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

This bank is inactive as of July 16, 1999

  • Republic National Bank of Miami in Miami, Florida (FL)
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Republic National Bank of Miami - Overview

  • General
  • FDIC Certificate #: 19511
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 755533
    Date Established: November 08, 1965
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 28 (Interstate: No)
    OTS Docket #: 15526
    FDIC's unique #: 13311
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: November 08, 1965
    Last Structure Change Effective Date: July 16, 1999
    Last Structure Change Process Date: July 23, 1999
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 10 N. W. 42nd Avenue, Miami, FL 33144
    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: $1,513.7 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 690Total employees (full-time equivalent)
  • $1,570,714Total assets
  • $48,531Cash and due from depository institutions
  • $137Interest-bearing balances
  • $388,313Securities
  • $23,705Federal funds sold & reverse repurchase agreements
  • $1,018,365Net loans & leases
  • $12,402Loan loss allowance
  • $0Trading account assets
  • $57,757Bank premises and fixed assets
  • $34Other real estate owned
  • $6,977Goodwill and other intangibles
  • $0Life insurance assets
  • $27,032All other assets
  • $1,570,714Total liabilities and capital
  • $1,420,353Total liabilities
  • $1,285,468Total deposits
  • $1,025,117Interest-bearing deposits
  • $1,275,509Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $72,578Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $52,275Other borrowed funds
  • $0Subordinated debt
  • $10,032All other liabilities
  • $150,361Total equity capital
  • $150,361Total bank equity capital
  • $150,361Perpetual preferred stock
  • $0Common stock
  • $10,161Surplus
  • $30,487Undivided profits
  • Memoranda
  • $109,713Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $10,381Earning assets
  • $542Long-term assets (5+ years)
  • $7,857Average Assets, year-to-date
  • $1,430,520Average Assets, quarterly
  • $298,845Volatile liabilities
  • $1,535,269Insider loans
  • $1,554,423FHLB advances
  • $389,388Loans and leases held for sale
  • $2,535Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $426,901Total unused commitments
  • $0Restructured Loans and leases
  • $967,847Derivatives
  • $31,672Total assets and liabilities in foreign offices

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $113,175Total interest income
  • $51,553Total interest expense
  • $61,622Net interest income
  • $8,142Provision for loan and lease losses
  • $23,315Total noninterest income
  • $0Fiduciary activities
  • $11,824Service charges on deposit accounts
  • $0Trading account gains & fees
  • $11,491Additional noninterest income
  • $53,001Total noninterest expense
  • $26,871Salaries and employee benefits
  • $9,036Premises and equipment expense
  • $17,094Additional noninterest expense
  • $23,794Pre-tax net operating income
  • $154Securities gains (losses)
  • $8,045Applicable income taxes
  • $15,903Income before extraordinary items
  • $0Extraordinary gains - net
  • $15,903Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $7,614Sale, conversion, retirement of capital stock, net
  • $7,966Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.13%Yield on earning assets
  • 3.70%Cost of funding earning assets
  • 4.43%Net interest margin
  • 1.67%Noninterest income to earning assets
  • 3.81%Noninterest expense to earning assets
  • 1.03%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.56%Pretax return on assets
  • 10.88%Return on equity (ROE)
  • 5.43%Retained earnings to average equity (YTD only)
  • 0.79%Net charge-offs to loans
  • 106.93%Credit loss provision to net charge-offs
  • 4.19%Efficiency ratio
  • 61,368Assets per employee
  • 2.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 50.09%Loss allowance to loans
  • 1.20%Loss allowance to noncurrent loans
  • 119.47%Noncurrent assets plus other real estate owned to assets
  • 0.66%Noncurrent loans to loans
  • 1.01%Net loans and leases to deposits
  • 79.22%Net loans and leases to core deposits
  • 104.89%Equity capital to assets
  • 9.57%Core capital (leverage) ratio
  • 9.27%Tier 1 risk-based capital ratio
  • 14.79%Total risk-based capital ratio
  • Memoranda
  • $16Average assets
  • $1,535,269Average earning assets
  • $146,171Average equity
  • $1,392,401Average loans

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