Altos Bank
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Data as of · sourced from FFIEC call reports. How we update
Altos Bank is an FDIC-insured commercial bank headquartered in Los Altos, CA, established in 2024 (FDIC certificate 59339), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $68.8M, the 112th largest of 113 banks headquartered in California. It reports no CET1 ratio; its Tier 1 leverage ratio was 28.45% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 59339
- Headquarters
- Los Altos, CA
- Established
- 2024
- Total assets, Q2 2026
- $68.8M
- Tier 1 leverage ratio, Q2 2026
- 28.45%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 121145491
- Asset rank in state
- 112th of 113 in California
Altos Bank, based in Los Altos, California, reported $69 million in assets at June 30, 2026, against $41 million a year earlier. It is losing 26.4% a year on shareholders' equity, lower than about 9 in 10 of the 583 banks with less than $100 million in assets (median 8.6%). On the other hand, it carries problem assets equal to 0.0% of the capital and reserves that would absorb them, lower than about 9 in 10 banks its size (median 1.4%).
It lost $1.2 million in the quarter. Concentration is the risk to watch: it holds commercial real estate loans worth 0.9 times its capital, about triple the median of 26% for banks its size.
As of June 30, 2026, Altos Bank reported a return on assets of -7.77%, a nonperforming-loan ratio of 0.00% and a Texas ratio of 0.00%. The figures come from its call report filed with the FFIEC.
Altos Bank ranks as the 112th largest of the 113 banks based in California, by total assets at Q2 2026. From Q1 2026 to Q2 2026, its total assets rose 19.8% to $68.8M, loans rose 28.2% and deposits rose 33.9%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 41.1% of total loans, ahead of owner-occupied commercial real estate loans at 26.8%. The FDIC Summary of Deposits lists a single office for it, in Los Altos, CA. Judged on its Q2 2026 call report, Altos Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 467 1st St, Los Altos, CA 94022
- County
- Santa Clara
- Metro Area
- San Jose-Sunnyvale-Santa Clara, CA
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- November 25, 2024
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 25
- Domestic deposits
- $50.1M
- Allowance for credit losses
- $497K
- Net charge-offs (YTD)
- $0
- Average total assets
- $61.0M
- Average total loans
- $33.3M
- Average interest-bearing deposits
- $28.6M
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- November 25, 2024
- FDIC Cert
- 59339
- Fed RSSD
- 5861541
- Website
- www.altosbank.com →
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Altos Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 6 quarters to Q2 2026, Altos Bank's total assets ran between $28.6M (Q1 2025) and $68.8M (Q2 2026), and it posted no profit in any of the 6 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$68.8M total assets against $40.8M; $51.4M total liabilities against $18.8M.
$38.2M net loans and leases against $7.3M; $50.1M total deposits against $17.4M.
$1.5M securities against $0; $27.7M cash and balances due against $32.1M.
$827K total interest income against $353K; $179K total interest expense against $32K.
$648K net interest income against $321K.
$302K total noninterest income against $1K; $2.0M total noninterest expense against $1.3M.
$141K provision for credit losses against $93K.
-$1.2M net income against -$1.1M.
-7.77% return on assets against -13.21%; 4.32% net interest margin against 4.19%.
28.45% tier 1 leverage ratio against 67.42%.
Inside the full Altos Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeQuarterly trend: last 7 quarters
Across the 7 quarters to Q2 2026, its return on assets ran from -76.93% (Q4 2024) to -7.77% (Q2 2026) and its net interest margin ran from 2.32% (Q4 2024) to 4.36% (Q1 2025).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 28.45% | -7.77% | 0.00% | 0.00% | 4.32% |
| Q1 2026 | 33.44% | -9.85% | 0.00% | 0.00% | 3.86% |
| Q4 2025 | 44.77% | -12.21% | 0.00% | 0.00% | 3.84% |
| Q3 2025 | 52.58% | -9.61% | 0.00% | 0.00% | 4.20% |
| Q2 2025 | 67.42% | -13.21% | 0.00% | 0.00% | 4.19% |
| Q1 2025 | 85.74% | -15.16% | — | 0.00% | 4.36% |
| Q4 2024 | 85.41% | -76.93% | — | 0.00% | 2.32% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Altos Bank (main office) | Los Altos , CA | 94022 | $50.1M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in CA, rank 159 of 164 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Altos Bank
What are Altos Bank's total assets?
As of the Q2 2026 filing, Altos Bank reported total assets of $68.8 million in its FFIEC call report.
Where is Altos Bank headquartered?
It is headquartered in Los Altos, CA, United States.
When was Altos Bank founded?
It was established in 2024, per the FDIC institution directory.
Is Altos Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #59339). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Altos Bank?
Altos Bank's primary federal regulator is the FDIC.
How many branches does Altos Bank operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Altos Bank's Texas Ratio?
Its Texas Ratio is 0.00% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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