BAC Florida Bank

BAC Florida Bank is headquartered in Coral Gables and is the 21^st largest bank in the state of Florida. It is also the 555^th largest bank in the nation. It was established in 1973 and as of December of 2011, it had grown to 149 employees at 1 location. BAC Florida Bank has a 3-star health rating.

Data for Q4 2011

Institution Statistics BAC Florida Bank FDIC Certificate # 21265 BankRate Report View Year Established 1973 Employees 149 Primary Regulator FDIC Assets and Liabilities Assets $1.17 billion Loans $867.95 million Deposits $851.18 million Equity Capital $99.30 million Loan Loss Allowance $14.78 million Unbacked Noncurrent Loans $32.09 million Real Estate Owned $2.20 million Historic Data - December 2010 Assets $1.12 billion Equity Capital $98.21 million Loan Loss Allowance $13.65 million Unbacked Noncurrent Loans $32.39 million Real Estate Owned $4.15 million Profit Margin - Quarterly Net Interest Margin 2.65% Return on Assets 0.09% Return on Equity 1.01% Interest Income $38.99 million

Institution Health Overall Score: 3 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 December 31, 2011 BAC Florida Bank had $34.28 million in non-current loans and owned real-estate with $114.08 million in equity and loan loss allowances on hand to cover it. This gives BAC Florida Bank a Texas Ratio of 30.05% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for BAC Florida Bank held steady from 32.67% as of December 31, 2010 to 30.05% as of December 31, 2011, resulting in a positive change of 8.02%.This indicates that the balance sheet and financial strength for BAC Florida Bank has held steady in recent periods. Deposit Growth In the past year, BAC Florida Bank has increased its total deposits by $48.95 million, resulting in 6.1% 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 BAC Florida Bank 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. BAC Florida Bank has $1.17 billion in assets with $114.08 million in equity, resulting in a capitalization level of 9.72%, which is average.

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