1st Capital Bank
Salinas, California · FDIC Cert #58485
1st Capital Bank is an FDIC-insured bank (Certificate #58485) with $1.0B in total assets and $893M in total deposits as of the Q2 2024 Call Report. Headquartered in Salinas, California, the bank maintains a Tier 1 capital ratio of 0.00% (Critically Undercapitalized) and a nonperforming loan ratio of 0.23%. BankHealthData assigns a composite Health Grade of C (58/100). All deposits up to $250,000 per depositor per ownership category are FDIC insured.
1st Capital Bank (FDIC cert 58485) is a mid-sized bank with $1.0B in total assets and $893M in deposits, based in Salinas, California. Mid-sized banks typically operate regionally with a mix of commercial and consumer lending.
Tier 1 capital ratio is not disclosed in the most recent Call Report — unusual but possible for new institutions or those filing under specific regulatory exemptions. Asset quality is clean: non-performing loan ratio of 0.23% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is comfortable: 32.6% of assets in liquid form — sufficient to cover meaningful deposit-outflow scenarios without forced asset sales.
Profitability is thin: ROA of 0.55% runs below the 1% benchmark. Thin margins can reflect cyclical net-interest-margin pressure, elevated provisions for loan losses, or operating-cost inefficiency. Health-score trend is mildly negative across recent quarters. Mild declines can reflect either specific quarterly events (large one-time provisions, deposit shifts) or the early stages of broader pressure. 1st Capital Bank carries a composite BankHealth grade of C (58/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: 1st Capital Bank
- Total Assets
- $1.0B
- Total Deposits
- $893M
- Tier 1 Capital Ratio
- 0.00%
- Capital Status
- Critically Undercapitalized
- Nonperforming Loans
- 0.23%
- Liquidity Ratio
- 32.58%
- Return on Assets
- 0.55%
- Headquarters
- Salinas, California
- FDIC Certificate
- #58485
- Health Grade
- C (58/100)
- Latest Call Report
- Q2 2024
Capital & Safety Analysis
According to FDIC financial data, 1st Capital Bank holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject 1st Capital Bank to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
1st Capital Bank shows average financial health. While not alarming, its Health Score of 58/100 suggests some areas could be stronger. Your FDIC-insured deposits (up to $250,000) remain fully protected regardless.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How 1st Capital Bank Compares
1st Capital Bank’s Health Score of 58 is 14 points below the California state average of 72 across 123 FDIC-insured banks. Its 0.00% Tier 1 capital ratio is 14.0 points below the US banking industry average near 14%. The 0.23% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 0.55% is below the national ROA benchmark of ~1.1%. Among 1003 similarly-sized banks, the average Health Score is 71, meaning this bank ranks below its size cohort. Site-wide, 1st Capital Bank is 12 points below the portfolio average of 70.
Frequently Asked Questions
1st Capital Bank has a Bank Health Score of C (58/100), placing it in average financial health. It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. 1st Capital Bank's Tier 1 capital ratio of 0.00% and nonperforming loan ratio of 0.23% indicate an average risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at 1st Capital Bank is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #58485). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
1st Capital Bank holds $1.0B in total assets and $893M in total deposits. It is headquartered in Salinas, California (FDIC Certificate #58485).
1st Capital Bank has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.23%, and the return on assets is 0.55%.
Yes. 1st Capital Bank is FDIC-insured (Certificate #58485). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An C grade on our Bank Health Score means 55-69/100 — average across capital, loan quality, and profitability. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
1st Capital Bank's metrics are around average for the industry. There's no urgent action needed for FDIC-insured deposits, but it's worth monitoring quarterly updates. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.