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

This bank is inactive as of June 20, 1997

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

Universal National Bank - Overview

  • General
  • FDIC Certificate #: 25639
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: TotalBank (#21468)
    Federal Reserve ID: 868134
    Date Established: September 10, 1984
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Interstate: No)
    FDIC's unique #: 17548
    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: September 10, 1984
    Last Structure Change Effective Date: June 20, 1997
    Last Structure Change Process Date: August 04, 1997
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 17701 Biscayne Boulevard, Miami, FL 33160
    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: $75.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $43Total assets
  • $74,646Cash and due from depository institutions
  • $5,576Interest-bearing balances
  • $500Securities
  • $17,892Federal funds sold & reverse repurchase agreements
  • $6,190Net loans & leases
  • $41,859Loan loss allowance
  • $740Trading account assets
  • $0Bank premises and fixed assets
  • $254Other real estate owned
  • $97Goodwill and other intangibles
  • $2,778Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $74,646Total liabilities
  • $67,612Total deposits
  • $63,754Interest-bearing deposits
  • $44,938Deposits held in domestic offices
  • 63754.00%% insured (estimated)
  • $83Federal funds purchased & repurchase agreements
  • $1,502Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,356Total equity capital
  • $2,356Total bank equity capital
  • $7,034Perpetual preferred stock
  • $0Common stock
  • $1,900Surplus
  • $1,975Undivided profits
  • Memoranda
  • $3,159Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,338Income earned, not collected on loans
  • $452Earning assets
  • $66,441Long-term assets (5+ years)
  • $11,007Average Assets, year-to-date
  • $72,345Average Assets, quarterly
  • $73,347Volatile liabilities
  • $10,005Insider loans
  • $180FHLB advances
  • $0Loans and leases held for sale
  • $1,998Unused loan commitments
  • $5,577Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $7,489Total risk weighted assets
  • $44,694Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,391Total interest expense
  • $1,739Net interest income
  • $3,652Provision for loan and lease losses
  • $0Total noninterest income
  • $1,708Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,052Trading account gains & fees
  • $0Additional noninterest income
  • $656Total noninterest expense
  • $3,455Salaries and employee benefits
  • $1,557Premises and equipment expense
  • $683Additional noninterest expense
  • $1,215Pre-tax net operating income
  • $1,905Securities gains (losses)
  • $0Applicable income taxes
  • $559Income before extraordinary items
  • $1,346Extraordinary gains - net
  • $0Net income attributable to bank
  • $1,346Net charge-offs
  • $38Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.50%Cost of funding earning assets
  • 2.74%Net interest margin
  • 5.76%Noninterest income to earning assets
  • 2.69%Noninterest expense to earning assets
  • 5.45%Net operating income to assets
  • 1.86%Return on assets (ROA)
  • 1.86%Pretax return on assets
  • 2.63%Return on equity (ROE)
  • 21.49%Retained earnings to average equity (YTD only)
  • 21.49%Net charge-offs to loans
  • 0.09%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 64,459Assets per employee
  • 1.74%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.74%Loss allowance to noncurrent loans
  • 55.31%Noncurrent assets plus other real estate owned to assets
  • 1.92%Noncurrent loans to loans
  • 3.14%Net loans and leases to deposits
  • 65.66%Net loans and leases to core deposits
  • 75.76%Equity capital to assets
  • 9.42%Core capital (leverage) ratio
  • 10.08%Tier 1 risk-based capital ratio
  • 16.76%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $72,345Average earning assets
  • $6,262Average equity
  • $63,407Average loans

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