First Foundation Bank (merged into Sunflower Bank)
First Foundation Bank reported total assets of $11.3 bn at Q1 2026, its last Call Report before it merged into Sunflower Bank. The CET1 capital ratio at First Foundation Bank was 15.27%, and the uninsured share of First Foundation Bank was 20.34%. Source: FDIC Call Reports.
Key takeaways
- Since , First Foundation Bank has taken over 3 institutions; the latest was First Florida Integrity Bank on (FDIC Call Reports).
What sets First Foundation Bank apart
How large is First Foundation Bank?
The balance sheet of First Foundation Bank at : assets $11.3 bn, deposits $8.8 bn, net loans $6.4 bn (loans equal to 72.96% of deposits). Securities make up 25.7% of total assets at First Foundation Bank. Since , when First Foundation Bank held $2.7 bn, its assets grew 322.3%. In the year to , deposits at First Foundation Bank fell 8.4% while its total assets fell 9.7%. At , First Foundation Bank employed 498 full-time equivalent staff across 30 offices, about $22.8 mn of assets per employee and $292.8 mn of deposits per office.
How much funding at First Foundation Bank is uninsured?
At First Foundation Bank, uninsured deposits (above the FDIC limit) made up 20.34% of domestic deposits at (-3.91 pp on a year earlier). In dollars, First Foundation Bank estimated $1.8 bn of uninsured deposits.
Key facts, Q1 2026
| Metric | Value | A year earlier | US rank |
|---|---|---|---|
| Total deposits | $8.8 bn | $9.6 bn (Q1 2025) | |
| Net loans and leases | $6.4 bn | $9.0 bn (Q1 2025) | |
| Loan-to-deposit ratio | 72.96% | 93.43% (Q1 2025) | |
| Tier 1 leverage ratio | 9.10% | 9.28% (Q1 2025) | |
| Total risk-based capital ratio | 16.43% | 13.74% (Q1 2025) | |
| Net interest margin | 1.24% | 1.81% (Q1 2025) | |
| Return on assets (ROA) | -0.31% | 0.25% (Q1 2025) | |
| Efficiency ratio | 116.11% | 89.99% (Q1 2025) | |
| Unrealized gain/loss on held-to-maturity securities | Loss of $47.4 mn | Narrowed by $19.4 mn | |
| Unrealized gain/loss on available-for-sale securities | Gain of $4.9 mn | Turned from a loss into a gain | |
| Noncurrent loans to total loans | 0.54% | 0.43% (Q1 2025) | |
| Net charge-offs to average loans | 1.15% | 0.01% (Q1 2025) |
US rank of First Foundation Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
First Foundation Bank: assets, deposits and loans
- Total assets $11.3bn
- Deposits $8.8bn
- Net loans $6.4bn
Capital and securities
The CET1 ratio of First Foundation Bank stood at 15.27% in , +1.98 pp year on year. Low and high at First Foundation Bank since : 10.27% () to 15.27% (). Equity capital of First Foundation Bank at : $1.1 bn, or 9.4% of total assets. First Foundation Bank also reported a total capital ratio of 16.43% for , and a tier 1 leverage ratio of 9.10%.
On held-to-maturity securities, First Foundation Bank carried an unrealized loss of $47.4 mn at , equal to 4.5% of equity capital. The loss narrowed by $19.4 mn over the year. Its deepest point: $106.2 mn in . The available-for-sale portfolio of First Foundation Bank showed an unrealized gain of $4.9 mn at ; the gain turned from a loss into a gain over the year.
First Foundation Bank: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 9.1%
First Foundation Bank: unrealized securities gains and losses
- Available for sale $5mn
- Held to maturity -$47mn
Profitability and loan quality
For the year to , First Foundation Bank earned a return on equity of -3.42%; return on assets: -0.31%. Net interest margin at First Foundation Bank: 1.24%, -0.57 pp in a year. First Foundation Bank net income: -$9.1 mn, down 217.7% year on year. The efficiency ratio of First Foundation Bank was 116.11%: about 116 cents cost per revenue dollar, against 65 cents at the median peer.
At , noncurrent loans were 0.54% of total loans at First Foundation Bank; net charge-offs: 1.15% of average loans. Gross loans and leases at First Foundation Bank: $6.5 bn at , against $9.0 bn at .
