Bankatlantic
Fort Lauderdale, FL — Federal Savings Bank
Acquired Aug 2012
Vitals
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Total Assets3.8B
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Total Deposits3.5B
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Total Net Loans2.3B
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Net Income-10612000.0000
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Book Value280.4M
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Book Value x2560.9M
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Book Value x3841.3M
Balance Sheet Highlights
Financial Highlights | Bankatlantic | All Insured Savings Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 3,807,907 | 502,085 |
Total Net Loans | 2,251,820 | 325,723 |
Total Deposits | 3,454,049 | 421,218 |
Total Equity | 280,436 | 45,703 |
Profitability | ||
Net Income | -10,612 | -1,798 |
Return on Average Assets | -.563 | -.952 |
Return on Average Equity | -7.494 | -27.318 |
Net Interest Margin | 2.722 | 3.255 |
Efficiency Ratio | 94.669 | 103.816 |
Noninterest Income/Revenue | 37.394 | 26.474 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 65.194 | 70.907 |
Securities/Assets | .008 | .083 |
Total Equity/Total Assets | .074 | .091 |
Tangible Equity/Tangible Assets | .069 | .086 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 288,340 | 43,755 |
Tier 2 Capital | 48,268 | 4,903 |
Total Capital | 336,608 | 48,657 |
Total Risk Weighted Assets | 2,068,000 | 300,221 |
Leverage Ratio | 7.6 | 9.177 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 13.94 | 15.689 |
Total Capital Ratio | 16.28 | 16.954 |
Timeline for Bankatlantic
Branch Banking And Trust Company
Bankatlantic was acquired by Branch Banking And Trust Company 11 years
View Profile Aug 02 2012Bb&T Corporation
Bb&T Corporation became a new parent organization for Bankatlantic.
View Profile Aug 01 2012Community Savings, F. A.
Acquisition: Bankatlantic acquired a new subsidiary, Community Savings, F. A., 22 years
View Profile Mar 23 2002Bank Of North America
Acquisition: Bankatlantic acquired a new subsidiary, Bank Of North America, 27 years
View Profile Oct 12 1996Mega Bank
Acquisition: Bankatlantic acquired a new subsidiary, Mega Bank, 29 years
View Profile Feb 18 1995Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Branch Banking And Trust Company | Buyer | 217,378,053 | Acquisition | Discontinued | 8/2/2012 |
Community Savings, F. A. | Seller | 948,554 | Discontinued | 3/23/2002 | |
Bank Of North America | Seller | 525,505 | Discontinued | 10/12/1996 | |
Mega Bank | Seller | 151,824 | Discontinued | 2/18/1995 |
Relationships | Role | Relationship Start | Relationship End |
Bb&T Corporation | Parent | 8/1/2012 | 8/1/2012 |
Bankatlantic Bancorp, Inc. | Parent | 7/21/2011 | 7/31/2012 |
Bankatlantic Bancorp, Inc. | Parent | 7/13/1994 | 7/20/2011 |
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