FDIC Certificate #: 21736 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Union Planters Bank, National Association (#4979) Federal Reserve ID: 455039 Date Established: August 22, 1974 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 14 (Interstate: No) FDIC's unique #: 15045 Numeric code: 21 Regulator: FDIC 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: August 22, 1974 Last Structure Change Effective Date: August 31, 1998 Last Structure Change Process Date: September 23, 1998 Last Data Update: September 23, 1998 Data Source Date: April 05, 2012
Location
Address: 1489 West Palmetto Park Road, Boca Raton, FL 33486 County: Palm Beach 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): West Palm Beach-Boca Raton, FL (#8960) 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: West Palm Beach-Boca Raton-Boynton Beach, FL (#48424)
Financial Summary
Total assets: $329.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
103Total employees (full-time equivalent)
$315,979Total assets
$40,734Cash and due from depository institutions
$34,007Interest-bearing balances
$38,932Securities
$16,596Federal funds sold & reverse repurchase agreements
$206,567Net loans & leases
$2,095Loan loss allowance
$0Trading account assets
$5,920Bank premises and fixed assets
$4,005Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$3,225All other assets
$315,979Total liabilities and capital
$275,066Total liabilities
$272,799Total deposits
$246,707Interest-bearing deposits
$272,799Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$2,267All other liabilities
$40,913Total equity capital
$40,913Total bank equity capital
$40,913Perpetual preferred stock
$0Common stock
$1,950Surplus
$3,817Undivided profits
Memoranda
$35,146Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$5,948Earning assets
$0Long-term assets (5+ years)
$1,956Average Assets, year-to-date
$296,102Average Assets, quarterly
$71,077Volatile liabilities
$299,771Insider loans
$313,302FHLB advances
$29,861Loans and leases held for sale
$625Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$26,309Total unused commitments
$0Restructured Loans and leases
$222,008Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$25,555Total interest income
$11,948Total interest expense
$13,607Net interest income
$190Provision for loan and lease losses
$1,518Total noninterest income
$0Fiduciary activities
$558Service charges on deposit accounts
$0Trading account gains & fees
$960Additional noninterest income
$6,359Total noninterest expense
$3,536Salaries and employee benefits
$1,242Premises and equipment expense
$1,581Additional noninterest expense
$8,576Pre-tax net operating income
$9Securities gains (losses)
$2,772Applicable income taxes
$5,813Income before extraordinary items
$0Extraordinary gains - net
$5,813Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$11Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
9.10%Yield on earning assets
4.25%Cost of funding earning assets
4.85%Net interest margin
0.54%Noninterest income to earning assets
2.26%Noninterest expense to earning assets
1.94%Net operating income to assets
1.94%Return on assets (ROA)
2.86%Pretax return on assets
15.38%Return on equity (ROE)
15.38%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
-1727.27%Credit loss provision to net charge-offs
0.00%Efficiency ratio
42,043Assets per employee
3.07%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.00%Loss allowance to noncurrent loans
35.22%Noncurrent assets plus other real estate owned to assets
3.15%Noncurrent loans to loans
2.85%Net loans and leases to deposits
75.72%Net loans and leases to core deposits
85.03%Equity capital to assets
12.95%Core capital (leverage) ratio
12.92%Tier 1 risk-based capital ratio
18.41%Total risk-based capital ratio
Memoranda
$19Average assets
$299,771Average earning assets
$37,808Average equity
$280,834Average loans
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