Transatlantic Bank
Miami, FL — State Member Bank
Acquired Aug 2010
Vitals
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Total Assets532.0M 0.8 %
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Total Deposits454.2M 2.9 %
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Total Net Loans300.0M -1.1 %
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Net Income1.4M
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Book Value55.9M 12.5 %
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Book Value x2111.8M 12.5 %
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Book Value x3167.7M 12.5 %
Balance Sheet Highlights
Financial Highlights | Transatlantic Bank | All Insured Commercial Banks in Florida |
Balance Sheet $(000) | ||
Total Assets | 532,013 | 296,385 |
Total Net Loans | 300,044 | 187,155 |
Total Deposits | 454,201 | 246,406 |
Total Equity | 55,909 | 26,829 |
Profitability | ||
Net Income | 1,404 | -1,238 |
Return on Average Assets | .522 | -1.042 |
Return on Average Equity | 5.198 | -14.523 |
Net Interest Margin | 3.712 | 3.343 |
Efficiency Ratio | 68.503 | 96.875 |
Noninterest Income/Revenue | 14.65 | 8.259 |
Balance Sheet Ratios | ||
Loan-to-Deposit | 66.06 | 77.342 |
Securities/Assets | .314 | .162 |
Total Equity/Total Assets | .105 | .091 |
Tangible Equity/Tangible Assets | .105 | .09 |
Capital Adequacy | ||
Tier 1 Common Capital | — | — |
Tier 1 Capital | 54,460 | 23,956 |
Tier 2 Capital | 4,575 | 2,688 |
Total Capital | 59,035 | 26,740 |
Total Risk Weighted Assets | 364,138 | 201,577 |
Leverage Ratio | 10.16 | 8.856 |
Common Equity Tier 1 Capital Ratio | — | — |
Tier 1 Capital Ratio | 14.96 | 12.92 |
Total Capital Ratio | 16.21 | 14.255 |
Timeline for Transatlantic Bank
Sabadell United Bank, National Association
Transatlantic Bank was acquired by Sabadell United Bank, National Association 13 years
View Profile Aug 09 2010Transatlantic Holding Corp.
Transatlantic Holding Corp. became a new parent organization for Transatlantic Bank.
View Profile Nov 01 2006See Trust
See Trust became a new parent organization for Transatlantic Bank.
View Profile Jul 01 2006Flagler Title Services, Llc
Flagler Title Services, Llc became a new subsidiary organization for Transatlantic Bank.
View Profile Jul 01 2006Transatlantic Bank
Transatlantic Bank was established 39 years ago and is currently headquartered in Miami, FL.
Aug 24 1984Acquisitions & Mergers | Role | Assets | Acct Method | Type | Transaction Date |
Sabadell United Bank, National Association | Buyer | 5,550,075 | Pooling of Interests | Discontinued | 8/9/2010 |
Relationships | Role | Relationship Start | Relationship End |
Transatlantic Holding Corp. | Parent | 11/1/2006 | 8/8/2010 |
See Trust | Parent | 7/1/2006 | 10/31/2006 |
Flagler Title Services, Llc | Subsidary | 7/1/2006 | 6/7/2007 |
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