Vitals
  • Total Assets
    1.7B -2.0 %
  • Total Deposits
    1.4B -1.8 %
  • Total Net Loans
    1.2B 5.4 %
  • Net Income
    7.7M 67.6 %
  • Book Value
    226.2M 5.8 %
  • Book Value x2
    452.4M 5.8 %
  • Book Value x3
    678.7M 5.8 %
ROAA

.593

ROAE

4.635

Efficiency Ratio

72.945

Net Interest Margin

4.804

Balance Sheet Highlights
Financial Highlights 1St United Bank All Insured Commercial Banks in Florida
Balance Sheet $(000)
Total Assets 1,679,443 440,090
Total Net Loans 1,169,951 278,709
Total Deposits 1,389,436 364,623
Total Equity 226,222 46,961
Profitability
Net Income 7,651 2,044
Return on Average Assets .593 .58
Return on Average Equity 4.635 5.608
Net Interest Margin 4.804 3.589
Efficiency Ratio 72.945 80.571
Noninterest Income/Revenue -4.509 13.095
Balance Sheet Ratios
Loan-to-Deposit 84.203 74.803
Securities/Assets .129 .177
Total Equity/Total Assets .135 .107
Tangible Equity/Tangible Assets .095 .103
Capital Adequacy
Tier 1 Common Capital — —
Tier 1 Capital 157,606 41,927
Tier 2 Capital 9,440 3,309
Total Capital 167,046 45,301
Total Risk Weighted Assets 1,160,604 290,624
Leverage Ratio 9.63 9.997
Common Equity Tier 1 Capital Ratio — —
Tier 1 Capital Ratio 13.58 15.306
Total Capital Ratio 14.39 16.488

Timeline for 1St United Bank

Valley National Bank

1St United Bank was acquired by Valley National Bank 9 years

View Profile Nov 01 2014

Enterprise Bank Of Florida

Acquisition: 1St United Bank acquired a new subsidiary, Enterprise Bank Of Florida, 10 years

View Profile Jul 01 2013

Anderen Bank

Acquisition: 1St United Bank acquired a new subsidiary, Anderen Bank, 12 years

View Profile Apr 01 2012

Old Harbor Bank

Acquisition: 1St United Bank acquired a new subsidiary, Old Harbor Bank, 12 years

View Profile Oct 22 2011

The Bank Of Miami, National Association

Acquisition: 1St United Bank acquired a new subsidiary, The Bank Of Miami, National Association, 13 years

View Profile Dec 18 2010

Want to see more?

Complete timeline for 1St United Bank is available.

View Complete Timeline
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Valley National Bank Buyer 22,312,256 Acquisition Discontinued 11/1/2014
Enterprise Bank Of Florida Seller 248,641 Acquisition Discontinued 7/1/2013
Anderen Bank Seller 198,744 Acquisition Discontinued 4/1/2012
Old Harbor Bank Seller 209,048 Failure 10/22/2011
The Bank Of Miami, National Association Seller 448,150 Failure 12/18/2010
Republic Federal Bank, National Association Seller 433,011 Failure 12/12/2009
Citrus Bank, National Association Seller 116,130 Acquisition Discontinued 8/15/2008
Equitable Bank Seller 172,536 Acquisition Discontinued 3/1/2008
First Western Bank Seller 30,777 Acquisition Discontinued 4/8/2004
Relationships Role Relationship Start Relationship End
1St United Bancorp, Inc. Parent 4/20/2000 10/31/2014
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