FDIC Certificate #: 58391 Status: Active Federal Reserve ID: 3598218 Date Established: May 07, 2007 WWW:http://www.goldencoastbank.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 #: 450392 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: May 07, 2007 Last Structure Change Effective Date: May 16, 2011 Last Structure Change Process Date: June 21, 2011 Last Data Update: June 21, 2011 Data Source Date: April 05, 2012
Location
Address: 850 Long Beach Boulevard, Long Beach, CA 90813 County: Los Angeles Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: San Francisco FDIC Field Office: Los Angeles (West) Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): Los Angeles-Long Beach, CA (#4480) Consolidated Metropolitan Statistical Area (CMSA): Los Angeles-Riverside-Orange County, CA (#49) Combined Statistical Area (CSA): Los Angeles-Long Beach-Riverside, CA (#348) Core Based Statistical Area (CBSA): Los Angeles-Long Beach-Santa Ana, CA (#31100) CBSA Metro Statistical Area: Los Angeles-Long Beach-Santa Ana, CA (#31100) Core Based Statistical Division: Los Angeles-Long Beach-Glendale, CA (#31084)
History of Changes
Name Change
Financial Summary
Total assets: $40.5 mil Equity capital: $10.1 mil Deposits held in domestic offices: $30.3 mil Return on assets (ROA): -0.98% (-$0.4 mil) Quarterly return on assets: -0.87% (-$0.3 mil) Return on Equity (ROE): -3.69% (-$0.4 mil) Quarterly return on equity: -3.50% (-$0.3 mil) Net income: -$0.4 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.98% (-$396.8 mil) Quarterly Pretax return on assets: -0.87% (-$352.3 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
10Total employees (full-time equivalent)
$40,493Total assets
$4,529Cash and due from depository institutions
$3,970Interest-bearing balances
$3,601Securities
$0Federal funds sold & reverse repurchase agreements
$31,741Net loans & leases
$1,204Loan loss allowance
$0Trading account assets
$340Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$40,493Life insurance assets
$282All other assets
$30,380Total liabilities and capital
$30,270Total liabilities
$29,338Total deposits
$30,270Interest-bearing deposits
$100Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$110Subordinated debt
$10,113All other liabilities
$10,113Total equity capital
$10,113Total bank equity capital
$0Perpetual preferred stock
$11,014Common stock
$0Surplus
$-901Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$122Long-term assets (5+ years)
$39,312Average Assets, year-to-date
$4,688Average Assets, quarterly
$38,616Volatile liabilities
$40,749Insider loans
$33,459FHLB advances
$40,397Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$10,105Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$0Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$2,164Total interest income
$221Total interest expense
$1,943Net interest income
$93Provision for loan and lease losses
$11Total noninterest income
$0Fiduciary activities
$5Service charges on deposit accounts
$0Trading account gains & fees
$6Additional noninterest income
$2,240Total noninterest expense
$1,066Salaries and employee benefits
$349Premises and equipment expense
$825Additional noninterest expense
-$379Pre-tax net operating income
$0Securities gains (losses)
$1Applicable income taxes
-$380Income before extraordinary items
$0Extraordinary gains - net
-$380Net income attributable to bank
$0Net charge-offs
-$380Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
6.00%Yield on earning assets
0.61%Cost of funding earning assets
5.39%Net interest margin
0.03%Noninterest income to earning assets
6.21%Noninterest expense to earning assets
-0.98%Net operating income to assets
-0.98%Return on assets (ROA)
-0.98%Pretax return on assets
-3.69%Return on equity (ROE)
-3.69%Retained earnings to average equity (YTD only)
0.00%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
114,637Assets per employee
4.05%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.65%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
104.86%Net loans and leases to core deposits
105.21%Equity capital to assets
24.97%Core capital (leverage) ratio
25.01%Tier 1 risk-based capital ratio
30.20%Total risk-based capital ratio
Memoranda
$31Average assets
$38,616Average earning assets
$10,285Average equity
$36,081Average loans
List of branches
1 California Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
450392
Evergreen International Bank
850 Long Beach Boulevard, Long Beach, CA 90813
May 07, 2007
Full Service Brick and Mortar
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