Apollo Bank in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Apollo Bank - Overview

  • General
  • FDIC Certificate #: 35599
    Status: Active
    Federal Reserve ID: 3057818
    Bank Holding Company (Regulatory Top Holder): Apollo Bancshares, Inc. (RSSDID: 4020994, Location: Miami, FL)
    Date Established: October 01, 2001
    WWW: http://www.apollobank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 291938
    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: October 01, 2001
    Last Structure Change Effective Date: May 11, 2011
    Last Structure Change Process Date: August 01, 2011
    Last Data Update: August 01, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 1150 South Miami Avenue, Miami, FL 33130
    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
  • Name Change
  • Financial Summary
  • Total assets: $209.3 mil
    Equity capital: $23.0 mil
    Deposits held in domestic offices: $167.6 mil
    Return on assets (ROA): 0.23% ($0.5 mil)
    Quarterly return on assets: 0.38% ($0.8 mil)
    Return on Equity (ROE): 1.96% ($0.5 mil)
    Quarterly return on equity: 3.51% ($0.8 mil)
    Net income: $0.4 mil
    Quarterly Net income: $0.2 mil
    Pretax return on assets: 0.23% ($481.3 mil)
    Quarterly Pretax return on assets: 0.38% ($795.2 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
  • 48Total employees (full-time equivalent)
  • $209,269Total assets
  • $4,906Cash and due from depository institutions
  • $4,484Interest-bearing balances
  • $81,874Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $118,879Net loans & leases
  • $1,348Loan loss allowance
  • $0Trading account assets
  • $1,194Bank premises and fixed assets
  • $60Other real estate owned
  • $0Goodwill and other intangibles
  • $209,269Life insurance assets
  • $2,356All other assets
  • $186,244Total liabilities and capital
  • $167,584Total liabilities
  • $121,194Total deposits
  • $167,584Interest-bearing deposits
  • $71Deposits held in domestic offices
  • 4741.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $13,050Trading liabilities
  • $0Other borrowed funds
  • $869Subordinated debt
  • $23,025All other liabilities
  • $23,025Total equity capital
  • $23,025Total bank equity capital
  • $0Perpetual preferred stock
  • $11,206Common stock
  • $24,405Surplus
  • $-12,586Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,650Income earned, not collected on loans
  • $0Earning assets
  • $1,270Long-term assets (5+ years)
  • $205,237Average Assets, year-to-date
  • $90,933Average Assets, quarterly
  • $193,420Volatile liabilities
  • $210,852Insider loans
  • $162,678FHLB advances
  • $209,024Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $22,548Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,926Restructured Loans and leases
  • $187Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $8,057Total interest income
  • $1,318Total interest expense
  • $6,739Net interest income
  • $53Provision for loan and lease losses
  • $511Total noninterest income
  • $0Fiduciary activities
  • $123Service charges on deposit accounts
  • $0Trading account gains & fees
  • $388Additional noninterest income
  • $6,871Total noninterest expense
  • $3,613Salaries and employee benefits
  • $1,351Premises and equipment expense
  • $1,907Additional noninterest expense
  • $326Pre-tax net operating income
  • $119Securities gains (losses)
  • $0Applicable income taxes
  • $445Income before extraordinary items
  • $0Extraordinary gains - net
  • $445Net income attributable to bank
  • $0Net charge-offs
  • $445Cash dividends
  • $59Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.25%Yield on earning assets
  • 0.69%Cost of funding earning assets
  • 3.55%Net interest margin
  • 0.27%Noninterest income to earning assets
  • 3.62%Noninterest expense to earning assets
  • 0.17%Net operating income to assets
  • 0.23%Return on assets (ROA)
  • 0.23%Pretax return on assets
  • 1.96%Return on equity (ROE)
  • 1.96%Retained earnings to average equity (YTD only)
  • 0.06%Net charge-offs to loans
  • 89.83%Credit loss provision to net charge-offs
  • 6.42%Efficiency ratio
  • 94,772Assets per employee
  • 4.36%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.12%Loss allowance to noncurrent loans
  • 50.87%Noncurrent assets plus other real estate owned to assets
  • 1.29%Noncurrent loans to loans
  • 2.20%Net loans and leases to deposits
  • 70.94%Net loans and leases to core deposits
  • 82.76%Equity capital to assets
  • 11.00%Core capital (leverage) ratio
  • 10.79%Tier 1 risk-based capital ratio
  • 13.86%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $193,420Average earning assets
  • $22,696Average equity
  • $189,676Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0291938Apollo Bank1150 South Miami Avenue, Miami, FL 33130October 01, 2001Full Service Brick and Mortar

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