Gilmore Bank in Los Angeles, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Gilmore Bank in Los Angeles, California (CA)
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Gilmore Bank - Overview

  • General
  • FDIC Certificate #: 17523
    Status: Active
    Federal Reserve ID: 915261
    Bank Holding Company (Regulatory Top Holder): A. F. Gilmore Company (RSSDID: 1027563, Location: Los Angeles, CA)
    Date Established: December 01, 1955
    WWW: http://www.gilmorebank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Domestic: 2, Interstate: No)
    FDIC's unique #: 11503
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 01, 1955
    Last Structure Change Effective Date: March 22, 2007
    Last Structure Change Process Date: March 22, 2007
    Last Data Update: March 22, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 110 South Fairfax Avenue, 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)
  • Financial Summary
  • Total assets: $176.6 mil
    Equity capital: $19.5 mil
    Deposits held in domestic offices: $156.1 mil
    Return on assets (ROA): 1.12% ($2.0 mil)
    Quarterly return on assets: 1.03% ($1.8 mil)
    Return on Equity (ROE): 10.71% ($2.0 mil)
    Quarterly return on equity: 9.39% ($1.8 mil)
    Net income: $2.0 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 1.15% ($2,030.7 mil)
    Quarterly Pretax return on assets: 1.02% ($1,801.2 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
  • 35Total employees (full-time equivalent)
  • $176,586Total assets
  • $19,311Cash and due from depository institutions
  • $14,304Interest-bearing balances
  • $32,389Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $113,932Net loans & leases
  • $2,309Loan loss allowance
  • $0Trading account assets
  • $1,034Bank premises and fixed assets
  • $4,895Other real estate owned
  • $673Goodwill and other intangibles
  • $176,586Life insurance assets
  • $4,352All other assets
  • $157,129Total liabilities and capital
  • $156,098Total liabilities
  • $108,099Total deposits
  • $156,098Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,031Subordinated debt
  • $19,457All other liabilities
  • $19,457Total equity capital
  • $19,457Total bank equity capital
  • $0Perpetual preferred stock
  • $1,622Common stock
  • $8,378Surplus
  • $9,457Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,263Income earned, not collected on loans
  • $0Earning assets
  • $467Long-term assets (5+ years)
  • $160,625Average Assets, year-to-date
  • $30,219Average Assets, quarterly
  • $178,483Volatile liabilities
  • $176,145Insider loans
  • $115,215FHLB advances
  • $175,052Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,441Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,120Restructured Loans and leases
  • $1,314Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,283Total interest income
  • $642Total interest expense
  • $7,641Net interest income
  • $260Provision for loan and lease losses
  • $2,891Total noninterest income
  • $0Fiduciary activities
  • $398Service charges on deposit accounts
  • $0Trading account gains & fees
  • $2,493Additional noninterest income
  • $8,279Total noninterest expense
  • $2,860Salaries and employee benefits
  • $1,243Premises and equipment expense
  • $4,176Additional noninterest expense
  • $1,993Pre-tax net operating income
  • $61Securities gains (losses)
  • $57Applicable income taxes
  • $1,997Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,997Net income attributable to bank
  • $0Net charge-offs
  • $1,997Cash dividends
  • $5Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.10%Yield on earning assets
  • 0.40%Cost of funding earning assets
  • 4.71%Net interest margin
  • 1.78%Noninterest income to earning assets
  • 5.10%Noninterest expense to earning assets
  • 1.09%Net operating income to assets
  • 1.12%Return on assets (ROA)
  • 1.15%Pretax return on assets
  • 10.71%Return on equity (ROE)
  • 10.71%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 5200.00%Credit loss provision to net charge-offs
  • 450.60%Efficiency ratio
  • 78,608Assets per employee
  • 5.05%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.99%Loss allowance to noncurrent loans
  • 36.87%Noncurrent assets plus other real estate owned to assets
  • 6.32%Noncurrent loans to loans
  • 5.39%Net loans and leases to deposits
  • 72.99%Net loans and leases to core deposits
  • 74.25%Equity capital to assets
  • 11.02%Core capital (leverage) ratio
  • 10.53%Tier 1 risk-based capital ratio
  • 16.01%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $178,483Average earning assets
  • $18,654Average equity
  • $162,366Average loans

List of branches

  • 2 California Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011503Gilmore Bank110 South Fairfax Avenue, Los Angeles, CA 90036December 01, 1955Full Service Brick and Mortar
    2528878La Canada Flintridge Branch964 Foothill Boulevard, La Canada, CA 91011Febuary 21, 2012Full Service Brick and Mortar

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