Open Bank, Financial Information

About Open Bank

 Address:
1000 Wilshire Boulevard, Suite 100
Los Angeles, CA
Los Angeles County, California
 Established:
Jun 2005
 Number of domestic offices:
10
Total assets$1,367M
Net income$14M
Net income, quarterly$4M
Total deposits$1,204M
Domestic deposits$1,204M
Equity capital$140M
ROA1.09%
ROAQ, quarterly1.17%
ROA, pretax1.17%
ROAQ, quarterly, pretax1.61%
ROE10.07%
ROEQ, quarterly11.36%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.