| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
10 |
| Employees |
80 |
| Revenues (TTM) (Millions $) |
20 |
| Net Income (TTM) (Millions $) |
3 |
| Cash Flow (TTM) (Millions $) |
-8 |
| Capital Exp. (TTM) (Millions $) |
1 |
Business Description
1st Century Bancshares, Inc. is a financial holding company based in Los Angeles, California. It operates as a bank holding company for its subsidiary, 1st Century Bank, which offers a range of banking products and services to businesses, professionals, and individuals.
The company provides various deposit accounts, including checking, savings, and money market accounts, as well as certificates of deposit. It also offers commercial and industrial loans, commercial real estate loans, construction and land development loans, and residential real estate loans.
1st Century Bancshares, Inc. focuses on serving small to medium-sized businesses and professionals in the Southern California region. It prides itself on providing personalized and responsive customer service to meet the financial needs of its clientele.
In 2021, 1st Century Bancshares, Inc. announced its acquisition by MidFirst Bank, a privately held bank based in Oklahoma City. The acquisition is expected to strengthen and expand the services provided by 1st Century Bank to its customers.
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