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Last updated: 22 July 2021 at 7:27pm EST

Fred Jensen Net Worth




The estimated Net Worth of Fred Jensen is at least $282 Thousand dollars as of 11 June 2020. Mr. Jensen owns over 10,000 units of First Choice Bancorp stock worth over $25,870 and over the last 5 years he sold FCBP stock worth over $147,900. In addition, he makes $108,618 as Independent Director at First Choice Bancorp.

Mr. Jensen FCBP stock SEC Form 4 insiders trading

Fred has made over 1 trades of the First Choice Bancorp stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of FCBP stock worth $147,900 on 11 June 2020.

The largest trade he's ever made was selling 10,000 units of First Choice Bancorp stock on 11 June 2020 worth over $147,900. On average, Fred trades about 2,500 units every 0 days since 2020. As of 11 June 2020 he still owns at least 889 units of First Choice Bancorp stock.

You can see the complete history of Mr. Jensen stock trades at the bottom of the page.





Fred Jensen biography

Fred D. Jensen serves as Independent Director of the Company. Mr. Jensen has served as a Director of First Choice Bank since May 2014, and as a Director of First Choice since inception in September 2017. Mr. Jensen has been extensively involved in the banking industry for over 40 years. In 2005, Mr. Jensen was a Director and Audit Committee Chairman and Member of Loan Committee of Beach Business Bank in Manhattan Beach, California until it was sold to First PacTrust Bancorp in 2012, after which he served as Director and Audit Committee Chairman and Member of Loan Committee until 2013. He previously held several positions in senior management and on boards of directors of commercial banks including Security Pacific Bank, Los Angeles (1999-2005), First Bank and Trust, Irvine (Formerly Queen City Bank) (1995-1999), Aktiv Bank Holding Bank, Long Beach, (1982-1992), National Bank of Long Beach, Long Beach (1980-1992), American City Bank, Los Angeles (1971-1979), and Union Bank (1966-1971). Mr. Jensen has also served as Director of California Bankers Insurance Services; Chairman of Bank Group California; Director of the Federal Reserve Bank of San Francisco, Los Angeles Branch from 1987-1993; and President of the California Bankers Association in 1992. Mr. Jensen is an active member of the Long Beach community, as President and Director of Long Beach Area Certified Development Corporation, Director of the Aquarium of the Pacific, as well as Trustee for both the Long Beach Memorial Medical Center Foundation, and Boys and Girls Clubs of Long Beach. Mr. Jensen also previously served as a member of the Advisory Board of the California State University Long Beach, School of Business Administration.

What is the salary of Fred Jensen?

As the Independent Director of First Choice Bancorp, the total compensation of Fred Jensen at First Choice Bancorp is $108,618. There are 6 executives at First Choice Bancorp getting paid more, with Robert Franko having the highest compensation of $977,393.



How old is Fred Jensen?

Fred Jensen is 82, he's been the Independent Director of First Choice Bancorp since 2017. There are no older and 9 younger executives at First Choice Bancorp.

What's Fred Jensen's mailing address?

Fred's mailing address filed with the SEC is 17785 CENTER COURT DRIVE, SUITE 750, CERRITOS, CA, 90703.

Insiders trading at First Choice Bancorp

Over the last 5 years, insiders at First Choice Bancorp have traded over $409,384 worth of First Choice Bancorp stock and bought 117,782 units worth $2,375,727 . The most active insiders traders include Peter Hui, Lynn M Hopkins, and Pravin Pranav. On average, First Choice Bancorp executives and independent directors trade stock every 9 days with the average trade being worth of $64,457. The most recent stock trade was executed by Pravin Pranav on 27 May 2021, trading 1,498 units of FCBP stock currently worth $48,026.



What does First Choice Bancorp do?

First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of and the registered bank holding company for, First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $2.28 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based financial institution that serves primarily commercial and consumer clients in diverse communities and specializes in loans to small- to medium-sized businesses and private banking clients, commercial and industrial loans, and commercial real estate loans. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. First Choice Bank conducts business through eight full-service branches and two loan production offices located in Los Angeles, Orange and San Diego Counties. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable its customers to grow, maintain strength, and achieve their business objectives. The bank strives to surpass its clients' expectations through its efficiency, personalized services and financial solutions and professionalism and are committed to being 'First in Speed, Service, and Solutions.' First Choice Bank is a strong believer in social justice and equality and is proud of its cultural- and gender-diverse workforce. As of December 31, 2020, more than 74% of the Company's total workforce identified as ethnic minorities and more than 66% of its workforce and more than 50% of its senior management identified as female.



What does First Choice Bancorp's logo look like?

First Choice Bancorp logo

Complete history of Mr. Jensen stock trades at First Choice Bancorp

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
11 Jun 2020 FCBP First Choice Bancorp Fred Jensen
Sale 10,000 $14.79 $147,900
11 Jun 2020
889 ↗


First Choice Bancorp executives and stock owners

First Choice Bancorp executives and other stock owners filed with the SEC include: