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

Espirito Santo Bank - Overview

  • General
  • FDIC Certificate #: 21220
    Status: Active
    Federal Reserve ID: 729132
    Bank Holding Company (Regulatory Top Holder): Espirito Santo Control S.A. (RSSDID: 2464268, Location: Luxembourg)
    Date Established: September 12, 1973
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 14674
    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: Yes
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: September 12, 1973
    Last Structure Change Effective Date: July 26, 2006
    Last Structure Change Process Date: July 27, 2006
    Last Data Update: July 27, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1395 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: $612.8 mil
    Equity capital: $52.2 mil
    Deposits held in domestic offices: $490.9 mil
    Return on assets (ROA): 1.31% ($8.0 mil)
    Quarterly return on assets: 2.67% ($16.4 mil)
    Return on Equity (ROE): 16.08% ($8.4 mil)
    Quarterly return on equity: 32.37% ($16.8 mil)
    Net income: $7.8 mil
    Quarterly Net income: $4.1 mil
    Pretax return on assets: 0.68% ($4,167.0 mil)
    Quarterly Pretax return on assets: 0.21% ($1,286.9 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
  • 100Total employees (full-time equivalent)
  • $612,792Total assets
  • $48,525Cash and due from depository institutions
  • $42,432Interest-bearing balances
  • $69,002Securities
  • $30,000Federal funds sold & reverse repurchase agreements
  • $438,255Net loans & leases
  • $8,132Loan loss allowance
  • $5,997Trading account assets
  • $4,583Bank premises and fixed assets
  • $848Other real estate owned
  • $0Goodwill and other intangibles
  • $612,792Life insurance assets
  • $15,582All other assets
  • $560,624Total liabilities and capital
  • $505,748Total liabilities
  • $287,297Total deposits
  • $490,948Interest-bearing deposits
  • $65Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $48,000Trading liabilities
  • $0Other borrowed funds
  • $6,876Subordinated debt
  • $52,168All other liabilities
  • $52,168Total equity capital
  • $52,168Total bank equity capital
  • $0Perpetual preferred stock
  • $15,944Common stock
  • $27,218Surplus
  • $9,006Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $11,359Income earned, not collected on loans
  • $137Earning assets
  • $2,996Long-term assets (5+ years)
  • $585,686Average Assets, year-to-date
  • $12,912Average Assets, quarterly
  • $595,669Volatile liabilities
  • $614,504Insider loans
  • $352,077FHLB advances
  • $615,470Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $52,903Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $42,181Restructured Loans and leases
  • $229Derivatives
  • $89Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $21,852Total interest income
  • $2,507Total interest expense
  • $19,345Net interest income
  • $1,930Provision for loan and lease losses
  • $10,316Total noninterest income
  • $0Fiduciary activities
  • $859Service charges on deposit accounts
  • -$2Trading account gains & fees
  • $9,459Additional noninterest income
  • $24,201Total noninterest expense
  • $12,207Salaries and employee benefits
  • $3,475Premises and equipment expense
  • $8,519Additional noninterest expense
  • $3,530Pre-tax net operating income
  • $588Securities gains (losses)
  • -$3,758Applicable income taxes
  • $7,876Income before extraordinary items
  • $0Extraordinary gains - net
  • $7,821Net income attributable to bank
  • $55Net charge-offs
  • $7,876Cash dividends
  • $1,499Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.84%Yield on earning assets
  • 0.44%Cost of funding earning assets
  • 3.40%Net interest margin
  • 1.81%Noninterest income to earning assets
  • 4.25%Noninterest expense to earning assets
  • 1.22%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 0.68%Pretax return on assets
  • 16.08%Return on equity (ROE)
  • 16.08%Retained earnings to average equity (YTD only)
  • 0.34%Net charge-offs to loans
  • 128.75%Credit loss provision to net charge-offs
  • 3.64%Efficiency ratio
  • 81,592Assets per employee
  • 6.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.82%Loss allowance to noncurrent loans
  • 71.59%Noncurrent assets plus other real estate owned to assets
  • 1.99%Noncurrent loans to loans
  • 2.54%Net loans and leases to deposits
  • 86.65%Net loans and leases to core deposits
  • 93.99%Equity capital to assets
  • 8.51%Core capital (leverage) ratio
  • 8.60%Tier 1 risk-based capital ratio
  • 15.03%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $595,669Average earning assets
  • $48,627Average equity
  • $569,669Average loans

Total Fiduciary and Related Assets (December 31, 2001)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $7,125Managed Assets
  • 1Number of Accounts
  • $7,125Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $7,125Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 6Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    014674Espirito Santo Bank1395 Brickell Avenue, Miami, FL 33131September 12, 1973Full Service Brick and Mortar

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 Espirito Santo Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents