TransCapital Bank in Sunrise, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

TransCapital Bank - Overview

  • General
  • FDIC Certificate #: 35050
    Status: Active
    Federal Reserve ID: 2835756
    Date Established: July 26, 1999
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 3 (Domestic: 3, Interstate: No)
    FDIC's unique #: 74354
    Numeric code: 21
    Regulator: FDIC
    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: No
    State Chartered: Yes
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: July 26, 1999
    Last Structure Change Effective Date: April 20, 2009
    Last Structure Change Process Date: September 23, 2010
    Last Data Update: September 23, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 8850 W Oakland Park Blvd, Sunrise, FL 33351
    County: Broward
    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): Fort Lauderdale, FL (#2680)
    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: Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (#22744)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $230.1 mil
    Equity capital: $13.3 mil
    Deposits held in domestic offices: $216.3 mil
    Return on assets (ROA): -3.27% (-$7.5 mil)
    Quarterly return on assets: -7.56% (-$17.4 mil)
    Return on Equity (ROE): -44.32% (-$5.8 mil)
    Quarterly return on equity: -115.18% (-$15.0 mil)
    Net income: -$7.9 mil
    Quarterly Net income: -$4.5 mil
    Pretax return on assets: -3.27% (-$7,523.2 mil)
    Quarterly Pretax return on assets: -7.56% (-$17,393.1 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
  • 25Total employees (full-time equivalent)
  • $230,067Total assets
  • $34,795Cash and due from depository institutions
  • $34,196Interest-bearing balances
  • $949Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $165,610Net loans & leases
  • $7,348Loan loss allowance
  • $0Trading account assets
  • $5,471Bank premises and fixed assets
  • $16,950Other real estate owned
  • $0Goodwill and other intangibles
  • $230,067Life insurance assets
  • $6,292All other assets
  • $216,757Total liabilities and capital
  • $216,350Total liabilities
  • $207,182Total deposits
  • $216,350Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $407Subordinated debt
  • $13,310All other liabilities
  • $13,310Total equity capital
  • $13,310Total bank equity capital
  • $0Perpetual preferred stock
  • $5,333Common stock
  • $3,812Surplus
  • $4,165Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $37,568Income earned, not collected on loans
  • $0Earning assets
  • $648Long-term assets (5+ years)
  • $200,755Average Assets, year-to-date
  • $8,468Average Assets, quarterly
  • $242,441Volatile liabilities
  • $237,026Insider loans
  • $184,105FHLB advances
  • $237,838Loans and leases held for sale
  • $5,044Unused loan commitments
  • $5,044Tier 1 (core) risk-based capital
  • $13,310Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $2,887Restructured Loans and leases
  • $3,319Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,318Total interest income
  • $3,016Total interest expense
  • $6,302Net interest income
  • $7,596Provision for loan and lease losses
  • $658Total noninterest income
  • $0Fiduciary activities
  • $62Service charges on deposit accounts
  • $0Trading account gains & fees
  • $596Additional noninterest income
  • $7,289Total noninterest expense
  • $1,349Salaries and employee benefits
  • $462Premises and equipment expense
  • $5,478Additional noninterest expense
  • -$7,925Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$7,925Income before extraordinary items
  • $0Extraordinary gains - net
  • -$7,925Net income attributable to bank
  • $0Net charge-offs
  • -$7,925Cash dividends
  • $7,652Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.33%Yield on earning assets
  • 1.40%Cost of funding earning assets
  • 2.93%Net interest margin
  • 0.31%Noninterest income to earning assets
  • 3.39%Noninterest expense to earning assets
  • -3.27%Net operating income to assets
  • -3.27%Return on assets (ROA)
  • -3.27%Pretax return on assets
  • -44.32%Return on equity (ROE)
  • -44.32%Retained earnings to average equity (YTD only)
  • 4.22%Net charge-offs to loans
  • 99.27%Credit loss provision to net charge-offs
  • -0.04%Efficiency ratio
  • 104,727Assets per employee
  • 9.20%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.25%Loss allowance to noncurrent loans
  • 19.56%Noncurrent assets plus other real estate owned to assets
  • 23.70%Noncurrent loans to loans
  • 21.72%Net loans and leases to deposits
  • 76.55%Net loans and leases to core deposits
  • 79.37%Equity capital to assets
  • 5.79%Core capital (leverage) ratio
  • 5.60%Tier 1 risk-based capital ratio
  • 7.23%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $242,441Average earning assets
  • $17,881Average equity
  • $215,252Average loans

List of branches

  • 3 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    074354Transcapital Bank8850 W Oakland Park Blvd, Sunrise, FL 33351July 26, 1999Full Service Brick and Mortar
    1430136Delray Beach Branch5061 W. Atlantic Ave., Delray Beach, FL 33484April 20, 2004Full Service Brick and Mortar
    4510783Hallandale Beach Branch2100 East Hallandale Beach Blvd, Hallandale Beach, FL 33009April 20, 2009Full Service Brick and Mortar

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