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

Eastern National Bank - Overview

  • General
  • FDIC Certificate #: 20026
    Status: Active
    Federal Reserve ID: 171133
    Date Established: September 03, 1969
    WWW: http://www.enbfl.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Domestic: 5, Interstate: No)
    FDIC's unique #: 13755
    Numeric code: 3
    Regulator: OCC
    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: Yes
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 03, 1969
    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: 799 Brickell Avenue, Miami, FL 33122
    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: $393.7 mil
    Equity capital: $32.8 mil
    Deposits held in domestic offices: $334.3 mil
    Return on assets (ROA): -1.80% (-$7.1 mil)
    Quarterly return on assets: -7.50% (-$29.6 mil)
    Return on Equity (ROE): -20.74% (-$6.8 mil)
    Quarterly return on equity: -82.26% (-$27.1 mil)
    Net income: -$7.6 mil
    Quarterly Net income: -$7.5 mil
    Pretax return on assets: -0.56% (-$2,204.7 mil)
    Quarterly Pretax return on assets: -2.25% (-$8,858.0 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 96Total employees (full-time equivalent)
  • $393,688Total assets
  • $34,323Cash and due from depository institutions
  • $6,373Interest-bearing balances
  • $19,706Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $319,229Net loans & leases
  • $7,696Loan loss allowance
  • $0Trading account assets
  • $4,036Bank premises and fixed assets
  • $9,439Other real estate owned
  • $0Goodwill and other intangibles
  • $393,688Life insurance assets
  • $6,955All other assets
  • $360,915Total liabilities and capital
  • $339,006Total liabilities
  • $259,434Total deposits
  • $334,284Interest-bearing deposits
  • $77Deposits held in domestic offices
  • 17950.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $3,959Subordinated debt
  • $32,773All other liabilities
  • $32,773Total equity capital
  • $32,773Total bank equity capital
  • $0Perpetual preferred stock
  • $14,805Common stock
  • $5,299Surplus
  • $12,669Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $13,395Income earned, not collected on loans
  • $0Earning assets
  • $1,176Long-term assets (5+ years)
  • $345,308Average Assets, year-to-date
  • $95,922Average Assets, quarterly
  • $420,712Volatile liabilities
  • $401,045Insider loans
  • $237,699FHLB advances
  • $397,810Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $32,755Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $24,656Restructured Loans and leases
  • $69Derivatives
  • $8,647Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,643Total interest income
  • $2,848Total interest expense
  • $11,795Net interest income
  • $5,699Provision for loan and lease losses
  • $5,623Total noninterest income
  • $0Fiduciary activities
  • $748Service charges on deposit accounts
  • $0Trading account gains & fees
  • $4,875Additional noninterest income
  • $14,311Total noninterest expense
  • $6,879Salaries and employee benefits
  • $2,446Premises and equipment expense
  • $4,986Additional noninterest expense
  • -$2,592Pre-tax net operating income
  • $223Securities gains (losses)
  • $5,214Applicable income taxes
  • -$7,583Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,583Net income attributable to bank
  • $0Net charge-offs
  • -$7,583Cash dividends
  • $5,751Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.14%Yield on earning assets
  • 0.81%Cost of funding earning assets
  • 3.34%Net interest margin
  • 1.59%Noninterest income to earning assets
  • 4.05%Noninterest expense to earning assets
  • -1.86%Net operating income to assets
  • -1.80%Return on assets (ROA)
  • -0.56%Pretax return on assets
  • -20.74%Return on equity (ROE)
  • -20.74%Retained earnings to average equity (YTD only)
  • 1.73%Net charge-offs to loans
  • 99.10%Credit loss provision to net charge-offs
  • 0.54%Efficiency ratio
  • 82,162Assets per employee
  • 4.10%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.35%Loss allowance to noncurrent loans
  • 57.45%Noncurrent assets plus other real estate owned to assets
  • 5.80%Noncurrent loans to loans
  • 4.10%Net loans and leases to deposits
  • 94.17%Net loans and leases to core deposits
  • 113.13%Equity capital to assets
  • 8.32%Core capital (leverage) ratio
  • 8.23%Tier 1 risk-based capital ratio
  • 13.78%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $420,712Average earning assets
  • $36,560Average equity
  • $353,332Average loans

List of branches

  • 5 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    013755Eastern National Bank799 Brickell Avenue, Miami, FL 33122September 03, 1969Full Service Brick and Mortar
    2250177Coral Gables Branch270 Alhambra Circle, Coral Gables, FL 33134December 13, 1983Full Service Brick and Mortar
    5258653Kendall Banking Center Branch8803 Sw 107 Ave., Miami, FL 33176October 14, 1986Full Service Brick and Mortar
    625017984th Street Branch1584 West 84th Street, Hialeah, FL 33014April 01, 1989Full Service Brick and Mortar
    7250180M.I.c.c. Branch8190 N.W. 25th Street, Miami, FL 33122October 18, 1993Full Service Brick and Mortar

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