1st United Bank (FL)

1st United Bank (FL) is headquartered in Boca Raton and is the 17^st largest bank in the state of Florida. It is also the 441^st largest bank in the nation. It was established in 2000 and as of March of 2013, it had grown to 289 employees at 28 locations. 1st United Bank (FL) has a 4-star health rating.

Data for Q1 2013

Institution Statistics 1st United Bank FDIC Certificate # 35408 BankRate Report View Year Established 2000 Employees 289 Primary Regulator FED Assets and Liabilities Assets $1.55 billion Loans $915.17 million Deposits $1.32 billion Equity Capital $215.77 million Loan Loss Allowance $9.34 million Unbacked Noncurrent Loans $33.84 million Real Estate Owned $7.64 million Historic Data - March 2012 Assets $1.40 billion Equity Capital $179.18 million Loan Loss Allowance $12.18 million Unbacked Noncurrent Loans $24.20 million Real Estate Owned $2.11 million Profit Margin - Quarterly Net Interest Margin 5.04% Return on Assets 0.45% Return on Equity 3.25% Interest Income $17.69 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2013 1st United Bank (FL) had $41.48 million in non-current loans and owned real-estate with $225.11 million in equity and loan loss allowances on hand to cover it. This gives 1st United Bank (FL) a Texas Ratio of 18.43% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for 1st United Bank (FL) held steady from 13.85% as of March 31, 2012 to 18.43% as of March 31, 2013, resulting in a negative change of 33.00%. This indicates that the balance sheet and financial strength for 1st United Bank (FL) has held steady in recent periods. Deposit Growth In the past year, 1st United Bank (FL) has increased its total deposits by $119.06 million, resulting in 9.95% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 1st United Bank (FL) has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 1st United Bank (FL) has $1.55 billion in assets with $225.11 million in equity, resulting in a capitalization level of 14.48%, which is excellent.

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