Banyan Bank in Boca Raton, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 20, 1996

  • Banyan Bank in Boca Raton, Florida (FL)
  • Show street view No street view available for this location

Banyan Bank - Overview

  • General
  • FDIC Certificate #: 27022
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Republic Security Bank (#32254)
    Federal Reserve ID: 395331
    Date Established: July 09, 1987
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 2 (Interstate: No)
    FDIC's unique #: 36469
    Numeric code: 13
    Regulator: FED
    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: July 09, 1987
    Last Structure Change Effective Date: January 20, 1996
    Last Structure Change Process Date: Febuary 23, 1996
    Last Data Update: Febuary 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 7601 North Federal Highway, Boca Raton, FL 33431
    County: Palm Beach
    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): West Palm Beach-Boca Raton, FL (#8960)
    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: West Palm Beach-Boca Raton-Boynton Beach, FL (#48424)
  • Financial Summary
  • Total assets: $54.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $25Total assets
  • $53,953Cash and due from depository institutions
  • $15,824Interest-bearing balances
  • $14,114Securities
  • $273Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $36,971Loan loss allowance
  • $374Trading account assets
  • $0Bank premises and fixed assets
  • $251Other real estate owned
  • $383Goodwill and other intangibles
  • $251Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $53,953Total liabilities
  • $49,170Total deposits
  • $48,765Interest-bearing deposits
  • $43,488Deposits held in domestic offices
  • 48765.00%% insured (estimated)
  • $89Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $405Total equity capital
  • $405Total bank equity capital
  • $4,783Perpetual preferred stock
  • $0Common stock
  • $2,657Surplus
  • $1,061Undivided profits
  • Memoranda
  • $1,065Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $186Earning assets
  • $51,358Long-term assets (5+ years)
  • $1,325Average Assets, year-to-date
  • $47,825Average Assets, quarterly
  • $51,776Volatile liabilities
  • $5,956Insider loans
  • $931FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $8,041Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $4,783Total risk weighted assets
  • $36,238Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,292Total interest expense
  • $1,853Net interest income
  • $2,439Provision for loan and lease losses
  • -$17Total noninterest income
  • $291Fiduciary activities
  • $0Service charges on deposit accounts
  • $73Trading account gains & fees
  • $0Additional noninterest income
  • $218Total noninterest expense
  • $1,880Salaries and employee benefits
  • $1,030Premises and equipment expense
  • $319Additional noninterest expense
  • $531Pre-tax net operating income
  • $867Securities gains (losses)
  • $47Applicable income taxes
  • $324Income before extraordinary items
  • $590Extraordinary gains - net
  • $0Net income attributable to bank
  • $590Net charge-offs
  • -$7Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.59%Cost of funding earning assets
  • 4.14%Net interest margin
  • 5.45%Noninterest income to earning assets
  • 0.65%Noninterest expense to earning assets
  • 4.20%Net operating income to assets
  • 1.17%Return on assets (ROA)
  • 1.23%Pretax return on assets
  • 1.91%Return on equity (ROE)
  • 13.34%Retained earnings to average equity (YTD only)
  • 13.34%Net charge-offs to loans
  • -0.02%Credit loss provision to net charge-offs
  • 242.86%Efficiency ratio
  • 68,864Assets per employee
  • 2.16%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.71%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 75.81%Net loans and leases to core deposits
  • 86.36%Equity capital to assets
  • 8.87%Core capital (leverage) ratio
  • 9.03%Tier 1 risk-based capital ratio
  • 13.20%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $47,825Average earning assets
  • $4,423Average equity
  • $44,763Average loans

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