Gibraltar Private Bank & Trust Co. in Coral Gables, Florida (FL), NY
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Gibraltar Private Bank & Trust Co. in Coral Gables, Florida (FL), NY
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Gibraltar Private Bank & Trust Co. - Overview

  • General
  • FDIC Certificate #: 32212
    Status: Active
    Federal Reserve ID: 623771
    Date Established: May 09, 1984
    WWW: http://www.gibraltarprivate.com
    Trust Powers Granted: Yes
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 8 (Domestic: 8, Interstate: Yes)
    OTS Docket #: 8007
    FDIC's unique #: 45046
    Numeric code: 33
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    FDIC Insured: Yes
    Insured Savings Institution: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 09, 1984
    Last Structure Change Effective Date: July 21, 2011
    Last Structure Change Process Date: July 21, 2011
    Last Data Update: July 21, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 220 Alhambra Circle, Fifth Floor, Coral Gables, FL 33134
    County: Miami-Dade
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Miami, FL (#5000)
    Consolidated Metropolitan Statistical Area (CMSA): Miami-Fort Lauderdale, FL (#56)
    Core Based Statistical Area (CBSA): Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
    CBSA Metro Statistical Area: Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
    Core Based Statistical Division: Miami-Miami Beach-Kendall, FL (#33124)
  • History of Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $1,629.0 mil
    Equity capital: $145.7 mil
    Deposits held in domestic offices: $1,332.7 mil
    Return on assets (ROA): -0.50% (-$8.1 mil)
    Quarterly return on assets: -1.87% (-$30.5 mil)
    Return on Equity (ROE): -5.48% (-$8.0 mil)
    Quarterly return on equity: -20.48% (-$29.9 mil)
    Net income: -$8.3 mil
    Quarterly Net income: -$7.6 mil
    Pretax return on assets: -0.83% (-$13,520.9 mil)
    Quarterly Pretax return on assets: -3.15% (-$51,314.4 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
  • 295Total employees (full-time equivalent)
  • $1,629,028Total assets
  • $187,182Cash and due from depository institutions
  • $163,645Interest-bearing balances
  • $102,286Securities
  • $427Federal funds sold & reverse repurchase agreements
  • $1,279,015Net loans & leases
  • $27,657Loan loss allowance
  • $0Trading account assets
  • $2,844Bank premises and fixed assets
  • $5,059Other real estate owned
  • $4,321Goodwill and other intangibles
  • $1,629,028Life insurance assets
  • $47,894All other assets
  • $1,483,336Total liabilities and capital
  • $1,332,709Total liabilities
  • $1,185,672Total deposits
  • $1,332,709Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $135,374Trading liabilities
  • $0Other borrowed funds
  • $15,253Subordinated debt
  • $145,692All other liabilities
  • $145,692Total equity capital
  • $145,692Total bank equity capital
  • $0Perpetual preferred stock
  • $14Common stock
  • $328,908Surplus
  • $-183,230Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $96,174Income earned, not collected on loans
  • $0Earning assets
  • $4,743Long-term assets (5+ years)
  • $1,545,373Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $1,659,406Volatile liabilities
  • $1,636,584Insider loans
  • $1,027,770FHLB advances
  • $1,625,645Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $142,309Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $129,527Restructured Loans and leases
  • $217Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $74,461Total interest income
  • $15,727Total interest expense
  • $58,734Net interest income
  • $12,495Provision for loan and lease losses
  • $5,038Total noninterest income
  • $0Fiduciary activities
  • $1,670Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,368Additional noninterest income
  • $65,278Total noninterest expense
  • $29,956Salaries and employee benefits
  • $9,421Premises and equipment expense
  • $25,901Additional noninterest expense
  • -$14,001Pre-tax net operating income
  • $235Securities gains (losses)
  • -$5,474Applicable income taxes
  • -$8,292Income before extraordinary items
  • $0Extraordinary gains - net
  • -$8,292Net income attributable to bank
  • $0Net charge-offs
  • -$8,292Cash dividends
  • $13,494Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.78%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 3.77%Net interest margin
  • 0.32%Noninterest income to earning assets
  • 4.19%Noninterest expense to earning assets
  • -0.51%Net operating income to assets
  • -0.50%Return on assets (ROA)
  • -0.83%Pretax return on assets
  • -5.48%Return on equity (ROE)
  • -5.48%Retained earnings to average equity (YTD only)
  • 0.98%Net charge-offs to loans
  • 92.60%Credit loss provision to net charge-offs
  • -0.11%Efficiency ratio
  • 97,819Assets per employee
  • 5.52%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.12%Loss allowance to noncurrent loans
  • 28.76%Noncurrent assets plus other real estate owned to assets
  • 6.21%Noncurrent loans to loans
  • 7.36%Net loans and leases to deposits
  • 95.97%Net loans and leases to core deposits
  • 118.74%Equity capital to assets
  • 8.94%Core capital (leverage) ratio
  • 8.75%Tier 1 risk-based capital ratio
  • 13.85%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $1,659,406Average earning assets
  • $151,219Average equity
  • $1,558,769Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $587,257Managed Assets
  • 1Number of Accounts
  • $586,178Personal trust and agency accounts
  • $236,280Employee benefit-defined contribution accounts
  • $4,521Employee benefit-defined benefit accounts
  • $10,169Other retirement accounts
  • $80,102Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $229,680Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $25,426Non-managed Assets
  • 1112Number of Accounts
  • $0Personal trust and agency accounts
  • $80,102Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $1,079Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $1,079Fiduciary accounts held in foreign offices

List of branches

  • 7 Florida Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    045046Gibraltar Private Bank & Trust Co.220 Alhambra Circle, Fifth Floor, Coral Gables, FL 33134May 09, 1984Full Service Brick and Mortar
    105287191Downtown Branch200 S. Biscayne Boulevard, Suite 2850, Miami, FL 33131March 06, 1995Full Service Brick and Mortar
    106287192San Ignacio Avenue Branch1575 San Ignacio Avenue, Coral Gables, FL 33146Febuary 17, 1995Full Service Brick and Mortar
    108287194Ocean Reef Branch35 Ocean Reef Drive, Suite 100, Key Largo, FL 33037August 10, 1998Full Service Brick and Mortar
    109365760Fort Lauderdale Branch450 E. Las Olas Boulevard, Ste. 180, Fort Lauderdale, FL 33301August 27, 2002Full Service Brick and Mortar
    110464416Naples Branch5551 Ridgewood Drive, Suite 100, Naples, FL 34108December 01, 2005Full Service Brick and Mortar
    112517931Miami Beach Branch400 Arthur Godfrey Road, Suite 506, Miami Beach, FL 33140May 03, 2010Full Service Brick and Mortar
  • 1 New York Branch as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    111495854Park Ave Branch280 Park Avenue, 2nd Floor East, New York, NY 10017November 01, 2006Full Service Brick and Mortar

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