Hollywood Federal Savings Bank in Hollywood, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 19, 1994

  • Hollywood Federal Savings Bank in Hollywood, Florida (FL)
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Hollywood Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 33330
    Status: Inactive
    Closing history: Conservatorship Institution Resolved
    Acquiring institution: First Union National Bank of Florida (#24398)
    Federal Reserve ID: 883575
    Date Established: Febuary 22, 1991
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 9079
    FDIC's unique #: 46880
    Numeric code: 34
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: Febuary 22, 1991
    Last Structure Change Effective Date: August 19, 1994
    Last Structure Change Process Date: August 29, 1994
    Last Data Update: October 10, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 1909 Tyler Street, Hollywood, FL 33020
    County: Broward
    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): Fort Lauderdale, FL (#2680)
    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: Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (#22744)
  • History of Changes
  • Pass Through Receivership Merger
    Office Sold
    Corrections
    Conservatorship Institution Resolved
  • Financial Summary
  • Total assets: $347.6 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $281Total assets
  • $407,090Cash and due from depository institutions
  • $220,835Interest-bearing balances
  • $200,142Securities
  • $27,614Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $44,592Loan loss allowance
  • $19,041Trading account assets
  • $0Bank premises and fixed assets
  • $4,369Other real estate owned
  • $18,096Goodwill and other intangibles
  • $91,584Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $407,090Total liabilities
  • $587,685Total deposits
  • $579,041Interest-bearing deposits
  • $579,041Deposits held in domestic offices
  • 579041.00%% insured (estimated)
  • $99Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $8,644Total equity capital
  • $8,644Total bank equity capital
  • $-180,595Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $0Undivided profits
  • Memoranda
  • $-180,595Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $27,479Income earned, not collected on loans
  • $585Earning assets
  • $272,348Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $479,524Average Assets, quarterly
  • $420,651Volatile liabilities
  • $11,773Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $-180,595Total risk weighted assets
  • $212,095Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $18,204Total interest expense
  • $18,946Net interest income
  • -$742Provision for loan and lease losses
  • $7,225Total noninterest income
  • $9,595Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $9,595Total noninterest expense
  • $33,448Salaries and employee benefits
  • $7,124Premises and equipment expense
  • $10,106Additional noninterest expense
  • $16,218Pre-tax net operating income
  • -$31,820Securities gains (losses)
  • $1,135Applicable income taxes
  • $0Income before extraordinary items
  • -$30,685Extraordinary gains - net
  • $0Net income attributable to bank
  • -$30,685Net charge-offs
  • $10,531Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 5.12%Cost of funding earning assets
  • 5.33%Net interest margin
  • -0.21%Noninterest income to earning assets
  • 2.70%Noninterest expense to earning assets
  • 9.40%Net operating income to assets
  • -6.64%Return on assets (ROA)
  • -6.40%Pretax return on assets
  • -6.40%Return on equity (ROE)
  • 18.62%Retained earnings to average equity (YTD only)
  • 18.62%Net charge-offs to loans
  • 12.08%Credit loss provision to net charge-offs
  • 68.61%Efficiency ratio
  • 377,815Assets per employee
  • 1.45%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 29.92%Loss allowance to noncurrent loans
  • 69.29%Noncurrent assets plus other real estate owned to assets
  • 11.20%Noncurrent loans to loans
  • 43.18%Net loans and leases to deposits
  • 7.70%Net loans and leases to core deposits
  • 7.86%Equity capital to assets
  • -44.36%Core capital (leverage) ratio
  • -44.37%Tier 1 risk-based capital ratio
  • -85.15%Total risk-based capital ratio
  • Memoranda
  • -$85Average assets
  • $479,524Average earning assets
  • -$164,769Average equity
  • $355,704Average loans

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