Labor Shortages, Digitalization at Local Banks

THE LIST

BANKS

Ranked by deposits in Valley-area branches as of June 30

NEXT ISSUE Fastest Growing Private Companies

Rank

1

Institution

? name ? address ? website

JPMorgan Chase & Co. 2029 Century Park East Los Angeles 90067

Valley-Area Market Share

? 2021

? 2020

($ in millions; as of June 30)

Valley-Area Deposits

? 2021

? 2020

Total Deposits

? 2021 ? 2020

Assets

? 2021 ? 2020

Profile

? Valley-area branches ? total branches ? headquarters ? year founded

23.74% 22.00%

$26,158 $21,240

$2,403,009 $2,050,074

$3,190,100 95 $2,820,922 4,925

New York 1799

Top Executive

? name ? title ? phone

Jamie Dimon CEO, Chairman (310) 860-7294

Wells Fargo & Co.

2

333 S. Grand Ave.

Los Angeles 90071



21.22 21.32

23,389 20,580

1,494,597 1,501,208

1,776,718 79 1,799,940 4,988

San Francisco 1870

Charles Scharf CEO, President (800) 869-3557

Bank of America

3

333 S. Hope St.

Los Angeles 90071



20.77 21.05

22,893 20,314

1,986,072 1,820,512

2,350,294 80 2,161,656 4,215

Charlotte, N.C. 1904

Brian Moynihan CEO, Chairman (213) 621-3600

Citibank

4

5660 Wilshire Blvd.

Los Angeles 90036



7.47

8,232

703,948

1,693,227 36

Jane Fraser

7.47

7,209

1,244,403

1,633,678 679

CEO

Sioux Falls, S.D.

(323) 302-9530

1812

City National Bank

5

555 S. Flower St.

Los Angeles 90071



3.87

4,266

75,418

84,955 13

3.53

3,412

62,340

71,470 75

Los Angeles

1954

Kelly Coffey CEO (800) 773-7100

MUFG Union Bank

6

445 S. Figueroa St.

Los Angeles 90071



U.S. Bank

7

633 W. 5th St.

Los Angeles 90071



3.06

3,368

105,150

133,207 26

3.37

3,248

103,569

136,272 305

San Francisco

1979

3.02

3,328

442,903

547,853 44

3.10

2,997

425,279

536,291 2,319

Cincinnati

1863

Kevin Cronin CEO, President (213) 236-5000

Andrew Cecere CEO, President (800) 872-2657

N/A - Not Applicable NA - Not Available Financial institutions are ranked by their Valley-area market share as of June 30, 2020. Core capital ratios and non-performance asset ratios can be used as indicators of an institution's financial security. To the best of our knowledge, this information is accurate as of press time. While every effort is made to

ensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send corrections or additions to research@. ?2021 San Fernando Valley Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright's Media (877) 652-5295.

Researched by Joshua Niv

OCTOBER 25, 2021

SAN FERNANDO VALLEY BUSINESS JOURNAL 27

BANKS

Rank

8

Institution

? name ? address ? website

Citizens Business Bank 701 N. Haven Ave. Ontario 91764

Valley-Area Market Share

? 2021

? 2020

($ in millions; as of June 30)

Valley-Area Deposits

? 2021

? 2020

Total Deposits

? 2021 ? 2020

Assets

? 2021 ? 2020

Profile

? Valley-area branches ? total branches ? headquarters ? year founded

2.10% 2.04%

$2,313 $1,968

$12,721 $11,014

$15,534 11 $13,747 58

Ontario 1974

Top Executive

? name ? title ? phone

David Brager CEO (909) 980-4030

Pacific Western Bank

1.73

1,910

29,778

34,821 12

Matthew Wagner

9

9701 Wilshire Blvd., Suite 700

1.96

1,888

23,040

27,339 73

CEO, President

Beverly Hills 90212

Beverly Hills

(310) 887-8500



1982

CIT Bank (OneWest)

