City National Bank of Florida

City National Bank of Florida is headquartered in Miami and is the 6^th largest bank in the state of Florida. It is also the 189^th largest bank in the nation. It was established in 1970 and as of March of 2012, it had grown to 438 employees at 27 locations. City National Bank of Florida has a 5-star health rating.

Data for Q1 2012

Institution Statistics City National Bank of Florida FDIC Certificate # 20234 BankRate Report View Year Established 1970 Employees 438 Primary Regulator OCC Assets and Liabilities Assets $4.21 billion Loans $1.94 billion Deposits $3.10 billion Equity Capital $818.04 million Loan Loss Allowance $74.32 million Unbacked Noncurrent Loans $29.08 million Real Estate Owned $13.29 million Historic Data - March 2011 Assets $3.86 billion Equity Capital $783.74 million Loan Loss Allowance $77.24 million Unbacked Noncurrent Loans $61.64 million Real Estate Owned $8.75 million Profit Margin - Quarterly Net Interest Margin 3.47% Return on Assets 0.92% Return on Equity 4.64% Interest Income $32.48 million

Institution Health Overall Score: 5 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, 2012 City National Bank of Florida had $42.36 million in non-current loans and owned real-estate with $892.35 million in equity and loan loss allowances on hand to cover it. This gives City National Bank of Florida a Texas Ratio of 4.75% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for City National Bank of Florida decreased significantly from 8.18% as of March 31, 2011 to 4.75% as of March 31, 2012, resulting in a positive change of 41.93%.This indicates that the balance sheet and financial strength for City National Bank of Florida has improved significantly in recent periods. Deposit Growth In the past year, City National Bank of Florida has increased its total deposits by $277.97 million, resulting in 9.86% 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 City National Bank of Florida 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. City National Bank of Florida has $4.21 billion in assets with $892.35 million in equity, resulting in a capitalization level of 21.20%, which is excellent.

No reviews have been left for this bank yet. Be the first to review.