Home Federal Bank of Hollywood in Hallandale Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

  • Home Federal Bank of Hollywood in Hallandale Beach, Florida (FL)
  • Show street view No street view available for this location

Home Federal Bank of Hollywood - Overview

  • General
  • FDIC 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
  • Location
  • Address: 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 Changes
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total 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
  • 15Total employees (full-time equivalent)
  • $74,876Total assets
  • $4,546Cash and due from depository institutions
  • $3,571Interest-bearing balances
  • $747Securities
  • $3,565Federal funds sold & reverse repurchase agreements
  • $54,853Net loans & leases
  • $1,899Loan loss allowance
  • $0Trading account assets
  • $3,913Bank premises and fixed assets
  • $5,794Other real estate owned
  • $0Goodwill and other intangibles
  • $74,876Life insurance assets
  • $1,458All other assets
  • $67,369Total liabilities and capital
  • $55,476Total liabilities
  • $50,089Total deposits
  • $55,476Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $11,700Trading liabilities
  • $0Other borrowed funds
  • $193Subordinated debt
  • $7,507All other liabilities
  • $7,507Total equity capital
  • $7,507Total bank equity capital
  • $0Perpetual preferred stock
  • $0Common stock
  • $14,450Surplus
  • $-6,943Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,547Income earned, not collected on loans
  • $0Earning assets
  • $262Long-term assets (5+ years)
  • $62,736Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $79,698Volatile liabilities
  • $78,027Insider loans
  • $51,335FHLB advances
  • $74,879Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $7,510Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $300Restructured Loans and leases
  • $1Derivatives

Income and Expense (December 31, 2011)

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

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.73%Yield on earning assets
  • 1.79%Cost of funding earning assets
  • 2.94%Net interest margin
  • 0.11%Noninterest income to earning assets
  • 3.72%Noninterest expense to earning assets
  • -4.91%Net operating income to assets
  • -4.91%Return on assets (ROA)
  • -4.91%Pretax return on assets
  • -49.85%Return on equity (ROE)
  • -49.85%Retained earnings to average equity (YTD only)
  • 3.57%Net charge-offs to loans
  • 171.34%Credit loss provision to net charge-offs
  • -0.22%Efficiency ratio
  • 121,771Assets per employee
  • 4.99%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.35%Loss allowance to noncurrent loans
  • 29.01%Noncurrent assets plus other real estate owned to assets
  • 16.48%Noncurrent loans to loans
  • 11.54%Net loans and leases to deposits
  • 98.88%Net loans and leases to core deposits
  • 116.40%Equity capital to assets
  • 10.03%Core capital (leverage) ratio
  • 10.03%Tier 1 risk-based capital ratio
  • 14.63%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $79,698Average earning assets
  • $7,846Average equity
  • $67,665Average loans

List of branches

  • 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

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.
Table of Contents