Helm Bank USA in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Helm Bank USA - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    045581Helm Bank Usa999 Brickell Avenue, Miami, FL 33131December 08, 1989Full Service Brick and Mortar

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