FDIC Certificate #: 33778 Status: Active Federal Reserve ID: 2017570 Date Established: Febuary 12, 1993 WWW:http://www.gebusinessmarketplace.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 48025 Numeric code: 23 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: Febuary 12, 1993 Last Structure Change Effective Date: November 06, 2009 Last Structure Change Process Date: November 06, 2009 Last Data Update: November 06, 2009 Data Source Date: April 05, 2012
Location
Address: 6510 Millrock Drive, Suite 200, Salt Lake City, UT 84121 County: Salt Lake Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Salt Lake City Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: West Metropolitan Statistical Area (MSA): Salt Lake City-Ogden, UT (#7160) Combined Statistical Area (CSA): Salt Lake City-Ogden-Clearfield, UT (#482) Core Based Statistical Area (CBSA): Salt Lake City, UT (#41620) CBSA Metro Statistical Area: Salt Lake City, UT (#41620)
History of Changes
Change in Location
Financial Summary
Total assets: $12,338.8 mil Equity capital: $1,989.4 mil Deposits held in domestic offices: $9,872.7 mil Return on assets (ROA): 3.06% ($377.6 mil) Quarterly return on assets: 2.32% ($286.3 mil) Return on Equity (ROE): 15.42% ($306.7 mil) Quarterly return on equity: 13.60% ($270.5 mil) Net income: $287.1 mil Quarterly Net income: $66.5 mil Pretax return on assets: 4.94% ($609,538.6 mil) Quarterly Pretax return on assets: 3.75% ($462,706.4 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
65Total employees (full-time equivalent)
$12,338,838Total assets
$1,554,108Cash and due from depository institutions
$1,486,479Interest-bearing balances
$75,482Securities
$0Federal funds sold & reverse repurchase agreements
$9,671,127Net loans & leases
$63,259Loan loss allowance
$0Trading account assets
$886Bank premises and fixed assets
$0Other real estate owned
$279,454Goodwill and other intangibles
$12,338,838Life insurance assets
$757,781All other assets
$10,349,456Total liabilities and capital
$9,872,652Total liabilities
$9,851,610Total deposits
$9,872,652Interest-bearing deposits
$97Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$216,077Trading liabilities
$0Other borrowed funds
$260,727Subordinated debt
$1,989,382All other liabilities
$1,989,382Total equity capital
$1,989,382Total bank equity capital
$0Perpetual preferred stock
$200Common stock
$1,647,211Surplus
$341,971Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$8,267Income earned, not collected on loans
$0Earning assets
$34,915Long-term assets (5+ years)
$11,233,088Average Assets, year-to-date
$1,023,549Average Assets, quarterly
$9,371,062Volatile liabilities
$11,440,282Insider loans
$11,424,712FHLB advances
$11,163,000Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$1,708,135Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$1,977,166Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$558,420Total interest income
$148,615Total interest expense
$409,805Net interest income
-$11,841Provision for loan and lease losses
$195,787Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$195,787Additional noninterest income
$154,953Total noninterest expense
$17,525Salaries and employee benefits
$840Premises and equipment expense
$136,588Additional noninterest expense
$462,480Pre-tax net operating income
$102Securities gains (losses)
$175,509Applicable income taxes
$287,073Income before extraordinary items
$0Extraordinary gains - net
$287,073Net income attributable to bank
$0Net charge-offs
$287,073Cash dividends
$1,248Sale, conversion, retirement of capital stock, net
$92,000Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.55%Yield on earning assets
1.74%Cost of funding earning assets
4.81%Net interest margin
2.30%Noninterest income to earning assets
1.82%Noninterest expense to earning assets
3.06%Net operating income to assets
3.06%Return on assets (ROA)
4.94%Pretax return on assets
15.42%Return on equity (ROE)
10.48%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
-948.80%Credit loss provision to net charge-offs
361.09%Efficiency ratio
25,587Assets per employee
189.83%Cash dividends to net income (YTD only)
Condition Ratios (%)
32.05%Loss allowance to loans
0.65%Loss allowance to noncurrent loans
765.20%Noncurrent assets plus other real estate owned to assets
0.07%Noncurrent loans to loans
0.08%Net loans and leases to deposits
97.96%Net loans and leases to core deposits
3325.35%Equity capital to assets
16.12%Core capital (leverage) ratio
15.30%Tier 1 risk-based capital ratio
14.95%Total risk-based capital ratio
Memoranda
$16Average assets
$9,371,062Average earning assets
$1,862,268Average equity
$8,521,754Average loans
List of branches
1 Utah Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
48025
Ge Capital Financial Inc.
6510 Millrock Drive, Suite 200, Salt Lake City, UT 84121
Febuary 12, 1993
Full Service Brick and Mortar
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