FDIC Certificate #: 32364 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:Republic Security Bank (#32254) Federal Reserve ID: 227674 Date Established: July 25, 1985 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 8187 FDIC's unique #: 45198 Numeric code: 33 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: July 25, 1985 Last Structure Change Effective Date: July 03, 1998 Last Structure Change Process Date: July 10, 1998 Last Data Update: July 10, 1998 Data Source Date: April 05, 2012
Location
Address: 3830 Hollywood Boulevard, Hollywood, FL 33021 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: $141.8 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Assets and Liabilities (December 31, 1997)
Dollar figures in thousands
25Total employees (full-time equivalent)
$149,756Total assets
$21,685Cash and due from depository institutions
$19,982Interest-bearing balances
$13,024Securities
$0Federal funds sold & reverse repurchase agreements
$108,600Net loans & leases
$387Loan loss allowance
$0Trading account assets
$1,788Bank premises and fixed assets
$2,852Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$1,807All other assets
$149,756Total liabilities and capital
$141,533Total liabilities
$138,039Total deposits
$134,614Interest-bearing deposits
$138,039Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$3,283Other borrowed funds
$0Subordinated debt
$211All other liabilities
$8,223Total equity capital
$8,223Total bank equity capital
$8,223Perpetual preferred stock
$758Common stock
$5,078Surplus
$1,449Undivided profits
Memoranda
$938Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$807Earning assets
$0Long-term assets (5+ years)
$603Average Assets, year-to-date
$141,606Average Assets, quarterly
$0Volatile liabilities
$143,350Insider loans
$145,894FHLB advances
$31,182Loans and leases held for sale
$2,881Unused loan commitments
$3,283Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$3,249Total unused commitments
$0Restructured Loans and leases
$82,761Derivatives
Income and Expense (December 31, 1997)
Dollar figures in thousands
$10,411Total interest income
$6,903Total interest expense
$3,508Net interest income
$0Provision for loan and lease losses
-$419Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
-$419Additional noninterest income
$2,787Total noninterest expense
$1,352Salaries and employee benefits
$555Premises and equipment expense
$880Additional noninterest expense
$302Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
$302Income before extraordinary items
$0Extraordinary gains - net
$302Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$487Sale, conversion, retirement of capital stock, net
$56Net operating income
Performance and Condition Ratios (December 31, 1997)
Dollar figures in thousands
Performance Ratios (%, annualized)
7.70%Yield on earning assets
5.10%Cost of funding earning assets
2.59%Net interest margin
-0.31%Noninterest income to earning assets
2.06%Noninterest expense to earning assets
0.21%Net operating income to assets
0.21%Return on assets (ROA)
0.21%Pretax return on assets
3.73%Return on equity (ROE)
3.03%Retained earnings to average equity (YTD only)
0.43%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.62%Efficiency ratio
90,223Assets per employee
5.99%Cash dividends to net income (YTD only)
Condition Ratios (%)
18.54%Loss allowance to loans
0.36%Loss allowance to noncurrent loans
47.96%Noncurrent assets plus other real estate owned to assets
2.44%Noncurrent loans to loans
0.74%Net loans and leases to deposits
78.67%Net loans and leases to core deposits
98.60%Equity capital to assets
5.49%Core capital (leverage) ratio
5.49%Tier 1 risk-based capital ratio
9.93%Total risk-based capital ratio
Memoranda
$10Average assets
$143,350Average earning assets
$8,107Average equity
$135,265Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Unifirst Federal Savings Bank.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: