FDIC Certificate #: 58556 Status: Active Federal Reserve ID: 3593307 Bank Holding Company (Regulatory Top Holder): Gc Bancorp, Inc. (RSSDID: 3593295, Location: Chicago, IL) Date Established: June 04, 2007 WWW:http://www.goldcoastbank.net 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 #: 456223 Numeric code: 21 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: June 04, 2007 Last Structure Change Effective Date: May 23, 2011 Last Structure Change Process Date: May 23, 2011 Last Data Update: May 23, 2011 Data Source Date: April 05, 2012
Location
Address: 1201 N. Clark Street, Suite 204, Chicago, IL 60610 County: Cook Quarterly Banking Profile Region: Chicago FDIC Geographic Region: Chicago FDIC Supervisory Region: Chicago FDIC Field Office: Chicago Office of the Comptroller the Currency (OCC) District: Central Office of Thrift Supervision Region: Central Metropolitan Statistical Area (MSA): Chicago, IL (#1600) Consolidated Metropolitan Statistical Area (CMSA): Chicago-Gary-Kenosha, IL-IN-WI (#14) Combined Statistical Area (CSA): Chicago-Naperville-Michigan City, IL-IN-WI (#176) Core Based Statistical Area (CBSA): Chicago-Joliet-Naperville, IL-IN-WI (#16980) CBSA Metro Statistical Area: Chicago-Joliet-Naperville, IL-IN-WI (#16980) Core Based Statistical Division: Chicago-Joliet-Naperville, IL (#16974)
Financial Summary
Total assets: $207.9 mil Equity capital: $20.1 mil Deposits held in domestic offices: $174.9 mil Return on assets (ROA): 0.95% ($2.0 mil) Quarterly return on assets: 1.63% ($3.4 mil) Return on Equity (ROE): 9.96% ($2.0 mil) Quarterly return on equity: 16.88% ($3.4 mil) Net income: $1.8 mil Quarterly Net income: $0.8 mil Pretax return on assets: 1.32% ($2,743.8 mil) Quarterly Pretax return on assets: 1.63% ($3,388.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
31Total employees (full-time equivalent)
$207,867Total assets
$13,335Cash and due from depository institutions
$2,217Interest-bearing balances
$0Securities
$0Federal funds sold & reverse repurchase agreements
$187,410Net loans & leases
$8,120Loan loss allowance
$0Trading account assets
$82Bank premises and fixed assets
$1,360Other real estate owned
$0Goodwill and other intangibles
$207,867Life insurance assets
$5,680All other assets
$187,782Total liabilities and capital
$174,853Total liabilities
$168,199Total deposits
$174,853Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$12,500Trading liabilities
$0Other borrowed funds
$429Subordinated debt
$20,085All other liabilities
$20,085Total equity capital
$20,085Total bank equity capital
$0Perpetual preferred stock
$800Common stock
$15,920Surplus
$3,365Undivided profits
Memoranda
$0Noncurrent loans and leases
$14,097Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,775Income earned, not collected on loans
$0Earning assets
$696Long-term assets (5+ years)
$189,627Average Assets, year-to-date
$27,237Average Assets, quarterly
$193,308Volatile liabilities
$203,657Insider loans
$160,568FHLB advances
$194,930Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$20,085Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$13,489Restructured Loans and leases
$4,018Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$11,074Total interest income
$2,569Total interest expense
$8,505Net interest income
$2,450Provision for loan and lease losses
$2,500Total noninterest income
$0Fiduciary activities
$40Service charges on deposit accounts
$0Trading account gains & fees
$2,460Additional noninterest income
$5,995Total noninterest expense
$3,825Salaries and employee benefits
$260Premises and equipment expense
$1,910Additional noninterest expense
$2,560Pre-tax net operating income
$0Securities gains (losses)
$726Applicable income taxes
$1,834Income before extraordinary items
$0Extraordinary gains - net
$1,834Net income attributable to bank
$0Net charge-offs
$1,834Cash dividends
$772Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.48%Yield on earning assets
1.50%Cost of funding earning assets
4.98%Net interest margin
1.46%Noninterest income to earning assets
3.51%Noninterest expense to earning assets
0.95%Net operating income to assets
0.95%Return on assets (ROA)
1.32%Pretax return on assets
9.96%Return on equity (ROE)
9.96%Retained earnings to average equity (YTD only)
0.44%Net charge-offs to loans
317.36%Credit loss provision to net charge-offs
6.49%Efficiency ratio
54,475Assets per employee
6.71%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.15%Loss allowance to noncurrent loans
215.10%Noncurrent assets plus other real estate owned to assets
2.47%Noncurrent loans to loans
1.93%Net loans and leases to deposits
107.18%Net loans and leases to core deposits
169.44%Equity capital to assets
9.66%Core capital (leverage) ratio
10.30%Tier 1 risk-based capital ratio
12.51%Total risk-based capital ratio
Memoranda
$14Average assets
$193,308Average earning assets
$18,407Average equity
$170,842Average loans
List of branches
1 Illinois Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
456223
Gold Coast Bank
1201 N. Clark Street, Suite 204, Chicago, IL 60610
June 04, 2007
Full Service Brick and Mortar
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