GBC International Bank in Los Angeles, California (CA), WA
Overview, Financial Summary, Detailed Financial Reports, Branches


  • GBC International Bank in Los Angeles, California (CA), WA
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GBC International Bank - Overview

  • General
  • FDIC Certificate #: 22366
    Status: Active
    Federal Reserve ID: 972769
    Bank Holding Company (Regulatory Top Holder): Gbc Holdings, Inc. (RSSDID: 2017673, Location: Los Angeles, CA)
    Date Established: November 15, 1976
    WWW: http://www.gbcib.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: Yes)
    FDIC's unique #: 15573
    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: November 15, 1976
    Last Structure Change Effective Date: October 01, 2010
    Last Structure Change Process Date: October 04, 2010
    Last Data Update: October 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 5670 Wilshire Boulevard, Suite 1780, Los Angeles, CA 90036
    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
  • Participated in FDIC Assisted Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $425.7 mil
    Equity capital: $41.3 mil
    Deposits held in domestic offices: $378.3 mil
    Return on assets (ROA): 0.60% ($2.6 mil)
    Quarterly return on assets: 0.84% ($3.6 mil)
    Return on Equity (ROE): 6.32% ($2.6 mil)
    Quarterly return on equity: 8.48% ($3.5 mil)
    Net income: $2.4 mil
    Quarterly Net income: $0.9 mil
    Pretax return on assets: 1.02% ($4,342.2 mil)
    Quarterly Pretax return on assets: 1.37% ($5,832.2 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
  • 95Total employees (full-time equivalent)
  • $425,708Total assets
  • $91,724Cash and due from depository institutions
  • $88,736Interest-bearing balances
  • $18,175Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $301,588Net loans & leases
  • $4,381Loan loss allowance
  • $0Trading account assets
  • $4,373Bank premises and fixed assets
  • $1,314Other real estate owned
  • $1,912Goodwill and other intangibles
  • $425,708Life insurance assets
  • $6,622All other assets
  • $384,390Total liabilities and capital
  • $378,312Total liabilities
  • $336,522Total deposits
  • $378,312Interest-bearing deposits
  • $92Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $500Other borrowed funds
  • $5,578Subordinated debt
  • $41,318All other liabilities
  • $41,318Total equity capital
  • $41,318Total bank equity capital
  • $0Perpetual preferred stock
  • $1,197Common stock
  • $15,250Surplus
  • $24,871Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $8,211Income earned, not collected on loans
  • $569Earning assets
  • $1,152Long-term assets (5+ years)
  • $408,499Average Assets, year-to-date
  • $90,344Average Assets, quarterly
  • $393,336Volatile liabilities
  • $411,897Insider loans
  • $273,355FHLB advances
  • $417,461Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $39,445Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $32,964Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,148Total interest income
  • $2,626Total interest expense
  • $18,522Net interest income
  • $3,820Provision for loan and lease losses
  • $1,732Total noninterest income
  • $0Fiduciary activities
  • $364Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,368Additional noninterest income
  • $12,435Total noninterest expense
  • $5,973Salaries and employee benefits
  • $1,798Premises and equipment expense
  • $4,664Additional noninterest expense
  • $3,999Pre-tax net operating income
  • $3Securities gains (losses)
  • $1,652Applicable income taxes
  • $2,350Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,350Net income attributable to bank
  • $0Net charge-offs
  • $2,350Cash dividends
  • $2,611Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.65%Yield on earning assets
  • 0.70%Cost of funding earning assets
  • 4.95%Net interest margin
  • 0.46%Noninterest income to earning assets
  • 3.32%Noninterest expense to earning assets
  • 0.60%Net operating income to assets
  • 0.60%Return on assets (ROA)
  • 1.02%Pretax return on assets
  • 6.32%Return on equity (ROE)
  • 6.32%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 146.30%Credit loss provision to net charge-offs
  • 2.99%Efficiency ratio
  • 53,688Assets per employee
  • 4.48%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 53.36%Noncurrent assets plus other real estate owned to assets
  • 2.24%Noncurrent loans to loans
  • 2.68%Net loans and leases to deposits
  • 79.72%Net loans and leases to core deposits
  • 84.63%Equity capital to assets
  • 9.71%Core capital (leverage) ratio
  • 9.45%Tier 1 risk-based capital ratio
  • 14.43%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $393,336Average earning assets
  • $37,184Average equity
  • $374,266Average loans

List of branches

  • 6 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    015573Gbc International Bank5670 Wilshire Boulevard, Suite 1780, Los Angeles, CA 90036November 15, 1976Full Service Brick and Mortar
    117026Westminster Branch9113 Bolsa Avenue, Westminster, CA 92683June 01, 1983Full Service Brick and Mortar
    3254461Monterey Park Branch168 West Garvey Avenue, Monterey Park, CA 91754October 07, 1994Full Service Brick and Mortar
    4254462Walnut Branch19811 East Colima Road, Walnut, CA 91789April 05, 1999Full Service Brick and Mortar
    544826Sincere Federal Savings Branch1355 Stockton Street, San Francisco, CA 94133November 29, 1979Full Service Brick and Mortar
    62864081226 Stockton St. Branch1226 Stockton Street, San Francisco, CA 94133June 30, 1985Full Service Brick and Mortar
  • 2 Washington Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    776807Shoreline Bank Branch16001 Aurora Avenue North, Shoreline, WA 98133September 15, 1999Full Service Brick and Mortar
    8423109Top Foods1201 North 175th Street, Shoreline, WA 98133October 01, 2003Full Service Brick and Mortar

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