1st Century Bank
1st Century Bank is a California-based relationship-led bank serving high-net-worth individuals, business owners, and commercial clients. Now part of MidFirst Bank following a 2016 acquisition, it offers private, business, and commercial banking with local decision-making authority.
- Company typePrivate
- Founded2004
- HeadquartersLos Angeles, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What 1st Century Bank does
1st Century Bank is a California-based relationship-led private bank serving high-net-worth individuals, business owners, and established commercial organizations through three core service lines: Private Banking, Business Banking, and Commercial Banking. Its product suite spans deposits (checking, savings, money market, CDs, IRAs), lending (credit cards, personal and vehicle loans, equity loans, mortgages, business and commercial lending), business services (merchant services, treasury management, specialty banking, fund banking), and wealth services (private wealth management, trust services, investment services). Distribution is delivered through physical banking centers, online and mobile banking, digital wallet, and dedicated relationship bankers who handle personal, business, and commercial needs for each client. The bank was acquired by MidFirst Bank in 2016 — the largest privately owned bank in the United States — and now operates as part of MidFirst's California division, with MidFirst expanding into the San Francisco market in 2026 anchored by former First Republic Bank executives.
Revenue mechanics combine net interest income from deposit and lending products with fee and spread income from treasury management, merchant services, wealth management, and trust services. The go-to-market is sales-led and relationship-driven: each client is assigned a single dedicated banker empowered with local decision-making authority, supported by a horizontal segmentation approach across HNW, SMB, and commercial segments. The bank's core technology is a standard digital banking platform providing web and mobile account access, bill pay, fund transfer, mobile deposit, and digital wallet capabilities. There are no proprietary AI/ML features, no published APIs or SDKs, and no patent portfolio disclosed in the input. The firm is FDIC-insured and has 51-100 employees, reflecting a community-bank scale embedded within a much larger privately held parent franchise.
1st Century Bank firmographics
Firmographics- Name
- 1st Century Bank
- Legal name
- 1st Century Bank
- Website
- https://1cbank.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- 1st Century Bank is a California-based relationship-led bank serving high-net-worth individuals, business owners, and commercial clients. Now part of MidFirst Bank following a 2016 acquisition, it offers private, business, and commercial banking with local decision-making authority.
- Ownership category
- akta.pro rank
1st Century Bank industry classification
Industry- Product category
- Private and Commercial Banking
- NAICS
- Commercial Banking (52211), Offices of Bank Holding Companies (551111)
- SIC
- State Commercial Banks (6022), Commercial Banks, Nec (6029)
- akta.pro primary industry
- Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)
- akta.pro secondary industry
- Small Business Banking (Microbusiness/Sole Proprietor) (FSABAAAI)
Keywords
Where 1st Century Bank is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
1st Century Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure
Revenue model
- Private Banking Services: Personal banking services crafted around individual financial goals with experienced bankers and tailored solutions including checking, savings, credit cards, and wealth management.
- Business Banking Services: Practical, responsive banking for business owners including business checking, business savings, business investing, business card solutions, merchant services, and treasury management.
- Commercial Banking Services: Commercial financing and treasury solutions for established organizations including commercial lending, fund banking, and specialty banking services with local decision-making authority.
- Mortgage and Lending Products: Residential mortgages, personal and vehicle loans, and equity loans for individuals and businesses.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
1st Century Bank product offering
Product offeringCore offering
1st Century Bank is a Los Angeles-based banking institution providing private banking, business banking, and commercial banking services. It offers deposit accounts, lending, and relationship-based financial services to high-net-worth individuals, small-to-medium businesses, and established organizations. It now operates as part of MidFirst Bank following a 2016 acquisition.
Product overview
1st Century Bank operates as a full-service banking platform offering a comprehensive suite of personal, business, and commercial banking products. The bank provides Private Banking, Business Banking, and Commercial Banking as its three core service lines, supported by digital channels including Online and Mobile Banking and Digital Wallet. Deposit products include Checking Accounts, Savings and Money Market, and CDs and IRAs. Lending offerings encompass Credit Cards, Personal and Vehicle Loans, Equity Loans, and Mortgages. Business services include Merchant Services, Treasury Management, and Business Lending. Wealth management services cover Private Wealth Management, Trust Services, and Investment Services. The bank was acquired by MidFirst Bank in 2016 and serves California clients through a relationship-led banking model with local decision-making authority.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Banking Relationship-based private banking services for high-net-worth individuals, including deposit accounts, lending, and personalized financial services.
- Business Banking Banking services tailored for small-to-medium businesses, including deposit accounts, treasury, and lending solutions.
- Commercial Banking Commercial banking and lending services for established organizations and commercial clients.
Companies that use 1st Century Bank
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
1st Century Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
1st Century Bank partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights6 records
1st Century Bank competitors and assessment
Company assessmentBroad incumbents
- JPMorgan Chase: JPMorgan Chase is the largest U.S. bank offering comprehensive private banking, commercial, and wealth management services nationally. It overlaps broadly with 1st Century Bank's offerings but operates at vastly greater scale and across all segments.
- Bank of America: Bank of America is a national full-service bank with dedicated private bank, commercial banking, and wealth management divisions serving similar client segments. It is a broad incumbent competitor for HNW and commercial clients in California.
Direct peers
- City National Bank: City National Bank is a relationship-led private and commercial bank serving HNW individuals, entertainment, sports, and SMB clients across California and the West Coast. It is the closest comparable to 1st Century Bank / MidFirst California given its tailored banker model, wealth management integration, and California-centric footprint.
- East West Bank: East West Bank is a California-headquartered commercial bank with strong relationships to SMB and commercial clients, including specialty banking segments. Its California focus, commercial/specialty banking orientation, and mid-size scale make it highly comparable to MidFirst's California operations.
- First Foundation Bank: First Foundation Inc. operates First Foundation Bank, a California-based relationship bank serving HNW clients, business owners, and commercial clients through dedicated bankers and integrated wealth management. The HNW/private banking focus with dedicated banker model is directly analogous.
- Banc of California: Banc of California is a California-headquartered commercial bank serving businesses, venture-backed companies, and nonprofits, with strong SBA lending and treasury management capabilities. Its regional California focus and commercial banking orientation are highly comparable.
- Pacific Premier Bank: Pacific Premier Bank is a California-based commercial bank serving SMBs, professionals, and commercial clients through relationship-led bankers. Its focus on commercial lending, treasury, and specialty banking for middle-market clients closely mirrors the offering profile of 1st Century Bank.
- Luther Burbank Savings: Luther Burbank Savings is a California community bank serving commercial, business, and consumer clients with relationship-led banking and specialty mortgage products. Its California concentration and commercial banking focus offer a comparable mid-size regional profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
1st Century Bank social profiles
Digital presence1st Century Bank compliance and trust
Trust signalCompliance1 record
1st Century Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
1st Century Bank leadership team
Management profileNumber of profiles
1st Century Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
1st Century Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 1st Century Bank
What does 1st Century Bank do?
1st Century Bank is a Los Angeles-based banking institution providing private banking, business banking, and commercial banking services. It offers deposit accounts, lending, and relationship-based financial services to high-net-worth individuals, small-to-medium businesses, and established organizations. It now operates as part of MidFirst Bank following a 2016 acquisition.
Is 1st Century Bank a public or private company?
1st Century Bank is a private company. It is classified as corporate owned and is currently acquired.
When was 1st Century Bank founded?
1st Century Bank was founded in 2004. It employs 51 to 100 people.
Where is 1st Century Bank based?
1st Century Bank is headquartered in Los Angeles, United States, in the North America region.
How does 1st Century Bank make money?
Four revenue lines are on record. Private Banking Services are the primary driver. The others are business Banking Services, commercial Banking Services and mortgage and Lending Products.
Who are 1st Century Bank's main competitors?
Broad incumbents on record are JPMorgan Chase and Bank of America. Direct peers are City National Bank, East West Bank, First Foundation Bank, Banc of California, Pacific Premier Bank and Luther Burbank Savings.
Does 1st Century Bank have an API?
No public API is recorded for 1st Century Bank.
What industry is 1st Century Bank in?
1st Century Bank's product category is Private and Commercial Banking. Its primary akta.pro industry code is FSABAAAE, Branch & In-Person Banking (Teller/ATM Networks), with a secondary code of FSABAAAI, Small Business Banking (Microbusiness/Sole Proprietor). Its NAICS code is 52211 and its SIC code is 6022.