American Savings of Florida, F.S.B. in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1995

  • American Savings of Florida, F.S.B. in Miami, Florida (FL)
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American Savings of Florida, F.S.B. - Overview

  • General
  • FDIC Certificate #: 30473
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: First Union National Bank of Florida (#24398)
    Federal Reserve ID: 177470
    Date Established: August 16, 1950
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5405
    FDIC's unique #: 43307
    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: August 16, 1950
    Last Structure Change Effective Date: July 01, 1995
    Last Structure Change Process Date: July 10, 1995
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 17801 Nw Second Avenue, Miami, FL 33169
    County: Miami-Dade
    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): Miami, FL (#5000)
    Consolidated Metropolitan Statistical Area (CMSA): Miami-Fort Lauderdale, FL (#56)
    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: Miami-Miami Beach-Kendall, FL (#33124)
  • History of Changes
  • Merger - Without Assistance
  • Financial Summary
  • Total assets: $3,284.4 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)
  • $740Total assets
  • $3,570,891Cash and due from depository institutions
  • $35,651Interest-bearing balances
  • $237Securities
  • $1,239,522Federal funds sold & reverse repurchase agreements
  • $70,000Net loans & leases
  • $2,012,544Loan loss allowance
  • $19,087Trading account assets
  • $0Bank premises and fixed assets
  • $33,303Other real estate owned
  • $4,249Goodwill and other intangibles
  • $100,587Life insurance assets
  • $75,035All other assets
  • $0Total liabilities and capital
  • $3,570,891Total liabilities
  • $3,354,357Total deposits
  • $2,376,559Interest-bearing deposits
  • $2,366,325Deposits held in domestic offices
  • 2376559.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $487,534Trading liabilities
  • $0Other borrowed funds
  • $467,580Subordinated debt
  • $0All other liabilities
  • $22,684Total equity capital
  • $22,684Total bank equity capital
  • $216,534Perpetual preferred stock
  • $0Common stock
  • $115Surplus
  • $288,624Undivided profits
  • Memoranda
  • $-72,205Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $16,983Income earned, not collected on loans
  • $12,682Earning assets
  • $3,322,303Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $3,335,846Average Assets, quarterly
  • $3,532,803Volatile liabilities
  • $1,120,864Insider loans
  • $658FHLB advances
  • $454,205Loans and leases held for sale
  • $0Unused loan commitments
  • $102,602Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $178,657Total risk weighted assets
  • $1,766,950Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $193,855Total interest expense
  • $118,484Net interest income
  • $75,371Provision for loan and lease losses
  • $600Total noninterest income
  • $12,730Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $12,730Total noninterest expense
  • $65,844Salaries and employee benefits
  • $32,650Premises and equipment expense
  • $8,006Additional noninterest expense
  • $25,188Pre-tax net operating income
  • $21,657Securities gains (losses)
  • $441Applicable income taxes
  • $2,871Income before extraordinary items
  • $19,227Extraordinary gains - net
  • $0Net income attributable to bank
  • $19,227Net charge-offs
  • $1,944Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $879Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.25%Cost of funding earning assets
  • 3.82%Net interest margin
  • 2.43%Noninterest income to earning assets
  • 0.41%Noninterest expense to earning assets
  • 2.12%Net operating income to assets
  • 0.56%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 0.66%Return on equity (ROE)
  • 9.15%Retained earnings to average equity (YTD only)
  • 9.15%Net charge-offs to loans
  • 0.10%Credit loss provision to net charge-offs
  • 30.86%Efficiency ratio
  • 67,956Assets per employee
  • 4.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 112.39%Noncurrent assets plus other real estate owned to assets
  • 0.59%Noncurrent loans to loans
  • 0.84%Net loans and leases to deposits
  • 84.68%Net loans and leases to core deposits
  • 91.03%Equity capital to assets
  • 6.06%Core capital (leverage) ratio
  • 5.09%Tier 1 risk-based capital ratio
  • 10.11%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $3,335,846Average earning assets
  • $210,071Average equity
  • $3,100,328Average loans

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