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


  • Biscayne Bank in Miami, Florida (FL)
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Biscayne Bank - Overview

  • General
  • FDIC Certificate #: 57973
    Status: Active
    Federal Reserve ID: 3363975
    Bank Holding Company (Regulatory Top Holder): Biscayne Bancshares, Inc. (RSSDID: 3899456, Location: Coconut Grove, FL)
    Date Established: July 05, 2005
    WWW: http://www.biscaynebank.com
    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 #: 432837
    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: July 05, 2005
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 3121 Commodore Plaza, Third Floor, Miami, FL 33133
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $217.8 mil
    Equity capital: $18.1 mil
    Deposits held in domestic offices: $175.4 mil
    Return on assets (ROA): 0.41% ($0.9 mil)
    Quarterly return on assets: 0.71% ($1.5 mil)
    Return on Equity (ROE): 5.64% ($1.0 mil)
    Quarterly return on equity: 9.10% ($1.6 mil)
    Net income: $0.9 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.58% ($1,263.5 mil)
    Quarterly Pretax return on assets: 0.83% ($1,808.1 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
  • 32Total employees (full-time equivalent)
  • $217,844Total assets
  • $21,339Cash and due from depository institutions
  • $20,628Interest-bearing balances
  • $3,003Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $186,451Net loans & leases
  • $2,701Loan loss allowance
  • $0Trading account assets
  • $267Bank premises and fixed assets
  • $1,548Other real estate owned
  • $1Goodwill and other intangibles
  • $217,844Life insurance assets
  • $5,235All other assets
  • $199,744Total liabilities and capital
  • $175,398Total liabilities
  • $146,502Total deposits
  • $175,398Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $24,000Trading liabilities
  • $0Other borrowed funds
  • $346Subordinated debt
  • $18,100All other liabilities
  • $18,100Total equity capital
  • $18,100Total bank equity capital
  • $0Perpetual preferred stock
  • $7,285Common stock
  • $13,997Surplus
  • $-3,182Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $640Income earned, not collected on loans
  • $0Earning assets
  • $735Long-term assets (5+ years)
  • $210,082Average Assets, year-to-date
  • $53,097Average Assets, quarterly
  • $225,084Volatile liabilities
  • $225,864Insider loans
  • $159,146FHLB advances
  • $230,537Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $18,096Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $15,026Restructured Loans and leases
  • $2,434Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,849Total interest income
  • $2,422Total interest expense
  • $8,427Net interest income
  • $1,890Provision for loan and lease losses
  • -$644Total noninterest income
  • $0Fiduciary activities
  • $319Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$963Additional noninterest income
  • $4,533Total noninterest expense
  • $2,331Salaries and employee benefits
  • $653Premises and equipment expense
  • $1,549Additional noninterest expense
  • $1,360Pre-tax net operating income
  • -$62Securities gains (losses)
  • $364Applicable income taxes
  • $934Income before extraordinary items
  • $0Extraordinary gains - net
  • $934Net income attributable to bank
  • $0Net charge-offs
  • $934Cash dividends
  • $2,428Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.06%Yield on earning assets
  • 1.13%Cost of funding earning assets
  • 3.93%Net interest margin
  • -0.30%Noninterest income to earning assets
  • 2.12%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.41%Return on assets (ROA)
  • 0.58%Pretax return on assets
  • 5.64%Return on equity (ROE)
  • 5.64%Retained earnings to average equity (YTD only)
  • 1.34%Net charge-offs to loans
  • 77.84%Credit loss provision to net charge-offs
  • 1.34%Efficiency ratio
  • 58,242Assets per employee
  • 6.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.43%Loss allowance to noncurrent loans
  • 422.03%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 106.30%Net loans and leases to core deposits
  • 155.92%Equity capital to assets
  • 8.31%Core capital (leverage) ratio
  • 7.85%Tier 1 risk-based capital ratio
  • 11.37%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $225,084Average earning assets
  • $16,570Average equity
  • $214,237Average loans

List of branches

  • 2 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0432837Biscayne Bank3121 Commodore Plaza, Third Floor, Miami, FL 33133July 05, 2005Full Service Brick and Mortar
    1458854Doral Branch3750 Nw 87th Avenue, Doral, FL 33178Febuary 15, 2007Full Service Brick and Mortar

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