First Regional Bank
Los Angeles, CA · Owner: First Regional Bcorp
$2.1B
total assets, December 31, 2009
$2.1B
total assets, December 31, 2009
First Regional Bank was a state nonmember bank in Los Angeles, CA, owned by First Regional Bcorp. It failed on Jan 29, 2010, and First-citizens Bank & Trust Company took over its deposits. At its last report it held $2.1 billion in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2009
This bank failed
- Failed on
- Jan 29, 2010
- Assets
- $2.1B
- Deposits
- $1.7B
- Estimated cost
- $224M
- Deposits went to
- First-citizens Bank & Trust Company, Raleigh, NC
Total assets
$2.1B
-15.3% in a year · -4.6% in a quarter
Deposits
$1.7B
-22.6% in a year · -10.6% in a quarter
Loans
$1.9B
-16.7% in a year · -2.9% in a quarter
Profit so far
-$121M
Jan 1 to Dec 31, 2009
Capital ratio
5.54%
-3.65 pts in a year
Return on assets
-5.25%
-4.54 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1801 Century Park East, Los Angeles, CA, 90067
- County
- Los Angeles
- Holding company
- First Regional Bcorp
- Established
- Dec 31, 1979
- Failed
- Jan 29, 2010
- Employees
- 275
- Branches
- 8
- Id
- b23011
Quarter by quarter
March 31, 1984 to December 31, 2009
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Regional Bank?
$2.1 billion in total assets and $1.7 billion in deposits as of December 31, 2009, with assets down 15.3% from a year before. Its loans were $1.9 billion.
How many branches does First Regional Bank have?
8 branches in California as of June 30, 2026.
Is First Regional Bank profitable?
No: it lost $120.7 million from January 1 to December 31, 2009. Its return on assets was -5.25% a year; about 1% is typical.
Who owns First Regional Bank?
First Regional Bank is owned by First Regional Bcorp, its holding company.
When did First Regional Bank fail?
Jan 29, 2010. First-citizens Bank & Trust Company of Raleigh, NC took over its deposits. The estimated cost of the failure was $224.1 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.