1st United Bank

Florida – Palm Beach – Boca Raton

(SM) Commercial bank, state charter & Fed member

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Details

(SM) Commercial bank, state charter & Fed member

active

35408

2000

FDIC Certificate Number: 35408
FDIC's unique number: 79513
The FDIC Field Office where an institution is physically located: South Florida

Federal Reserve ID Number: 2860440
Report Date: 2011-06-30

Bank Charter Class: SM

Number of Domestic Offices: 16
Number of Foreign Offices: 0
The date of the last data update: 2010-12-21

2000-04-20 Institution established. Original name: Advantage Bank.
2000-04-20 Changed primary regulatory agency to Federal Deposit Insurance Corporation.
2003-07-10 Changed name to 1st United Bank .
2003-11-01 Moved bank headquarters from North Palm Beach, Florida to Boca Raton, Florida.
2003-12-09 Changed primary regulatory agency from Federal Deposit Insurance Corporation to Federal Reserve Board.
2003-12-09 Changed institution class to Insured Commercial Banks, State, Members Frs.
2004-04-08 Acquired First Western Bank in Cooper City, Florida.
2008-03-01 Acquired Equitable Bank in Fort Lauderdale, Florida.
2009-12-11 Acquired Republic Federal Bank, National Association in Miami, Florida as part of a government assisted transaction.
2010-12-17 Acquired The Bank Of Miami, National Association in Coral Gables, Florida as part of a government assisted transaction.
2011-10-21 Acquired Old Harbor Bank in Clearwater, Florida as part of a government assisted transaction.

Total assets: $1,255,973,000
Total deposits: $1,070,919,000
Deposits held in domestic offices: $1,070,919,000
Equity capital: $156,430,000

Net income: $1,569,000

Return on Assets: 0.25
Return on Equity: 2.03
Last updated on: 2011-10-20

Bank Holding Company: 1st United Bancorp, Inc.

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Profile ID: LFUS-BAB-P-18526

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