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FCBP First Choice Bancorp

First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of and the registered bank holding company for, First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $2.28 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based financial institution that serves primarily commercial and consumer clients in diverse communities and specializes in loans to small- to medium-sized businesses and private banking clients, commercial and industrial loans, and commercial real estate loans. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. First Choice Bank conducts business through eight full-service branches and two loan production offices located in Los Angeles, Orange and San Diego Counties. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable its customers to grow, maintain strength, and achieve their business objectives. The bank strives to surpass its clients' expectations through its efficiency, personalized services and financial solutions and professionalism and are committed to being 'First in Speed, Service, and Solutions.' First Choice Bank is a strong believer in social justice and equality and is proud of its cultural- and gender-diverse workforce. As of December 31, 2020, more than 74% of the Company's total workforce identified as ethnic minorities and more than 66% of its workforce and more than 50% of its senior management identified as female.

Company profile

Ticker
FCBP
Exchange
CEO
Robert M. Franko
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Subsidiaries
PCB Real Estate Holding LLC ...

FCBP stock data

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Calendar

10 May 21
21 Oct 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
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Dec 20 Dec 19 Dec 18
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Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
21 Jul 21 May Leonard Common Stock Sale back to company Dispose D Yes No 0 7,669.418 0 0
21 Jul 21 May Leonard Common Stock Sale back to company Dispose D No No 0 7,423.565 0 0
21 Jul 21 May Leonard Common Stock Payment of exercise Dispose F No No 29.06 1,782 51.78K 7,423.565
21 Jul 21 May Leonard Stock Options Common Stock Sale back to company Dispose D No No 0 21,632 0 0
21 Jul 21 Maizel Luis Common Stock Sale back to company Dispose D Yes No 0 9,686.084 0 0
21 Jul 21 Maizel Luis Common Stock Sale back to company Dispose D Yes No 0 29,830.998 0 0
21 Jul 21 Maizel Luis Common Stock Sale back to company Dispose D No No 0 3,147.32 0 0
21 Jul 21 Maizel Luis Stock Options Common Stock Sale back to company Dispose D No No 0 7,977 0 0
21 Jul 21 Jensen Fred Common Stock Sale back to company Dispose D Yes No 0 889 0 0
21 Jul 21 Jensen Fred Common Stock Sale back to company Dispose D No No 0 13,592 0 0

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

41.5% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 67 58 +15.5%
Opened positions 19 10 +90.0%
Closed positions 10 2 +400.0%
Increased positions 16 16
Reduced positions 20 20
13F shares
Current Prev Q Change
Total value 149.55M 617.33M -75.8%
Total shares 4.91M 4.04M +21.4%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
BLK Blackrock 598.4K $18.22M -12.8%
Alliancebernstein 539.63K $16.43M -3.8%
Vanguard 490.62K $14.94M +1.0%
Banc Funds 480.42K $14.63M -17.8%
Magnetar Financial 258.5K $7.87M NEW
Chicago Capital Management 188.65K $5.74M NEW
STT State Street 169.59K $5.16M +7.4%
Geode Capital Management 167.11K $5.09M +19.0%
Dimensional Fund Advisors 155.49K $4.74M +20.3%
Emerald Mutual Fund Advisers Trust 131.42K $4M 0.0%
Largest transactions
Shares Bought/sold Change
Magnetar Financial 258.5K +258.5K NEW
Chicago Capital Management 188.65K +188.65K NEW
Context BH Capital Management 0 -172.08K EXIT
Highland Capital Management Fund Advisors 112.13K +112.13K NEW
Yakira Capital Management 107.58K +107.58K NEW
Banc Funds 480.42K -103.85K -17.8%
BLK Blackrock 598.4K -88K -12.8%
Gardner Lewis Asset Management L P 78.12K +78.12K NEW
Ergoteles 77.23K +77.23K NEW
Keebeck Alpha 65.87K +65.87K NEW

Financial report summary

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Management Discussion
  •     The purpose of this management's discussion and analysis of financial condition and results of operations ("MD&A") is to focus on information about our condensed consolidated financial condition at March 31, 2021 and December 31, 2020, and our condensed consolidated results of operations for the quarters ended March 31, 2021, December 31, 2020, and March 31, 2020. Our condensed consolidated financial statements and the accompanying notes appearing elsewhere in this report, and our Annual Report on Form 10-K for the year ended December 31, 2020, should be read in conjunction with this MD&A.
  •     In addition to the historical information, this Quarterly Report on Form 10-Q includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding management’s beliefs, projections and assumptions concerning future results and events. Forward-looking statements include descriptions of management’s plans or objectives for future operations, products or services, and forecasts of the Company’s revenues, earnings or other measures of economic performance. These forward-looking statements involve risks and uncertainties and are based on management's beliefs and assumptions and on the information available to management at the time that this report was prepared and can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words or phrases such as "aim," "can," "may," "could," "predict," "should," "will," "would," "believe," "anticipate," "estimate," "expect," "hope," "intend," "plan," "potential," "project," "will likely result," "continue," "seek," "shall," "possible," "projection," "optimistic," and "outlook," and variations of these words and similar expressions or the negative version of those words or phrases.
  • Forward-looking statements involve substantial risks and uncertainties, many of which are difficult to predict and are generally beyond our control. There are many factors that could cause actual results to differ materially from those contemplated by these forward-looking statements. Risks and uncertainties that could cause our financial performance to differ materially from our goals, plans, expectations and projections expressed in forward-looking statements include those set forth in our filings with the SEC, Item 1A of our Annual Report on Form 10-K, and the following:
Content analysis
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H.S. freshman Avg
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