FDIC Certificate #: 32718 Status: Active Federal Reserve ID: 1414819 Date Established: December 08, 1989 WWW:http://www.helmbankusa.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 13285 FDIC's unique #: 45581 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: Yes Asset Concentration Hierarchy: All Other Specialization < 1 Billion Date of Deposit Insurance: December 08, 1989 Last Structure Change Effective Date: May 20, 2009 Last Structure Change Process Date: November 23, 2009 Last Data Update: November 23, 2009 Data Source Date: April 05, 2012
Location
Address: 999 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)
History of Changes
Name Change
Financial Summary
Total assets: $866.0 mil Equity capital: $72.6 mil Deposits held in domestic offices: $788.8 mil Return on assets (ROA): 0.77% ($6.7 mil) Quarterly return on assets: 1.00% ($8.7 mil) Return on Equity (ROE): 10.02% ($7.3 mil) Quarterly return on equity: 11.87% ($8.7 mil) Net income: $6.2 mil Quarterly Net income: $2.1 mil Pretax return on assets: 0.77% ($6,667.9 mil) Quarterly Pretax return on assets: 1.00% ($8,659.6 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
79Total employees (full-time equivalent)
$865,960Total assets
$147,532Cash and due from depository institutions
$140,481Interest-bearing balances
$340,206Securities
$0Federal funds sold & reverse repurchase agreements
$364,827Net loans & leases
$12,106Loan loss allowance
$0Trading account assets
$1,833Bank premises and fixed assets
$1,895Other real estate owned
$0Goodwill and other intangibles
$865,960Life insurance assets
$9,667All other assets
$793,322Total liabilities and capital
$788,780Total liabilities
$488,648Total deposits
$788,780Interest-bearing deposits
$89Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$4,542Subordinated debt
$72,638All other liabilities
$72,638Total equity capital
$72,638Total bank equity capital
$0Perpetual preferred stock
$9,000Common stock
$8,800Surplus
$54,838Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$15,394Income earned, not collected on loans
$0Earning assets
$3,602Long-term assets (5+ years)
$845,514Average Assets, year-to-date
$293,352Average Assets, quarterly
$813,384Volatile liabilities
$846,700Insider loans
$354,396FHLB advances
$873,307Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$67,506Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$27,609Restructured Loans and leases
$0Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$28,263Total interest income
$960Total interest expense
$27,303Net interest income
$7,600Provision for loan and lease losses
$4,646Total noninterest income
$0Fiduciary activities
$1,284Service charges on deposit accounts
$0Trading account gains & fees
$3,362Additional noninterest income
$21,624Total noninterest expense
$6,592Salaries and employee benefits
$7,380Premises and equipment expense
$7,652Additional noninterest expense
$2,725Pre-tax net operating income
$3,519Securities gains (losses)
$0Applicable income taxes
$6,244Income before extraordinary items
$0Extraordinary gains - net
$6,244Net income attributable to bank
$0Net charge-offs
$6,244Cash dividends
$4,165Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.56%Yield on earning assets
0.12%Cost of funding earning assets
3.44%Net interest margin
0.59%Noninterest income to earning assets
2.73%Noninterest expense to earning assets
0.34%Net operating income to assets
0.77%Return on assets (ROA)
0.77%Pretax return on assets
10.02%Return on equity (ROE)
10.02%Retained earnings to average equity (YTD only)
1.26%Net charge-offs to loans
182.47%Credit loss provision to net charge-offs
2.48%Efficiency ratio
67,683Assets per employee
10.96%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.21%Loss allowance to noncurrent loans
78.64%Noncurrent assets plus other real estate owned to assets
2.00%Noncurrent loans to loans
4.08%Net loans and leases to deposits
46.25%Net loans and leases to core deposits
47.55%Equity capital to assets
8.39%Core capital (leverage) ratio
7.73%Tier 1 risk-based capital ratio
19.05%Total risk-based capital ratio
Memoranda
$20Average assets
$813,384Average earning assets
$62,346Average equity
$792,932Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
45581
Helm Bank Usa
999 Brickell Avenue, Miami, FL 33131
December 08, 1989
Full Service Brick and Mortar
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