SunTrust Bank, South Florida, National Association in Fort Lauderdale, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 01, 2000

  • SunTrust Bank, South Florida, National Association in Fort Lauderdale, Florida (FL)
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SunTrust Bank, South Florida, National Association - Overview

  • General
  • FDIC Certificate #: 17429
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: SunTrust Bank (#867)
    Federal Reserve ID: 106939
    Date Established: April 29, 1955
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 73 (Interstate: No)
    OTS Docket #: 14369
    FDIC's unique #: 11422
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: April 29, 1955
    Last Structure Change Effective Date: January 01, 2000
    Last Structure Change Process Date: March 29, 2000
    Last Data Update: March 29, 2000
    Data Source Date: April 05, 2012
  • Location
  • Address: 501 East Las Olas Boulevard, Fort Lauderdale, FL 33301
    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: $5,160.4 mil

1992 - 1999 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, 1999)

  • Dollar figures in thousands
  • 1,215Total employees (full-time equivalent)
  • $5,160,444Total assets
  • $225,280Cash and due from depository institutions
  • $1,111Interest-bearing balances
  • $1,090,535Securities
  • $222,414Federal funds sold & reverse repurchase agreements
  • $3,459,252Net loans & leases
  • $52,304Loan loss allowance
  • $0Trading account assets
  • $95,670Bank premises and fixed assets
  • $4,284Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $63,009All other assets
  • $5,160,444Total liabilities and capital
  • $4,797,174Total liabilities
  • $3,965,087Total deposits
  • $2,655,292Interest-bearing deposits
  • $3,965,087Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $541,572Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $225,000Other borrowed funds
  • $0Subordinated debt
  • $65,515All other liabilities
  • $363,270Total equity capital
  • $363,270Total bank equity capital
  • $363,270Perpetual preferred stock
  • $0Common stock
  • $4,823Surplus
  • $92,567Undivided profits
  • Memoranda
  • $265,880Noncurrent loans and leases
  • $1,087,340Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $19,794Earning assets
  • $0Long-term assets (5+ years)
  • $16,142Average Assets, year-to-date
  • $4,773,312Average Assets, quarterly
  • $1,174,438Volatile liabilities
  • $4,794,153Insider loans
  • $4,942,933FHLB advances
  • $934,277Loans and leases held for sale
  • $61,090Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $61,322Tier 2 risk-based capital
  • $3,804Total risk weighted assets
  • $1,087,340Total unused commitments
  • $0Restructured Loans and leases
  • $47,284Derivatives

Income and Expense (December 31, 1999)

  • Dollar figures in thousands
  • $295,648Total interest income
  • $126,031Total interest expense
  • $169,617Net interest income
  • $3,600Provision for loan and lease losses
  • $93,016Total noninterest income
  • $41,152Fiduciary activities
  • $19,285Service charges on deposit accounts
  • $0Trading account gains & fees
  • $32,579Additional noninterest income
  • $140,815Total noninterest expense
  • $61,211Salaries and employee benefits
  • $17,821Premises and equipment expense
  • $61,783Additional noninterest expense
  • $118,218Pre-tax net operating income
  • -$1,031Securities gains (losses)
  • $41,283Applicable income taxes
  • $75,904Income before extraordinary items
  • $0Extraordinary gains - net
  • $75,904Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,101Sale, conversion, retirement of capital stock, net
  • $64,000Net operating income

Performance and Condition Ratios (December 31, 1999)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.67%Yield on earning assets
  • 2.84%Cost of funding earning assets
  • 3.82%Net interest margin
  • 2.10%Noninterest income to earning assets
  • 3.18%Noninterest expense to earning assets
  • 1.60%Net operating income to assets
  • 1.58%Return on assets (ROA)
  • 2.44%Pretax return on assets
  • 20.52%Return on equity (ROE)
  • 3.22%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 116.09%Credit loss provision to net charge-offs
  • 39.28%Efficiency ratio
  • 53,617Assets per employee
  • 4.25%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 84.32%Loss allowance to loans
  • 1.49%Loss allowance to noncurrent loans
  • 264.24%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.56%Net loans and leases to deposits
  • 87.24%Net loans and leases to core deposits
  • 96.83%Equity capital to assets
  • 7.04%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 9.98%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $4,794,153Average earning assets
  • $369,981Average equity
  • $4,434,671Average loans

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