FDIC Certificate #: 17970 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:TotalBank (#21468) Federal Reserve ID: 643434 Date Established: Febuary 18, 1959 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 6 (Interstate: No) OTS Docket #: 14706 FDIC's unique #: 11902 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: Febuary 18, 1959 Last Structure Change Effective Date: April 17, 1998 Last Structure Change Process Date: April 27, 1998 Last Data Update: September 18, 1999 Data Source Date: April 05, 2012
Location
Address: 17945 Franjo Road, Perrine, FL 33157 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: $117.2 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
92Total employees (full-time equivalent)
$112,955Total assets
$7,811Cash and due from depository institutions
$0Interest-bearing balances
$47,971Securities
$2,777Federal funds sold & reverse repurchase agreements
$50,028Net loans & leases
$792Loan loss allowance
$0Trading account assets
$2,615Bank premises and fixed assets
$220Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,533All other assets
$112,955Total liabilities and capital
$103,712Total liabilities
$102,498Total deposits
$71,082Interest-bearing deposits
$102,498Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$730Other borrowed funds
$0Subordinated debt
$484All other liabilities
$9,243Total equity capital
$9,243Total bank equity capital
$9,243Perpetual preferred stock
$0Common stock
$870Surplus
$1,730Undivided profits
Memoranda
$6,643Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$23Earning assets
$0Long-term assets (5+ years)
$301Average Assets, year-to-date
$100,776Average Assets, quarterly
$17,505Volatile liabilities
$110,168Insider loans
$112,324FHLB advances
$8,697Loans and leases held for sale
$364Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$5,581Total unused commitments
$0Restructured Loans and leases
$61,925Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$7,712Total interest income
$2,469Total interest expense
$5,243Net interest income
$28Provision for loan and lease losses
$1,453Total noninterest income
$0Fiduciary activities
$939Service charges on deposit accounts
$0Trading account gains & fees
$514Additional noninterest income
$4,973Total noninterest expense
$2,723Salaries and employee benefits
$983Premises and equipment expense
$1,267Additional noninterest expense
$1,695Pre-tax net operating income
$0Securities gains (losses)
$464Applicable income taxes
$1,231Income before extraordinary items
$0Extraordinary gains - net
$1,231Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$34Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.81%Yield on earning assets
2.50%Cost of funding earning assets
5.31%Net interest margin
1.47%Noninterest income to earning assets
5.03%Noninterest expense to earning assets
1.12%Net operating income to assets
1.12%Return on assets (ROA)
1.54%Pretax return on assets
14.18%Return on equity (ROE)
14.18%Retained earnings to average equity (YTD only)
0.07%Net charge-offs to loans
82.35%Credit loss provision to net charge-offs
50.68%Efficiency ratio
74,268Assets per employee
1.23%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.56%Loss allowance to noncurrent loans
3443.48%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.05%Net loans and leases to deposits
48.81%Net loans and leases to core deposits
52.92%Equity capital to assets
8.18%Core capital (leverage) ratio
8.21%Tier 1 risk-based capital ratio
14.88%Total risk-based capital ratio
Memoranda
$16Average assets
$110,168Average earning assets
$8,678Average equity
$98,803Average loans
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