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- Banks in Florida (FL)
- AMTRUST BANK, F.S.B.
AMTRUST BANK, F.S.B. in Boca Raton, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of April 01, 1995
- AMTRUST BANK, F.S.B. in Boca Raton, Florida (FL)
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AMTRUST BANK, F.S.B. - Overview
- General
- FDIC Certificate #: 32520
Status: Inactive
Closing history: Corrections
Acquiring institution: AmTrust Bank (#29776)
Federal Reserve ID: 52876
Date Established: Febuary 10, 1987
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 8376
FDIC's unique #: 45354
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 10, 1987
Last Structure Change Effective Date: April 01, 1995
Last Structure Change Process Date: June 30, 1995
Last Data Update: January 31, 1996
Data Source Date: April 05, 2012 - Location
- Address: 5550 Glades Road, Boca Raton, FL 33431
County: Palm Beach
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: South Florida
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): West Palm Beach-Boca Raton, FL (#8960)
Core Based Statistical Area (CBSA): Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
CBSA Metro Statistical Area: Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
Core Based Statistical Division: West Palm Beach-Boca Raton-Boynton Beach, FL (#48424) - History of Changes
- Merger - Without Assistance
Corrections - Financial Summary
- Total assets: $492.6 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1994)
- Dollar figures in thousands
- 0Total employees (full-time equivalent)
- $51Total assets
- $310,961Cash and due from depository institutions
- $14,596Interest-bearing balances
- $10,805Securities
- $54,382Federal funds sold & reverse repurchase agreements
- $0Net loans & leases
- $235,850Loan loss allowance
- $1,641Trading account assets
- $0Bank premises and fixed assets
- $339Other real estate owned
- $161Goodwill and other intangibles
- $5,633Life insurance assets
- $0All other assets
- $0Total liabilities and capital
- $310,961Total liabilities
- $287,347Total deposits
- $284,054Interest-bearing deposits
- $276,032Deposits held in domestic offices
- 284054.00%% insured (estimated)
- $98Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $0Other borrowed funds
- $0Subordinated debt
- $0All other liabilities
- $3,293Total equity capital
- $3,293Total bank equity capital
- $23,614Perpetual preferred stock
- $0Common stock
- $4,093Surplus
- $14,057Undivided profits
- Memoranda
- $5,464Noncurrent loans and leases
- $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $1,445Income earned, not collected on loans
- $1,103Earning assets
- $301,037Long-term assets (5+ years)
- $0Average Assets, year-to-date
- $279,258Average Assets, quarterly
- $297,340Volatile liabilities
- $17,222Insider loans
- $0FHLB advances
- $0Loans and leases held for sale
- $0Unused loan commitments
- $57,108Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $23,614Total risk weighted assets
- $162,609Total unused commitments
- $0Restructured Loans and leases
- $0Derivatives
Income and Expense (December 31, 1994)
- Dollar figures in thousands
- $0Total interest income
- $17,674Total interest expense
- $10,377Net interest income
- $7,297Provision for loan and lease losses
- $409Total noninterest income
- $725Fiduciary activities
- $0Service charges on deposit accounts
- $0Trading account gains & fees
- $0Additional noninterest income
- $725Total noninterest expense
- $3,986Salaries and employee benefits
- $1,634Premises and equipment expense
- $591Additional noninterest expense
- $1,761Pre-tax net operating income
- $3,627Securities gains (losses)
- -$749Applicable income taxes
- $1,080Income before extraordinary items
- $1,798Extraordinary gains - net
- $0Net income attributable to bank
- $1,798Net charge-offs
- $131Cash dividends
- $0Sale, conversion, retirement of capital stock, net
- $5,000Net operating income
Performance and Condition Ratios (December 31, 1994)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 0.00%Yield on earning assets
- 6.54%Cost of funding earning assets
- 3.84%Net interest margin
- 2.70%Noninterest income to earning assets
- 0.27%Noninterest expense to earning assets
- 1.47%Net operating income to assets
- 0.82%Return on assets (ROA)
- 0.64%Pretax return on assets
- 1.03%Return on equity (ROE)
- 9.18%Retained earnings to average equity (YTD only)
- 9.18%Net charge-offs to loans
- 0.07%Credit loss provision to net charge-offs
- 312.21%Efficiency ratio
- 49,688Assets per employee
- 6.10%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 0.69%Loss allowance to noncurrent loans
- 113.56%Noncurrent assets plus other real estate owned to assets
- 0.52%Noncurrent loans to loans
- 0.61%Net loans and leases to deposits
- 83.03%Net loans and leases to core deposits
- 88.39%Equity capital to assets
- 7.59%Core capital (leverage) ratio
- 7.59%Tier 1 risk-based capital ratio
- 14.52%Total risk-based capital ratio
- Memoranda
- $15Average assets
- $279,258Average earning assets
- $19,585Average equity
- $270,279Average loans
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- Banks in Florida (FL)
- AMTRUST BANK, F.S.B.
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