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

This bank is inactive as of August 09, 2010

  • TransAtlantic Bank in Miami, Florida (FL)
  • Show street view No street view available for this location

TransAtlantic Bank - Overview

  • General
  • FDIC Certificate #: 25580
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Sabadell United Bank, National Association (#21837)
    Federal Reserve ID: 972237
    Date Established: August 24, 1984
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 17529
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: August 24, 1984
    Last Structure Change Effective Date: August 09, 2010
    Last Structure Change Process Date: August 23, 2010
    Last Data Update: August 23, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 48 East Flagler Street, 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)
  • Financial Summary
  • Total assets: $532.0 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, 2009)

  • Dollar figures in thousands
  • 105Total employees (full-time equivalent)
  • $538,518Total assets
  • $84,002Cash and due from depository institutions
  • $81,736Interest-bearing balances
  • $109,591Securities
  • $125Federal funds sold & reverse repurchase agreements
  • $319,412Net loans & leases
  • $7,127Loan loss allowance
  • $0Trading account assets
  • $921Bank premises and fixed assets
  • $749Other real estate owned
  • $0Goodwill and other intangibles
  • $6,244Life insurance assets
  • $23,718All other assets
  • $538,518Total liabilities and capital
  • $486,014Total liabilities
  • $449,939Total deposits
  • $421,297Interest-bearing deposits
  • $449,939Deposits held in domestic offices
  • 54.46%% insured (estimated)
  • $7,354Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $25,000Other borrowed funds
  • $0Subordinated debt
  • $3,721All other liabilities
  • $52,504Total equity capital
  • $52,504Total bank equity capital
  • $52,504Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $6,003Undivided profits
  • Memoranda
  • $43,501Noncurrent loans and leases
  • $26,963Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $13,628Earning assets
  • $0Long-term assets (5+ years)
  • $1,195Average Assets, year-to-date
  • $510,864Average Assets, quarterly
  • $152,446Volatile liabilities
  • $517,070Insider loans
  • $539,011FHLB advances
  • $249,180Loans and leases held for sale
  • $835Unused loan commitments
  • $25,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $26,963Total unused commitments
  • $590Restructured Loans and leases
  • $4,121Derivatives

Income and Expense (December 31, 2009)

  • Dollar figures in thousands
  • $21,958Total interest income
  • $5,959Total interest expense
  • $15,999Net interest income
  • $6,500Provision for loan and lease losses
  • $3,907Total noninterest income
  • $0Fiduciary activities
  • $2,992Service charges on deposit accounts
  • $0Trading account gains & fees
  • $915Additional noninterest income
  • $16,673Total noninterest expense
  • $8,400Salaries and employee benefits
  • $2,922Premises and equipment expense
  • $5,351Additional noninterest expense
  • -$3,267Pre-tax net operating income
  • -$901Securities gains (losses)
  • -$1,862Applicable income taxes
  • -$2,306Income before extraordinary items
  • $0Extraordinary gains - net
  • -$2,306Net income attributable to bank
  • $0Net charge-offs
  • -$2,306Cash dividends
  • $5,393Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2009)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.48%Yield on earning assets
  • 1.22%Cost of funding earning assets
  • 3.26%Net interest margin
  • 0.80%Noninterest income to earning assets
  • 3.40%Noninterest expense to earning assets
  • -0.33%Net operating income to assets
  • -0.45%Return on assets (ROA)
  • -0.81%Pretax return on assets
  • -4.47%Return on equity (ROE)
  • -4.47%Retained earnings to average equity (YTD only)
  • 1.68%Net charge-offs to loans
  • 120.53%Credit loss provision to net charge-offs
  • 0.60%Efficiency ratio
  • 83,759Assets per employee
  • 5.13%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.18%Loss allowance to noncurrent loans
  • 52.30%Noncurrent assets plus other real estate owned to assets
  • 2.67%Noncurrent loans to loans
  • 4.17%Net loans and leases to deposits
  • 70.99%Net loans and leases to core deposits
  • 143.16%Equity capital to assets
  • 9.75%Core capital (leverage) ratio
  • 9.80%Tier 1 risk-based capital ratio
  • 16.24%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $517,070Average earning assets
  • $51,636Average equity
  • $490,262Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with TransAtlantic Bank.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents