FDIC Certificate #: 35599 Status: Active Federal Reserve ID: 3057818 Bank Holding Company (Regulatory Top Holder): Apollo Bancshares, Inc. (RSSDID: 4020994, Location: Miami, FL) Date Established: October 01, 2001 WWW:http://www.apollobank.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 291938 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: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: October 01, 2001 Last Structure Change Effective Date: May 11, 2011 Last Structure Change Process Date: August 01, 2011 Last Data Update: August 01, 2011 Data Source Date: April 05, 2012
Location
Address: 1150 South Miami Avenue, Miami, FL 33130 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)
History of Changes
Name Change
Financial Summary
Total assets: $209.3 mil Equity capital: $23.0 mil Deposits held in domestic offices: $167.6 mil Return on assets (ROA): 0.23% ($0.5 mil) Quarterly return on assets: 0.38% ($0.8 mil) Return on Equity (ROE): 1.96% ($0.5 mil) Quarterly return on equity: 3.51% ($0.8 mil) Net income: $0.4 mil Quarterly Net income: $0.2 mil Pretax return on assets: 0.23% ($481.3 mil) Quarterly Pretax return on assets: 0.38% ($795.2 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
48Total employees (full-time equivalent)
$209,269Total assets
$4,906Cash and due from depository institutions
$4,484Interest-bearing balances
$81,874Securities
$0Federal funds sold & reverse repurchase agreements
$118,879Net loans & leases
$1,348Loan loss allowance
$0Trading account assets
$1,194Bank premises and fixed assets
$60Other real estate owned
$0Goodwill and other intangibles
$209,269Life insurance assets
$2,356All other assets
$186,244Total liabilities and capital
$167,584Total liabilities
$121,194Total deposits
$167,584Interest-bearing deposits
$71Deposits held in domestic offices
4741.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$13,050Trading liabilities
$0Other borrowed funds
$869Subordinated debt
$23,025All other liabilities
$23,025Total equity capital
$23,025Total bank equity capital
$0Perpetual preferred stock
$11,206Common stock
$24,405Surplus
$-12,586Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$2,650Income earned, not collected on loans
$0Earning assets
$1,270Long-term assets (5+ years)
$205,237Average Assets, year-to-date
$90,933Average Assets, quarterly
$193,420Volatile liabilities
$210,852Insider loans
$162,678FHLB advances
$209,024Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$22,548Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$16,926Restructured Loans and leases
$187Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$8,057Total interest income
$1,318Total interest expense
$6,739Net interest income
$53Provision for loan and lease losses
$511Total noninterest income
$0Fiduciary activities
$123Service charges on deposit accounts
$0Trading account gains & fees
$388Additional noninterest income
$6,871Total noninterest expense
$3,613Salaries and employee benefits
$1,351Premises and equipment expense
$1,907Additional noninterest expense
$326Pre-tax net operating income
$119Securities gains (losses)
$0Applicable income taxes
$445Income before extraordinary items
$0Extraordinary gains - net
$445Net income attributable to bank
$0Net charge-offs
$445Cash dividends
$59Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.25%Yield on earning assets
0.69%Cost of funding earning assets
3.55%Net interest margin
0.27%Noninterest income to earning assets
3.62%Noninterest expense to earning assets
0.17%Net operating income to assets
0.23%Return on assets (ROA)
0.23%Pretax return on assets
1.96%Return on equity (ROE)
1.96%Retained earnings to average equity (YTD only)
0.06%Net charge-offs to loans
89.83%Credit loss provision to net charge-offs
6.42%Efficiency ratio
94,772Assets per employee
4.36%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.12%Loss allowance to noncurrent loans
50.87%Noncurrent assets plus other real estate owned to assets
1.29%Noncurrent loans to loans
2.20%Net loans and leases to deposits
70.94%Net loans and leases to core deposits
82.76%Equity capital to assets
11.00%Core capital (leverage) ratio
10.79%Tier 1 risk-based capital ratio
13.86%Total risk-based capital ratio
Memoranda
$15Average assets
$193,420Average earning assets
$22,696Average equity
$189,676Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
291938
Apollo Bank
1150 South Miami Avenue, Miami, FL 33130
October 01, 2001
Full Service Brick and Mortar
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