Interamerican Bank, A FSB in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


  • Interamerican Bank, A FSB in Miami, Florida (FL)
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Interamerican Bank, A FSB - Overview

  • General
  • FDIC Certificate #: 31823
    Status: Active
    Federal Reserve ID: 221775
    Date Established: August 23, 1976
    WWW: http://www.interamericanbank.com
    Trust Powers Granted: No
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    Offices: 5 (Domestic: 5, Interstate: No)
    OTS Docket #: 7506
    FDIC's unique #: 44657
    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: August 23, 1976
    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: 9190 Coral Way, Miami, FL 33165
    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
  • Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $248.5 mil
    Equity capital: $30.4 mil
    Deposits held in domestic offices: $217.0 mil
    Return on assets (ROA): 0.22% ($0.5 mil)
    Quarterly return on assets: 0.11% ($0.3 mil)
    Return on Equity (ROE): 1.82% ($0.5 mil)
    Quarterly return on equity: 0.87% ($0.3 mil)
    Net income: $0.5 mil
    Quarterly Net income: $0.1 mil
    Pretax return on assets: 0.35% ($869.7 mil)
    Quarterly Pretax return on assets: 0.18% ($447.3 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
  • 75Total employees (full-time equivalent)
  • $248,485Total assets
  • $28,289Cash and due from depository institutions
  • $27,112Interest-bearing balances
  • $203Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $201,760Net loans & leases
  • $4,680Loan loss allowance
  • $0Trading account assets
  • $6,875Bank premises and fixed assets
  • $4,710Other real estate owned
  • $0Goodwill and other intangibles
  • $248,485Life insurance assets
  • $6,648All other assets
  • $218,120Total liabilities and capital
  • $217,031Total liabilities
  • $187,199Total deposits
  • $217,031Interest-bearing deposits
  • $90Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,089Subordinated debt
  • $30,365All other liabilities
  • $30,365Total equity capital
  • $30,365Total bank equity capital
  • $0Perpetual preferred stock
  • $1Common stock
  • $1,041Surplus
  • $29,323Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $10,000Income earned, not collected on loans
  • $0Earning assets
  • $893Long-term assets (5+ years)
  • $229,075Average Assets, year-to-date
  • $0Average Assets, quarterly
  • $252,138Volatile liabilities
  • $250,504Insider loans
  • $180,234FHLB advances
  • $244,731Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $26,611Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $14,176Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $10,377Total interest income
  • $1,711Total interest expense
  • $8,666Net interest income
  • $1,220Provision for loan and lease losses
  • $1,470Total noninterest income
  • $0Fiduciary activities
  • $830Service charges on deposit accounts
  • $0Trading account gains & fees
  • $640Additional noninterest income
  • $8,044Total noninterest expense
  • $4,156Salaries and employee benefits
  • $1,830Premises and equipment expense
  • $2,058Additional noninterest expense
  • $872Pre-tax net operating income
  • $0Securities gains (losses)
  • $324Applicable income taxes
  • $548Income before extraordinary items
  • $0Extraordinary gains - net
  • $548Net income attributable to bank
  • $0Net charge-offs
  • $548Cash dividends
  • $1,948Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.47%Yield on earning assets
  • 0.74%Cost of funding earning assets
  • 3.73%Net interest margin
  • 0.63%Noninterest income to earning assets
  • 3.46%Noninterest expense to earning assets
  • 0.22%Net operating income to assets
  • 0.22%Return on assets (ROA)
  • 0.35%Pretax return on assets
  • 1.82%Return on equity (ROE)
  • 1.82%Retained earnings to average equity (YTD only)
  • 0.93%Net charge-offs to loans
  • 62.63%Credit loss provision to net charge-offs
  • 1.07%Efficiency ratio
  • 79,361Assets per employee
  • 3.31%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.27%Loss allowance to noncurrent loans
  • 46.80%Noncurrent assets plus other real estate owned to assets
  • 5.92%Noncurrent loans to loans
  • 4.84%Net loans and leases to deposits
  • 92.96%Net loans and leases to core deposits
  • 102.88%Equity capital to assets
  • 12.22%Core capital (leverage) ratio
  • 10.87%Tier 1 risk-based capital ratio
  • 14.76%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $252,138Average earning assets
  • $30,136Average equity
  • $232,291Average loans

List of branches

  • 5 Florida Branches as of April 05, 2012
    • NoIDNameAddressEstablishedService TypeMap
    044657Interamerican Bank, A Fsb9190 Coral Way, Miami, FL 33165August 23, 1976Full Service Brick and Mortar
    100286026West Miami Branch1000 Southwest 57th Avenue, Miami, FL 33146June 30, 1987Full Service Brick and Mortar
    101286027Kendall Branch12855 S.W. 88th Street, Miami, FL 33186January 29, 1996Full Service Brick and Mortar
    102286028Hialeah Branch4090 West 12th Avenue, Hialeah, FL 33012December 01, 1996Full Service Brick and Mortar
    104495146South Congress Avenue Branch2265 South Congress Ave, West Palm Beach, FL 33406May 07, 2007Full Service Brick and Mortar

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