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305-448-6500
2720 Coral Way
Miami, FL 33145

TotalBank is headquartered in Miami and is the 12st largest bank in the state of Florida. It is also the 291st largest bank in the nation. It was established in 1974 and as of December of 2013, it had grown to 444 employees at 21 locations. TotalBank has a A+ health rating.

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Reviews (1)

No Service To The Costumers.

I been calling the main phone number for about an hour and just getting a recording. This is no way of running a business or bank. No wander the bank is loosing costumers.



Health

Data for Q4 2013

Institution Health

A+

Texas Ratio

GRADE:
A+

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, 2013 TotalBank had $33.88 million in non-current loans and owned real-estate with $448.1 million in equity and loan loss allowances on hand to cover it. This gives TotalBank a Texas Ratio of 7.56% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for TotalBank experienced no significant changes from 6.91% as of December 31, 2012 to 7.56% as of December 31, 2013, resulting in a negative change of 9.38%. This indicates that the balance sheet and financial strength for TotalBank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, TotalBank has increased its total deposits by $172.47 million, resulting in 10.96% 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 TotalBank has shown is excellent.

Capitalization

GRADE:
A+

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. TotalBank has $2.54 billion in assets with $448.1 million in equity, resulting in a capitalization level of 17.63%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #21468
Year Established1974
Employees444
Primary RegulatorFDIC
Assets and Liabilities
Assets$2.54 billion
Loans$1.52 billion
Deposits$1.75 billion
Equity Capital$427.81 million
Loan Loss Allowance$20.30 million
Unbacked Noncurrent Loans$28.65 million
Real Estate Owned$5.24 million
Historic Data - December 2012
Assets$2.41 billion
Equity Capital$427.36 million
Loan Loss Allowance$22.40 million
Unbacked Noncurrent Loans$28.65 million
Real Estate Owned$6.68 million
Profit Margin - Quarterly
Net Interest Margin3.13%
Return on Assets0.52%
Return on Equity2.99%
Interest Income$85.93 million
Rates
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TotalBank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$500-Total e-Savings

TotalBank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Total e-Interest Checking

TotalBank CD Rates

DetailsAPYMINMAXPRODUCT
0.50%$1k-12 Month Total e-CD
0.40%$1k-9 Month Total e-CD
0.25%$1k-6 Month Total e-CD
0.20%$1k-3 Month Total e-CD
Locations

TotalBank has 19 locations. Click to view all TotalBank locations.