10

95 S. Lake Ave.

Pasadena 91101



Bank of the West

11

300 S. Grand Ave.

Los Angeles 90071



1.41

1,550

42,183

49,309 11

1.74

1,675

47,269

56,740 84

Pasadena

1908

1.39

1,537

83,436

99,179 11

1.55

1,496

80,329

100,000 535

San Francisco

1874

Ellen Alemany CEO, Chairwoman (800) 669-2300

Nandita Bakhshi CEO, President (213) 972-0200

Mechanics Bank

12

1111 Civic Dr.

Walnut Creek 94596



0.95

1,047

15,977

18,798 9

1.16

1,120

16,066

18,870 124

Richmond

1905

John DeCero CEO (949) 270-9700

Luther Burbank Savings

13

175 S. Beverly Drive

Beverly Hills 90212



0.73

806

5,450

7,255 2

0.81

783

5,416

7,167 14

Santa Rosa

1983

Simone Lagomarsino CEO, President (310) 272-7370

California Bank & Trust

14

550 S. Hope St.

Los Angeles 90071



0.68

748

76,106

87,208 6

Eric Ellingsen

0.70

680

76,447

65,684 420

CEO

Salt Lake City

(213) 228-1700

1873

First Republic Bank

15

1888 Century Park East

Century City 90067



0.68

746

134,657

161,647 2

James Herbert II

0.60

576

98,534

128,304 84

Hafize Gaye Erkan

San Francisco

Co-CEO, Chairman, Founder

1985

Co-CEO, President

(877) 743-7777

Preferred Bank

0.54

597

4,799

5,577 1

16

601 S. Figueroa St., 29th Floor

0.44

429

4,351

5,006 14

Li Yu CEO, Chairman

Los Angeles 90017

Los Angeles

(213) 891-1188



1991

Bank of Hope

0.49

537

14,746

17,464 3

17

3200 Wilshire Blvd., 14th Floor

0.61

593

14,144

17,167 53

Kevin Kim CEO, President, Chairman

Los Angeles 90010

Los Angeles

(213) 639-1700



1986

Comerica Bank

0.43

479

77,091

88,331 6

Curtis Farmer

18

601 S. Figueroa St., Suite 1200

0.44

420

69,072

84,443 430

CEO, President, Chairman

Los Angeles 90017

Dallas

(800) 522-2265



1849

Mission Bank

19

1330 Truxtun Ave.

Bakersfield 93301



0.42

461

1,280

1,421 2

0.34

325

989

1,105 9

Bakersfield

1998

A.J. Antongiovanni CEO, President (661) 859-2500

Pacific Premier Bank

0.38

419

17,095

20,534 1

20

17901 Von Karman Ave., Suite 1200

0.48

464

17,151

20,515 65

Steven Gardner CEO, President, Chairman

Irvine 92614

Irvine

(888) 388-5433



1983

Manufacturers Bank

0.37

404

3,135

3,776 3

Kazuhisa Miyagawa

21

515 S. Figueroa St., Fourth Floor

0.19

179

3,724

4,569 10

CEO, Chairman, Interim

Los Angeles 90071

Los Angeles

President

manufacturers-

1962

(213) 489-6200

East West Bank

0.35

383

52,983

59,839 3

Dominic Ng

22

135 N. Los Robles Ave., Seventh Floor

0.33

314

41,180

49,410 109

CEO, Chairman

Pasadena 91101

Pasadena

(626) 768-6000



1972

First Bank

23

4301 MacArthur Blvd.

Newport Beach 92660



0.33

369

6,030

6,728 4

Shelley Seifert

0.37

356

6,176

6,941 80

CEO, Chairwoman

Creve Coeur, Mo.

(949) 476-3255

1906

N/A - Not Applicable NA - Not Available Financial institutions are ranked by their Valley-area market share as of June 30, 2020. Core capital ratios and non-performance asset ratios can be used as indicators of an institution's financial security. To the best of our knowledge, this information is accurate as of press time. While every effort is made to

ensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send corrections or additions to research@. ?2021 San Fernando Valley Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright's Media (877) 652-5295.

Researched by Joshua Niv

Continued on page 28

28 SAN FERNANDO VALLEY BUSINESS JOURNAL

OCTOBER 25, 2021

BANKS

Rank

Continued from page 27

Institution

? name ? address ? website

Mission Valley Bancorp

24

9116 Sunland Blvd.

Sun Valley 91352



Valley-Area Market Share

? 2021

? 2020

($ in millions; as of June 30)

Valley-Area Deposits

? 2021

? 2020

Total Deposits

? 2021 ? 2020

Assets

? 2021 ? 2020

0.33%

$367

$367

0.41%

$396

$396

Profile

? Valley-area branches ? total branches ? headquarters ? year founded

$423 2 $506 2

Sun Valley 2001

Top Executive

? name ? title ? phone

Tamara Gurney CEO, President (818) 394-2300

HSBC Bank USA

25

725 S. Figueroa St.

Los Angeles 90017



Bank of Santa Clarita1

26

N/A

Umpqua Bank

27

445 S.E. Main St.

Roseburg, Ore. 97470



Cathay Bank

28

777 N. Broadway

Los Angeles 90012



0.32

352

162,113

194,764 5

0.36

346

168,800

211,045 147

Tysons, Va.

1865

Michael Roberts CEO, President (800) 975-4722

0.30

333

333

416 N/A

N/A

0.29

276

276

376

0.30

329

26,310

30,290 1

Cort O'Haver

0.76

737

24,983

29,632 225

CEO, President

Roseburg, Ore.

(866) 486-7782

1953

0.29

322

16,564

19,331 1

0.25

242

16,309

19,235 59

Los Angeles

1962

Chang Liu CEO, President (213) 625-4700

Montecito Bank & Trust

29

1000 State St.

Santa Barbara 93101



0.23

1,716

0.25

239

1,967 1,668

2,186 3 1,882 14

Santa Barbara 1975

Janet Garufis CEO, Chairman (800) 348-0146

Golden State Bank

0.23

252

425

495 2

30

500 N. Brand Blvd., Suite 2300

0.26

256

355

435 3

Mercedes Herrera CEO, President

Glendale 91203

Glendale

(818) 254-1052



2003

Bank of Southern California

0.23

252

1,565

1,777 2

31

12265 El Camino Real, Suite 100

0.14

136

1,160

1,546 14

David Rainer CEO, President

San Diego 92130

Del Mar

(858) 847-4720



2001

HomeStreet Bank

32

1118 N. Vermont Ave.

Los Angeles 90029



0.23

250

6,112

7,123 3

0.26

249

5,690

7,304 61

Seattle

1986

Mark Mason CEO, Chairman, President (626) 646-1795

First-Citizens Bank & Trust Co.

