American Enterprise Bank of Florida in Jacksonville, Florida (FL)



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American Enterprise Bank of Florida routing number info

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American Enterprise Bank of Florida
GeneralFDIC Certificate #: 57709
Status: Active
Federal Reserve ID: 3242575
Bank Holding Company (Regulatory Top Holder): American Enterprise Bankshares, Inc. (RSSDID: 3311631, Location: Jacksonville, FL)
Date Established: Febuary 23, 2004
WWW: http://www.aebfl.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Domestic: 2, Interstate: No)
FDIC's unique #: 422379
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: Yes
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: Febuary 23, 2004
Last Structure Change Effective Date: July 07, 2008
Last Structure Change Process Date: July 14, 2008
Last Data Update: July 14, 2008
Data Source Date: April 05, 2012
LocationAddress: 10611 Deerwood Park Boulevard, Jacksonville, FL 32256
County: Duval
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: Atlanta
FDIC Field Office: Gainesville
Office of the Comptroller the Currency (OCC) District: Southwest
Office of Thrift Supervision Region: Southeast
Metropolitan Statistical Area (MSA): Jacksonville, FL (#3600)
Core Based Statistical Area (CBSA): Jacksonville, FL (#27260)
CBSA Metro Statistical Area: Jacksonville, FL (#27260)
History of ChangesChange in Location
Financial SummaryTotal assets: $194.9 mil
Equity capital: $15.7 mil
Deposits held in domestic offices: $178.2 mil
Return on assets (ROA): -1.05% (-$2.0 mil)
Quarterly return on assets: -3.14% (-$6.1 mil)
Return on Equity (ROE): -12.63% (-$2.0 mil)
Quarterly return on equity: -37.91% (-$6.1 mil)
Net income: -$2.2 mil
Quarterly Net income: -$1.6 mil
Pretax return on assets: -1.69% (-$3,293.5 mil)
Quarterly Pretax return on assets: -5.03% (-$9,802.5 mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)47
Total assets$194,881
Cash and due from depository institutions$16,682
Interest-bearing balances$11,997
Securities$15,580
Federal funds sold & reverse repurchase agreements$0
Net loans & leases$156,340
Loan loss allowance $5,311
Trading account assets$0
Bank premises and fixed assets$1,077
Other real estate owned$1,053
Goodwill and other intangibles$0
All other assets$4,149
Life insurance assets$194,881
Total liabilities and capital$179,190
Total liabilities$178,153
Total deposits$147,171
Interest-bearing deposits$178,153
Deposits held in domestic offices$72
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $1,037
All other liabilities $15,691
Total equity capital$15,691
Total bank equity capital$15,691
Perpetual preferred stock$0
Common stock$5,375
Surplus$19,160
Undivided profits $-8,844
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $11,160
Earning assets $692
Long-term assets (5+ years) $794
Average Assets, year-to-date $183,917
Average Assets, quarterly $26,192
Volatile liabilities $207,602
Insider loans $199,326
FHLB advances $156,545
Loans and leases held for sale $200,387
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $14,073
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $28,929
Derivatives$1,103
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $9,407
Total interest expense $2,312
Net interest income $7,095
Provision for loan and lease losses $3,648
Total noninterest income -$60
Fiduciary activities $0
Service charges on deposit accounts $181
Trading account gains & fees $0
Additional noninterest income -$241
Total noninterest expense $6,946
Salaries and employee benefits $3,117
Premises and equipment expense $957
Additional noninterest expense $2,872
Pre-tax net operating income -$3,559
Securities gains (losses) $57
Applicable income taxes -$1,318
Income before extraordinary items -$2,184
Extraordinary gains - net $0
Net income attributable to bank -$2,184
Net charge-offs $0
Cash dividends -$2,184
Sale, conversion, retirement of capital stock, net $3,165
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.79%
Cost of funding earning assets 1.18%
Net interest margin 3.61%
Noninterest income to earning assets -0.03%
Noninterest expense to earning assets 3.54%
Net operating income to assets -1.07%
Return on assets (ROA) -1.05%
Pretax return on assets -1.69%
Return on equity (ROE) -12.63%
Retained earnings to average equity (YTD only) -12.63%
Net charge-offs to loans 1.91%
Credit loss provision to net charge-offs 115.26%
Efficiency ratio0.03%
Assets per employee$98,735
Cash dividends to net income (YTD only)4.15%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.29%
Noncurrent assets plus other real estate owned to assets 47.59%
Noncurrent loans to loans 6.27%
Net loans and leases to deposits6.90%
Net loans and leases to core deposits 87.76%
Equity capital to assets 151.06%
Core capital (leverage) ratio 8.05%
Tier 1 risk-based capital ratio 7.02%
Total risk-based capital ratio 8.99%
Memoranda
Average assets$10
Average earning assets$207,602
Average equity $17,294
Average loans $196,490
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2 Florida Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
0422379American Enterprise Bank Of Florida10611 Deerwood Park Boulevard, Jacksonville, FL 32256Febuary 23, 2004Full Service Brick and Mortar
1458052Macclenny Branch839 South Fifth Street, Macclenny, FL 32063December 29, 2006Full Service Brick and Mortar
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