Open Bank: how it compares with its peers
Against 30 CA banks with half to twice its assets, Open Bank's strongest measure in Q2 2026 is return on assets (1.20% vs. a 1.23% peer median). Its weakest relative measure is net interest margin (3.23% vs. 3.91%).
| Measure | Open Bank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 1.20% | 1.23% | Middle third Ahead of 50% of peers |
| Net interest margin Annualized net interest income over earning assets. | 3.23% | 3.91% | Bottom third Ahead of 13% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 55.81% | 54.19% | Middle third Ahead of 47% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $10.7M | $11.0M | Middle third Ahead of 45% of peers |
| Loans to deposits Net loans and leases over total deposits. | 95.06% | 88.61% | Context |
What it means for lending operations
Its efficiency ratio of 55.81% is above the 54.19% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- CalPrivate Bank La Jolla, CA · $2.71B
- Avidbank San Jose, CA · $2.65B
- United Business Bank Walnut Creek, CA · $2.56B
- West Coast Community Bank Santa Cruz, CA · $2.94B
- El Dorado Savings Bank, F.S.B. Placerville, CA · $2.44B
- Exchange Bank Santa Rosa, CA · $3.19B
Questions about Open Bank
How big is Open Bank?
Open Bank, established in 2005, is headquartered in Los Angeles, CA. It reported $2.75B in total assets in its Q2 2026 FDIC call report and operates 17 offices.
What is Open Bank's return on assets?
1.20% annualized in Q2 2026, against a 1.23% median for 30 CA banks with half to twice its assets, ahead of 50% of them.
What is Open Bank's efficiency ratio?
55.81% in Q2 2026: it spent about 56 cents in noninterest expense for each dollar of revenue. The peer median is 54.19%, and lower is better.
Is Open Bank growing its loans?
Net loans grew 9.1% over the year to Q2 2026, while deposits grew 5.0%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are CA banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every California bank ranked.