Overview, Financial Summary, Detailed Financial Reports, Branches

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  • General
  • FDIC Certificate #: 17715
    Status: Active
    Federal Reserve ID: 838632
    Bank Holding Company (Regulatory Top Holder): Jgb Financial Holding Company (RSSDID: 1021879, Location: Miami, FL)
    Date Established: January 30, 1957
    WWW: http://www.jgbbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 7 (Domestic: 7, Interstate: No)
    OTS Docket #: 9615
    FDIC's unique #: 11674
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: Yes
    State Chartered: No
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 30, 1957
    Last Structure Change Effective Date: March 01, 2009
    Last Structure Change Process Date: March 24, 2009
    Last Data Update: March 24, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 8200 Northwest 33rd Street, Doral, FL 33122
    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
  • Name Change
  • Financial Summary
  • Total assets: $381.1 mil
    Equity capital: $42.9 mil
    Deposits held in domestic offices: $279.6 mil
    Return on assets (ROA): 0.42% ($1.6 mil)
    Quarterly return on assets: 0.50% ($1.9 mil)
    Return on Equity (ROE): 3.72% ($1.6 mil)
    Quarterly return on equity: 4.36% ($1.9 mil)
    Net income: $1.6 mil
    Quarterly Net income: $0.5 mil
    Pretax return on assets: 0.42% ($1,600.8 mil)
    Quarterly Pretax return on assets: 0.50% ($1,905.7 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
  • 79Total employees (full-time equivalent)
  • $381,146Total assets
  • $55,085Cash and due from depository institutions
  • $54,406Interest-bearing balances
  • $102,372Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $207,927Net loans & leases
  • $5,433Loan loss allowance
  • $0Trading account assets
  • $3,768Bank premises and fixed assets
  • $3,656Other real estate owned
  • $0Goodwill and other intangibles
  • $381,146Life insurance assets
  • $8,338All other assets
  • $338,250Total liabilities and capital
  • $279,622Total liabilities
  • $195,865Total deposits
  • $279,622Interest-bearing deposits
  • $83Deposits held in domestic offices
  • 18864.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $39,176Trading liabilities
  • $0Other borrowed funds
  • $588Subordinated debt
  • $42,896All other liabilities
  • $42,896Total equity capital
  • $42,896Total bank equity capital
  • $0Perpetual preferred stock
  • $9,785Common stock
  • $34,849Surplus
  • $-1,738Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,930Income earned, not collected on loans
  • $0Earning assets
  • $1,940Long-term assets (5+ years)
  • $364,705Average Assets, year-to-date
  • $49,206Average Assets, quarterly
  • $372,784Volatile liabilities
  • $375,417Insider loans
  • $260,353FHLB advances
  • $370,234Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $42,975Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $32,615Restructured Loans and leases
  • $0Derivatives
  • $80Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $14,803Total interest income
  • $2,772Total interest expense
  • $12,031Net interest income
  • $765Provision for loan and lease losses
  • $1,899Total noninterest income
  • $0Fiduciary activities
  • $711Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,188Additional noninterest income
  • $12,051Total noninterest expense
  • $6,318Salaries and employee benefits
  • $1,920Premises and equipment expense
  • $3,813Additional noninterest expense
  • $1,114Pre-tax net operating income
  • $453Securities gains (losses)
  • $0Applicable income taxes
  • $1,567Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,567Net income attributable to bank
  • $0Net charge-offs
  • $1,567Cash dividends
  • $3,549Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.18%Yield on earning assets
  • 0.78%Cost of funding earning assets
  • 3.39%Net interest margin
  • 0.54%Noninterest income to earning assets
  • 3.40%Noninterest expense to earning assets
  • 0.30%Net operating income to assets
  • 0.42%Return on assets (ROA)
  • 0.42%Pretax return on assets
  • 3.72%Return on equity (ROE)
  • 3.72%Retained earnings to average equity (YTD only)
  • 1.53%Net charge-offs to loans
  • 21.56%Credit loss provision to net charge-offs
  • 0.53%Efficiency ratio
  • 86,511Assets per employee
  • 4.82%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.55%Loss allowance to noncurrent loans
  • 54.71%Noncurrent assets plus other real estate owned to assets
  • 3.56%Noncurrent loans to loans
  • 4.65%Net loans and leases to deposits
  • 74.36%Net loans and leases to core deposits
  • 90.77%Equity capital to assets
  • 11.25%Core capital (leverage) ratio
  • 11.61%Tier 1 risk-based capital ratio
  • 16.51%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $372,784Average earning assets
  • $42,078Average equity
  • $354,554Average loans

List of branches

  • 7 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011674Jgb Bank, National Association8200 Northwest 33rd Street, Doral, FL 33122January 30, 1957Full Service Brick and Mortar
    12242555Omni Branch1920 Biscayne Boulevard, Miami, FL 33132Febuary 07, 1997Full Service Brick and Mortar
    13357215Aventura Branch2999 N.E. 191st. Street, Ste. 102, Aventura, FL 33180August 02, 1999Full Service Brick and Mortar
    15479149Doral Branch8200 Nw 33 St. Suite 102, Miami, FL 33122April 28, 2008Full Service Brick and Mortar
    16489662116th Way Branch10209 Nw 116th Way, Medley, FL 33178March 27, 2009Full Service Brick and Mortar
    17506064Miami Branch - 41st Street Branch744 Arthur Godfrey Road, Miami Beach, FL 33140Febuary 05, 2010Full Service Brick and Mortar
    18518517Coral Gables Branch205 Aragon Avenue, Coral Gables, FL 33134Febuary 28, 2011Full Service Brick and Mortar

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