Great Lakes Bankers Bank in Worthington, Ohio (OH)
Overview, Financial Summary, Detailed Financial Reports, Branches


Great Lakes Bankers Bank - Overview

  • General
  • FDIC Certificate #: 24493
    Status: Active
    Federal Reserve ID: 155517
    Bank Holding Company (Regulatory Top Holder): Bankers Bancshares, Inc. (RSSDID: 3113349, Location: Worthington, OH)
    Date Established: May 23, 1983
    WWW: http://www.greatlakesbb.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 17020
    Numeric code: 13
    Regulator: FED
    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 23, 1983
    Last Structure Change Effective Date: August 30, 2010
    Last Structure Change Process Date: December 09, 2010
    Last Data Update: December 09, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 300 West Wilson Bridge Road, Suite 220, Worthington, OH 43085
    County: Franklin
    Quarterly Banking Profile Region: Chicago
    FDIC Geographic Region: Chicago
    FDIC Supervisory Region: Chicago
    FDIC Field Office: Columbus
    Office of the Comptroller the Currency (OCC) District: Central
    Office of Thrift Supervision Region: Central
    Metropolitan Statistical Area (MSA): Columbus, OH (#1840)
    Combined Statistical Area (CSA): Columbus-Marion-Chillicothe, OH (#198)
    Core Based Statistical Area (CBSA): Columbus, OH (#18140)
    CBSA Metro Statistical Area: Columbus, OH (#18140)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $95.2 mil
    Equity capital: $9.4 mil
    Deposits held in domestic offices: $76.8 mil
    Return on assets (ROA): 0.19% ($0.2 mil)
    Quarterly return on assets: 0.33% ($0.3 mil)
    Return on Equity (ROE): 2.04% ($0.2 mil)
    Quarterly return on equity: 3.36% ($0.3 mil)
    Net income: $0.2 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.23% ($218.9 mil)
    Quarterly Pretax return on assets: 0.34% ($323.5 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
  • 15Total employees (full-time equivalent)
  • $95,153Total assets
  • $25,677Cash and due from depository institutions
  • $20,293Interest-bearing balances
  • $24,061Securities
  • $2,527Federal funds sold & reverse repurchase agreements
  • $38,974Net loans & leases
  • $1,253Loan loss allowance
  • $0Trading account assets
  • $167Bank premises and fixed assets
  • $177Other real estate owned
  • $0Goodwill and other intangibles
  • $95,153Life insurance assets
  • $3,570All other assets
  • $85,759Total liabilities and capital
  • $76,828Total liabilities
  • $25Total deposits
  • $76,828Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 7764.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,167Subordinated debt
  • $9,394All other liabilities
  • $9,394Total equity capital
  • $9,394Total bank equity capital
  • $0Perpetual preferred stock
  • $890Common stock
  • $4,345Surplus
  • $4,159Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,237Income earned, not collected on loans
  • $0Earning assets
  • $240Long-term assets (5+ years)
  • $85,855Average Assets, year-to-date
  • $12,342Average Assets, quarterly
  • $99,175Volatile liabilities
  • $95,352Insider loans
  • $46,474FHLB advances
  • $94,330Loans and leases held for sale
  • $1,677Unused loan commitments
  • $1,677Tier 1 (core) risk-based capital
  • $8,810Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $9,472Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $2,974Total interest income
  • $4Total interest expense
  • $2,970Net interest income
  • $240Provision for loan and lease losses
  • $1,035Total noninterest income
  • $0Fiduciary activities
  • $350Service charges on deposit accounts
  • $0Trading account gains & fees
  • $685Additional noninterest income
  • $3,599Total noninterest expense
  • $1,292Salaries and employee benefits
  • $173Premises and equipment expense
  • $2,134Additional noninterest expense
  • $166Pre-tax net operating income
  • $58Securities gains (losses)
  • $35Applicable income taxes
  • $189Income before extraordinary items
  • $0Extraordinary gains - net
  • $189Net income attributable to bank
  • $0Net charge-offs
  • $189Cash dividends
  • -$58Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.29%Yield on earning assets
  • 0.00%Cost of funding earning assets
  • 3.28%Net interest margin
  • 1.14%Noninterest income to earning assets
  • 3.98%Noninterest expense to earning assets
  • 0.14%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.23%Pretax return on assets
  • 2.04%Return on equity (ROE)
  • 2.04%Retained earnings to average equity (YTD only)
  • -0.14%Net charge-offs to loans
  • -413.79%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 89,863Assets per employee
  • 6.34%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.11%Loss allowance to noncurrent loans
  • 101.29%Noncurrent assets plus other real estate owned to assets
  • 1.49%Noncurrent loans to loans
  • 3.08%Net loans and leases to deposits
  • 50.73%Net loans and leases to core deposits
  • 50.73%Equity capital to assets
  • 9.87%Core capital (leverage) ratio
  • 9.34%Tier 1 risk-based capital ratio
  • 18.96%Total risk-based capital ratio
  • Memoranda
  • $20Average assets
  • $99,175Average earning assets
  • $9,269Average equity
  • $90,458Average loans

List of branches

  • 1 Ohio Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    017020Great Lakes Bankers Bank300 West Wilson Bridge Road, Suite 220, Worthington, OH 43085May 23, 1983Full Service Brick and Mortar

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