Home Federal Bank of Hollywood in Hallandale Beach, Florida (FL)

Show street view No street view available for this location
Table of contents:
Home Federal Bank of Hollywood
GeneralFDIC Certificate #: 34652
Status: Active
Federal Reserve ID: 2728746
Date Established: September 08, 1998
Trust Powers Granted: No
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
Offices: 1 (Domestic: 1, Interstate: No)
OTS Docket #: 14725
FDIC's unique #: 61029
Numeric code: 33
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
FDIC Insured: Yes
Insured Savings Institution: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: Commercial Lending Specialization
Date of Deposit Insurance: September 08, 1998
Last Structure Change Effective Date: July 21, 2011
Last Structure Change Process Date: July 21, 2011
Last Data Update: July 21, 2011
Data Source Date: April 05, 2012
LocationAddress: 900 North Federal Highway, Hallandale Beach, FL 33009
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 ChangesChange in Primary Regulatory Agency
Financial SummaryTotal assets: $74.9 mil
Equity capital: $7.5 mil
Deposits held in domestic offices: $55.5 mil
Return on assets (ROA): -4.91% (-$3.7 mil)
Quarterly return on assets: -6.54% (-$4.9 mil)
Return on Equity (ROE): -49.85% (-$4.0 mil)
Quarterly return on equity: -62.61% (-$5.0 mil)
Net income: -$3.9 mil
Quarterly Net income: -$1.3 mil
Pretax return on assets: -4.91% (-$3,676.4 mil)
Quarterly Pretax return on assets: -6.54% (-$4,896.9 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)
Total employees (full-time equivalent)15
Total assets$74,876
Cash and due from depository institutions$4,546
Interest-bearing balances$3,571
Federal funds sold & reverse repurchase agreements$3,565
Net loans & leases$54,853
Loan loss allowance $1,899
Trading account assets$0
Bank premises and fixed assets$3,913
Other real estate owned$5,794
Goodwill and other intangibles$0
All other assets$1,458
Life insurance assets$74,876
Total liabilities and capital$67,369
Total liabilities$55,476
Total deposits$50,089
Interest-bearing deposits$55,476
Deposits held in domestic offices$96
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$11,700
Other borrowed funds $0
Subordinated debt $193
All other liabilities $7,507
Total equity capital$7,507
Total bank equity capital$7,507
Perpetual preferred stock$0
Common stock$0
Undivided profits $-6,943
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $6,547
Earning assets $0
Long-term assets (5+ years) $262
Average Assets, year-to-date $62,736
Average Assets, quarterly $0
Volatile liabilities $79,698
Insider loans $78,027
FHLB advances $51,335
Loans and leases held for sale $74,879
Unused loan commitments $0
Tier 1 (core) risk-based capital $0
Tier 2 risk-based capital $7,510
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $300
Back to page top, Back to table top

Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $3,200
Total interest expense $1,208
Net interest income $1,992
Provision for loan and lease losses $3,461
Total noninterest income $75
Fiduciary activities $0
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $75
Total noninterest expense $2,517
Salaries and employee benefits $1,220
Premises and equipment expense $543
Additional noninterest expense $754
Pre-tax net operating income -$3,911
Securities gains (losses) $0
Applicable income taxes $0
Income before extraordinary items -$3,911
Extraordinary gains - net $0
Net income attributable to bank -$3,911
Net charge-offs $0
Cash dividends -$3,911
Sale, conversion, retirement of capital stock, net $2,020
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.73%
Cost of funding earning assets 1.79%
Net interest margin 2.94%
Noninterest income to earning assets 0.11%
Noninterest expense to earning assets 3.72%
Net operating income to assets -4.91%
Return on assets (ROA) -4.91%
Pretax return on assets -4.91%
Return on equity (ROE) -49.85%
Retained earnings to average equity (YTD only) -49.85%
Net charge-offs to loans 3.57%
Credit loss provision to net charge-offs 171.34%
Efficiency ratio-0.22%
Assets per employee$121,771
Cash dividends to net income (YTD only)4.99%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 3.35%
Noncurrent assets plus other real estate owned to assets 29.01%
Noncurrent loans to loans 16.48%
Net loans and leases to deposits11.54%
Net loans and leases to core deposits 98.88%
Equity capital to assets 116.40%
Core capital (leverage) ratio 10.03%
Tier 1 risk-based capital ratio 10.03%
Total risk-based capital ratio 14.63%
Average assets$16
Average earning assets$79,698
Average equity $7,846
Average loans $67,665
Back to page top, Back to table top

1 Florida Branch as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
061029Home Federal Bank Of Hollywood900 North Federal Highway, Hallandale Beach, FL 33009September 08, 1998Full Service Brick and Mortar
Back to page top

User Contributions:

Comment about this bank, ask questions, or add new information about it:


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Home Federal Bank of Hollywood.
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.