FDIC Certificate #: 32280 Status: Inactive Closing history: Change in Location Acquiring institution:Capital Bank, National Association (#59049) Federal Reserve ID: 209371 Date Established: March 06, 1985 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8087 FDIC's unique #: 45114 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Deposit Insurance Fund (DIF) FDIC Insured: Yes Insured Savings Institution: Yes Deposit Insurance Fund member: Yes State Chartered: No Date of Deposit Insurance: March 06, 1985 Last Structure Change Effective Date: July 16, 2010 Last Structure Change Process Date: July 19, 2010 Last Data Update: July 19, 2010 Data Source Date: April 05, 2012
Location
Address: 20295 Ne 29th Place, Aventura, FL 33180 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)
History of Changes
Absorption - Assisted
Corrections
Change in Location
Financial Summary
Total assets: $240.3 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2009)
Dollar figures in thousands
44Total employees (full-time equivalent)
$251,684Total assets
$30,017Cash and due from depository institutions
$28,891Interest-bearing balances
$7,390Securities
$99Federal funds sold & reverse repurchase agreements
$196,102Net loans & leases
$4,894Loan loss allowance
$0Trading account assets
$9,057Bank premises and fixed assets
$4,103Other real estate owned
$19Goodwill and other intangibles
$0Life insurance assets
$4,897All other assets
$251,684Total liabilities and capital
$241,378Total liabilities
$175,026Total deposits
$152,028Interest-bearing deposits
$175,026Deposits held in domestic offices
93.63%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$65,000Other borrowed funds
$0Subordinated debt
$1,352All other liabilities
$10,306Total equity capital
$10,306Total bank equity capital
$10,306Perpetual preferred stock
$0Common stock
$1Surplus
$5,864Undivided profits
Memoranda
$4,441Noncurrent loans and leases
$9,401Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$25,755Earning assets
$0Long-term assets (5+ years)
$994Average Assets, year-to-date
$232,482Average Assets, quarterly
$0Volatile liabilities
$252,688Insider loans
$251,048FHLB advances
$140,753Loans and leases held for sale
$2,417Unused loan commitments
$65,000Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$9,401Total unused commitments
$3,111Restructured Loans and leases
$2,167Derivatives
Income and Expense (December 31, 2009)
Dollar figures in thousands
$11,214Total interest income
$5,745Total interest expense
$5,469Net interest income
$11,756Provision for loan and lease losses
$255Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$255Additional noninterest income
$7,097Total noninterest expense
$3,884Salaries and employee benefits
$1,276Premises and equipment expense
$1,937Additional noninterest expense
-$13,129Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$13,129Income before extraordinary items
$0Extraordinary gains - net
-$13,129Net income attributable to bank
$0Net charge-offs
-$13,129Cash dividends
$8,420Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2009)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.79%Yield on earning assets
2.45%Cost of funding earning assets
2.33%Net interest margin
0.11%Noninterest income to earning assets
3.03%Noninterest expense to earning assets
-5.20%Net operating income to assets
-5.20%Return on assets (ROA)
-5.20%Pretax return on assets
-77.72%Return on equity (ROE)
-77.72%Retained earnings to average equity (YTD only)
3.97%Net charge-offs to loans
139.62%Credit loss provision to net charge-offs
-0.16%Efficiency ratio
123,934Assets per employee
5.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.43%Loss allowance to noncurrent loans
19.00%Noncurrent assets plus other real estate owned to assets
11.86%Noncurrent loans to loans
12.81%Net loans and leases to deposits
112.04%Net loans and leases to core deposits
197.54%Equity capital to assets
4.09%Core capital (leverage) ratio
4.06%Tier 1 risk-based capital ratio
5.99%Total risk-based capital ratio
Memoranda
$7Average assets
$252,688Average earning assets
$16,893Average equity
$234,250Average loans
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