Union Planters Bank of Florida in Miami, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 01, 1998

  • Union Planters Bank of Florida in Miami, Florida (FL)
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Union Planters Bank of Florida - Overview

  • General
  • FDIC Certificate #: 21615
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Union Planters Bank, National Association (#4979)
    Federal Reserve ID: 347134
    Date Established: June 04, 1974
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 29 (Interstate: No)
    FDIC's unique #: 14949
    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: June 04, 1974
    Last Structure Change Effective Date: August 01, 1998
    Last Structure Change Process Date: August 12, 1998
    Last Data Update: September 18, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1221 Brickell Avenue, Miami, FL 33131
    County: Miami-Dade
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Dallas
    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)
  • Financial Summary
  • Total assets: $2,160.5 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
  • 945Total employees (full-time equivalent)
  • $2,156,360Total assets
  • $161,814Cash and due from depository institutions
  • $18,281Interest-bearing balances
  • $219,715Securities
  • $95,000Federal funds sold & reverse repurchase agreements
  • $1,591,066Net loans & leases
  • $30,677Loan loss allowance
  • $0Trading account assets
  • $25,551Bank premises and fixed assets
  • $1,652Other real estate owned
  • $1,477Goodwill and other intangibles
  • $0Life insurance assets
  • $60,085All other assets
  • $2,156,360Total liabilities and capital
  • $2,012,807Total liabilities
  • $1,292,077Total deposits
  • $944,275Interest-bearing deposits
  • $1,265,745Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $102,496Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $328,600Other borrowed funds
  • $0Subordinated debt
  • $289,634All other liabilities
  • $143,553Total equity capital
  • $143,553Total bank equity capital
  • $143,553Perpetual preferred stock
  • $0Common stock
  • $6,433Surplus
  • $34,148Undivided profits
  • Memoranda
  • $102,972Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $24,458Earning assets
  • $0Long-term assets (5+ years)
  • $9,271Average Assets, year-to-date
  • $1,924,062Average Assets, quarterly
  • $127,841Volatile liabilities
  • $1,920,641Insider loans
  • $2,093,448FHLB advances
  • $439,849Loans and leases held for sale
  • $21,560Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $309,151Total unused commitments
  • $0Restructured Loans and leases
  • $1,702,566Derivatives
  • $196,338Total assets and liabilities in foreign offices

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $142,145Total interest income
  • $61,292Total interest expense
  • $80,853Net interest income
  • $27,545Provision for loan and lease losses
  • $60,555Total noninterest income
  • $316Fiduciary activities
  • $14,666Service charges on deposit accounts
  • $0Trading account gains & fees
  • $45,573Additional noninterest income
  • $96,404Total noninterest expense
  • $48,296Salaries and employee benefits
  • $13,042Premises and equipment expense
  • $35,066Additional noninterest expense
  • $17,459Pre-tax net operating income
  • -$901Securities gains (losses)
  • $6,920Applicable income taxes
  • $9,638Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,638Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $9,194Sale, conversion, retirement of capital stock, net
  • $9,300Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.27%Yield on earning assets
  • 3.57%Cost of funding earning assets
  • 4.70%Net interest margin
  • 3.52%Noninterest income to earning assets
  • 5.61%Noninterest expense to earning assets
  • 0.53%Net operating income to assets
  • 0.50%Return on assets (ROA)
  • 0.86%Pretax return on assets
  • 6.98%Return on equity (ROE)
  • 0.24%Retained earnings to average equity (YTD only)
  • 0.65%Net charge-offs to loans
  • 299.60%Credit loss provision to net charge-offs
  • 4.89%Efficiency ratio
  • 67,984Assets per employee
  • 2.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 96.49%Loss allowance to loans
  • 1.89%Loss allowance to noncurrent loans
  • 125.43%Noncurrent assets plus other real estate owned to assets
  • 1.21%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 123.14%Net loans and leases to core deposits
  • 166.65%Equity capital to assets
  • 6.66%Core capital (leverage) ratio
  • 7.47%Tier 1 risk-based capital ratio
  • 9.10%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $1,920,641Average earning assets
  • $138,045Average equity
  • $1,719,259Average loans

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