TransCapital Bank

TransCapital Bank Locations
2100 East Hallandale Beach Boulevard
Hallandale Beach, FL 33009
www.transcapitalbank.org

TransCapital Bank is headquartered in Sunrise and is the 109th largest bank in the state of Florida. It is also the 2,859th largest bank in the nation. It was established in 1999 and as of March of 2012, it had grown to 26 employees at 3 locations. TransCapital Bank has a 1-star health rating.

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4.60% 13-Month / 4.50% 8-Month CD at TransCapital Bank in Southwest Florida - 10/20/2008

TransCapital Bank has some very attractive promotional CDs. The best are only offered at its Bonita Office. These include a 4.60% APY CD with terms from 13 to 15 months and a 4.50% APY 8-month CD. For its other branches, the promotional CDs include a...

5.51% 11-Month / 5.25% 36-Month CD at a Florida Bank (TransCapital Bank) - 11/8/2007

TransCapital Bank is offering a promotional 5.51% APY 11-month certificate of deposit. The minimum deposit is $5,000. There's also a special 8-month CD with a yield of 5.41% APY. These are only available at the bank's Bonita Springs branch.The bank has...

5.25% Money Market Account at a Florida Bank (TransCapital Bank) - 10/2/2007

TransCapital Bank is advertising a 5.25% APY money market account. The yield is guaranteed until January 2008. The minimum balance required to earn this yield is $5,000. This special doesn't seem to be listed at the bank's website. It was advertised in...

5.55% 4-Month / 5.55% 11-Month CD at a Florida Bank (TransCapital) - 6/13/2007

TransCapital Bank is offering a promotional 5.55% APY certificate of deposit with a term from 4 to 11 months. The minimum deposit is $5,000. It's only available at the bank's Bonita Springs branch. This special is also being advertised in the Naples...



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See Rates for: Checking | Savings | Money Market | CD

TransCapital Bank Checking Account Rates

ApyMinMaxProduct
0.60%$50k-Non Profit Business Checking Account
0.50%$3,500-Capital Checking Account
0.40%$700-Transaction Checking Account
0.40%$750-Senior Advantage Plus Checking Account

TransCapital Bank Savings Account Rates

ApyMinMaxProduct
0.40%$100-Statement Savings Account

TransCapital Bank Money Market Rates

ApyMinMaxProduct
0.80%$300k-Smart Money Market Checking Account
0.80%$300k-Smart Business Money Market Checking Account

TransCapital Bank CD Rates

ApyMinMaxProduct
1.50%$1k-60 Month CD
1.10%$1k-34 Month Promotion CD
1.00%$1k-36 Month CD
0.95%$1k-24 Month CD
0.80%$1k-18 Month CD
0.70%$1k-12 Month CD
0.30%$1k-6 Month CD
0.20%$1k-3 Month CD

Rates updated: 5/27/2012

Data for Q1 2012


Institution Statistics


TransCapital Bank
FDIC Certificate #35050
BankRate ReportView
Year Established1999
Employees26
Primary RegulatorFDIC

Assets and Liabilities

Assets$223.04 million
Loans$159.27 million
Deposits$209.32 million
Equity Capital$13.10 million
Loan Loss Allowance$7.35 million
Unbacked Noncurrent Loans$29.61 million
Real Estate Owned$18.75 million

Historic Data - March 2011

Assets$244.99 million
Equity Capital$18.76 million
Loan Loss Allowance$9.36 million
Unbacked Noncurrent Loans$45.74 million
Real Estate Owned$15.26 million

Profit Margin - Quarterly

Net Interest Margin3.5%
Return on Assets-0.36%
Return on Equity-6.24%
Interest Income$2.35 million

Institution Health


Overall Score:
1 out of 5
1
Texas Ratio1
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 TransCapital Bank had $48.36 million in non-current loans and owned real-estate with $20.46 million in equity and loan loss allowances on hand to cover it. This gives TransCapital Bank a Texas Ratio of 236.38% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for TransCapital Bank held steady from 216.94% as of March 31, 2011 to 236.38% as of March 31, 2012, resulting in a negative change of 8.96%. This indicates that the balance sheet and financial strength for TransCapital Bank has held steady in recent periods.
Deposit Growth1
In the past year, TransCapital Bank has decreased its total deposits by -$16.1 million, resulting in -7.14% 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 TransCapital Bank has shown is poor.
Capitalization3
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. TransCapital Bank has $223.04 million in assets with $20.46 million in equity, resulting in a capitalization level of 9.17%, which is average.
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