Citibank, Federal Savings Bank in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of March 31, 1993

  • Citibank, Federal Savings Bank in Miami, Florida (FL)
  • Show street view No street view available for this location

Citibank, Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 32213
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: CFSB, National Association (#28251)
    Federal Reserve ID: 627676
    Date Established: June 20, 1984
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 8008
    FDIC's unique #: 45047
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: June 20, 1984
    Last Structure Change Effective Date: March 31, 1993
    Last Structure Change Process Date: April 20, 1993
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 8750 Doral Boulevard, Miami, FL 33178
    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: $2,301.7 mil

Assets and Liabilities (December 31, 1992)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $883Total assets
  • $2,301,691Cash and due from depository institutions
  • $42,404Interest-bearing balances
  • $14,486Securities
  • $39,272Federal funds sold & reverse repurchase agreements
  • $243,000Net loans & leases
  • $1,704,141Loan loss allowance
  • $29,768Trading account assets
  • $0Bank premises and fixed assets
  • $26,576Other real estate owned
  • $54,385Goodwill and other intangibles
  • $131,555Life insurance assets
  • $60,358All other assets
  • $0Total liabilities and capital
  • $2,301,691Total liabilities
  • $1,920,884Total deposits
  • $1,816,166Interest-bearing deposits
  • $1,697,112Deposits held in domestic offices
  • 1816166.00%% insured (estimated)
  • $91Federal funds purchased & repurchase agreements
  • $2,060Trading liabilities
  • $0Other borrowed funds
  • $50,206Subordinated debt
  • $0All other liabilities
  • $52,452Total equity capital
  • $52,452Total bank equity capital
  • $380,807Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $380,461Undivided profits
  • Memoranda
  • $345Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $76,301Income earned, not collected on loans
  • $21,567Earning assets
  • $2,000,899Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,531,902Average Assets, quarterly
  • $2,323,387Volatile liabilities
  • $409,451Insider loans
  • $0FHLB advances
  • $50,206Loans and leases held for sale
  • $0Unused loan commitments
  • $263,592Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $342,816Total risk weighted assets
  • $2,829,913Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1992)

  • Dollar figures in thousands
  • $0Total interest income
  • $214,586Total interest expense
  • $102,686Net interest income
  • $111,900Provision for loan and lease losses
  • $34,510Total noninterest income
  • $32,308Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $32,308Total noninterest expense
  • $135,513Salaries and employee benefits
  • $47,487Premises and equipment expense
  • $25,427Additional noninterest expense
  • $62,599Pre-tax net operating income
  • -$25,815Securities gains (losses)
  • $16,543Applicable income taxes
  • -$754Income before extraordinary items
  • -$8,518Extraordinary gains - net
  • $0Net income attributable to bank
  • -$8,518Net charge-offs
  • $32,621Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1992)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 9.70%Cost of funding earning assets
  • 4.64%Net interest margin
  • 5.06%Noninterest income to earning assets
  • 1.46%Noninterest expense to earning assets
  • 6.12%Net operating income to assets
  • -0.94%Return on assets (ROA)
  • -0.34%Pretax return on assets
  • -0.37%Return on equity (ROE)
  • -2.21%Retained earnings to average equity (YTD only)
  • -2.21%Net charge-offs to loans
  • 1.56%Credit loss provision to net charge-offs
  • 105.79%Efficiency ratio
  • 87,929Assets per employee
  • 2.61%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.72%Loss allowance to noncurrent loans
  • 39.01%Noncurrent assets plus other real estate owned to assets
  • 5.68%Noncurrent loans to loans
  • 4.40%Net loans and leases to deposits
  • 93.83%Net loans and leases to core deposits
  • 116.80%Equity capital to assets
  • 16.54%Core capital (leverage) ratio
  • 15.33%Tier 1 risk-based capital ratio
  • 12.11%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $2,531,902Average earning assets
  • $385,441Average equity
  • $2,212,812Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Citibank, Federal Savings Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents