First Vietnamese American Bank in Westminster set new loss record!

According to FDIC https://cdr.ffiec.gov/Public/ViewFacsimileDirect.aspx?ds=call&idType=fdiccert&id=57885&date=09302010  First Vietnamese American Bank (FVAB) in Westminster, California lost a record $1.951 million. This left FVAB with $611K in Tier 1 capital; a 1.15% Tier 1 leverage ratio and a 1.57% Tier 1 risk-based capital ratio.