Family Bank in Hallandale, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 1997

  • Family Bank in Hallandale, Florida (FL)
  • Show street view No street view available for this location

Family Bank - Overview

  • General
  • FDIC Certificate #: 26754
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Republic Security Bank (#32254)
    Federal Reserve ID: 162935
    Date Established: June 20, 1986
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 7 (Interstate: No)
    FDIC's unique #: 35870
    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: June 20, 1986
    Last Structure Change Effective Date: June 30, 1997
    Last Structure Change Process Date: July 01, 1997
    Last Data Update: July 01, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1000 East Hallandale Beach Boulevard, Hallandale, FL 33009
    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: $253.7 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $110Total assets
  • $248,634Cash and due from depository institutions
  • $12,768Interest-bearing balances
  • $0Securities
  • $53,480Federal funds sold & reverse repurchase agreements
  • $13,025Net loans & leases
  • $157,606Loan loss allowance
  • $1,403Trading account assets
  • $2,500Bank premises and fixed assets
  • $5,816Other real estate owned
  • $251Goodwill and other intangibles
  • $3,188Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $248,634Total liabilities
  • $228,057Total deposits
  • $219,031Interest-bearing deposits
  • $160,885Deposits held in domestic offices
  • 219031.00%% insured (estimated)
  • $77Federal funds purchased & repurchase agreements
  • $6,557Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $380All other liabilities
  • $2,089Total equity capital
  • $2,089Total bank equity capital
  • $20,577Perpetual preferred stock
  • $0Common stock
  • $2,953Surplus
  • $3,414Undivided profits
  • Memoranda
  • $14,210Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,359Income earned, not collected on loans
  • $856Earning assets
  • $226,611Long-term assets (5+ years)
  • $14,902Average Assets, year-to-date
  • $222,895Average Assets, quarterly
  • $239,654Volatile liabilities
  • $37,277Insider loans
  • $1,242FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $25,375Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,582Total risk weighted assets
  • $186,037Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,475Total interest expense
  • $5,816Net interest income
  • $11,659Provision for loan and lease losses
  • $0Total noninterest income
  • $2,320Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,875Trading account gains & fees
  • $0Additional noninterest income
  • $445Total noninterest expense
  • $7,406Salaries and employee benefits
  • $3,866Premises and equipment expense
  • $1,164Additional noninterest expense
  • $2,376Pre-tax net operating income
  • $6,573Securities gains (losses)
  • -$12Applicable income taxes
  • $2,177Income before extraordinary items
  • $4,384Extraordinary gains - net
  • $0Net income attributable to bank
  • $4,384Net charge-offs
  • -$89Cash dividends
  • $2,063Sale, conversion, retirement of capital stock, net
  • $269Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.60%Cost of funding earning assets
  • 2.86%Net interest margin
  • 5.73%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 3.64%Net operating income to assets
  • 1.97%Return on assets (ROA)
  • 1.97%Pretax return on assets
  • 2.94%Return on equity (ROE)
  • 23.03%Retained earnings to average equity (YTD only)
  • 12.19%Net charge-offs to loans
  • -0.06%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 52,979Assets per employee
  • 2.26%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 47.06%Loss allowance to loans
  • 0.88%Loss allowance to noncurrent loans
  • 103.24%Noncurrent assets plus other real estate owned to assets
  • 0.65%Noncurrent loans to loans
  • 0.85%Net loans and leases to deposits
  • 71.96%Net loans and leases to core deposits
  • 83.69%Equity capital to assets
  • 8.28%Core capital (leverage) ratio
  • 8.62%Tier 1 risk-based capital ratio
  • 11.06%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $222,895Average earning assets
  • $19,036Average equity
  • $203,302Average loans

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