Major Rating Factors:
An analysis of stability tests since inception including evaluations of capital adequacy, asset growth, and profitability lead to a Very Weak overall stability index (0.0). Operating profits as a percentage of assets at 1.3%, coupled with a return on assets of 0.9 has resulted in Fair (4.7) profitability.
Other Rating Factors:
Very Weak liquidity 0.4, driven by a liquidity ratio of 30.2 percent and a “hot money” ratio of 58.8 percent. A current level of 0.0 percent of nonperforming loans to core capital combined with 0.0 percent from a year earlier contributes to the Excellent asset quality (9.3).
Asset Mix:
Home mtgs (40%), comm re (24%), cash (20%), home eq lns (8%), comm loans (4%), other (4%)
States with Branches:
CA
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
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1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
--
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Investment Rating
--
Address
6201 Oak Canyon
Irvine, CA 92618
Irvine, CA 92618
Phone Number
(949) 892-1000
Year Founded
2022
FDIC Number
Website
Largest Affiliates
No affiliate information available.