Jupiter-Tequesta National Bank in Tequesta, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 15, 1995

  • Jupiter-Tequesta National Bank in Tequesta, Florida (FL)
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Jupiter-Tequesta National Bank - Overview

  • General
  • FDIC Certificate #: 27407
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: 1st United Bank (#27136)
    Federal Reserve ID: 1229189
    Date Established: December 15, 1988
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 2 (Interstate: No)
    OTS Docket #: 11870
    FDIC's unique #: 39876
    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: December 15, 1988
    Last Structure Change Effective Date: April 15, 1995
    Last Structure Change Process Date: May 24, 1995
    Last Data Update: May 24, 1995
    Data Source Date: April 05, 2012
  • Location
  • Address: 250 Tequesta Drive, Tequesta, FL 33469
    County: Palm Beach
    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): West Palm Beach-Boca Raton, FL (#8960)
    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: West Palm Beach-Boca Raton-Boynton Beach, FL (#48424)
  • Financial Summary
  • Total assets: $58.1 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)
  • $32Total assets
  • $58,428Cash and due from depository institutions
  • $4,273Interest-bearing balances
  • $0Securities
  • $17,608Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $35,375Loan loss allowance
  • $335Trading account assets
  • $0Bank premises and fixed assets
  • $336Other real estate owned
  • $50Goodwill and other intangibles
  • $786Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $58,428Total liabilities
  • $54,380Total deposits
  • $53,392Interest-bearing deposits
  • $42,700Deposits held in domestic offices
  • 53392.00%% insured (estimated)
  • $84Federal funds purchased & repurchase agreements
  • $429Trading liabilities
  • $0Other borrowed funds
  • $350Subordinated debt
  • $0All other liabilities
  • $209Total equity capital
  • $209Total bank equity capital
  • $4,048Perpetual preferred stock
  • $0Common stock
  • $2,015Surplus
  • $2,001Undivided profits
  • Memoranda
  • $32Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $182Earning assets
  • $52,983Long-term assets (5+ years)
  • $3,196Average Assets, year-to-date
  • $56,827Average Assets, quarterly
  • $56,782Volatile liabilities
  • $2,189Insider loans
  • $666FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,955Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,007Total risk weighted assets
  • $37,306Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $3,666Total interest expense
  • $1,264Net interest income
  • $2,402Provision for loan and lease losses
  • $23Total noninterest income
  • $246Fiduciary activities
  • $0Service charges on deposit accounts
  • $161Trading account gains & fees
  • $0Additional noninterest income
  • $85Total noninterest expense
  • $2,486Salaries and employee benefits
  • $1,296Premises and equipment expense
  • $413Additional noninterest expense
  • $777Pre-tax net operating income
  • $139Securities gains (losses)
  • -$58Applicable income taxes
  • $18Income before extraordinary items
  • $63Extraordinary gains - net
  • $0Net income attributable to bank
  • $63Net charge-offs
  • $15Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.08%Cost of funding earning assets
  • 2.44%Net interest margin
  • 4.64%Noninterest income to earning assets
  • 0.48%Noninterest expense to earning assets
  • 4.80%Net operating income to assets
  • 0.19%Return on assets (ROA)
  • 0.11%Pretax return on assets
  • 0.14%Return on equity (ROE)
  • 1.54%Retained earnings to average equity (YTD only)
  • 1.54%Net charge-offs to loans
  • 0.05%Credit loss provision to net charge-offs
  • 153.33%Efficiency ratio
  • 93,882Assets per employee
  • 1.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.09%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 66.26%Net loans and leases to core deposits
  • 68.51%Equity capital to assets
  • 6.93%Core capital (leverage) ratio
  • 7.07%Tier 1 risk-based capital ratio
  • 10.74%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $56,827Average earning assets
  • $4,092Average equity
  • $51,750Average loans

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