Jefferson National Bank at Sunny Isles in Sunny Isles, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 01, 1993

  • Jefferson National Bank at Sunny Isles in Sunny Isles, Florida (FL)
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Jefferson National Bank at Sunny Isles - Overview

  • General
  • FDIC Certificate #: 19357
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Jefferson Bank of Florida (#19056)
    Federal Reserve ID: 48936
    Date Established: January 22, 1965
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    FDIC's unique #: 13167
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: January 22, 1965
    Last Structure Change Effective Date: December 01, 1993
    Last Structure Change Process Date: January 26, 1994
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 290 Sunny Isles Boulevard, Sunny Isles, FL 33160
    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: $108.6 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $37Total assets
  • $119,951Cash and due from depository institutions
  • $2,602Interest-bearing balances
  • $0Securities
  • $77,065Federal funds sold & reverse repurchase agreements
  • $2,300Net loans & leases
  • $34,442Loan loss allowance
  • $265Trading account assets
  • $0Bank premises and fixed assets
  • $654Other real estate owned
  • $544Goodwill and other intangibles
  • $2,344Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $119,951Total liabilities
  • $109,425Total deposits
  • $104,715Interest-bearing deposits
  • $84,791Deposits held in domestic offices
  • 104715.00%% insured (estimated)
  • $80Federal funds purchased & repurchase agreements
  • $3,959Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $751Total equity capital
  • $751Total bank equity capital
  • $10,526Perpetual preferred stock
  • $0Common stock
  • $1,656Surplus
  • $1,656Undivided profits
  • Memoranda
  • $7,214Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $497Income earned, not collected on loans
  • $283Earning assets
  • $113,807Long-term assets (5+ years)
  • $51,746Average Assets, year-to-date
  • $113,551Average Assets, quarterly
  • $117,190Volatile liabilities
  • $23,425Insider loans
  • $0FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $3,174Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $10,526Total risk weighted assets
  • $49,488Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $7,244Total interest expense
  • $2,666Net interest income
  • $4,578Provision for loan and lease losses
  • $339Total noninterest income
  • $959Fiduciary activities
  • $0Service charges on deposit accounts
  • $374Trading account gains & fees
  • $0Additional noninterest income
  • $585Total noninterest expense
  • $4,258Salaries and employee benefits
  • $1,190Premises and equipment expense
  • $945Additional noninterest expense
  • $2,123Pre-tax net operating income
  • $940Securities gains (losses)
  • $1,390Applicable income taxes
  • $579Income before extraordinary items
  • $1,751Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,751Net charge-offs
  • $444Cash dividends
  • $800Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.87%Cost of funding earning assets
  • 2.53%Net interest margin
  • 4.34%Noninterest income to earning assets
  • 0.91%Noninterest expense to earning assets
  • 4.04%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 1.54%Pretax return on assets
  • 2.05%Return on equity (ROE)
  • 17.39%Retained earnings to average equity (YTD only)
  • 9.45%Net charge-offs to loans
  • 1.09%Credit loss provision to net charge-offs
  • 76.35%Efficiency ratio
  • 76,901Assets per employee
  • 3.24%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 45.69%Loss allowance to loans
  • 0.76%Loss allowance to noncurrent loans
  • 53.32%Noncurrent assets plus other real estate owned to assets
  • 0.87%Noncurrent loans to loans
  • 1.43%Net loans and leases to deposits
  • 32.89%Net loans and leases to core deposits
  • 40.40%Equity capital to assets
  • 8.78%Core capital (leverage) ratio
  • 8.91%Tier 1 risk-based capital ratio
  • 21.27%Total risk-based capital ratio
  • Memoranda
  • $22Average assets
  • $113,551Average earning assets
  • $10,069Average equity
  • $105,431Average loans

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