North Ridge Bank
Oakland Park, FL
$94.3M
total assets, September 30, 1991
$94.3M
total assets, September 30, 1991
North Ridge Bank was a state nonmember bank in Oakland Park, FL. It failed on Dec 20, 1991, and Intercontinental Bank took over its deposits. At its last report it held $94.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 1991
This bank failed
- Failed on
- Dec 20, 1991
- Assets
- $94.3M
- Deposits
- $92.7M
- Estimated cost
- $2.9M
- Deposits went to
- Intercontinental Bank, Miami, FL
Total assets
$94.3M
-22.9% in a year · -5.3% in a quarter
Deposits
$92.7M
-16.9% in a year · -5.0% in a quarter
Loans
$62.0M
-35.3% in a year · -11.9% in a quarter
Profit so far
-$1.3M
Jan 1 to Sep 30, 1991
Capital ratio
-1.80%
-7.34 pts in a year
Return on assets
-1.61%
-0.62 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5100 North Dixie Highway, Oakland Park, FL, 33307
- County
- Broward
- Established
- Jun 12, 1973
- Failed
- Dec 20, 1991
- Employees
- 80
- Id
- b21113
Quarter by quarter
March 31, 1984 to September 30, 1991
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 North Ridge Bank?
$94.3 million in total assets and $92.7 million in deposits as of September 30, 1991, with assets down 22.9% from a year before. Its loans were $62.0 million.
Is North Ridge Bank profitable?
No: it lost $1.25 million from January 1 to September 30, 1991. Its return on assets was -1.61% a year; about 1% is typical.
When did North Ridge Bank fail?
Dec 20, 1991. Intercontinental Bank of Miami, FL took over its deposits. The estimated cost of the failure was $2.93 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.