Equinox Bank, FSB in Pembroke Pines, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of October 21, 2005

  • Equinox Bank, FSB in Pembroke Pines, Florida (FL)
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Equinox Bank, FSB - Overview

  • General
  • FDIC Certificate #: 34871
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Northwest Savings Bank (#28178)
    Federal Reserve ID: 2826334
    Date Established: July 01, 1999
    WWW: http://www.equinoxbank.com
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 15318
    FDIC's unique #: 61933
    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: July 01, 1999
    Last Structure Change Effective Date: October 21, 2005
    Last Structure Change Process Date: October 27, 2005
    Last Data Update: October 27, 2005
    Data Source Date: April 05, 2012
  • Location
  • Address: 1851 Nw 125th Avenue, Suite 100, Pembroke Pines, FL 33028
    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: $85.4 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, 2004)

  • Dollar figures in thousands
  • 30Total employees (full-time equivalent)
  • $88,895Total assets
  • $3,783Cash and due from depository institutions
  • $3,629Interest-bearing balances
  • $7,276Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $75,944Net loans & leases
  • $429Loan loss allowance
  • $0Trading account assets
  • $435Bank premises and fixed assets
  • $90Other real estate owned
  • $143Goodwill and other intangibles
  • $0Life insurance assets
  • $1,224All other assets
  • $88,895Total liabilities and capital
  • $82,896Total liabilities
  • $70,311Total deposits
  • $65,834Interest-bearing deposits
  • $70,311Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $3,943Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,400Other borrowed funds
  • $0Subordinated debt
  • $242All other liabilities
  • $5,999Total equity capital
  • $5,999Total bank equity capital
  • $5,999Perpetual preferred stock
  • $0Common stock
  • $564Surplus
  • $6,888Undivided profits
  • Memoranda
  • $-1,453Noncurrent loans and leases
  • $3,583Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $2,383Earning assets
  • $0Long-term assets (5+ years)
  • $464Average Assets, year-to-date
  • $86,849Average Assets, quarterly
  • $0Volatile liabilities
  • $89,514Insider loans
  • $88,251FHLB advances
  • $49,148Loans and leases held for sale
  • $102Unused loan commitments
  • $8,400Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $3,583Total unused commitments
  • $90Restructured Loans and leases
  • $429Derivatives

Income and Expense (December 31, 2004)

  • Dollar figures in thousands
  • $4,375Total interest income
  • $2,098Total interest expense
  • $2,277Net interest income
  • $127Provision for loan and lease losses
  • $660Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $660Additional noninterest income
  • $3,167Total noninterest expense
  • $1,251Salaries and employee benefits
  • $746Premises and equipment expense
  • $1,170Additional noninterest expense
  • -$357Pre-tax net operating income
  • $597Securities gains (losses)
  • $0Applicable income taxes
  • $240Income before extraordinary items
  • $0Extraordinary gains - net
  • $240Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $26Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2004)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.05%Yield on earning assets
  • 2.42%Cost of funding earning assets
  • 2.63%Net interest margin
  • 0.76%Noninterest income to earning assets
  • 3.65%Noninterest expense to earning assets
  • -0.40%Net operating income to assets
  • 0.27%Return on assets (ROA)
  • 0.27%Pretax return on assets
  • 4.01%Return on equity (ROE)
  • 4.01%Retained earnings to average equity (YTD only)
  • 0.03%Net charge-offs to loans
  • 488.46%Credit loss provision to net charge-offs
  • -8.85%Efficiency ratio
  • 102,383Assets per employee
  • 2.96%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.56%Loss allowance to noncurrent loans
  • 18.00%Noncurrent assets plus other real estate owned to assets
  • 2.78%Noncurrent loans to loans
  • 3.12%Net loans and leases to deposits
  • 108.01%Net loans and leases to core deposits
  • 226.66%Equity capital to assets
  • 6.75%Core capital (leverage) ratio
  • 6.76%Tier 1 risk-based capital ratio
  • 10.71%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $89,514Average earning assets
  • $5,988Average equity
  • $86,719Average loans

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