Central Bank in city_name, state_name - Detailed Financial Reports, Location

Central Bank in Miami, Florida (FL)
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Central Bank - Overview

General
FDIC Certificate #: 25610
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: BankUnited, FSB (#32247)
Federal Reserve ID: 1005730
Date Established: September 17, 1984
Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Offices: 4 (Interstate: No)
FDIC's unique #: 17540
Numeric code: 13
Regulator: FED
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: September 17, 1984
Last Structure Change Effective Date: June 19, 1998
Last Structure Change Process Date: June 25, 1998
Last Data Update: September 18, 1999
Data Source Date: April 05, 2012
Location
Address: 7970 N.W. 36th Street, Miami, FL 33166
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: $95.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

Dollar figures in thousands
51Total employees (full-time equivalent)
$94,437Total assets
$6,985Cash and due from depository institutions
$0Interest-bearing balances
$29,499Securities
$7,600Federal funds sold & reverse repurchase agreements
$48,316Net loans & leases
$918Loan loss allowance
$0Trading account assets
$138Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,899All other assets
$94,437Total liabilities and capital
$83,560Total liabilities
$74,783Total deposits
$47,668Interest-bearing deposits
$74,783Deposits held in domestic offices
0.00%% insured (estimated)
$8,334Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$443All other liabilities
$10,877Total equity capital
$10,877Total bank equity capital
$10,877Perpetual preferred stock
$0Common stock
$2,700Surplus
$1,800Undivided profits
Memoranda
$6,377Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$123Earning assets
$53Long-term assets (5+ years)
$325Average Assets, year-to-date
$85,415Average Assets, quarterly
$10,705Volatile liabilities
$93,065Insider loans
$93,969FHLB advances
$23,077Loans and leases held for sale
$1,659Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$8,475Total unused commitments
$0Restructured Loans and leases
$59,161Derivatives

Income and Expense (December 31, 1997)

Dollar figures in thousands
$6,937Total interest income
$2,389Total interest expense
$4,548Net interest income
$275Provision for loan and lease losses
$1,214Total noninterest income
$0Fiduciary activities
$1,031Service charges on deposit accounts
$0Trading account gains & fees
$183Additional noninterest income
$3,661Total noninterest expense
$1,759Salaries and employee benefits
$713Premises and equipment expense
$1,189Additional noninterest expense
$1,826Pre-tax net operating income
$2Securities gains (losses)
$679Applicable income taxes
$1,149Income before extraordinary items
$0Extraordinary gains - net
$1,149Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$267Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1997)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.09%Yield on earning assets
2.79%Cost of funding earning assets
5.30%Net interest margin
1.42%Noninterest income to earning assets
4.27%Noninterest expense to earning assets
1.23%Net operating income to assets
1.23%Return on assets (ROA)
1.96%Pretax return on assets
11.27%Return on equity (ROE)
11.27%Retained earnings to average equity (YTD only)
0.55%Net charge-offs to loans
103.00%Credit loss provision to net charge-offs
7.87%Efficiency ratio
63,537Assets per employee
1.85%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.86%Loss allowance to noncurrent loans
746.34%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.25%Net loans and leases to deposits
64.61%Net loans and leases to core deposits
80.47%Equity capital to assets
11.52%Core capital (leverage) ratio
11.40%Tier 1 risk-based capital ratio
18.15%Total risk-based capital ratio
Memoranda
$19Average assets
$93,065Average earning assets
$10,192Average equity
$85,770Average loans

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

Central Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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

Central Bank - Overview

Assets and Liabilities (December 31, 1997)

Income and Expense (December 31, 1997)

Performance and Condition Ratios (December 31, 1997)

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

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