Coral Gables Federal Savings and Loan Association in Coral Gables, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 01, 1995

  • Coral Gables Federal Savings and Loan Association in Coral Gables, Florida (FL)
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Coral Gables Federal Savings and Loan Association - Overview

  • General
  • FDIC Certificate #: 28996
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: First Union National Bank of Florida (#24398)
    Federal Reserve ID: 938176
    Date Established: July 01, 1934
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 2740
    FDIC's unique #: 41830
    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: November 10, 1934
    Last Structure Change Effective Date: June 01, 1995
    Last Structure Change Process Date: June 27, 1995
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 2511 Ponce De Leon Boulevard, Coral Gables, FL 33134
    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: $2,524.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $740Total assets
  • $2,504,162Cash and due from depository institutions
  • $29,381Interest-bearing balances
  • $884Securities
  • $586,750Federal funds sold & reverse repurchase agreements
  • $5,000Net loans & leases
  • $1,770,033Loan loss allowance
  • $8,765Trading account assets
  • $0Bank premises and fixed assets
  • $35,058Other real estate owned
  • $6,346Goodwill and other intangibles
  • $71,594Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $2,504,162Total liabilities
  • $2,173,955Total deposits
  • $1,996,561Interest-bearing deposits
  • $1,966,898Deposits held in domestic offices
  • 1996561.00%% insured (estimated)
  • $88Federal funds purchased & repurchase agreements
  • $34,059Trading liabilities
  • $0Other borrowed funds
  • $120,009Subordinated debt
  • $0All other liabilities
  • $23,326Total equity capital
  • $23,326Total bank equity capital
  • $330,207Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $125,466Undivided profits
  • Memoranda
  • $204,740Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $9,068Income earned, not collected on loans
  • $8,113Earning assets
  • $2,362,667Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $2,458,250Average Assets, quarterly
  • $2,492,816Volatile liabilities
  • $568,299Insider loans
  • $597FHLB advances
  • $80,000Loans and leases held for sale
  • $0Unused loan commitments
  • $75,040Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $330,207Total risk weighted assets
  • $1,094,923Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1994)

  • Dollar figures in thousands
  • $0Total interest income
  • $163,358Total interest expense
  • $83,083Net interest income
  • $80,275Provision for loan and lease losses
  • -$3,450Total noninterest income
  • $10,637Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $10,637Total noninterest expense
  • $48,665Salaries and employee benefits
  • $28,836Premises and equipment expense
  • $7,673Additional noninterest expense
  • $12,156Pre-tax net operating income
  • $45,697Securities gains (losses)
  • $266Applicable income taxes
  • $17,889Income before extraordinary items
  • $28,074Extraordinary gains - net
  • $0Net income attributable to bank
  • $28,074Net charge-offs
  • $405Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $466Net operating income

Performance and Condition Ratios (December 31, 1994)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.05%Cost of funding earning assets
  • 3.59%Net interest margin
  • 3.47%Noninterest income to earning assets
  • 0.46%Noninterest expense to earning assets
  • 2.10%Net operating income to assets
  • 1.14%Return on assets (ROA)
  • 1.14%Pretax return on assets
  • 1.87%Return on equity (ROE)
  • 8.83%Retained earnings to average equity (YTD only)
  • 8.83%Net charge-offs to loans
  • 0.02%Credit loss provision to net charge-offs
  • -851.85%Efficiency ratio
  • 53,530Assets per employee
  • 3.38%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.49%Loss allowance to noncurrent loans
  • 96.66%Noncurrent assets plus other real estate owned to assets
  • 0.62%Noncurrent loans to loans
  • 0.51%Net loans and leases to deposits
  • 88.65%Net loans and leases to core deposits
  • 111.86%Equity capital to assets
  • 13.19%Core capital (leverage) ratio
  • 13.19%Tier 1 risk-based capital ratio
  • 30.16%Total risk-based capital ratio
  • Memoranda
  • $31Average assets
  • $2,458,250Average earning assets
  • $317,877Average equity
  • $2,315,599Average loans

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