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

This bank is inactive as of December 31, 1993

  • Commercial Trust Bank in Miami, Florida (FL)
  • Show street view No street view available for this location

Commercial Trust Bank - Overview

  • General
  • FDIC Certificate #: 24611
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Intercontinental Bank, National Association (#17385)
    Federal Reserve ID: 719731
    Date Established: July 01, 1983
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Interstate: No)
    FDIC's unique #: 17095
    Numeric code: 21
    Regulator: FDIC
    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: July 01, 1983
    Last Structure Change Effective Date: December 31, 1993
    Last Structure Change Process Date: Febuary 10, 1994
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1101 Brickell Avenue, Miami, FL 33131
    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: $117.3 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $70Total assets
  • $106,804Cash and due from depository institutions
  • $7,792Interest-bearing balances
  • $2,099Securities
  • $45,623Federal funds sold & reverse repurchase agreements
  • $7,500Net loans & leases
  • $43,235Loan loss allowance
  • $676Trading account assets
  • $0Bank premises and fixed assets
  • $1,197Other real estate owned
  • $448Goodwill and other intangibles
  • $1,009Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $106,804Total liabilities
  • $99,760Total deposits
  • $97,035Interest-bearing deposits
  • $67,881Deposits held in domestic offices
  • 95545.00%% insured (estimated)
  • $77Federal funds purchased & repurchase agreements
  • $556Trading liabilities
  • $0Other borrowed funds
  • $1,763Subordinated debt
  • $0All other liabilities
  • $406Total equity capital
  • $406Total bank equity capital
  • $7,044Perpetual preferred stock
  • $1,600Common stock
  • $1,736Surplus
  • $5,799Undivided profits
  • Memoranda
  • $-2,091Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $622Income earned, not collected on loans
  • $183Earning assets
  • $98,457Long-term assets (5+ years)
  • $22,743Average Assets, year-to-date
  • $100,098Average Assets, quarterly
  • $105,189Volatile liabilities
  • $18,709Insider loans
  • $994FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $6,369Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,044Total risk weighted assets
  • $53,849Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $6,492Total interest expense
  • $2,369Net interest income
  • $4,123Provision for loan and lease losses
  • $820Total noninterest income
  • $1,358Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,083Trading account gains & fees
  • $0Additional noninterest income
  • $275Total noninterest expense
  • $4,135Salaries and employee benefits
  • $2,013Premises and equipment expense
  • $712Additional noninterest expense
  • $1,410Pre-tax net operating income
  • $526Securities gains (losses)
  • $35Applicable income taxes
  • $45Income before extraordinary items
  • $516Extraordinary gains - net
  • $0Net income attributable to bank
  • $516Net charge-offs
  • $1,059Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.14%Cost of funding earning assets
  • 2.61%Net interest margin
  • 4.53%Noninterest income to earning assets
  • 1.49%Noninterest expense to earning assets
  • 4.55%Net operating income to assets
  • 0.48%Return on assets (ROA)
  • 0.52%Pretax return on assets
  • 0.56%Return on equity (ROE)
  • 7.63%Retained earnings to average equity (YTD only)
  • 7.63%Net charge-offs to loans
  • 2.29%Credit loss provision to net charge-offs
  • 77.43%Efficiency ratio
  • 75,442Assets per employee
  • 1.53%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.54%Loss allowance to noncurrent loans
  • 108.68%Noncurrent assets plus other real estate owned to assets
  • 1.00%Noncurrent loans to loans
  • 1.42%Net loans and leases to deposits
  • 44.56%Net loans and leases to core deposits
  • 53.61%Equity capital to assets
  • 6.60%Core capital (leverage) ratio
  • 6.53%Tier 1 risk-based capital ratio
  • 13.08%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $100,098Average earning assets
  • $6,766Average equity
  • $90,938Average loans

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