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Offers Flexible Terms from 8 to 30 Years
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Overview 2021
General Bank Information
FDIC Insured
Yes
FDIC Certificate
# 22953
Date Established
1979
Assets
$ 7.52 billion
Loans
$ 5.50 billion
Deposits
$ 5.72 billion
Capital
$ 868.73 million
Summary Balance Sheet
ASSETS
Cash & Balances due from depository institutions
$ 170.41 million
Interest-bearing balances
$ 126.31 million
Total securities
$ 1,308.86 million
Federal funds sold and reverse repurchase
N.A.
Net loans and leases
$ 5.50 billion
Loan loss allowance
$ 104.19 million
Trading account assets
$ 0.20 million
Bank premises and fixed assets
N.A.
Other real estate owned
$ 0.40 million
Goodwill and other intangibles
$ 21.38 million
All other assets
$ 354.30 million
Total Assets
$ 6.65 billion
LIABILITIES
Total deposits
$ 5.72 billion
Interest-bearing deposits
$ 4.65 billion
Deposits held in domestic offices
$ 5.71 billion
% insured (estimated)
66.61%
Federal funds purchased and repurchase agreements
N.A.
Trading liabilities
N.A.
Other borrowed funds
$ 808.62 million
Subordinated debt
N.A.
All other liabilities
$ 124.04 millionn
Total Liabilities
$ 6.65 billion
Shareholders’ Equity
$ 868.73 million
Summary Income Statement
INCOME AND EXPENSES
Total Interest Income
$ 121.50 million
Total Interest Expense
$ 20.93 million
Net interest income
$ 100.57 million
Provision for loan and lease losses
N.A.
Total non interest income
$ 28.01 million
Total non interest expense
$ 93.81 million
Pre-tax Net Operating Income
$ 39.77 million
Amerant Bank, Formerly Mercantil Bank is an FDIC insured institution headquartered at
220 Alhambra Cir, Coral Gables, FL 33134.
It was founded in
1979 and has approximately $8 billion in
assets. Customers can open an account at one of its 27 branches.
Customer Reviews for Amerant Bank, Formerly Mercantil Bank
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