Vitals
  • Total Assets
    437.0M 4.0 %
  • Total Deposits
    357.9M 0.5 %
  • Total Net Loans
    308.4M 3.3 %
  • Net Income
    3.8M 2.4 %
  • Book Value
    53.2M -0.9 %
  • Book Value x2
    106.4M -0.9 %
  • Book Value x3
    159.6M -0.9 %
ROAA

.883

ROAE

6.885

Efficiency Ratio

66.46

Net Interest Margin

4.119

Balance Sheet Highlights
Financial Highlights Firstatlantic Bank All Insured Savings Banks in Florida
Balance Sheet $(000)
Total Assets 436,951 3,025,401
Total Net Loans 308,415 2,623,152
Total Deposits 357,860 2,164,796
Total Equity 53,191 266,607
Profitability
Net Income 3,803 17,035
Return on Average Assets .883 .721
Return on Average Equity 6.885 3.273
Net Interest Margin 4.119 3.241
Efficiency Ratio 66.46 94.645
Noninterest Income/Revenue 6.519 16.59
Balance Sheet Ratios
Loan-to-Deposit 86.183 87.619
Securities/Assets .197 .036
Total Equity/Total Assets .122 .088
Tangible Equity/Tangible Assets .116 .076
Capital Adequacy
Tier 1 Common Capital 52,981 263,719
Tier 1 Capital 52,981 263,719
Tier 2 Capital 2,279 12,640
Total Capital 55,260 276,359
Total Risk Weighted Assets 319,651 1,952,254
Leverage Ratio 12.09 19.726
Common Equity Tier 1 Capital Ratio 16.57 55.428
Tier 1 Capital Ratio 16.57 55.428
Total Capital Ratio 17.29 56.21

Timeline for Firstatlantic Bank

Heritage Bank Of North Florida

Acquisition: Firstatlantic Bank acquired a new subsidiary, Heritage Bank Of North Florida, 11 years

View Profile Apr 20 2013

Centerbank Of Jacksonville, National Association

Acquisition: Firstatlantic Bank acquired a new subsidiary, Centerbank Of Jacksonville, National Association, 12 years

View Profile Dec 17 2011

Firstatlantic Financial Holdings, Inc.

Firstatlantic Financial Holdings, Inc. became a new parent organization for Firstatlantic Bank.

View Profile Jul 21 2007

Firstatlantic Bank

Firstatlantic Bank was established 24 years ago and is currently headquartered in Jacksonville, FL.

Nov 01 1999
Acquisitions & Mergers Role Assets Acct Method Type Transaction Date
Heritage Bank Of North Florida Seller 103,960 Failure 4/20/2013
Centerbank Of Jacksonville, National Association Seller 132,984 Discontinued 12/17/2011
Relationships Role Relationship Start Relationship End
Firstatlantic Financial Holdings, Inc. Parent 7/21/2011
Firstatlantic Financial Holdings, Inc. Parent 7/21/2007 7/20/2011
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