Grand Bank & Trust Of Florida
West Palm Beach, FL — Domestic Branch of a Domestic Bank
Acquired Jul 2015
Vitals
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Total Assets218.6M 3.2 %
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Total Deposits193.9M 3.2 %
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Total Net Loans110.0M -13.2 %
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Net Income1.6M 145.4 %
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Book Value22.2M 7.1 %
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Book Value x244.4M 7.1 %
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Book Value x366.6M 7.1 %
Balance Sheet Highlights
Financial Highlights | Grand Bank & Trust Of Florida | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 218,638 | 505,799 |
Total Net Loans | 110,025 | 326,833 |
Total Deposits | 193,920 | 418,670 |
Total Equity | 22,202 | 53,327 |
Profitability | ||
Net Income | 1,639 | 1,637 |
Return on Average Assets | 1.554 | .642 |
Return on Average Equity | 15.038 | 6.185 |
Net Interest Margin | 3.348 | 3.572 |
Efficiency Ratio | 100.401 | 78.721 |
Noninterest Income/Revenue | 6.506 | 13.886 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 56.737 | 76.138 |
Securities/Assets | .238 | .174 |
Total Equity/Total Assets | .102 | .105 |
Tangible Equity/Tangible Assets | .102 | .102 |
Capital Adequacy | ||
Tier 1 Common Capital | 22,611 | 47,843 |
Tier 1 Capital | 22,611 | 48,266 |
Tier 2 Capital | 1,761 | 3,711 |
Total Capital | 24,372 | 51,974 |
Total Risk Weighted Assets | 139,850 | 346,252 |
Leverage Ratio | 10.5 | 10.068 |
Common Equity Tier 1 Capital Ratio | 16.17 | 15.275 |
Tier 1 Capital Ratio | 16.17 | 15.352 |
Total Capital Ratio | 17.43 | 16.509 |
Timeline for Grand Bank & Trust Of Florida
Seacoast National Bank
Grand Bank & Trust Of Florida was acquired by Seacoast National Bank 8 years
View Profile Jul 18 2015Grand Bankshares, Inc.
Grand Bankshares, Inc. became a new parent organization for Grand Bank & Trust Of Florida.
View Profile Jan 01 2002Grand Bank & Trust Of Florida
Grand Bank & Trust Of Florida was established 25 years ago and is currently headquartered in West Palm Beach, FL.
Feb 01 1999Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Seacoast National Bank | Buyer | 4,513,754 | Acquisition | Discontinued | 7/18/2015 |
Relationships | Role | Relationship Start | Relationship End |
Grand Bankshares, Inc. | Parent | 1/1/2002 | 7/17/2015 |
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