Gold Bank
Bradenton, FL — Domestic Branch of a Domestic Bank
Acquired Sep 2004
Vitals
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Total Assets910.4M 14.9 %
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Total Deposits659.4M 17.3 %
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Total Net Loans618.2M 19.8 %
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Net Income3.8M 62.4 %
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Book Value62.4M 11.0 %
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Book Value x2124.9M 11.0 %
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Book Value x3187.3M 11.0 %
Balance Sheet Highlights
Financial Highlights | Gold Bank | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 910,419 | 216,780 |
Total Net Loans | 618,216 | 145,836 |
Total Deposits | 659,414 | 179,446 |
Total Equity | 62,430 | 19,475 |
Profitability | ||
Net Income | 3,793 | 2,151 |
Return on Average Assets | .874 | 1.092 |
Return on Average Equity | 12.504 | 12.305 |
Net Interest Margin | 3.164 | 4.015 |
Efficiency Ratio | 61.128 | 71.231 |
Noninterest Income/Revenue | 15.706 | 14.455 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 93.752 | 79.498 |
Securities/Assets | .229 | .399 |
Total Equity/Total Assets | .069 | .09 |
Tangible Equity/Tangible Assets | .069 | -.051 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 64,528 | 18,557 |
Tier 2 Capital | 6,118 | 1,765 |
Total Capital | 70,646 | 20,370 |
Total Risk Weighted Assets | 689,357 | 154,089 |
Leverage Ratio | 7.25 | 9.454 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 9.36 | 13.347 |
Total Capital Ratio | 10.25 | 14.46 |
Timeline for Gold Bank
Gold Ihc-Iii, Llc
Gold Ihc-Iii, Llc became a new subsidiary organization for Gold Bank.
View Profile Jul 10 2002Gbc Florida, Inc.
Gbc Florida, Inc. became a new parent organization for Gold Bank.
View Profile Mar 21 2000Murdock Florida Bank
Acquisition: Gold Bank acquired a new subsidiary, Murdock Florida Bank, 26 years
View Profile Mar 24 1998American Bancshares, Inc.
American Bancshares, Inc. became a new parent organization for Gold Bank.
View Profile Dec 01 1995Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Gold Bank | Buyer | 4,205,494 | Pooling of Interests | Discontinued | 9/1/2004 |
Murdock Florida Bank | Seller | 63,920 | Pooling of Interests | Discontinued | 3/24/1998 |
Relationships | Role | Relationship Start | Relationship End |
Gbc Florida, Inc. | Parent | 3/21/2000 | 8/31/2004 |
American Bancshares, Inc. | Parent | 12/1/1995 | 3/20/2000 |
Gold Ihc-Iii, Llc | Subsidary | 7/10/2002 | 8/31/2004 |
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