0.20

222

48,550

55,099 2

Frank Holding Jr.

33

239 Fayetteville St.

0.18

172

41,628

47,829 538

CEO, Chairman

Raleigh, N.C. 27601

Raleigh, N.C.

(888) 323-4732



1898

Community West Bank

34

5827 Hollister Ave.

Goleta 93117



0.19

209

0.18

178

865

1,063 2

761

1,061 8

Goleta

1989

Martin Plourd CEO, President (805) 681-3366

Royal Business Bank

0.19

205

3,159

3,885 2

35

1055 Wilshire Blvd., Suite 1200

0.18

175

2,453

3,135 22

Yee Phong (Alan) Thian CEO, President

Los Angeles 90017

Los Angeles

(213) 627-9888



2008

Boston Private Bank & Trust Co.

0.18

200

9,054

10,243 2

36

16000 Ventura Blvd.

0.19

182

7,476

9,126 20

Anthony DeChellis CEO, President

Encino 91436

Boston

(818) 501-1700



1983

Bank of the Sierra

37

90 N. Main St.

Porterville 93257



0.18

195

2,785

3,273 3

0.33

318

2,522

3,110 36

Porterville

1978

Kevin McPhaill CEO, President (888) 454-2265

Hanmi Bank

38

3660 Wilshire Blvd., Suite A

Los Angeles 90010



0.15

166

5,636

6,577 2

0.16

154

5,230

6,215 36

Los Angeles

1982

Bonita Lee CEO, President (213) 382-2200

1 Acquired by Bank of Southern California effective Oct. 1, 2021. N/A - Not Applicable NA - Not Available Financial institutions are ranked by their Valley-area market share as of June 30, 2020. Core capital ratios and non-performance asset ratios can be used as indicators of an institution's financial security. To the best of our knowledge, this information is accurate as of press time. While every effort is made to

ensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send corrections or additions to research@. ?2021 San Fernando Valley Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright's Media (877) 652-5295.

Researched by Joshua Niv

OCTOBER 25, 2021

SAN FERNANDO VALLEY BUSINESS JOURNAL 29

BANKS

Rank

39

Institution

? name ? address ? website

Signature Bank 21255 Burbank Blvd., Suite 320 Woodland Hills 91367

Valley-Area Market Share

? 2021

? 2020

($ in millions; as of June 30)

Valley-Area Deposits

? 2021

? 2020

Total Deposits

? 2021 ? 2020

Assets

? 2021 ? 2020

Profile

? Valley-area branches ? total branches ? headquarters ? year founded

0.06% NA

$66

$85,572

$97,210 1

NA

$50,235

$60,350 38

New York

2001

Top Executive

? name ? title ? phone

Joseph DePaolo CEO, President (866) 744-5463

Banc of California

40

515 W. 6th St.

Los Angeles 90014



0.06

61

6,244

8,023 2

0.09

84

6,099

7,753 31

Santa Ana

1941

Jared Wolff CEO, President (213) 229-9704

MidFirst Bank

0.05

59

20,572

31,048 1

G. Jeffrey Records Jr.

41

1875 Century Park East, Suite 1400

0.05

47

16,083

24,332 81

CEO, Chairman

Los Angeles 90067

Oklahoma City

(310) 270-9500



1982

State Bank of India (California)

0.05

52

728

884 1

42

707 Wilshire Blvd., Suite 2900

0.05

44

714

908 8

Salila Pande CEO, President

Los Angeles 90017

Los Angeles

(213) 623-7250



1982

First Foundation Bank

0.04

39

7,120

7,917 1

43

1801 Von Karman Ave., 7th Floor

NA

NA

5,658

7,125 22

Scott Kavanaugh CEO

Irvine 92612

Irvine

(949) 202-4100



1990

Community Commerce Bank

44

358 W. Foothill Blvd.

Claremont 91711



0.02

23

233

334 1

0.03

27

194

324 4

Claremont

1976

Mike Lasher President (909) 450-2050

N/A - Not Applicable NA - Not Available Financial institutions are ranked by their Valley-area market share as of June 30, 2020. Core capital ratios and non-performance asset ratios can be used as indicators of an institution's financial security. To the best of our knowledge, this information is accurate as of press time. While every effort is made to

ensure the accuracy and thoroughness of the list, omissions and typographical errors sometimes occur. Please send corrections or additions to research@. ?2021 San Fernando Valley Business Journal. This list may not be reprinted in whole or in part without prior written permission from the editor. Reprints are available from Wright's Media (877) 652-5295.

Researched by Joshua Niv

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download