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- Banks in Florida (FL)
- Jefferson Bank of Florida
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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- Banks in Florida (FL)
- Jefferson Bank of Florida
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