First Foundation Bank

Established in 2007

About First Foundation Bank

First Foundation Bank was established on 2007. The bank's headquarters are located at 18101 Von Karman Avenue, Suite 750 in Irvine, California.

First Foundation Bank is an FDIC insured bank with FDIC number 58647 managing assets to the value of $6,941,773 as of 12/31/2020.

First Foundation Bank has a Texas ratio of 2.89%.
The bank Texas Ratio is an indicator of the bank's health developed at RBC Capital Markets to measure a financial institution's credit troubles. The lower the Texas Ratio, the healthier the bank.

About the Bank

2.89%
Texas Ratio
FDIC Certificate #

58647

Active Insured Since #

1/10/2007

Financial Profile

Dollar figures in thousands (000's)

As of 12/31/2020
Total Assets $6,941,773
Equity Capital $697,648
Total Deposits $5,923,852
Total Liabilities $6,244,125
Total Securities $807,426
Net Loans And Leases $5,285,003
Loan Loss Allowance $24,200
Total Loans And Leases $5,309,203
YTD (as of 12/31/2020)
Return On Assets 1.27%
Return On Equity 13.05%
Total Interest Income $252,032
Total Interest Expense $47,077
Total Non Interest Income $23,794
Total Non Interest Expense $102,388

Headquarters

18101 Von Karman Avenue, Suite 750 92612, Irvine

First Foundation Bank branches near me

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Total Loans and Leases Statistics

Total Loans and Leases $5,309,203 In thousands (000's) * All data provided by fdic.gov updated 12/31/2020

First Foundation Bank Mortgage Loans Profile

Classic Bank

85.53%

Application Approval Rate

Classic Bank

$2,431,198

Average Mortgage Loan Amount

Classic Bank

532

Number of Loan Applications

Classic Bank

$967,784

Average Income of Applicants with Approved Loans

Classic Bank

0.86%

Average Cost of Loans

Classic Bank

31.08%

Average Debt to Income Ratio

* All data provided by the Home Mortgage Disclosure Act, at cfpb.gov updated 12/31/2019

Distribution of Mortgage Loans

Top Counties by Number of Mortgage Loan Applications

1 Los Angeles

Number of Loan Applications
287
Average Loan Amount
$2,424,098
Approval Rate
85.02%
Average Income of Approved Loans’ Applicants
$1,507,586

2 San Diego

Number of Loan Applications
60
Average Loan Amount
$2,135,200
Approval Rate
83.33%
Average Income of Approved Loans’ Applicants
$0

3 Orange

Number of Loan Applications
47
Average Loan Amount
$1,870,122
Approval Rate
87.23%
Average Income of Approved Loans’ Applicants
$245,267

4 San Francisco

Number of Loan Applications
27
Average Loan Amount
$2,806,200
Approval Rate
92.59%
Average Income of Approved Loans’ Applicants
$382,500

5 Alameda

Number of Loan Applications
26
Average Loan Amount
$2,393,000
Approval Rate
96.15%
Average Income of Approved Loans’ Applicants
$113,000

6 San Mateo

Number of Loan Applications
11
Average Loan Amount
$4,071,364
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

Top States by Number of Mortgage Loan Applications

1 California

Number of Loan Applications
523
Average Loan Amount
$2,438,969
Approval Rate
85.28%
Average Income of Approved Loans’ Applicants
$972,320

2 Hawaii

Number of Loan Applications
4
Average Loan Amount
$960,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$741,000

3 Nevada

Number of Loan Applications
2
Average Loan Amount
$1,780,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

4 Wyoming

Number of Loan Applications
1
Average Loan Amount
$6,005,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

5 Florida

Number of Loan Applications
1
Average Loan Amount
$1,315,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0

6 Arizona

Number of Loan Applications
1
Average Loan Amount
$3,695,000
Approval Rate
100.00%
Average Income of Approved Loans’ Applicants
$0