U. S. Century Bank

U. S. Century Bank is headquartered in Doral and is the 20^th largest bank in the state of Florida. It is also the 490^th largest bank in the nation. It was established in 2002 and as of March of 2012, it had grown to 281 employees at 24 locations. U. S. Century Bank has a 1-star health rating.

Related Posts

Data for Q1 2012

Institution Statistics U. S. Century Bank FDIC Certificate # 57369 BankRate Report View Year Established 2002 Employees 281 Primary Regulator FDIC Assets and Liabilities Assets $1.36 billion Loans $1.07 billion Deposits $1.28 billion Equity Capital $57.85 million Loan Loss Allowance $62.56 million Unbacked Noncurrent Loans $235.21 million Real Estate Owned $34.55 million Historic Data - March 2011 Assets $1.72 billion Equity Capital $123.83 million Loan Loss Allowance $54.34 million Unbacked Noncurrent Loans $179.58 million Real Estate Owned $48.12 million Profit Margin - Quarterly Net Interest Margin 3.54% Return on Assets -1.07% Return on Equity -24.24% Interest Income $13.20 million

Institution Health Overall Score: 1 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 U. S. Century Bank had $269.76 million in non-current loans and owned real-estate with $120.41 million in equity and loan loss allowances on hand to cover it. This gives U. S. Century Bank a Texas Ratio of 224.03% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for U. S. Century Bank increased slightly from 127.80% as of March 31, 2011 to 224.03% as of March 31, 2012, resulting in a negative change of 75.30%. This indicates that the balance sheet and financial strength for U. S. Century Bank has declined slightly in recent periods. Deposit Growth In the past year, U. S. Century Bank has decreased its total deposits by -$234.98 million, resulting in -15.55% 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 U. S. Century Bank has shown is poor. 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. U. S. Century Bank has $1.36 billion in assets with $120.41 million in equity, resulting in a capitalization level of 8.88%, which is average.

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