EuroBank in Coral Gables, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


EuroBank - Overview

  • General
  • FDIC Certificate #: 26725
    Status: Active
    Federal Reserve ID: 110936
    Date Established: July 24, 1986
    WWW: http://www.eurobankfl.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 35806
    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: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 24, 1986
    Last Structure Change Effective Date: October 01, 2008
    Last Structure Change Process Date: October 08, 2008
    Last Data Update: October 08, 2008
    Data Source Date: April 05, 2012
  • Location
  • Address: 1901 Ponce De Leon Boulevard, Coral Gables, FL 33134
    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: $75.9 mil
    Equity capital: $2.5 mil
    Deposits held in domestic offices: $69.3 mil
    Return on assets (ROA): -2.72% (-$2.1 mil)
    Quarterly return on assets: -5.34% (-$4.1 mil)
    Return on Equity (ROE): -64.73% (-$1.9 mil)
    Quarterly return on equity: -137.98% (-$4.1 mil)
    Net income: -$2.4 mil
    Quarterly Net income: -$1.1 mil
    Pretax return on assets: -2.72% (-$2,065.5 mil)
    Quarterly Pretax return on assets: -5.34% (-$4,055.1 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
  • 22Total employees (full-time equivalent)
  • $75,939Total assets
  • $2,437Cash and due from depository institutions
  • $2,023Interest-bearing balances
  • $2,224Securities
  • $256Federal funds sold & reverse repurchase agreements
  • $58,274Net loans & leases
  • $1,743Loan loss allowance
  • $0Trading account assets
  • $1,153Bank premises and fixed assets
  • $10,542Other real estate owned
  • $0Goodwill and other intangibles
  • $75,939Life insurance assets
  • $1,053All other assets
  • $73,406Total liabilities and capital
  • $69,283Total liabilities
  • $66,275Total deposits
  • $69,283Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $3,000Other borrowed funds
  • $1,123Subordinated debt
  • $2,533All other liabilities
  • $2,533Total equity capital
  • $2,533Total bank equity capital
  • $0Perpetual preferred stock
  • $5,015Common stock
  • $8,607Surplus
  • $-11,089Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,587Income earned, not collected on loans
  • $0Earning assets
  • $269Long-term assets (5+ years)
  • $62,777Average Assets, year-to-date
  • $1,701Average Assets, quarterly
  • $88,982Volatile liabilities
  • $79,687Insider loans
  • $65,654FHLB advances
  • $79,259Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $2,524Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,300Restructured Loans and leases
  • $634Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,520Total interest income
  • $951Total interest expense
  • $2,569Net interest income
  • $161Provision for loan and lease losses
  • $398Total noninterest income
  • $0Fiduciary activities
  • $77Service charges on deposit accounts
  • $0Trading account gains & fees
  • $321Additional noninterest income
  • $5,238Total noninterest expense
  • $1,759Salaries and employee benefits
  • $551Premises and equipment expense
  • $2,928Additional noninterest expense
  • -$2,432Pre-tax net operating income
  • $13Securities gains (losses)
  • $0Applicable income taxes
  • -$2,419Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,419Net income attributable to bank
  • $0Net charge-offs
  • -$2,419Cash dividends
  • $254Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.62%Yield on earning assets
  • 1.25%Cost of funding earning assets
  • 3.37%Net interest margin
  • 0.52%Noninterest income to earning assets
  • 6.88%Noninterest expense to earning assets
  • -2.73%Net operating income to assets
  • -2.72%Return on assets (ROA)
  • -2.72%Pretax return on assets
  • -64.73%Return on equity (ROE)
  • -64.73%Retained earnings to average equity (YTD only)
  • 0.39%Net charge-offs to loans
  • 63.39%Credit loss provision to net charge-offs
  • -8.94%Efficiency ratio
  • 176,542Assets per employee
  • 3.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.90%Loss allowance to noncurrent loans
  • 18.18%Noncurrent assets plus other real estate owned to assets
  • 26.51%Noncurrent loans to loans
  • 15.97%Net loans and leases to deposits
  • 84.11%Net loans and leases to core deposits
  • 96.02%Equity capital to assets
  • 3.34%Core capital (leverage) ratio
  • 3.18%Tier 1 risk-based capital ratio
  • 3.84%Total risk-based capital ratio
  • Memoranda
  • $8Average assets
  • $88,982Average earning assets
  • $3,737Average equity
  • $76,138Average loans

List of branches

  • 3 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    035806Eurobank1901 Ponce De Leon Boulevard, Coral Gables, FL 33134July 24, 1986Full Service Brick and Mortar
    6455601Yamato Road Branch698 Yamato Road, Suite 5, Boca Raton, FL 33431October 02, 2006Full Service Brick and Mortar
    7460083Pompano Beach Branch839 West Sample Road, Pompano Beach, FL 33064Febuary 05, 2007Full Service Brick and Mortar

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