First Bank of Miami

First Bank of Miami is headquartered in Coral Gables and is the 97^th largest bank in the state of Florida. It is also the 2,589^th largest bank in the nation. It was established in 1996 and as of March of 2012, it had grown to 59 employees at 5 locations. First Bank of Miami has a 3-star health rating.

First Bank of Miami Routing Number: 066014153

Data for Q1 2012

Institution Statistics First Bank of Miami FDIC Certificate # 34182 BankRate Report View Year Established 1996 Employees 59 Primary Regulator FDIC Assets and Liabilities Assets $247.77 million Loans $122.47 million Deposits $223.87 million Equity Capital $22.87 million Loan Loss Allowance $2.33 million Unbacked Noncurrent Loans $5.09 million Real Estate Owned $7.07 million Historic Data - March 2011 Assets $246.61 million Equity Capital $23.96 million Loan Loss Allowance $1.19 million Unbacked Noncurrent Loans $4.92 million Real Estate Owned $5.78 million Profit Margin - Quarterly Net Interest Margin 3.59% Return on Assets -0.5% Return on Equity -5.55% Interest Income $2.17 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 March 31, 2012 First Bank of Miami had $12.16 million in non-current loans and owned real-estate with $25.19 million in equity and loan loss allowances on hand to cover it. This gives First Bank of Miami a Texas Ratio of 48.28% 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 First Bank of Miami held steady from 42.54% as of March 31, 2011 to 48.28% as of March 31, 2012, resulting in a negative change of 13.48%. This indicates that the balance sheet and financial strength for First Bank of Miami has held steady in recent periods. Deposit Growth In the past year, First Bank of Miami has increased its total deposits by $2.38 million, resulting in 1.08% 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 First Bank of Miami has shown is above average. 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. First Bank of Miami has $247.77 million in assets with $25.19 million in equity, resulting in a capitalization level of 10.17%, which is above average.

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