GE Capital Retail Bank

GE Capital Retail Bank Locations
170 West Election Road, Suite 125
Draper, UT 84020
1-866-226-5638
banking.gecrb.com

FDIC

GE Capital Retail Bank is headquartered in Draper and is the 6th largest bank in the state of Utah. It is also the 47th largest bank in the nation. It was established in 1988 and as of December of 2012, it had grown to 5,749 employees at 1 location. GE Capital Retail Bank has a 5-star health rating.

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Data for Q4 2012


Institution Statistics


GE Capital Retail Bank
OTS #15044
FDIC Certificate #27314
BankRate ReportView
Year Established1988
Employees5749
Primary RegulatorOCC

Assets and Liabilities

Assets$30.28 billion
Loans$27.26 billion
Deposits$18.95 billion
Equity Capital$5.58 billion
Loan Loss Allowance$1.11 billion
Unbacked Noncurrent Loans$533.89 million

Historic Data - December 2011

Assets$25.10 billion
Equity Capital$4.41 billion
Loan Loss Allowance$978.11 million
Unbacked Noncurrent Loans$437.98 million
Real Estate Owned($2,888,000)

Profit Margin - Quarterly

Net Interest Margin15.87%
Return on Assets6.6%
Return on Equity37.49%
Interest Income$4.35 billion

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 GE Capital Retail Bank had $533.88 million in non-current loans and owned real-estate with $6.69 billion in equity and loan loss allowances on hand to cover it. This gives GE Capital Retail Bank a Texas Ratio of 7.98% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for GE Capital Retail Bank held steady from 8.07% as of December 31, 2011 to 7.98% as of December 31, 2012, resulting in a positive change of 1.12%.This indicates that the balance sheet and financial strength for GE Capital Retail Bank has held steady in recent periods.
Deposit Growth5
In the past year, GE Capital Retail Bank has increased its total deposits by $1.05 billion, resulting in 5.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth GE Capital Retail Bank has shown is excellent.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. GE Capital Retail Bank has $30.28 billion in assets with $6.69 billion in equity, resulting in a capitalization level of 22.10%, which is excellent.
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