American Bank of Hollywood in Hollywood, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 01, 1998

  • American Bank of Hollywood in Hollywood, Florida (FL)
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American Bank of Hollywood - Overview

  • General
  • FDIC Certificate #: 20639
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: 1st United Bank (#27136)
    Federal Reserve ID: 879635
    Date Established: March 29, 1972
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 7 (Interstate: No)
    FDIC's unique #: 14248
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: March 29, 1972
    Last Structure Change Effective Date: April 01, 1998
    Last Structure Change Process Date: April 08, 1998
    Last Data Update: April 08, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 6600 Taft Street, Hollywood, FL 33021
    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)
  • Financial Summary
  • Total assets: $274.8 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 148Total employees (full-time equivalent)
  • $285,075Total assets
  • $22,126Cash and due from depository institutions
  • $0Interest-bearing balances
  • $94,243Securities
  • $11,700Federal funds sold & reverse repurchase agreements
  • $143,581Net loans & leases
  • $1,591Loan loss allowance
  • $0Trading account assets
  • $7,718Bank premises and fixed assets
  • $685Other real estate owned
  • $1,128Goodwill and other intangibles
  • $0Life insurance assets
  • $3,894All other assets
  • $285,075Total liabilities and capital
  • $255,988Total liabilities
  • $239,167Total deposits
  • $170,617Interest-bearing deposits
  • $239,167Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $13,805Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $3,016All other liabilities
  • $29,087Total equity capital
  • $29,087Total bank equity capital
  • $29,087Perpetual preferred stock
  • $0Common stock
  • $1,775Surplus
  • $6,717Undivided profits
  • Memoranda
  • $20,595Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,955Earning assets
  • $0Long-term assets (5+ years)
  • $746Average Assets, year-to-date
  • $249,524Average Assets, quarterly
  • $10,469Volatile liabilities
  • $274,557Insider loans
  • $281,713FHLB advances
  • $39,340Loans and leases held for sale
  • $59Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $15,074Total unused commitments
  • $0Restructured Loans and leases
  • $178,642Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $19,619Total interest income
  • $6,613Total interest expense
  • $13,006Net interest income
  • $116Provision for loan and lease losses
  • $2,183Total noninterest income
  • $0Fiduciary activities
  • $1,752Service charges on deposit accounts
  • $0Trading account gains & fees
  • $431Additional noninterest income
  • $11,940Total noninterest expense
  • $8,158Salaries and employee benefits
  • $1,161Premises and equipment expense
  • $2,621Additional noninterest expense
  • $3,133Pre-tax net operating income
  • -$74Securities gains (losses)
  • $1,203Applicable income taxes
  • $1,856Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,856Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $134Sale, conversion, retirement of capital stock, net
  • $894Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.02%Yield on earning assets
  • 2.70%Cost of funding earning assets
  • 5.32%Net interest margin
  • 0.89%Noninterest income to earning assets
  • 4.88%Noninterest expense to earning assets
  • 0.69%Net operating income to assets
  • 0.68%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 6.61%Return on equity (ROE)
  • 3.43%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 86.57%Credit loss provision to net charge-offs
  • 24.25%Efficiency ratio
  • 77,997Assets per employee
  • 1.93%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 48.17%Loss allowance to loans
  • 1.10%Loss allowance to noncurrent loans
  • 81.38%Noncurrent assets plus other real estate owned to assets
  • 0.93%Noncurrent loans to loans
  • 1.35%Net loans and leases to deposits
  • 60.03%Net loans and leases to core deposits
  • 67.21%Equity capital to assets
  • 10.20%Core capital (leverage) ratio
  • 10.07%Tier 1 risk-based capital ratio
  • 15.65%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $274,557Average earning assets
  • $28,077Average equity
  • $244,513Average loans

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