First Pacific Bancorp (FPBC)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
First Pacific Bancorp (FPBC) with AI Score 49/100 (Weak). First Pacific Bancorp (FPBC) is a bank holding company operating through its subsidiary, First Pacific Bank. Market cap: 0, Sector: Financial services.
Last analyzed: Mar 15, 2026First Pacific Bancorp (FPBC) Financial Services Profile
First Pacific Bancorp, operating as First Pacific Bank, serves the Southern California region with diverse financial solutions for small to mid-sized businesses and individuals. Founded in 2006, FPBC focuses on relationship banking, offering personalized services and specialized lending in a competitive banking landscape, with a current market capitalization of $0.01 billion.
Investment Thesis
First Pacific Bancorp presents a focused investment opportunity within the Southern California regional banking sector. With a P/E ratio of 11.04 and a profit margin of 8.2%, FPBC demonstrates moderate profitability. Key to its growth is its specialization in bespoke lending solutions and cash management services tailored for small and middle-market businesses. Upcoming catalysts include potential expansion within its existing Southern California footprint and increased adoption of its digital banking services. Potential risks include competition from larger regional and national banks and sensitivity to interest rate fluctuations. The company's beta of 0.20 suggests lower volatility compared to the broader market.
Based on FMP financials and quantitative analysis
Key Highlights
- Market capitalization of $0.01 billion indicates a small-cap regional bank.
- P/E ratio of 11.04 suggests a potentially undervalued stock compared to industry peers.
- Profit margin of 8.2% reflects moderate profitability in the competitive banking sector.
- Gross margin of 66.1% indicates efficient management of revenue and costs.
- Beta of 0.20 suggests lower volatility compared to the overall market, potentially appealing to risk-averse investors.
Competitors & Peers
Strengths
- Strong local presence in Southern California.
- Specialized lending expertise.
- Personalized customer service.
- Established branch network.
Weaknesses
- Small market capitalization.
- Limited geographic diversification.
- Dependence on the Southern California economy.
- Higher cost structure compared to larger banks.
Catalysts
- Ongoing: Expansion of digital banking services to attract new customers and improve customer retention.
- Ongoing: Focus on specialized lending solutions in niche markets such as construction and healthcare.
- Ongoing: Strategic partnerships with local businesses and community organizations to enhance brand awareness.
- Upcoming: Potential for increased interest rates to improve net interest margin.
- Upcoming: Possible acquisitions of smaller banks or credit unions to expand market share.
Risks
- Ongoing: Competition from larger regional and national banks with greater resources.
- Potential: Economic downturn in Southern California impacting loan quality and deposit growth.
- Potential: Rising interest rates increasing borrowing costs and potentially slowing loan demand.
- Ongoing: Increased regulatory scrutiny and compliance costs.
- Potential: Cybersecurity threats and data breaches compromising customer information.
Growth Opportunities
- Expansion within Southern California: First Pacific Bancorp has the opportunity to expand its branch network and service offerings within the high-growth Southern California market. Focusing on specific geographic areas within Los Angeles, Orange, San Bernardino, and San Diego counties could allow FPBC to capture a larger share of the local banking market. This expansion could increase the loan portfolio and deposit base, driving revenue growth over the next 3-5 years.
- Enhanced Digital Banking Platform: Investing in and promoting its online and mobile banking services can attract tech-savvy customers and improve operational efficiency. Enhancing features such as mobile check deposit, online account opening, and real-time transaction monitoring can improve customer satisfaction and retention. The market for digital banking is expected to grow significantly, offering FPBC a chance to expand its reach beyond its physical branch locations.
- Specialized Lending Solutions: Capitalizing on its expertise in providing specialized lending and financing solutions for sectors like construction, manufacturing, and healthcare equipment can drive growth. By targeting these niche markets, FPBC can differentiate itself from larger banks and attract businesses seeking tailored financial solutions. This strategy can lead to higher loan volumes and increased profitability.
- Strategic Partnerships: Forming strategic partnerships with local businesses and community organizations can enhance FPBC's brand awareness and customer acquisition efforts. Collaborating with real estate developers, healthcare providers, and other industry players can create referral opportunities and expand the bank's customer base. These partnerships can also help FPBC better understand the needs of its target market and develop customized products and services.
- Cross-Selling Opportunities: Leveraging its existing customer relationships to cross-sell additional products and services can increase revenue and improve customer loyalty. By offering a comprehensive suite of financial solutions, including deposit accounts, loans, cash management services, and credit cards, FPBC can deepen its relationships with customers and increase their lifetime value. Targeted marketing campaigns and personalized recommendations can help drive cross-selling efforts.
Opportunities
- Expansion within Southern California.
- Growth in digital banking services.
- Strategic partnerships with local businesses.
- Increased cross-selling of financial products.
Threats
- Competition from larger regional and national banks.
- Economic downturn in Southern California.
- Rising interest rates.
- Increased regulatory scrutiny.
Competitive Advantages
- Strong local presence and relationships in Southern California.
- Specialized lending expertise in niche industries.
- Personalized service and relationship banking approach.
- Established branch network in key Southern California markets.
