Florida Shores Bank - Southeast
Pompano Beach, FL — Domestic Branch of a Domestic Bank
Acquired Jan 2014
Vitals
-
Total Assets166.9M -9.0 %
-
Total Deposits152.7M -9.4 %
-
Total Net Loans122.9M 2.2 %
-
Net Income-876000.0000 56.0 %
-
Book Value13.8M -5.3 %
-
Book Value x227.6M -5.3 %
-
Book Value x341.4M -5.3 %
Balance Sheet Highlights
Financial Highlights | Florida Shores Bank - Southeast | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 166,937 | 399,743 |
Total Net Loans | 122,895 | 245,206 |
Total Deposits | 152,674 | 333,227 |
Total Equity | 13,788 | 40,180 |
Profitability | ||
Net Income | -876 | 2,206 |
Return on Average Assets | -.49 | .453 |
Return on Average Equity | -6.087 | 4.229 |
Net Interest Margin | 3.703 | 3.515 |
Efficiency Ratio | 97.586 | 83.791 |
Noninterest Income/Revenue | 4.265 | 14.749 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 80.495 | 73.732 |
Securities/Assets | .117 | .19 |
Total Equity/Total Assets | .083 | .101 |
Tangible Equity/Tangible Assets | .045 | .098 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 14,401 | 37,467 |
Tier 2 Capital | 1,695 | 3,086 |
Total Capital | 16,096 | 40,597 |
Total Risk Weighted Assets | 135,160 | 259,835 |
Leverage Ratio | 8.4 | 9.818 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 10.65 | 14.977 |
Total Capital Ratio | 11.91 | 16.172 |
Timeline for Florida Shores Bank - Southeast
Stonegate Bank
Florida Shores Bank - Southeast was acquired by Stonegate Bank 10 years
View Profile Jan 16 2014Florida Shores Bank - Southeast
Florida Shores Bank - Southeast was established 17 years ago and is currently headquartered in Pompano Beach, FL.
Dec 08 2006Florida Shores Bancorp, Inc.
Florida Shores Bancorp, Inc. became a new parent organization for Florida Shores Bank - Southeast.
View Profile Dec 08 2006Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Stonegate Bank | Buyer | 2,937,147 | Acquisition | Discontinued | 1/16/2014 |
Relationships | Role | Relationship Start | Relationship End |
Florida Shores Bancorp, Inc. | Parent | 3/29/2013 | 1/15/2014 |
Florida Shores Bancorp, Inc. | Parent | 12/31/2012 | 3/28/2013 |
Florida Shores Bancorp, Inc. | Parent | 4/30/2011 | 12/30/2012 |
Florida Shores Bancorp, Inc. | Parent | 10/1/2008 | 4/29/2011 |
Florida Shores Bancorp, Inc. | Parent | 9/30/2008 | 9/30/2008 |
Florida Shores Bancorp, Inc. | Parent | 12/8/2006 | 9/29/2008 |
Similar Organizations
Organization | City | State | Total Assets |
---|---|---|---|
Community Bank Of The Midwest
|
Great Bend | KS | 168.3M |
Visionbank
|
Fargo | ND | 165.1M |
Farmers Bank And Trust Company
|
Marion | KY | 168.8M |
Citizens Progressive Bank
|
Winnsboro | LA | 168.9M |
Ultima Bank Minnesota
|
Winger | MN | 169.6M |
Logansport Savings Bank
|
Logansport | IN | 169.9M |
Adams County Bank
|
Kenesaw | NE | 170.1M |
State Bank Of Arcadia
|
Arcadia | WI | 170.1M |
Livingston State Bank
|
Livingston | WI | 163.6M |
First Farmers State Bank
|
Minier | IL | 171.1M |