Evergreen International Bank in Long Beach, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


Evergreen International Bank - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    0450392Evergreen International Bank850 Long Beach Boulevard, Long Beach, CA 90813May 07, 2007Full Service Brick and Mortar

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