Intercontinental Bank, National Association in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 13, 1995

  • Intercontinental Bank, National Association in Miami, Florida (FL)
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Intercontinental Bank, National Association - Overview

  • General
  • FDIC Certificate #: 17385
    Status: Inactive
    Closing history: Change in Primary Regulatory Agency
    Acquiring institution: NationsBank of Florida, N.A. (#15474)
    Federal Reserve ID: 888534
    Date Established: January 07, 1955
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 27 (Interstate: No)
    OTS Docket #: 5797
    FDIC's unique #: 11386
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: January 07, 1955
    Last Structure Change Effective Date: December 13, 1995
    Last Structure Change Process Date: December 27, 1995
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 200 S.E. First Street, Suite 1001, 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
  • Merger - Without Assistance
    Participated in Reorganization
    Name Change
    Change in Primary Regulatory Agency
  • Financial Summary
  • Total assets: $1,155.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $549Total assets
  • $1,156,056Cash and due from depository institutions
  • $64,869Interest-bearing balances
  • $181Securities
  • $323,529Federal funds sold & reverse repurchase agreements
  • $27,000Net loans & leases
  • $650,883Loan loss allowance
  • $11,779Trading account assets
  • $0Bank premises and fixed assets
  • $50,712Other real estate owned
  • $3,773Goodwill and other intangibles
  • $15,931Life insurance assets
  • $19,359All other assets
  • $0Total liabilities and capital
  • $1,156,056Total liabilities
  • $1,066,292Total deposits
  • $955,885Interest-bearing deposits
  • $677,628Deposits held in domestic offices
  • 955885.00%% insured (estimated)
  • $77Federal funds purchased & repurchase agreements
  • $96,660Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $13,747Total equity capital
  • $13,747Total bank equity capital
  • $89,764Perpetual preferred stock
  • $350Common stock
  • $13,791Surplus
  • $59,175Undivided profits
  • Memoranda
  • $16,448Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,011Income earned, not collected on loans
  • $4,141Earning assets
  • $1,001,593Long-term assets (5+ years)
  • $123,599Average Assets, year-to-date
  • $1,130,481Average Assets, quarterly
  • $1,137,437Volatile liabilities
  • $193,377Insider loans
  • $24,096FHLB advances
  • $0Loans and leases held for sale
  • $313Unused loan commitments
  • $64,724Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $86,670Total risk weighted assets
  • $713,908Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $67,000Total interest expense
  • $20,344Net interest income
  • $46,656Provision for loan and lease losses
  • $678Total noninterest income
  • $15,360Fiduciary activities
  • $0Service charges on deposit accounts
  • $8,750Trading account gains & fees
  • $0Additional noninterest income
  • $6,610Total noninterest expense
  • $38,886Salaries and employee benefits
  • $20,018Premises and equipment expense
  • $5,199Additional noninterest expense
  • $13,669Pre-tax net operating income
  • $22,452Securities gains (losses)
  • -$2,243Applicable income taxes
  • $7,461Income before extraordinary items
  • $12,748Extraordinary gains - net
  • $0Net income attributable to bank
  • $12,748Net charge-offs
  • -$243Cash dividends
  • $2,279Sale, conversion, retirement of capital stock, net
  • $238Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.81%Cost of funding earning assets
  • 2.07%Net interest margin
  • 4.74%Noninterest income to earning assets
  • 1.56%Noninterest expense to earning assets
  • 3.95%Net operating income to assets
  • 1.25%Return on assets (ROA)
  • 1.13%Pretax return on assets
  • 1.79%Return on equity (ROE)
  • 14.89%Retained earnings to average equity (YTD only)
  • 12.22%Net charge-offs to loans
  • -0.04%Credit loss provision to net charge-offs
  • -279.01%Efficiency ratio
  • 57,338Assets per employee
  • 2.11%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 17.88%Loss allowance to loans
  • 1.78%Loss allowance to noncurrent loans
  • 293.67%Noncurrent assets plus other real estate owned to assets
  • 0.64%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 68.09%Net loans and leases to core deposits
  • 75.76%Equity capital to assets
  • 7.76%Core capital (leverage) ratio
  • 7.87%Tier 1 risk-based capital ratio
  • 12.14%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $1,130,481Average earning assets
  • $85,641Average equity
  • $984,236Average loans

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