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Overview / Commentary
213-542-2700
355 South Grand Avenue. Suite 2400
Los Angeles, CA 90071

Grandpoint Bank is headquartered in Los Angeles and is the 31st largest bank in the state of California. It is also the 356th largest bank in the nation. It was established in 2007 and as of December of 2013, it had grown to 296 employees at 16 locations. Grandpoint Bank has a A+ health rating.

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Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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, 2013 Grandpoint Bank had $20.41 million in non-current loans and owned real-estate with $280.35 million in equity and loan loss allowances on hand to cover it. This gives Grandpoint Bank a Texas Ratio of 7.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Grandpoint Bank experienced no significant changes from 2.85% as of December 31, 2012 to 7.28% as of December 31, 2013, resulting in a negative change of 155.75%. This indicates that the balance sheet and financial strength for Grandpoint Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Grandpoint Bank has increased its total deposits by $921.36 million, resulting in 119.19% 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 Grandpoint Bank has shown is excellent.

Capitalization

GRADE:
A+

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. Grandpoint Bank has $1.98 billion in assets with $280.35 million in equity, resulting in a capitalization level of 14.19%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #58390
Year Established2007
Employees296
Primary RegulatorFDIC
Assets and Liabilities
Assets$1.98 billion
Loans$1.48 billion
Deposits$1.69 billion
Equity Capital$269.07 million
Loan Loss Allowance$11.28 million
Unbacked Noncurrent Loans$17.70 million
Real Estate Owned$2.72 million
Historic Data - December 2012
Assets$909.63 million
Equity Capital$129.50 million
Loan Loss Allowance$5.85 million
Unbacked Noncurrent Loans$17.70 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.42%
Return on Assets0.36%
Return on Equity2.59%
Interest Income$80.08 million
Rates

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Locations


Grandpoint Bank Locations
Orange Branch1045 West Katella AvenueOrange, CA 92867
Brentwood Branch11661 San Vicente BoulevardLos Angeles, CA 90049
Encino Branch16861 Ventura Boulevard, Suite 100Encino, CA 91436
South Bay Branch1960 East Grand Avenue, Suite 1200El Segundo, CA 90245
Irvine Branch2600 Michelson DriveIrvine, CA 92612
Grandpoint Bank355 South Grand Avenue. Suite 2400Los Angeles, CA 90071
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