County National Bank of South Florida in North Miami Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 02, 1997

  • County National Bank of South Florida in North Miami Beach, Florida (FL)
  • Show street view No street view available for this location

County National Bank of South Florida - Overview

  • General
  • FDIC Certificate #: 18646
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Republic Security Bank (#32254)
    Federal Reserve ID: 477536
    Date Established: November 27, 1962
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    FDIC's unique #: 12527
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: November 27, 1962
    Last Structure Change Effective Date: December 02, 1997
    Last Structure Change Process Date: December 30, 1997
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 801 N.E. 167th Street, North Miami Beach, FL 33162
    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: $252.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $165Total assets
  • $245,946Cash and due from depository institutions
  • $15,617Interest-bearing balances
  • $0Securities
  • $56,460Federal funds sold & reverse repurchase agreements
  • $19,585Net loans & leases
  • $143,746Loan loss allowance
  • $2,524Trading account assets
  • $0Bank premises and fixed assets
  • $4,186Other real estate owned
  • $3,338Goodwill and other intangibles
  • $3,014Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $245,946Total liabilities
  • $224,842Total deposits
  • $212,586Interest-bearing deposits
  • $147,129Deposits held in domestic offices
  • 212586.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $5,980Trading liabilities
  • $0Other borrowed funds
  • $850Subordinated debt
  • $0All other liabilities
  • $5,426Total equity capital
  • $5,426Total bank equity capital
  • $21,104Perpetual preferred stock
  • $0Common stock
  • $2,424Surplus
  • $12,737Undivided profits
  • Memoranda
  • $5,943Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,670Income earned, not collected on loans
  • $763Earning assets
  • $219,791Long-term assets (5+ years)
  • $7,869Average Assets, year-to-date
  • $234,582Average Assets, quarterly
  • $238,436Volatile liabilities
  • $20,417Insider loans
  • $551FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $29,862Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $21,161Total risk weighted assets
  • $166,496Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,132Total interest expense
  • $5,245Net interest income
  • $12,887Provision for loan and lease losses
  • $24Total noninterest income
  • $2,792Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,425Trading account gains & fees
  • $0Additional noninterest income
  • $367Total noninterest expense
  • $14,720Salaries and employee benefits
  • $5,541Premises and equipment expense
  • $2,200Additional noninterest expense
  • $6,979Pre-tax net operating income
  • $935Securities gains (losses)
  • -$11Applicable income taxes
  • $0Income before extraordinary items
  • $924Extraordinary gains - net
  • $0Net income attributable to bank
  • $924Net charge-offs
  • $540Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.63%Cost of funding earning assets
  • 2.50%Net interest margin
  • 6.14%Noninterest income to earning assets
  • 1.33%Noninterest expense to earning assets
  • 7.01%Net operating income to assets
  • 0.40%Return on assets (ROA)
  • 0.39%Pretax return on assets
  • 0.39%Return on equity (ROE)
  • 4.32%Retained earnings to average equity (YTD only)
  • 4.32%Net charge-offs to loans
  • 0.38%Credit loss provision to net charge-offs
  • 4.44%Efficiency ratio
  • 93,884Assets per employee
  • 1.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.73%Loss allowance to noncurrent loans
  • 94.53%Noncurrent assets plus other real estate owned to assets
  • 2.44%Noncurrent loans to loans
  • 1.83%Net loans and leases to deposits
  • 67.62%Net loans and leases to core deposits
  • 72.54%Equity capital to assets
  • 8.58%Core capital (leverage) ratio
  • 9.13%Tier 1 risk-based capital ratio
  • 12.71%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $234,582Average earning assets
  • $21,365Average equity
  • $209,994Average loans

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 County National Bank of South Florida.
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