About FPBC
First Pacific Bancorp, established in 2006 and based in Whittier, California, functions as the bank holding company for First Pacific Bank. The bank provides a comprehensive suite of financial products and services, including a variety of deposit accounts such as checking, savings, money market, NOW, and individual retirement accounts, alongside certificates of deposit. Its lending portfolio encompasses real estate construction, 1-4 family residential, commercial real estate, commercial and industrial loans, Small Business Administration (SBA) loans, consumer and personal loans, home equity lines of credit, and letters of credit. Additionally, First Pacific Bancorp offers business and personal credit cards. Beyond traditional banking services, the company delivers cash management solutions like insured cash sweep, remote deposit capture, automated clearing house (ACH), sweep accounts, wire transfers, Positive Pay, and online and mobile banking. It also specializes in lending and financing for construction and manufacturing equipment, healthcare equipment, computer hardware and software, network and phone communication systems, and office furniture, tailoring solutions to meet specific client needs. First Pacific Bancorp primarily serves small and middle-market businesses, as well as individuals, within the Los Angeles, Orange, San Bernardino, and San Diego counties of California. The bank operates through branches located in Whittier, Santa Fe Springs, Orange, Redlands, and San Diego. In September 2023, the company rebranded from Friendly Hills Bancorp to First Pacific Bancorp, marking a new chapter in its growth and strategic direction.
What They Do
- Offers checking, savings, money market, and other deposit accounts.
- Provides real estate, commercial, and industrial loans.
- Offers Small Business Administration (SBA) loans.
- Provides consumer and personal loans.
- Offers home equity lines of credit.
- Provides business and personal credit cards.
- Offers cash management services, including remote deposit capture and online banking.
- Provides specialty lending for equipment financing.
Business Model
- Generates revenue through interest earned on loans.
- Earns fees from cash management services and other banking products.
- Attracts deposits from individuals and businesses.
- Manages risk through underwriting and credit analysis.
Industry Context
First Pacific Bancorp operates within the competitive Southern California regional banking market. This market is characterized by a mix of large national banks, regional players, and community banks, all vying for market share. The industry is influenced by factors such as interest rate movements, regulatory changes, and economic conditions within California. The rise of fintech companies and digital banking solutions also presents both opportunities and challenges for traditional banks like FPBC. The company's focus on personalized service and specialized lending aims to differentiate it from larger competitors.
Key Customers
- Small and middle-market businesses in Southern California.
- Individuals residing in the Los Angeles, Orange, San Bernardino, and San Diego County areas.
- Businesses in the construction, manufacturing, and healthcare sectors seeking specialized financing.
- Customers seeking online and mobile banking solutions.
Financials
Chart & Info
First Pacific Bancorp (FPBC) stock price: Price data unavailable
Latest News
No recent news available for FPBC.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FPBC.
Price Targets
Wall Street price target analysis for FPBC.
MoonshotScore
What does this score mean?
The MoonshotScore rates FPBC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Nathan L. Rogge
Unknown
Information on Nathan L. Rogge's background is not available in the provided data. Further research would be needed to provide details on his career history, education, and previous roles.
Track Record: Information on Nathan L. Rogge's track record is not available in the provided data. Further research would be needed to provide details on his key achievements, strategic decisions, and company milestones under his leadership.
FPBC OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that First Pacific Bancorp may not meet the minimum financial standards or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting, making it more difficult for investors to assess their financial health and operational performance. Trading on the OTC Other tier is generally associated with higher risk compared to exchanges like NYSE or NASDAQ due to the lack of stringent listing requirements.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases information asymmetry.
- Lower liquidity can lead to price volatility.
- Higher potential for fraud and manipulation.
- OTC Other tier companies may have a higher risk of financial distress or bankruptcy.
- Limited regulatory oversight compared to listed exchanges.
- Verify the company's financial statements and disclosures.
- Research the background and experience of the management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's capital structure and debt levels.
- Understand the risks associated with investing in OTC securities.
- Consult with a financial advisor before investing.
- Check for any regulatory actions or legal proceedings against the company.
- Established history of operations since 2006.
- Presence of physical branch locations in Southern California.
- Membership in relevant industry associations.
- Audited financial statements (if available).
- Positive customer reviews and testimonials.
What Investors Ask About First Pacific Bancorp (FPBC)
What does First Pacific Bancorp do?
First Pacific Bancorp, through its First Pacific Bank subsidiary, provides a range of financial products and services to small and middle-market businesses and individuals in Southern California. These services include deposit accounts, loans, cash management solutions, and specialized lending for industries like construction and healthcare. The bank focuses on relationship banking and personalized service, differentiating itself from larger competitors in the region. Its branch network spans across Los Angeles, Orange, San Bernardino, and San Diego counties.
What do analysts say about FPBC stock?
AI analysis is currently pending for FPBC, so there is no available analyst consensus. However, key valuation metrics include a P/E ratio of 11.04 and a profit margin of 8.2%. Growth considerations include the bank's expansion within Southern California, its focus on specialized lending, and its investment in digital banking services. Investors should conduct their own due diligence and consider their individual risk tolerance before making any investment decisions.
What are the main risks for FPBC?
First Pacific Bancorp faces several risks, including competition from larger regional and national banks, potential economic downturns in Southern California, rising interest rates, increased regulatory scrutiny, and cybersecurity threats. Its small market capitalization and limited geographic diversification also pose challenges. Effective risk management and compliance are crucial for FPBC to mitigate these risks and maintain its financial stability.
What are the key factors to evaluate for FPBC?
First Pacific Bancorp (FPBC) currently holds an AI score of 49/100, indicating low score. Key strength: Strong local presence in Southern California.. Primary risk to monitor: Ongoing: Competition from larger regional and national banks with greater resources.. This is not financial advice.
How frequently does FPBC data refresh on this page?
FPBC prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven FPBC's recent stock price performance?
Recent price movement in First Pacific Bancorp (FPBC) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Strong local presence in Southern California.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider FPBC overvalued or undervalued right now?
Determining whether First Pacific Bancorp (FPBC) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying FPBC?
Before investing in First Pacific Bancorp (FPBC), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- AI analysis is pending and may provide further insights.