# FIRST BANK OF MIAMI
CORAL GABLES, FL · FDIC certificate 34182 · asset band <$300M · latest filing 2014-06 · stopped filing (departed)

**Verdict on the desk:** this could be *credit-stressed*. Composite score 6 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $192.8M | |
| Deposits | $175.4M | |
| Loans and leases | $93.4M | |
| Total equity | $16.7M | |
| Loans / deposits | 52.42% (p23 of band) | 70.22% |
| Liquid assets / assets | 47.31% (p73 of band) | |
| Uninsured deposits / deposits | 24.86% (p87 of band) | 12.36% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.00% (p18 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 8.64% (p17 of band) | 10.41% |
| Unrealized securities loss / equity | -2.32% (p15 of band) | 0.24% |
| AOCI / equity | 1.18% (p47 of band) | |
| ROA (annualized) | -1.24% (p2 of band) | 0.79% |
| Net interest margin | 2.94% (p17 of band) | 3.62% |
| Efficiency ratio | 136.80% (p98 of band) | |
| Noncurrent loans | 3.63% (p88 of band) | 0.88% |
| Net charge-offs (annualized) | 0.03% (p57 of band) | |
| Reserve coverage of noncurrent | 41.93% | |
| Real estate % of loans | 94% | |
| Construction % of loans | 33.02% (p71 of band) | |
| Auto loans | $76,000 (0.08% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p48 of band) | |
| Deposits YoY | -7.9% | |
| Employees | 54 | |

## Flags firing in the latest filing

- **capital falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)
- **deposits shrinking** (`shrink_deposits`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 3 | capital falling, losing money |  |
| 2011-12 | 3 |  |  |
| 2012-03 | 5 | charge-offs p90, uninsured deposits leaving |  |
| 2012-06 | 6 | expense ratio p90, assets shrinking | capital falling |
| 2012-09 | 6 | deposits shrinking | charge-offs p90 |
| 2012-12 | 6 |  |  |
| 2013-03 | 5 |  | uninsured deposits leaving |
| 2013-06 | 5 |  |  |
| 2013-09 | 6 | capital falling |  |
| 2013-12 | 3 |  | assets shrinking, deposits shrinking, capital falling |
| 2014-03 | 5 | deposits shrinking, assets shrinking |  |
| 2014-06 | 6 | capital falling |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2014-08-11 [Apollo Bank completes acquisition of First Bank of Miami, raises $22 M - The Business Journals](https://news.google.com/rss/articles/CBMisgFBVV95cUxPRTRSODZES1BGTXNPZUVCaFdFbHRoUWZuRy1DM1E1dXJqZGo0anQzXzlwaEt1UUZuYkdSTUYtLV9LeW5HUnhORHBrN25WTmdXMTRMU0tGU0N0N2tkS0c4emdTWE5PU1pOb3hRRXBSR3gybEh5TEFTaXJkX19MR3NTWEdIT0JPU3otRG9RaS05TDhtYlhHVzN1SjZxSkhZd0FBY3A2UjRRTWpPQ0UxN3RSSHpn?oc=5) · The Business Journals
- 2024-06-18 [IFB's Sonia Canessa-Gonzalez on stepping up to the plate to showcase skills - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxQQjZtSU5wdkJJdEdLVTRuZkhkOVBiS0szMDVLbUl6TjJfWjQ2d2lUcE5wZFNCNnVGTmt0NUVibG9hWmZyM0hBU3IyTXY3RTFMVU5weFBfNE5hX1JWQ2xHcUdQT0xlNTdtT21nYzk4bm9oZ1ZaWVhJc3BSdXNadkU3NXBlTEx0eU9hT21jbmg1YTJrS1hrSDF4ZHQ2TlMwR2ViOE9IMXRud2FLZjBkVkdtSw?oc=5) · The Business Journals
- 2024-11-13 [Grove Bank & Trust taps new CFO from local competitor - The Business Journals](https://news.google.com/rss/articles/CBMisAFBVV95cUxQSTZoZnY1U0pRZ3hybmtTNzVpZ2wtWmd5cXF3ZlRTYjMwSUdjeEhiQXF1cDdmRlVNWUFLcjNERUJCdWtBal8zWnJ6Qm55NzBMRVpMRElqNXZxNnZTME5sRTlLbEM5TlNMQUZYUjhBRllmWWNtdTF3Z3NiSjhhemdsWjFFSGpwZGtfdFhhTU5oa1piWWE0SlVQaUxmajFKUHRiMEdvcE13UndpSlFHVEg1Rw?oc=5) · The Business Journals
- 2024-05-02 [Meet the 2024 CFO Awards honorees - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxOcmtaUHk3ZnBQVmZoY2U4SVZWaWxYOUt3dEU1MVlQdzhscG5ISDhkNE5ld3BGY0NrbXhpTHV6WWRDQTAxWk9wdVRHV3FFWU5NeDRiRHJfOUtkTFZTMDVGWkdsaEJrUTBfX2FXcVM5UGRSU0NDRVZEcjhxVW5jS3RZT1VTVHlmcnNHcG5lRGNMamxkUlhOYUVCQUY2cw?oc=5) · The Business Journals
- 2015-07-31 [Power Leaders in Banking and Finance - The Business Journals](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQYTNYUnloYXV0UlplS0pzNEd6RVE2VVpoYVRITW9MZEg1YzVpVTd5STFOV2xwUzBQbFMxcUJneW9KZFQ1NmVMZUpTT1loZVFxcWtzSXJwa0gyR0R5NjlrXzZpeVF3bUVQVkhia0VBbXlZZnNHdFdUQ3RPTTFESjhtSENoOHlUVURTVDlWZzl2QnJqWW8xRGxCTERQZkI0X2t6XzNaLXpVUG93ZkU?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=34182 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/6.json (key "34182", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide