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RBB Bancorp

RBB Bancorp is a bank holding company that operates Royal Business Bank, a California state-chartered commercial bank. The bank provides commercial banking...

RBB Bancorp

RBB Bancorp is a bank holding company that operates Royal Business Bank, a California state-chartered commercial bank. The bank provides commercial banking services such as commercial real estate loans, secured commercial and industrial loans, and trade finance services. It also offers checking and savings accounts, credit cards, and lending products to real estate, small business, and individual clients.

Website
rbbusa.com

General information

Firm type

other

Year founded

2008

Location

Region

North America

Country

United States

City

Los Angeles

Corporate office

Los Angeles, CA, United States

Principals

David Morris

Chief Executive Officer

Sector focus

Banking & Financial Services

Frequently asked questions

Who runs investment decisions at RBB Bancorp?

David Morris, the CEO, operates within the standard governance of a publicly traded community bank. Lending decisions are carried out by the bank's credit administration and regional lending teams under board-level risk parameters. As a depository institution, the bank's 'investment' decisions are largely confined to its loan portfolio and securities book, governed by ALCO policy rather than a sole CIO.

Is RBB Bancorp structured as a family office or does it operate more like a venture firm?

Neither. RBB Bancorp is a Nasdaq-listed bank holding company. Its subsidiary, Royal Business Bank, is a federally chartered savings bank and minority depository institution. It is not a family office or an asset manager, and it does not deploy third-party capital into venture-style deals.

Does RBB Bancorp participate in fund commitments or only direct deals?

RBB Bancorp does not make fund commitments. Its capital is deployed through direct lending, primarily in commercial real estate and C&I loans. The bank also originates SBA 7(a) loans, which it may sell into the secondary market for gain-on-sale income.

What is RBB Bancorp's known posture on co-investments alongside external GPs?

As a commercial bank, RBB Bancorp generally does not participate in co-investments alongside external general partners. Its participation in credit facilities typically involves senior secured lending positions rather than equity co-investments.

What is the geographic concentration risk in RBB Bancorp's loan book?

The bulk of the loan book is concentrated in California, with additional exposure in New York and Nevada. A significant portion of the commercial real estate portfolio is tied to retail and office properties in Southern California, making the bank sensitive to regional economic downturns and CRE repricing.

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