FDIC Certificate #: 34652 Status: Active Federal Reserve ID: 2728746 Date Established: September 08, 1998 Trust Powers Granted: No Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 14725 FDIC's unique #: 61029 Numeric code: 33 Regulator: OCC Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: No Subchapter S Corporations: No Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 08, 1998 Last Structure Change Effective Date: July 21, 2011 Last Structure Change Process Date: July 21, 2011 Last Data Update: July 21, 2011 Data Source Date: April 05, 2012
Location
Address: 900 North Federal Highway, Hallandale Beach, 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)
History of Changes
Change in Primary Regulatory Agency
Financial Summary
Total assets: $74.9 mil Equity capital: $7.5 mil Deposits held in domestic offices: $55.5 mil Return on assets (ROA): -4.91% (-$3.7 mil) Quarterly return on assets: -6.54% (-$4.9 mil) Return on Equity (ROE): -49.85% (-$4.0 mil) Quarterly return on equity: -62.61% (-$5.0 mil) Net income: -$3.9 mil Quarterly Net income: -$1.3 mil Pretax return on assets: -4.91% (-$3,676.4 mil) Quarterly Pretax return on assets: -6.54% (-$4,896.9 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ 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
15Total employees (full-time equivalent)
$74,876Total assets
$4,546Cash and due from depository institutions
$3,571Interest-bearing balances
$747Securities
$3,565Federal funds sold & reverse repurchase agreements
$54,853Net loans & leases
$1,899Loan loss allowance
$0Trading account assets
$3,913Bank premises and fixed assets
$5,794Other real estate owned
$0Goodwill and other intangibles
$74,876Life insurance assets
$1,458All other assets
$67,369Total liabilities and capital
$55,476Total liabilities
$50,089Total deposits
$55,476Interest-bearing deposits
$96Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$11,700Trading liabilities
$0Other borrowed funds
$193Subordinated debt
$7,507All other liabilities
$7,507Total equity capital
$7,507Total bank equity capital
$0Perpetual preferred stock
$0Common stock
$14,450Surplus
$-6,943Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$6,547Income earned, not collected on loans
$0Earning assets
$262Long-term assets (5+ years)
$62,736Average Assets, year-to-date
$0Average Assets, quarterly
$79,698Volatile liabilities
$78,027Insider loans
$51,335FHLB advances
$74,879Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$7,510Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$300Restructured Loans and leases
$1Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,200Total interest income
$1,208Total interest expense
$1,992Net interest income
$3,461Provision for loan and lease losses
$75Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$75Additional noninterest income
$2,517Total noninterest expense
$1,220Salaries and employee benefits
$543Premises and equipment expense
$754Additional noninterest expense
-$3,911Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$3,911Income before extraordinary items
$0Extraordinary gains - net
-$3,911Net income attributable to bank
$0Net charge-offs
-$3,911Cash dividends
$2,020Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.73%Yield on earning assets
1.79%Cost of funding earning assets
2.94%Net interest margin
0.11%Noninterest income to earning assets
3.72%Noninterest expense to earning assets
-4.91%Net operating income to assets
-4.91%Return on assets (ROA)
-4.91%Pretax return on assets
-49.85%Return on equity (ROE)
-49.85%Retained earnings to average equity (YTD only)
3.57%Net charge-offs to loans
171.34%Credit loss provision to net charge-offs
-0.22%Efficiency ratio
121,771Assets per employee
4.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.35%Loss allowance to noncurrent loans
29.01%Noncurrent assets plus other real estate owned to assets
16.48%Noncurrent loans to loans
11.54%Net loans and leases to deposits
98.88%Net loans and leases to core deposits
116.40%Equity capital to assets
10.03%Core capital (leverage) ratio
10.03%Tier 1 risk-based capital ratio
14.63%Total risk-based capital ratio
Memoranda
$16Average assets
$79,698Average earning assets
$7,846Average equity
$67,665Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
61029
Home Federal Bank Of Hollywood
900 North Federal Highway, Hallandale Beach, FL 33009
September 08, 1998
Full Service Brick and Mortar
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