Gulfstream Business Bank

Headquarters

2400 Se Monterey Road, Suite 100
Stuart, FL 34996
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 0.95% →
1-Year CD N.A. 1.01% →
2-Year CD N.A. 0.95% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Gulfstream Business Bank is an FDIC insured institution located in Stuart, FL. It was founded in 1999 and has approximately $0.54 billion in assets.

FDIC Insured Yes
FDIC Certificate # 35092
Date Established 1999
Assets $ 542.98 million
Loans $ 364.32 million
Deposits $ 468.95 million
Capital $ 61.40 million
 

For a more detailed analysis of Gulfstream Business Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Gulfstream Business Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.674% 2.625% 0.63 $1,595 $1,005 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to Gulfstream Business Bank
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Branches

Gulfstream Business Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Gulfstream Business Bank Locations


Financial Details

Gulfstream Business Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Gulfstream Business Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Gulfstream Business Bank U.S. Bank Average
10.5% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Gulfstream Business Bank had $4,336,000 in non-current loans and $3,364,000 in owned real estate. To cover these potential losses it had $61,397,000 in equity and $11,969,000 in loans loss reserves. That gives it a Texas Ratio of 10.5%.

Return on Equity
Gulfstream Business Bank U.S. Bank Average
6.14% 7.80%

Gulfstream Business Bank has a Return on Equity of 6.14% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Gulfstream Business Bank U.S. Bank Average
11.31% 12.68%

Gulfstream Business Bank has a Capitalization of 11.31% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Gulfstream Business Bank Balance Sheet Analysis

As of December 31, 2013, Gulfstream Business Bank had assets of $542,984,000, loans of $364,319,000, and deposits of $468,946,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 364.32 million
Loan loss allowance $ 11.97 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 3.36 million
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 468.95 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 542.98 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Gulfstream Business Bank’s loan portfolio are Commercial Real Estate, Commercial and Industrial Loans, and Small Business Loans.

Compared to other banks in Florida, Gulfstream Business Bank has a significantly higher percent of Small Business Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 9.93
Multifamily
Mortgages
0.13
Credit Card Loans 0.00
Consumer Auto Loans 0.06
Small Business Loans 21.12
Construction and Development Loans 9.34
Commercial Real Estate 56.14
Commercial and Industrial Loans 27.02
Farm Loans 0.00

Frequently Asked Questions About Gulfstream Business Bank

Branches and Savings

Is Gulfstream Business Bank FDIC insured?

Yes. It is covered under FDIC Certificate #35092.

Why does Gulfstream Business Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Gulfstream Business Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Gulfstream Business Bank a commercial bank?

Yes

Where are Gulfstream Business Bank locations?

See branch locations nearby.

Is Gulfstream Business Bank open on Saturdays?

Is Gulfstream Business Bank open on Sundays?

What time does Gulfstream Business Bank open?

What time does Gulfstream Business Bank close?

Are Gulfstream Business Bank ATMs Open 24/7?

Do Gulfstream Business Bank ATMs accept cash deposits?

Can Gulfstream Business Bank customers use other ATMs?

Do Gulfstream Business Bank branches have notaries?

Will Gulfstream Business Bank notarize my document?

What address for Gulfstream Business Bank should I put for incoming ACH transfers?

Will the Gulfstream Business Bank branch print checks?

Do Gulfstream Business Bank checks expire?

Does Gulfstream Business Bank require US citizenship to open account?

Can Gulfstream Business Bank close my account?

Does Gulfstream Business Bank Report to credit bureaus?

Does Gulfstream Business Bank Use Equifax?

What is Gulfstream Business Bank's ACH Routing Number?

What is Gulfstream Business Bank's SWIFT code?

Products

Does Gulfstream Business Bank offer mortgages?

Compare mortgage rates here.

Does Gulfstream Business Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Gulfstream Business Bank offer personal loans?

Compare personal loan rates here.

Does Gulfstream Business Bank offer student loans?

Will Gulfstream Business Bank cash a check?

Will Gulfstream Business Bank redeem a savings bond?

Does Gulfstream Business Bank cash savings bonds?

Will Gulfstream Business Bank cash money orders?

Can Gulfstream Business Bank issue a money order?

Does Gulfstream Business Bank do currency exchange?

Background on The Bank

Who owns Gulfstream Business Bank?

How long has Gulfstream Business Bank been around?

Can Gulfstream Business Bank transfer to other banks?

Does Gulfstream Business Bank have quick pay?

Does Gulfstream Business Bank accept rolled coins?

Will Gulfstream Business Bank accept loose change?

Where is Gulfstream Business Bank headquarters?

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