Pacific National Bank in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Pacific National Bank - Overview

  • General
  • FDIC Certificate #: 26299
    Status: Active
    Federal Reserve ID: 577137
    Bank Holding Company (Regulatory Top Holder): Banco Del Pacifico S.A. (RSSDID: 1129355, Location: Guayaquil)
    Date Established: July 22, 1985
    WWW: http://www.pnb.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: 1 (Domestic: 1, Interstate: No)
    OTS Docket #: 10618
    FDIC's unique #: 32718
    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: July 22, 1985
    Last Structure Change Effective Date: March 31, 2006
    Last Structure Change Process Date: November 03, 2006
    Last Data Update: November 03, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 1390 Brickell Avenue, Miami, FL 33131
    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
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $357.3 mil
    Equity capital: $43.8 mil
    Deposits held in domestic offices: $139.2 mil
    Return on assets (ROA): -0.31% (-$1.1 mil)
    Quarterly return on assets: -0.76% (-$2.7 mil)
    Return on Equity (ROE): -2.47% (-$1.1 mil)
    Quarterly return on equity: -6.00% (-$2.6 mil)
    Net income: -$1.1 mil
    Quarterly Net income: -$0.7 mil
    Pretax return on assets: -0.36% (-$1,286.2 mil)
    Quarterly Pretax return on assets: -0.39% (-$1,393.4 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
  • 78Total employees (full-time equivalent)
  • $357,276Total assets
  • $45,972Cash and due from depository institutions
  • $542Interest-bearing balances
  • $158,268Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $128,120Net loans & leases
  • $2,994Loan loss allowance
  • $0Trading account assets
  • $7,398Bank premises and fixed assets
  • $5,386Other real estate owned
  • $0Goodwill and other intangibles
  • $357,276Life insurance assets
  • $12,132All other assets
  • $313,490Total liabilities and capital
  • $218,047Total liabilities
  • $164,542Total deposits
  • $139,197Interest-bearing deposits
  • $53Deposits held in domestic offices
  • 85850.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $8,509Trading liabilities
  • $0Other borrowed funds
  • $1,084Subordinated debt
  • $43,786All other liabilities
  • $43,786Total equity capital
  • $43,786Total bank equity capital
  • $0Perpetual preferred stock
  • $19,944Common stock
  • $14,656Surplus
  • $9,186Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,256Income earned, not collected on loans
  • $0Earning assets
  • $1,112Long-term assets (5+ years)
  • $286,930Average Assets, year-to-date
  • $171,724Average Assets, quarterly
  • $349,374Volatile liabilities
  • $348,904Insider loans
  • $178,248FHLB advances
  • $350,088Loans and leases held for sale
  • $7,420Unused loan commitments
  • $1,955Tier 1 (core) risk-based capital
  • $42,544Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $5,465Total unused commitments
  • $7,072Restructured Loans and leases
  • $0Derivatives
  • $9,357Total assets and liabilities in foreign offices

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $11,885Total interest income
  • $1,030Total interest expense
  • $10,855Net interest income
  • $458Provision for loan and lease losses
  • $1,529Total noninterest income
  • $0Fiduciary activities
  • $338Service charges on deposit accounts
  • $37Trading account gains & fees
  • $1,154Additional noninterest income
  • $14,036Total noninterest expense
  • $7,569Salaries and employee benefits
  • $2,129Premises and equipment expense
  • $4,338Additional noninterest expense
  • -$2,110Pre-tax net operating income
  • $842Securities gains (losses)
  • -$189Applicable income taxes
  • -$1,079Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,079Net income attributable to bank
  • $0Net charge-offs
  • -$1,079Cash dividends
  • $1,413Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.10%Yield on earning assets
  • 0.36%Cost of funding earning assets
  • 3.74%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 4.84%Noninterest expense to earning assets
  • -0.51%Net operating income to assets
  • -0.31%Return on assets (ROA)
  • -0.36%Pretax return on assets
  • -2.47%Return on equity (ROE)
  • -2.47%Retained earnings to average equity (YTD only)
  • 1.16%Net charge-offs to loans
  • 32.41%Credit loss provision to net charge-offs
  • -1.17%Efficiency ratio
  • 113,340Assets per employee
  • 4.58%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.28%Loss allowance to noncurrent loans
  • 32.35%Noncurrent assets plus other real estate owned to assets
  • 4.10%Noncurrent loans to loans
  • 7.06%Net loans and leases to deposits
  • 58.76%Net loans and leases to core deposits
  • 102.96%Equity capital to assets
  • 12.26%Core capital (leverage) ratio
  • 12.15%Tier 1 risk-based capital ratio
  • 23.87%Total risk-based capital ratio
  • Memoranda
  • $25Average assets
  • $349,374Average earning assets
  • $43,763Average equity
  • $289,906Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    032718Pacific National Bank1390 Brickell Avenue, Miami, FL 33131July 22, 1985Full Service Brick and Mortar

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