# PROFESSIONAL BANK
CORAL GABLES, FL · FDIC certificate 58862 · asset band $1-10B · latest filing 2022-12 · stopped filing (departed)

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (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 | $2.59B | |
| Deposits | $2.19B | |
| Loans and leases | $2.13B | |
| Total equity | $257.6M | |
| Loans / deposits | 96.62% (p80 of band) | 82.70% |
| Liquid assets / assets | 13.04% (p14 of band) | |
| Uninsured deposits / deposits | 55.55% (p91 of band) | 32.12% |
| Brokered deposits | 0.50% | |
| Wholesale funding | 5.14% (p44 of band) | |
| FHLB advances / assets | 4.64% | |
| Tier 1 leverage | 10.00% (p55 of band) | 9.80% |
| Unrealized securities loss / equity | -10.81% (p74 of band) | -22.81% |
| AOCI / equity | -6.25% (p70 of band) | |
| ROA (annualized) | 1.06% (p38 of band) | 1.17% |
| Net interest margin | 3.58% (p63 of band) | 3.41% |
| Efficiency ratio | 55.01% (p35 of band) | |
| Noncurrent loans | 0.07% (p18 of band) | 0.26% |
| Net charge-offs (annualized) | 0.02% (p67 of band) | |
| Reserve coverage of noncurrent | 1173.73% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 51.93% (p44 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $67.9M (26% of equity) (p96 of band) | |
| Deposits YoY | -8.0% | |
| Employees | 196 | |

## Flags firing in the latest filing

- **uninsured deposits >50%** (`liq_uninsured`)
- **run vulnerability** (`liq_runrisk`)
- **deposits shrinking** (`shrink_deposits`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 0 |  |  |
| 2011-06 | 1 | reserve under noncurrent |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 0 |  | reserve under noncurrent |
| 2012-03 | 1 | capital falling |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 0 |  | capital falling |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | capital falling |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | capital falling |
| 2014-09 | 0 |  |  |
| 2014-12 | 0 |  |  |
| 2015-03 | 0 |  |  |
| 2015-06 | 0 |  |  |
| 2015-09 | 0 |  |  |
| 2015-12 | 0 |  |  |
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | capital falling |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | capital falling |
| 2017-12 | 2 | uninsured deposits >50%, run vulnerability |  |
| 2018-03 | 0 |  | uninsured deposits >50%, run vulnerability |
| 2018-06 | 3 | uninsured deposits >50%, run vulnerability, expense ratio p90 |  |
| 2018-09 | 2 |  | expense ratio p90 |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | expense ratio p90 |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 4 | capital falling |  |
| 2019-12 | 2 |  | run vulnerability, capital falling |
| 2020-03 | 3 | run vulnerability |  |
| 2020-06 | 3 | wholesale funding >15% | expense ratio p90 |
| 2020-09 | 2 |  | wholesale funding >15% |
| 2020-12 | 3 | capital falling |  |
| 2021-03 | 4 | charge-offs p90 |  |
| 2021-06 | 3 |  | run vulnerability |
| 2021-09 | 2 |  | capital falling |
| 2021-12 | 2 |  |  |
| 2022-03 | 1 |  | charge-offs p90 |
| 2022-06 | 1 |  |  |
| 2022-09 | 4 | run vulnerability, deposits shrinking, assets shrinking |  |
| 2022-12 | 3 |  | assets shrinking |

