American Enterprise Bank of Florida in Jacksonville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

American Enterprise Bank of Florida - Overview

  • General
  • FDIC 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
    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
  • Location
  • Address: 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 Changes
  • Change in Location
  • Financial Summary
  • Total 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
  • 47Total employees (full-time equivalent)
  • $194,881Total assets
  • $16,682Cash and due from depository institutions
  • $11,997Interest-bearing balances
  • $15,580Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $156,340Net loans & leases
  • $5,311Loan loss allowance
  • $0Trading account assets
  • $1,077Bank premises and fixed assets
  • $1,053Other real estate owned
  • $0Goodwill and other intangibles
  • $194,881Life insurance assets
  • $4,149All other assets
  • $179,190Total liabilities and capital
  • $178,153Total liabilities
  • $147,171Total deposits
  • $178,153Interest-bearing deposits
  • $72Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,037Subordinated debt
  • $15,691All other liabilities
  • $15,691Total equity capital
  • $15,691Total bank equity capital
  • $0Perpetual preferred stock
  • $5,375Common stock
  • $19,160Surplus
  • $-8,844Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,160Income earned, not collected on loans
  • $692Earning assets
  • $794Long-term assets (5+ years)
  • $183,917Average Assets, year-to-date
  • $26,192Average Assets, quarterly
  • $207,602Volatile liabilities
  • $199,326Insider loans
  • $156,545FHLB advances
  • $200,387Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,073Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $28,929Restructured Loans and leases
  • $1,103Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,407Total interest income
  • $2,312Total interest expense
  • $7,095Net interest income
  • $3,648Provision for loan and lease losses
  • -$60Total noninterest income
  • $0Fiduciary activities
  • $181Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$241Additional noninterest income
  • $6,946Total noninterest expense
  • $3,117Salaries and employee benefits
  • $957Premises and equipment expense
  • $2,872Additional noninterest expense
  • -$3,559Pre-tax net operating income
  • $57Securities gains (losses)
  • -$1,318Applicable income taxes
  • -$2,184Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,184Net income attributable to bank
  • $0Net charge-offs
  • -$2,184Cash dividends
  • $3,165Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.79%Yield on earning assets
  • 1.18%Cost of funding earning assets
  • 3.61%Net interest margin
  • -0.03%Noninterest income to earning assets
  • 3.54%Noninterest expense to earning assets
  • -1.07%Net operating income to assets
  • -1.05%Return on assets (ROA)
  • -1.69%Pretax return on assets
  • -12.63%Return on equity (ROE)
  • -12.63%Retained earnings to average equity (YTD only)
  • 1.91%Net charge-offs to loans
  • 115.26%Credit loss provision to net charge-offs
  • 0.03%Efficiency ratio
  • 98,735Assets per employee
  • 4.15%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.29%Loss allowance to noncurrent loans
  • 47.59%Noncurrent assets plus other real estate owned to assets
  • 6.27%Noncurrent loans to loans
  • 6.90%Net loans and leases to deposits
  • 87.76%Net loans and leases to core deposits
  • 151.06%Equity capital to assets
  • 8.05%Core capital (leverage) ratio
  • 7.02%Tier 1 risk-based capital ratio
  • 8.99%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $207,602Average earning assets
  • $17,294Average equity
  • $196,490Average loans

List of branches

  • 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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