Global Trust Bank in Mountain View, California (CA)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 19, 2011

  • Global Trust Bank in Mountain View, California (CA)
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Global Trust Bank - Overview

  • General
  • FDIC Certificate #: 58808
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Bay Commercial Bank (#57716)
    Federal Reserve ID: 3744891
    Date Established: December 03, 2008
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Interstate: No)
    FDIC's unique #: 468941
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: December 03, 2008
    Last Structure Change Effective Date: October 19, 2011
    Last Structure Change Process Date: December 05, 2011
    Last Data Update: December 05, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 700 E. El Camino Real, Suite 300, Mountain View, CA 94040
    County: Santa Clara
    Quarterly Banking Profile Region: San Francisco
    FDIC Geographic Region: San Francisco
    FDIC Supervisory Region: San Francisco
    FDIC Field Office: San Francisco
    Office of the Comptroller the Currency (OCC) District: Midwest
    Office of Thrift Supervision Region: Western
    Metropolitan Statistical Area (MSA): San Jose, CA (#7400)
    Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84)
    Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488)
    Core Based Statistical Area (CBSA): San Jose-Sunnyvale-Santa Clara, CA (#41940)
    CBSA Metro Statistical Area: San Jose-Sunnyvale-Santa Clara, CA (#41940)
  • Financial Summary
  • Total assets: $86.7 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, 2010)

  • Dollar figures in thousands
  • 16Total employees (full-time equivalent)
  • $65,581Total assets
  • $23,439Cash and due from depository institutions
  • $19,798Interest-bearing balances
  • $0Securities
  • $4,610Federal funds sold & reverse repurchase agreements
  • $36,605Net loans & leases
  • $794Loan loss allowance
  • $0Trading account assets
  • $457Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $470All other assets
  • $65,581Total liabilities and capital
  • $49,564Total liabilities
  • $49,367Total deposits
  • $44,249Interest-bearing deposits
  • $49,367Deposits held in domestic offices
  • 83.37%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $197All other liabilities
  • $16,017Total equity capital
  • $16,017Total bank equity capital
  • $16,017Perpetual preferred stock
  • $0Common stock
  • $21,000Surplus
  • $0Undivided profits
  • Memoranda
  • $-4,983Noncurrent loans and leases
  • $3,934Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $125Average Assets, year-to-date
  • $61,013Average Assets, quarterly
  • $11,904Volatile liabilities
  • $60,140Insider loans
  • $62,539FHLB advances
  • $17,748Loans and leases held for sale
  • $2,492Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,934Total unused commitments
  • $0Restructured Loans and leases
  • $530Derivatives

Income and Expense (December 31, 2010)

  • Dollar figures in thousands
  • $2,402Total interest income
  • $681Total interest expense
  • $1,721Net interest income
  • $299Provision for loan and lease losses
  • $395Total noninterest income
  • $0Fiduciary activities
  • $15Service charges on deposit accounts
  • $0Trading account gains & fees
  • $380Additional noninterest income
  • $3,376Total noninterest expense
  • $2,080Salaries and employee benefits
  • $430Premises and equipment expense
  • $866Additional noninterest expense
  • -$1,559Pre-tax net operating income
  • $0Securities gains (losses)
  • $2Applicable income taxes
  • -$1,561Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,561Net income attributable to bank
  • $0Net charge-offs
  • -$1,561Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2010)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.36%Yield on earning assets
  • 1.24%Cost of funding earning assets
  • 3.13%Net interest margin
  • 0.72%Noninterest income to earning assets
  • 6.13%Noninterest expense to earning assets
  • -2.60%Net operating income to assets
  • -2.60%Return on assets (ROA)
  • -2.59%Pretax return on assets
  • -9.34%Return on equity (ROE)
  • -9.34%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
  • 159,546Assets per employee
  • 4.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.12%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
  • 74.15%Net loans and leases to core deposits
  • 115.77%Equity capital to assets
  • 24.42%Core capital (leverage) ratio
  • 25.24%Tier 1 risk-based capital ratio
  • 37.98%Total risk-based capital ratio
  • Memoranda
  • $39Average assets
  • $60,140Average earning assets
  • $16,714Average equity
  • $55,033Average loans

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