Great Lakes Bankers Bank in Worthington, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


Great Lakes Bankers Bank - Overview

  • General
  • FDIC Certificate #: 24493
    Status: Active
    Federal Reserve ID: 155517
    Bank Holding Company (Regulatory Top Holder): Bankers Bancshares, Inc. (RSSDID: 3113349, Location: Worthington, OH)
    Date Established: May 23, 1983
    WWW: http://www.greatlakesbb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 17020
    Numeric code: 13
    Regulator: FED
    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: May 23, 1983
    Last Structure Change Effective Date: August 30, 2010
    Last Structure Change Process Date: December 09, 2010
    Last Data Update: December 09, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 West Wilson Bridge Road, Suite 220, Worthington, OH 43085
    County: Franklin
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $95.2 mil
    Equity capital: $9.4 mil
    Deposits held in domestic offices: $76.8 mil
    Return on assets (ROA): 0.19% ($0.2 mil)
    Quarterly return on assets: 0.33% ($0.3 mil)
    Return on Equity (ROE): 2.04% ($0.2 mil)
    Quarterly return on equity: 3.36% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.23% ($218.9 mil)
    Quarterly Pretax return on assets: 0.34% ($323.5 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
  • 15Total employees (full-time equivalent)
  • $95,153Total assets
  • $25,677Cash and due from depository institutions
  • $20,293Interest-bearing balances
  • $24,061Securities
  • $2,527Federal funds sold & reverse repurchase agreements
  • $38,974Net loans & leases
  • $1,253Loan loss allowance
  • $0Trading account assets
  • $167Bank premises and fixed assets
  • $177Other real estate owned
  • $0Goodwill and other intangibles
  • $95,153Life insurance assets
  • $3,570All other assets
  • $85,759Total liabilities and capital
  • $76,828Total liabilities
  • $25Total deposits
  • $76,828Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 7764.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,167Subordinated debt
  • $9,394All other liabilities
  • $9,394Total equity capital
  • $9,394Total bank equity capital
  • $0Perpetual preferred stock
  • $890Common stock
  • $4,345Surplus
  • $4,159Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,237Income earned, not collected on loans
  • $0Earning assets
  • $240Long-term assets (5+ years)
  • $85,855Average Assets, year-to-date
  • $12,342Average Assets, quarterly
  • $99,175Volatile liabilities
  • $95,352Insider loans
  • $46,474FHLB advances
  • $94,330Loans and leases held for sale
  • $1,677Unused loan commitments
  • $1,677Tier 1 (core) risk-based capital
  • $8,810Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,472Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,974Total interest income
  • $4Total interest expense
  • $2,970Net interest income
  • $240Provision for loan and lease losses
  • $1,035Total noninterest income
  • $0Fiduciary activities
  • $350Service charges on deposit accounts
  • $0Trading account gains & fees
  • $685Additional noninterest income
  • $3,599Total noninterest expense
  • $1,292Salaries and employee benefits
  • $173Premises and equipment expense
  • $2,134Additional noninterest expense
  • $166Pre-tax net operating income
  • $58Securities gains (losses)
  • $35Applicable income taxes
  • $189Income before extraordinary items
  • $0Extraordinary gains - net
  • $189Net income attributable to bank
  • $0Net charge-offs
  • $189Cash dividends
  • -$58Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.29%Yield on earning assets
  • 0.00%Cost of funding earning assets
  • 3.28%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 3.98%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.23%Pretax return on assets
  • 2.04%Return on equity (ROE)
  • 2.04%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • -413.79%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,863Assets per employee
  • 6.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.11%Loss allowance to noncurrent loans
  • 101.29%Noncurrent assets plus other real estate owned to assets
  • 1.49%Noncurrent loans to loans
  • 3.08%Net loans and leases to deposits
  • 50.73%Net loans and leases to core deposits
  • 50.73%Equity capital to assets
  • 9.87%Core capital (leverage) ratio
  • 9.34%Tier 1 risk-based capital ratio
  • 18.96%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $99,175Average earning assets
  • $9,269Average equity
  • $90,458Average loans

List of branches

  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017020Great Lakes Bankers Bank300 West Wilson Bridge Road, Suite 220, Worthington, OH 43085May 23, 1983Full Service Brick and Mortar

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Great Lakes Bankers Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents