Bank of Coral Gables in Coral Gables, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 01, 1994

  • Bank of Coral Gables in Coral Gables, Florida (FL)
  • Show street view No street view available for this location

Bank of Coral Gables - Overview

  • General
  • FDIC Certificate #: 23418
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Intercontinental Bank, National Association (#17385)
    Federal Reserve ID: 12834
    Date Established: May 16, 1981
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 16415
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 16, 1981
    Last Structure Change Effective Date: July 01, 1994
    Last Structure Change Process Date: August 02, 1994
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 2701 Ponce De Leon Boulevard, Coral Gables, FL 33134
    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)
  • Financial Summary
  • Total assets: $97.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $43Total assets
  • $95,267Cash and due from depository institutions
  • $3,189Interest-bearing balances
  • $0Securities
  • $36,118Federal funds sold & reverse repurchase agreements
  • $7,700Net loans & leases
  • $39,406Loan loss allowance
  • $830Trading account assets
  • $0Bank premises and fixed assets
  • $5,443Other real estate owned
  • $2,158Goodwill and other intangibles
  • $946Life insurance assets
  • $307All other assets
  • $0Total liabilities and capital
  • $95,267Total liabilities
  • $86,657Total deposits
  • $84,134Interest-bearing deposits
  • $60,057Deposits held in domestic offices
  • 84134.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $1,002Trading liabilities
  • $0Other borrowed funds
  • $750Subordinated debt
  • $0All other liabilities
  • $771Total equity capital
  • $771Total bank equity capital
  • $8,610Perpetual preferred stock
  • $0Common stock
  • $3,549Surplus
  • $2,609Undivided profits
  • Memoranda
  • $2,452Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,637Income earned, not collected on loans
  • $206Earning assets
  • $83,224Long-term assets (5+ years)
  • $2,753Average Assets, year-to-date
  • $99,868Average Assets, quarterly
  • $96,710Volatile liabilities
  • $10,525Insider loans
  • $1,144FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $7,055Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $8,303Total risk weighted assets
  • $50,271Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,607Total interest expense
  • $1,478Net interest income
  • $4,129Provision for loan and lease losses
  • $106Total noninterest income
  • $842Fiduciary activities
  • $0Service charges on deposit accounts
  • $639Trading account gains & fees
  • $0Additional noninterest income
  • $203Total noninterest expense
  • $3,834Salaries and employee benefits
  • $1,789Premises and equipment expense
  • $697Additional noninterest expense
  • $1,348Pre-tax net operating income
  • $1,031Securities gains (losses)
  • $393Applicable income taxes
  • $505Income before extraordinary items
  • $919Extraordinary gains - net
  • $0Net income attributable to bank
  • $919Net charge-offs
  • $176Cash dividends
  • $118Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.46%Cost of funding earning assets
  • 1.70%Net interest margin
  • 4.76%Noninterest income to earning assets
  • 0.97%Noninterest expense to earning assets
  • 4.42%Net operating income to assets
  • 0.66%Return on assets (ROA)
  • 0.92%Pretax return on assets
  • 1.43%Return on equity (ROE)
  • 11.23%Retained earnings to average equity (YTD only)
  • 9.79%Net charge-offs to loans
  • 0.42%Credit loss provision to net charge-offs
  • 60.23%Efficiency ratio
  • 76,101Assets per employee
  • 2.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 12.84%Loss allowance to loans
  • 2.06%Loss allowance to noncurrent loans
  • 50.70%Noncurrent assets plus other real estate owned to assets
  • 3.98%Noncurrent loans to loans
  • 4.07%Net loans and leases to deposits
  • 46.84%Net loans and leases to core deposits
  • 52.82%Equity capital to assets
  • 9.04%Core capital (leverage) ratio
  • 8.50%Tier 1 risk-based capital ratio
  • 16.52%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $99,868Average earning assets
  • $8,184Average equity
  • $86,732Average loans

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