Bank Of Florida - Southeast
Fort Lauderdale, FL — Non-member Bank
Acquired May 2010
Vitals
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Total Assets595.3M 10.6 %
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Total Deposits531.8M 25.5 %
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Total Net Loans407.8M -6.3 %
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Net Income-13448000.0000
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Book Value7.1M -86.5 %
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Book Value x214.1M -86.5 %
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Book Value x321.2M -86.5 %
Balance Sheet Highlights
| Financial Highlights | Bank Of Florida - Southeast | All Insured Commercial Banks in Florida |
| Balance Sheet $(000) | ||
| Total Assets | 595,318 | 307,881 |
| Total Net Loans | 407,813 | 197,177 |
| Total Deposits | 531,752 | 256,124 |
| Total Equity | 7,069 | 26,547 |
| Profitability | ||
| Net Income | -13,448 | -610 |
| Return on Average Assets | -9.21 | -.875 |
| Return on Average Equity | -374.309 | -11.683 |
| Net Interest Margin | 2.203 | 3.311 |
| Efficiency Ratio | 96.608 | 96.665 |
| Noninterest Income/Revenue | 28.876 | 9.035 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 76.692 | 78.358 |
| Securities/Assets | .096 | .292 |
| Total Equity/Total Assets | .012 | .086 |
| Tangible Equity/Tangible Assets | .012 | -.316 |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | 6,950 | 24,573 |
| Tier 2 Capital | 6,950 | 3,110 |
| Total Capital | 13,900 | 27,572 |
| Total Risk Weighted Assets | 417,392 | 212,412 |
| Leverage Ratio | 1.19 | 9.014 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | 1.67 | 12.897 |
| Total Capital Ratio | 3.33 | 14.224 |
Timeline for Bank Of Florida - Southeast
Bank Of Florida - Southeast was acquired by 13 years
May 29 2010
Bristol Bank
Acquisition: Bank Of Florida - Southeast acquired a new subsidiary, Bristol Bank, 17 years
View Profile Aug 25 2006
Bank Of Florida - Southeast
Bank Of Florida - Southeast was established 21 years ago and is currently headquartered in Fort Lauderdale, FL.
Jul 16 2002
Bank Of Florida Corporation
Bank Of Florida Corporation became a new parent organization for Bank Of Florida - Southeast.
View Profile Jul 16 2002| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Everbank | Buyer | 28,693,152 | Failure | 5/29/2010 | |
| Bristol Bank | Seller | 90,350 | Acquisition | Discontinued | 8/25/2006 |
| Relationships | Role | Relationship Start | Relationship End |
| Bank Of Florida Corporation | Parent | 7/16/2002 | 5/28/2010 |
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