FDIC Certificate #: 21220 Status: Active Federal Reserve ID: 729132 Bank Holding Company (Regulatory Top Holder): Espirito Santo Control S.A. (RSSDID: 2464268, Location: Luxembourg) Date Established: September 12, 1973 WWW:http://www.esbf.com Trust Powers Granted: Yes Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 14674 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: Yes State Chartered: Yes Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 12, 1973 Last Structure Change Effective Date: July 26, 2006 Last Structure Change Process Date: July 27, 2006 Last Data Update: July 27, 2006 Data Source Date: April 05, 2012
Location
Address: 1395 Brickell Avenue, Miami, FL 33131 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: $612.8 mil Equity capital: $52.2 mil Deposits held in domestic offices: $490.9 mil Return on assets (ROA): 1.31% ($8.0 mil) Quarterly return on assets: 2.67% ($16.4 mil) Return on Equity (ROE): 16.08% ($8.4 mil) Quarterly return on equity: 32.37% ($16.8 mil) Net income: $7.8 mil Quarterly Net income: $4.1 mil Pretax return on assets: 0.68% ($4,167.0 mil) Quarterly Pretax return on assets: 0.21% ($1,286.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
100Total employees (full-time equivalent)
$612,792Total assets
$48,525Cash and due from depository institutions
$42,432Interest-bearing balances
$69,002Securities
$30,000Federal funds sold & reverse repurchase agreements
$438,255Net loans & leases
$8,132Loan loss allowance
$5,997Trading account assets
$4,583Bank premises and fixed assets
$848Other real estate owned
$0Goodwill and other intangibles
$612,792Life insurance assets
$15,582All other assets
$560,624Total liabilities and capital
$505,748Total liabilities
$287,297Total deposits
$490,948Interest-bearing deposits
$65Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$48,000Trading liabilities
$0Other borrowed funds
$6,876Subordinated debt
$52,168All other liabilities
$52,168Total equity capital
$52,168Total bank equity capital
$0Perpetual preferred stock
$15,944Common stock
$27,218Surplus
$9,006Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$11,359Income earned, not collected on loans
$137Earning assets
$2,996Long-term assets (5+ years)
$585,686Average Assets, year-to-date
$12,912Average Assets, quarterly
$595,669Volatile liabilities
$614,504Insider loans
$352,077FHLB advances
$615,470Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$52,903Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$42,181Restructured Loans and leases
$229Derivatives
$89Total assets and liabilities in foreign offices
Income and Expense (December 31, 2011)
Dollar figures in thousands
$21,852Total interest income
$2,507Total interest expense
$19,345Net interest income
$1,930Provision for loan and lease losses
$10,316Total noninterest income
$0Fiduciary activities
$859Service charges on deposit accounts
-$2Trading account gains & fees
$9,459Additional noninterest income
$24,201Total noninterest expense
$12,207Salaries and employee benefits
$3,475Premises and equipment expense
$8,519Additional noninterest expense
$3,530Pre-tax net operating income
$588Securities gains (losses)
-$3,758Applicable income taxes
$7,876Income before extraordinary items
$0Extraordinary gains - net
$7,821Net income attributable to bank
$55Net charge-offs
$7,876Cash dividends
$1,499Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
3.84%Yield on earning assets
0.44%Cost of funding earning assets
3.40%Net interest margin
1.81%Noninterest income to earning assets
4.25%Noninterest expense to earning assets
1.22%Net operating income to assets
1.31%Return on assets (ROA)
0.68%Pretax return on assets
16.08%Return on equity (ROE)
16.08%Retained earnings to average equity (YTD only)
0.34%Net charge-offs to loans
128.75%Credit loss provision to net charge-offs
3.64%Efficiency ratio
81,592Assets per employee
6.13%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.82%Loss allowance to noncurrent loans
71.59%Noncurrent assets plus other real estate owned to assets
1.99%Noncurrent loans to loans
2.54%Net loans and leases to deposits
86.65%Net loans and leases to core deposits
93.99%Equity capital to assets
8.51%Core capital (leverage) ratio
8.60%Tier 1 risk-based capital ratio
15.03%Total risk-based capital ratio
Memoranda
$16Average assets
$595,669Average earning assets
$48,627Average equity
$569,669Average loans
Total Fiduciary and Related Assets (December 31, 2001)
Dollar figures in thousands
$1Total fiduciary and related assets
1Number of Fiduciary Accounts and Related Asset Accounts
YesFiduciary powers granted
YesFiduciary or related activity
$7,125Managed Assets
1Number of Accounts
$7,125Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Investment management agency accounts
$7,125Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
$0Non-managed Assets
6Number of Accounts
$0Personal trust and agency accounts
$0Employee benefit-defined contribution accounts
$0Employee benefit-defined benefit accounts
$0Other retirement accounts
$0Corporate trust and agency accounts
$0Other fiduciary accounts
$0Fiduciary accounts held in foreign offices
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
14674
Espirito Santo Bank
1395 Brickell Avenue, Miami, FL 33131
September 12, 1973
Full Service Brick and Mortar
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