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

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Apollo Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents