Jefferson Bank of Florida in Miami Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 05, 1997

  • Jefferson Bank of Florida in Miami Beach, Florida (FL)
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Jefferson Bank of Florida - Overview

  • General
  • FDIC Certificate #: 19056
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Colonial Bank (#27325)
    Federal Reserve ID: 703534
    Date Established: March 16, 1964
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 9 (Interstate: No)
    FDIC's unique #: 12891
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 16, 1964
    Last Structure Change Effective Date: March 05, 1997
    Last Structure Change Process Date: April 02, 1997
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 301 Arthur Godfrey Road, Miami Beach, FL 33140
    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)
  • Financial Summary
  • Total assets: $471.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $189Total assets
  • $471,035Cash and due from depository institutions
  • $15,823Interest-bearing balances
  • $40Securities
  • $99,478Federal funds sold & reverse repurchase agreements
  • $13,000Net loans & leases
  • $319,382Loan loss allowance
  • $4,008Trading account assets
  • $0Bank premises and fixed assets
  • $4,814Other real estate owned
  • $393Goodwill and other intangibles
  • $18,145Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $471,035Total liabilities
  • $438,511Total deposits
  • $405,975Interest-bearing deposits
  • $352,478Deposits held in domestic offices
  • 405975.00%% insured (estimated)
  • $79Federal funds purchased & repurchase agreements
  • $21,733Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $10,803Total equity capital
  • $10,803Total bank equity capital
  • $32,524Perpetual preferred stock
  • $0Common stock
  • $10,000Surplus
  • $14,900Undivided profits
  • Memoranda
  • $7,624Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $3,512Income earned, not collected on loans
  • $3,753Earning assets
  • $431,900Long-term assets (5+ years)
  • $148,030Average Assets, year-to-date
  • $436,105Average Assets, quarterly
  • $463,941Volatile liabilities
  • $126,889Insider loans
  • $794FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $59,260Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $33,023Total risk weighted assets
  • $325,193Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $34,112Total interest expense
  • $15,711Net interest income
  • $18,401Provision for loan and lease losses
  • $2,170Total noninterest income
  • $3,248Fiduciary activities
  • $1,095Service charges on deposit accounts
  • $831Trading account gains & fees
  • $0Additional noninterest income
  • $1,322Total noninterest expense
  • $25,162Salaries and employee benefits
  • $14,493Premises and equipment expense
  • $3,706Additional noninterest expense
  • $6,963Pre-tax net operating income
  • -$5,683Securities gains (losses)
  • -$1,692Applicable income taxes
  • -$2,770Income before extraordinary items
  • -$4,605Extraordinary gains - net
  • $0Net income attributable to bank
  • -$4,605Net charge-offs
  • $476Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.51%Cost of funding earning assets
  • 3.92%Net interest margin
  • 4.59%Noninterest income to earning assets
  • 0.81%Noninterest expense to earning assets
  • 6.28%Net operating income to assets
  • -0.81%Return on assets (ROA)
  • -1.06%Pretax return on assets
  • -1.69%Return on equity (ROE)
  • -14.59%Retained earnings to average equity (YTD only)
  • -14.59%Net charge-offs to loans
  • 0.16%Credit loss provision to net charge-offs
  • 455.88%Efficiency ratio
  • 116,227Assets per employee
  • 2.49%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.24%Loss allowance to noncurrent loans
  • 114.12%Noncurrent assets plus other real estate owned to assets
  • 0.83%Noncurrent loans to loans
  • 1.09%Net loans and leases to deposits
  • 78.67%Net loans and leases to core deposits
  • 106.17%Equity capital to assets
  • 6.90%Core capital (leverage) ratio
  • 7.14%Tier 1 risk-based capital ratio
  • 10.15%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $436,105Average earning assets
  • $31,560Average equity
  • $400,649Average loans

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