates - June 20, 2021

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $9,999 Learn More
Money Market
0.10% $10,000 - Learn More
CD Rates APY MIN MAX
6 Mo CD
0.25% $10,000 $14,999 Learn More
6 Mo CD
0.30% $100,000 $199,999 Learn More
12 Mo CD
0.40% $100,000 - Learn More
18 Mo CD
0.45% $10,000 $14,999 Learn More
18 Mo CD
0.50% $100,000 $199,999 Learn More
24 Mo CD
0.45% $10,000 $14,999 Learn More
24 Mo CD
0.50% $100,000 $199,999 Learn More
30 Mo CD
0.45% $10,000 $14,999 Learn More
30 Mo CD
0.95% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.50% $100,000 $199,999 Learn More
60 Mo CD
0.45% $10,000 $14,999 Learn More
60 Mo CD
0.50% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less
 

Loan Rates - June 20, 2021

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Royal Business 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
AimLoan.com
NMLS ID: 2890
License#: 13256
2.753% 2.750%
0.00 points
$102 fees
$1,021 Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.779% 2.750%
0.38 points
$952 fees
$1,021 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
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
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BMO Harris Bank
BMO Harris Bank
See Table
Intro APR 1.990 %
After Intro: 4.840 %
Intro Period: 12 months
$0 Learn More
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Note to Royal Business Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Royal 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:
Fairfield,Connecticut


Royal Business Bank Locations


Financial Details

Royal Business Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Royal 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
Royal Business Bank U.S. Bank Average
3.25% 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, Royal Business Bank had $17,981,000 in non-current loans and $293,000 in owned real estate. To cover these potential losses it had $532,972,000 in equity and $29,337,000 in loans loss reserves. That gives it a Texas Ratio of 3.25%.

Return on Equity
Royal Business Bank U.S. Bank Average
7.67% 9.24%

Royal Business Bank has a Return on Equity of 7.67% 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
Royal Business Bank U.S. Bank Average
15.91% 11.96%

Royal Business Bank has a Capitalization of 15.91% 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.

Royal Business Bank Balance Sheet Analysis

As of December 31, 2020, Royal Business Bank had assets of $3,349,367,000, loans of $2,783,394,000, and deposits of $2,644,042,000. 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 $ 138.25 million
Interest-bearing balances $ 110.05 million
Total securities $ 218.04 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.78 billion
Loan loss allowance $ 29.34 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 0.29 million
Goodwill and other intangibles $ 88.40 million
All other assets $ 93.88 million
     Total Assets $ 2.82 billion
LIABILITIES
Total deposits $ 2.64 billion
      Interest-bearing deposits $ 2.02 billion
      Deposits held in domestic offices $ 2.64 billion
      % insured (estimated) 59.12%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 150.00 million
Subordinated debt N.A.
All other liabilities $ 22.35 million
      Total Liabilities $ 2.82 billion
      Shareholders’ Equity $ 532.97 million

Summary Income Statement

December 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 139.01 million
Total Interest Expense $ 26.69 million
Net interest income $ 112.32 million
Provision for loan and lease losses $ 11.82 million
Total non interest income $ 14.58 million
Total non interest expense $ 58.96 million
Pre-tax Net Operating Income $ 56.13 million

Bank Loan Profile?

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

Compared to other banks in California, Royal Business Bank has a significantly higher percent of 1-4 Family Residential 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 46.14
Multifamily
Mortgages
12.52
Credit Card Loans 0.00
Consumer Auto Loans 0.15
Small Business Loans 3.92
Construction and Development Loans 7.19
Commercial Real Estate 24.46
Commercial and Industrial Loans 5.82
Farm Loans 0.00

Frequently Asked Questions About Royal Business Bank

Branches and Savings

Is Royal Business Bank FDIC insured?

Yes. It is covered under FDIC Certificate #58816.

Why does Royal 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 Royal Business Bank CD rates not competitive?

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

Is Royal Business Bank a commercial bank?

Yes

Where are Royal Business Bank locations?

See branch locations nearby.

Is Royal Business Bank open on Saturdays?

Is Royal Business Bank open on Sundays?

What time does Royal Business Bank open?

What time does Royal Business Bank close?

Are Royal Business Bank ATMs Open 24/7?

Do Royal Business Bank ATMs accept cash deposits?

Can Royal Business Bank customers use other ATMs?

Do Royal Business Bank branches have notaries?

Will Royal Business Bank notarize my document?

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

Will the Royal Business Bank branch print checks?

Do Royal Business Bank checks expire?

Does Royal Business Bank require US citizenship to open account?

Can Royal Business Bank close my account?

Does Royal Business Bank Report to credit bureaus?

Does Royal Business Bank Use Equifax?

What is Royal Business Bank's ACH Routing Number?

What is Royal Business Bank's SWIFT code?

Products

Does Royal Business Bank offer mortgages?

Compare mortgage rates here.

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

Compare home equity lines of credit rates here.

Does Royal Business Bank offer personal loans?

Compare personal loan rates here.

Does Royal Business Bank offer student loans?

Will Royal Business Bank cash a check?

Will Royal Business Bank redeem a savings bond?

Does Royal Business Bank cash savings bonds?

Will Royal Business Bank cash money orders?

Can Royal Business Bank issue a money order?

Does Royal Business Bank do currency exchange?

Background on The Bank

Who owns Royal Business Bank?

How long has Royal Business Bank been around?

Can Royal Business Bank transfer to other banks?

Does Royal Business Bank have quick pay?

Does Royal Business Bank accept rolled coins?

Will Royal Business Bank accept loose change?

Where is Royal Business Bank headquarters?

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