Far East National Bank is a California based bank.  The bank was founded in 1974 as the first federally chartered Asian American bank in the United States.  Far East National Bank became a wholly-owned subsidiary of Taiwan’s Bank SinoPac since 1997.  SinoPac Holdings has total assets of $34 billion, serving customers throughout Asia and North America from over 220 service locations.  Far East National Bank is chartered as a National Bank.  Far East National Bank has been FDIC insured since December 9, 1974.  The primary regulator is the Office of the Comptroller of the Currency (OCC).

At the end of March 31, 2009 Far East National Bank had 341 full time equivalent employees, total assets of $2,115,391,000.00, total deposits of $1,605,410,000.00 and net operating loss of -$7,141,000.00.

Far East National Bank most recent performance ratios.
As of March 31, 2009:

Yield on earning assets 4.58% 
Cost of funding earning assets 2.50% 
Net interest margin 2.08%
Noncurrent loans to loans 3.90%
Equity capital to assets 9.26% 
Core capital (leverage) ratio 7.56% 
Tier 1 risk-based capital ratio 10.17% 
Total risk-based capital ratio 11.43%
 
Far East National Bank products and services:

Far East National Bank offers checking accounts, savings accounts, money market accounts and certificate of deposit accounts with competitive California CD rates for businesses and consumers.  The bank also offers mortgage, home equity, and credit loans for individuals.  The company also provides commercial real estate, small business, asset based financing, syndication, trade finance, and term and revolving credit loans for businesses.  In addition, it offers online banking and investment services, as well as provides credit cards.  Further, the company provides cash management, foreign exchange trading, and interest rate hedging services.

Far East National Bank also offers corporate advisory and capital services through the Bank’s wholly-owned subsidiary, Far East Capital Corporation.  Far East Capital Corporation engages in corporate advisory services to emerging and high growth companies and obtains corporate mandates to raise equity capital, senior debt, and mezzanine debt in support of clients’ business plans.

Far East National Bank branch bank locations:

Two California Plaza
350 South Grand Avenue, Suite 4100
Los Angeles, CA 90071
Tel: (213) 687-1200
Fax: (213) 687-8511

105 East Valley Boulevard, Lobby Level
Alhambra, CA 91801
Tel: (626) 293-3100
Fax: (626) 284-7636

635-637 West Duarte Road
Arcadia, CA 91007
Tel: (626) 821-3300
Fax: (626) 821-3301

17851 Colima Road, Suite B
City of Industry, CA 91748
Tel: (626) 854-8450
Fax: (626) 854-2824

15333 Culver Drive, Suite 640
Irvine, CA 92604
Tel: (949) 936-1100
Fax: (949) 262-0905

977 North Broadway, Lobby Level
Los Angeles, CA 90012
Tel: (213) 687-1300
Fax: (213) 680-1535

Two California Plaza
350 South Grand Avenue, Lobby Level
Los Angeles, CA 90071
Tel: (213) 687-1260
Fax: (213) 626-3884

809 South Atlantic Boulevard, Suite 101
Monterey Park, CA 91754
Tel: (626) 293-5100
Fax: (626) 284-1077

600 South Lake Avenue, Suite 100
Pasadena, CA 91106
Tel: (626) 397-6300
Fax: (626) 577-5526

10465 South De Anza Boulevard
Cupertino, CA 95014
Tel: (408) 342-8000
Fax: (408) 342-8001

46560 Fremont Boulevard, Suite 403
Fremont, CA 94538
Tel: (510) 790-8500
Fax: (510) 713-1325

1423 Broadway
Frank Ogawa Plaza
Oakland, CA 94612
Tel: (510) 267-6800
Fax: (510) 267-6801

500 Montgomery Street
San Francisco, CA 94111
Tel: (415) 986-2300
Fax: (415) 986-8839

2001 Gateway Place, Suite 101-E
San Jose, CA 95110
Tel: (408) 487-0320
Fax: (408) 487-0333

Far East National Bank web address:  www.fareastnationalbank.com

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