Green Dot Bank DBA Bonneville Bank in Provo, Utah (UT)



Show street view No street view available for this location

Green Dot Bank DBA Bonneville Bank routing number info

Table of contents:
Green Dot Bank DBA Bonneville Bank
GeneralFDIC Certificate #: 22653
Status: Active
Federal Reserve ID: 243375
Bank Holding Company (Regulatory Top Holder): Green Dot Corporation (RSSDID: 4057262, Location: Monrovia, CA)
Date Established: May 15, 1978
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 #: 15808
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: Other Specialized Lending < 1 Billion
Date of Deposit Insurance: May 15, 1978
Last Structure Change Effective Date: Febuary 06, 2012
Last Structure Change Process Date: April 02, 2012
Last Data Update: April 02, 2012
Data Source Date: April 05, 2012
LocationAddress: 1675 North 200 West, Provo, UT 84601
County: Utah
Quarterly Banking Profile Region: San Francisco
FDIC Geographic Region: San Francisco
FDIC Supervisory Region: San Francisco
FDIC Field Office: Salt Lake City
Office of the Comptroller the Currency (OCC) District: Midwest
Office of Thrift Supervision Region: West
Metropolitan Statistical Area (MSA): Provo-Orem, UT (#6520)
Core Based Statistical Area (CBSA): Provo-Orem, UT (#39340)
CBSA Metro Statistical Area: Provo-Orem, UT (#39340)
History of ChangesChange in Primary Regulatory Agency
Change in Supervisory Agency
Institution Becomes a Member of FRS (Federal Reserve System)
Financial SummaryTotal assets: $68.2 mil
Equity capital: $29.1 mil
Deposits held in domestic offices: $39.1 mil
Return on assets (ROA): -0.60% (-$0.4 mil)
Quarterly return on assets: 0.46% ($0.3 mil)
Return on Equity (ROE): -2.41% (-$0.7 mil)
Quarterly return on equity: 1.44% ($0.4 mil)
Net income: -$0.3 mil
Quarterly Net income: $0.1 mil
Pretax return on assets: -0.97% (-$661.9 mil)
Quarterly Pretax return on assets: -0.69% (-$470.8 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)
Total employees (full-time equivalent)8
Total assets$68,238
Cash and due from depository institutions$36,729
Interest-bearing balances$36,348
Securities$6,358
Federal funds sold & reverse repurchase agreements$2,400
Net loans & leases$11,420
Loan loss allowance $0
Trading account assets$0
Bank premises and fixed assets$101
Other real estate owned$0
Goodwill and other intangibles$10,890
All other assets$340
Life insurance assets$68,238
Total liabilities and capital$39,150
Total liabilities$39,104
Total deposits$19,806
Interest-bearing deposits$39,104
Deposits held in domestic offices$97
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $46
All other liabilities $29,088
Total equity capital$29,088
Total bank equity capital$29,088
Perpetual preferred stock$0
Common stock$0
Surplus$28,922
Undivided profits $166
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $60
Earning assets $0
Long-term assets (5+ years) $142
Average Assets, year-to-date $56,526
Average Assets, quarterly $3,710
Volatile liabilities $43,179
Insider loans $55,135
FHLB advances $20,916
Loans and leases held for sale $36,943
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $18,198
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $1,117
Derivatives$0
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $1,515
Total interest expense $198
Net interest income $1,317
Provision for loan and lease losses $663
Total noninterest income $277
Fiduciary activities $0
Service charges on deposit accounts $197
Trading account gains & fees $0
Additional noninterest income $80
Total noninterest expense $1,348
Salaries and employee benefits $688
Premises and equipment expense $203
Additional noninterest expense $457
Pre-tax net operating income -$417
Securities gains (losses) $0
Applicable income taxes -$158
Income before extraordinary items -$259
Extraordinary gains - net $0
Net income attributable to bank -$259
Net charge-offs $0
Cash dividends -$259
Sale, conversion, retirement of capital stock, net $650
Net operating income $159
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets3.87%
Cost of funding earning assets 0.51%
Net interest margin 3.36%
Noninterest income to earning assets 0.71%
Noninterest expense to earning assets 3.44%
Net operating income to assets -0.60%
Return on assets (ROA) -0.60%
Pretax return on assets -0.97%
Return on equity (ROE) -2.41%
Retained earnings to average equity (YTD only) -3.89%
Net charge-offs to loans 4.64%
Credit loss provision to net charge-offs 102.00%
Efficiency ratio0.38%
Assets per employee$84,567
Cash dividends to net income (YTD only)8.53%
Condition Ratios (%)
Loss allowance to loans -61.39%
Loss allowance to noncurrent loans 0.00%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.09%
Net loans and leases to deposits0.53%
Net loans and leases to core deposits 29.20%
Equity capital to assets 31.21%
Core capital (leverage) ratio 42.63%
Tier 1 risk-based capital ratio 49.26%
Total risk-based capital ratio 87.01%
Memoranda
Average assets$87
Average earning assets$43,179
Average equity $10,733
Average loans $39,143
Back to page top, Back to table top

1 Utah Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
015808Green Dot Bank Dba Bonneville Bank1675 North 200 West, Provo, UT 84601May 15, 1978Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Green Dot Bank DBA Bonneville Bank.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.