Creditbank
Cutler Ridge, FL · Owner: Creditbank Shares Inc
$76.4M
total assets, September 30, 1989
$76.4M
total assets, September 30, 1989
Creditbank was a state nonmember bank in Cutler Ridge, FL, owned by Creditbank Shares Inc. It failed on Jan 26, 1990, and Capital Bank took over its deposits. At its last report it held $76.4 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1989
This bank failed
- Failed on
- Jan 26, 1990
- Assets
- $76.4M
- Deposits
- $74.1M
- Estimated cost
- $15.7M
- Deposits went to
- Capital Bank, Miami, FL
Total assets
$76.4M
-14.7% in a year · -13.1% in a quarter
Deposits
$74.1M
-6.7% in a year · -10.3% in a quarter
Loans
$38.3M
-23.1% in a year · -17.4% in a quarter
Profit so far
-$3.1M
Jan 1 to Sep 30, 1989
Capital ratio
1.33%
-5.36 pts in a year
Return on assets
-4.62%
-4.12 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 20901 Southwest 112th Avenue, Cutler Ridge, FL, 33157
- County
- Miami-Dade
- Holding company
- Creditbank Shares Inc
- Established
- Oct 29, 1964
- Failed
- Jan 26, 1990
- Employees
- 49
- Id
- b19273
Quarter by quarter
March 31, 1984 to September 30, 1989
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Creditbank?
$76.4 million in total assets and $74.1 million in deposits as of September 30, 1989, with assets down 14.7% from a year before. Its loans were $38.3 million.
Is Creditbank profitable?
No: it lost $3.11 million from January 1 to September 30, 1989. Its return on assets was -4.62% a year; about 1% is typical.
Who owns Creditbank?
Creditbank is owned by Creditbank Shares Inc, its holding company.
When did Creditbank fail?
Jan 26, 1990. Capital Bank of Miami, FL took over its deposits. The estimated cost of the failure was $15.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.