First Foundation Bank: profitability
- Return on equity -3.4%
- Net interest margin 1.2%
- Return on assets -0.3%
Peer group of First Foundation Bank
The peer group of First Foundation Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 2 share the charter type of First Foundation Bank (state nonmember bank) and 1 has its head office in California. Against them, First Foundation Bank shows CET1 ratio 15.27% against a peer median of 13.47%, return on equity -3.42% against a peer median of 10.53% and uninsured deposit share 20.34% against a peer median of 53.31%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Oriental Bank | State nonmember bank | PR | $12.0 bn | 13.17% | 16.07% | 51.91% | |
| Farmers and Merchants Bank of Long Beach | State member bank | CA | $11.9 bn | 18.23% | 5.45% | 54.72% | |
| Happen Bank | National bank | UT | $11.8 bn | 15.48% | 15.29% | 12.25% | |
| First Foundation Bank | State nonmember bank | CA | $11.3 bn | 15.27% | -3.42% | 20.34% | |
| Columbia Bank | Federal savings bank | NJ | $11.0 bn | 13.38% | 5.32% | 38.40% | |
| Stellar Bank | State member bank | TX | $10.9 bn | 13.56% | 7.75% | 59.03% | |
| Washington Trust Bank | State nonmember bank | WA | $10.7 bn | 11.97% | 13.31% | 56.74% | |
. FDIC Call Reports.
Last eight quarters
Two years at First Foundation Bank, to : assets $13.7 bn to $11.3 bn, deposits $10.8 bn to $8.8 bn, equity $1.1 bn to $1.1 bn. Staff 489 to 498.
| Metric | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $13.7 bn | $13.4 bn | $12.6 bn | $12.6 bn | $11.6 bn | $11.9 bn | $11.9 bn | $11.3 bn |
| Total deposits | $10.8 bn | $10.3 bn | $9.9 bn | $9.6 bn | $8.6 bn | $9.3 bn | $9.3 bn | $8.8 bn |
| Bank equity capital | $1.1 bn | $1.2 bn | $1.2 bn | $1.2 bn | $1.2 bn | $1.1 bn | $1.1 bn | $1.1 bn |
| CET1 ratio | 11.97% | 12.58% | 12.64% | 13.29% | 13.91% | 12.88% | 13.97% | 15.27% |
| Return on equity (ROE) | 0.91% | -9.19% | -7.78% | 2.59% | 0.39% | -15.39% | -11.65% | -3.42% |
| Uninsured share of domestic deposits | 22.69% | 21.73% | 24.25% | 24.25% | 22.38% | 20.39% | 19.83% | 20.34% |
| Full-time equivalent employees | 489 | 489 | 490 | 503 | 509 | 508 | 510 | 498 |
| Number of offices | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of First Foundation Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Community 1st Bank (FDIC certificate 58191).
- . Absorbed Premier Business Bank (FDIC certificate 58261).
- . Absorbed First Florida Integrity Bank (FDIC certificate 58532).
- . Merged into Sunflower Bank, National Association (FDIC certificate 4767).
Large one-quarter moves at First Foundation Bank
- Total assets at First Foundation Bank changed by +29.9% in the quarter to 2016-06-30, with no FDIC structure event in that quarter.
- Total assets at First Foundation Bank changed by +31.9% in the quarter to 2021-12-31: Absorbtion - Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from First Florida Integrity Bank.
Questions and identifiers
What were the total assets of First Foundation Bank?
First Foundation Bank reported $11.3 bn at in its Call Report.
Is First Foundation Bank the same as its holding company?
No. This page covers First Foundation Bank, FDIC certificate 58647; FIRST FOUNDATION INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is First Foundation Bank profitable?
First Foundation Bank reported net income of -$9.1 mn for the year to ; annualized return on equity: -3.42%. So no: First Foundation Bank made a loss over these months.
When is data for First Foundation Bank next updated?
First Foundation Bank no longer files Call Reports; its data ends at .
Where can I check the figures for First Foundation Bank?
In the FDIC BankFind Suite record for certificate 58647, and in the Call Reports of First Foundation Bank (RSSD ID 3637685) at the FFIEC Central Data Repository.