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

- 2022-02-25 [A CEO change at Professional Bank in Florida - American Banker](https://news.google.com/rss/articles/CBMihwFBVV95cUxPeEJpTTBjQzJWSGtkZGhFSV9wVEhkZ3RTNEVTb1VtOHhQaExsRVhlelo2Rmt0OFZzLVZkTXhKZVdhQzgxWWpDdTdpRDB3X0dndHVfOXlFUEpfaDNZdk5uOFVrUFNsTVRTSUpEajVlX2NEWVZVbHJuNmVXUzZGNGhMTVB0LVhKSkk?oc=5) · American Banker
- 2023-02-01 [Seacoast buys Professional Bank for $490m - Retail Banker International](https://news.google.com/rss/articles/CBMihgFBVV95cUxOTWYtbDEtV0o2M3ViUjN0ZEFJX051MkFuSGhFSHpzRDFSRHVQOWFHZF9ZUnhySS1BRHlnSU9vNHJHYlRpX2pRdG1ySm1JbEtKdWRGT1hCcXhwb2Q2aW5tb3RHYXN1VEFBV1A3WGtDTV9hZkNWdDVvT0RqWkFkbzJKNl9IUGhVZw?oc=5) · Retail Banker International
- 2023-01-31 [Seacoast Completes Acquisition of Professional Holding Corp. - Business Wire](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPbjRxZ0VZclNya3VFWGhmVXVzeWxCZ3gtZFpPY1Q4VlBpUU44SlEwc25ZS0hvYmFYLU9qS29raGFaWGQ2S1ZmTjIxSlEta0xwbkU1Mmd1eDQwRnJsNWp6Y3dsUXFhd0I3VnV6VVBKUkE1VmFXY2ZyQXlYX2djeGtvWVJ5djM3YWRsU0NRMGFScHpRdkNoMGQ3OS1GME93Y19HMjFCalBUQlJFVFdTa2x4MEVMOWhiOXVS?oc=5) · Business Wire
- 2023-08-14 [VISTA BANK CONTINUES ITS FLORIDA EXPANSION WITH THE ADDITION OF SIX SEASONED FLORIDA BANKING PROFESSIONALS - PR Newswire](https://news.google.com/rss/articles/CBMi9AFBVV95cUxNV2J1cUdKemxnRTU1TUVENk9aM3RvOVhrTnNXSVljdnNKLTZVN09QdENESHNoLTVQWFREdWNjZ2VhY09YUzk5ZVdKUU5ZWkhveU9yUVRacTlVbzVtdmJlOE91aFBfUUhrS1JONXNTOHRqYmpyZmxEeVhWRjZWaldjVGZVYk9YeFoyRlVUNzRoRTc5T3V4SGdqRnBiQWRUakd3VmVjSXprUHNUZEtHOWtqc1paWlpvNk13R2RPRngtQ29QRnF3MVFtUVpzcE55Q0ZPZklpN1F5eUtIMUpRa1ctVlo0RjhiNzJIRDBwV1ZaekVDamxj?oc=5) · PR Newswire
- 2023-02-01 [Seacoast Bank completes acquisition of Professional Bank - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxOYVEzeTNsRFZ4WkFfZDVjTFFqUThpekdNcFJfamlsa2tLRkt4dndaOFN3bVQwT2VQZzdhM3RZMEtzbW9QeDRBeHVCd0ZTQzBtZEkzVkdnZWtoUjF0N3JZSTV4QVdPU3ZqVktFeTFLM3NRYTA4M0N1R2pBdFNtN0dPV0hMWkdnWTVWTmhFMDlxV05zOENXMEhfYnJmQ2xpUQ?oc=5) · The Business Journals
- 2020-09-24 [Born in the Great Recession, Professional Bank now maneuvers through the pandemic - Miami Herald](https://news.google.com/rss/articles/CBMif0FVX3lxTE9pbWozYm95LWdtV3Btel9PNWFDaEt6Yk91ekNDYzRkc1NpTHZjSnlHRndzcVFlTHJ0WmowNE5oVnlCN2VWODBPYmRJTUk0Z1VUTUhJZi1NWk05VVE3d3gtSWdBMklVQXNzX0lOY0YtZ0VUZmZWNUVmNTBhV2pZYTTSAX9BVV95cUxNR1ZEWWNPeTNHRE9IVzFTYXpzc0xuN0dWN3Byd010RWoxZjFqWmZtanF6T1FteU1mak1TX0NKdlBIc0d0eFU3eUo4NlM0VlhDNzNxMUJBaE9BNnVMNlJmUlhqWXU0VjFNVEJhdndkSVN6eE13R19nOGlESU9nNGtR?oc=5) · Miami Herald
- 2019-05-22 [In an Odd Move, Trump Shifts His Banking Business to a Small Firm in Florida - Mother Jones](https://news.google.com/rss/articles/CBMivgFBVV95cUxQTDdYei1Ibm9mZmtub3pKb2JjU0ZER0JXQURPeThlM2xobXBHOUNkWXlDNDJpdmNRaEduR1JyVlR2NmRITEI5RHJ6d2ozUkRaOGJFRVdPazU1UGMzc195TmtUZXRhWENjU2YxTlFuTi1xQ09JckJCdVlFc0hMczJHNm1RbUtsSzUyZ3d3OXBJSHh6TXBqcDdKS29qYmdtREVnVTlpZ0Niam9BNkJ3SER5akVTWGNGQlRCNzl0S0hn?oc=5) · Mother Jones
- 2023-06-06 [Former Professional Bank Co-Founder & CEO Dan Sheehan To Lead Vista Bank's Expansion Into Florida - citybiz](https://news.google.com/rss/articles/CBMizgFBVV95cUxQckE2Mml2NjFreTQ1TmRrZjVYQy1FZmtWTm9INlc2RmRDYlA4NWlsVnhxZktBSHhEZGNyR0xFR3hEQTNzbzFwNE9MVnRkVUlXc01rS3I5RnFCVW9uS1hSM0FleVM4bUlEdko1MmNHOVhoZzAzcnNkRkR5YjJVRUpHdDMxQURJTzlOcWNQUUpramg3cUdwVGF2dHhxNTg4Ym1uT2VDMXV1LUVQWW9jZ0I2WnZ4OElENmZlY3ExZkxQTDMyT2pvTFUwS20yVWNBdw?oc=5) · citybiz

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=58862 (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/46.json (key "58862", 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