Enterprise Bank of Florida
Miami Lakes, FL
$28.0M
total assets, December 31, 1988
$28.0M
total assets, December 31, 1988
Enterprise Bank of Florida was a state member bank in Miami Lakes, FL. It failed on Mar 17, 1989, and Eastern National Bank took over its deposits. At its last report it held $28.0 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1988
This bank failed
- Failed on
- Mar 17, 1989
- Assets
- $28.0M
- Deposits
- $26.3M
- Estimated cost
- $3.6M
- Deposits went to
- Eastern National Bank, Hialeah, FL
Total assets
$28.0M
-22.6% in a year · -5.7% in a quarter
Deposits
$26.3M
-20.1% in a year · -10.2% in a quarter
Loans
$18.2M
-28.0% in a year · -11.4% in a quarter
Profit so far
-$1.7M
Jan 1 to Dec 31, 1988
Capital ratio
-1.00%
-5.00 pts in a year
Return on assets
-5.27%
-0.79 pts in a year
Facts
- Type
- State member bank
- Head office
- 6175 N.W. 153rd Street, Miami Lakes, FL, 33014
- County
- Miami-Dade
- Established
- May 23, 1985
- Failed
- Mar 17, 1989
- Employees
- 22
- Id
- b26257
Quarter by quarter
June 30, 1985 to December 31, 1988
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 Enterprise Bank of Florida?
$28.0 million in total assets and $26.3 million in deposits as of December 31, 1988, with assets down 22.6% from a year before. Its loans were $18.2 million.
Is Enterprise Bank of Florida profitable?
No: it lost $1.72 million from January 1 to December 31, 1988. Its return on assets was -5.27% a year; about 1% is typical.
When did Enterprise Bank of Florida fail?
Mar 17, 1989. Eastern National Bank of Hialeah, FL took over its deposits. The estimated cost of the failure was $3.61 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.