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Our Bank

Investor relations

First Nova Bank is a relationship-based community bank focused on providing business banking and treasury management services to small, middle-market, and venture-backed businesses.

1st Quarter 2023 results

Our results at a glance

We provide a summary of our results that is available for your review each quarter in our financial fact sheet. You can view and download a copy here or from our investor website.

  • $44.3B
    total average assets
  • $25.7B
    total average loans
  • $28.2B
    total average deposits

We are a relationship bank

First Nova Bank provides lending, deposit and treasury management services to small and medium-sized businesses through our California-based branch offices. We offer additional products and solutions through our national lending and venture banking groups. We also provide a suite of services for Homeowners Associations and their members.

We have 67 full-service branches located in California, with one in Denver, Colorado and another in Durham, North Carolina.

First Nova Bank is the wholly-owned subsidiary of PacWest Bancorp (PACW: NASDAQ).

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Governance practices

Skilled, experienced and independent

We're proud to share our Board of Directors corporate governance profile relating to director appointments and tenure:

  • All Board committees chaired by independent directors
  • Majority independent directors
  • Annual election of directors
  • Stock ownership guidelines for directors
  • Annual Board and committee self-assessments
Green Investing and Lending

Banking on the future

We engage with clients that support and promote environmental sustainability as a key pillar of their business strategies. Our environmentally-focused clients include operating companies and venture capital firms that invest in sustainable companies.

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Arborview Capital Partners

Arborview Capital partners with high quality management teams building a more environmentally sound, resource efficient future.

  • U.N. Sustainable Development Goal #7 Affordable and Clean Energy
  • U.N. Sustainable Development Goal #12 Responsible Consumption and Production
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Reduce Reuse Grow

Reduce Reuse Grow is an environmental restoration company that offers eco-friendly services such as resource offsetting and sustainable packaging.

  • U.N. Sustainable Development Goal #15 Life on Land
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LA Conservation Corps

LA Conservation Corps provides environmentally-focused job training, educational opportunities and support services to youth and young adults.

  • U.N. Sustainable Development Goal #8 Decent Work and Economic Growth
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We empower change

As we continue implementing our ESG strategic plan we have made meaningful progress in furthering our positive impact on you and your communities.

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