Premier American Bank
Miami, FL — Non-member Bank
Acquired Jan 2010
Vitals
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Total Assets299.2M -20.3 %
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Total Deposits285.6M -10.3 %
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Total Net Loans265.7M -16.1 %
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Net Income-21299000.0000
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Book Value24000.0000 -99.9 %
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Book Value x248000.0000 -99.9 %
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Book Value x372000.0000 -99.9 %
Balance Sheet Highlights
| Financial Highlights | Premier American Bank | All Insured Commercial Banks in Florida |
| Balance Sheet $(000) | ||
| Total Assets | 299,225 | 302,401 |
| Total Net Loans | 265,714 | 202,352 |
| Total Deposits | 285,554 | 250,013 |
| Total Equity | 24 | 26,393 |
| Profitability | ||
| Net Income | -21,299 | 2,508 |
| Return on Average Assets | -5.706 | .368 |
| Return on Average Equity | -154.618 | 3.412 |
| Net Interest Margin | 1.503 | 3.114 |
| Efficiency Ratio | 219.601 | 110.017 |
| Noninterest Income/Revenue | 6.351 | 20.386 |
| Balance Sheet Ratios | ||
| Loan-to-Deposit | 93.052 | 81.418 |
| Securities/Assets | .014 | .312 |
| Total Equity/Total Assets | .087 | |
| Tangible Equity/Tangible Assets | -.308 | |
| Capital Adequacy | ||
| Tier 1 Common Capital | — | — |
| Tier 1 Capital | — | 24,302 |
| Tier 2 Capital | — | 3,013 |
| Total Capital | — | 27,382 |
| Total Risk Weighted Assets | 266,410 | 218,360 |
| Leverage Ratio | — | 8.921 |
| Common Equity Tier 1 Capital Ratio | — | — |
| Tier 1 Capital Ratio | — | 12.542 |
| Total Capital Ratio | — | 13.884 |
Timeline for Premier American Bank
Premier American Bank was acquired by 14 years
Jan 23 2010
Florida Community Bank, National Association
Premier American Bank was acquired by Florida Community Bank, National Association 14 years
View Profile Jan 23 2010
Premier American Bank
Premier American Bank was established 22 years ago and is currently headquartered in Miami, FL.
Sep 04 2001| Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
| Florida Community Bank, National Association | Buyer | 8,387,105 | Failure | 1/23/2010 |
| Relationships | Role | Relationship Start | Relationship End |
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