$69.0M
total assets, March 31, 1999
Oceanmark Bank, A FSB was a savings bank in North Miami Beach, FL. It failed on Jul 9, 1999, and Third FS&LA Of Florida took over its deposits. At its last report it held $69.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1999
This bank failed
- Failed on
- Jul 9, 1999
- Assets
- $69.0M
- Deposits
- $61.3M
- Estimated cost
- $1.2M
- Deposits went to
- Third FS&LA Of Florida, North Miami Beac, FL
Total assets
$69.0M
+18.6% in a year · +7.3% in a quarter
Deposits
$61.3M
+15.1% in a year · +5.7% in a quarter
Loans
$56.1M
+25.8% in a year · +14.2% in a quarter
Profit so far
-$147K
Jan 1 to Mar 31, 1999 · -133.0% in a year
Capital ratio
4.82%
-2.20 pts in a year
Return on assets
-0.88%
-3.99 pts in a year
Facts
- Type
- Savings bank
- Head office
- 3845 N.E. 163rd St., North Miami Beach, FL, 33160
- County
- Miami-Dade
- Established
- Aug 25, 1986
- Failed
- Jul 12, 1999
- Employees
- 38
- Branches
- 1
- Id
- b32491
Quarter by quarter
December 31, 1986 to March 31, 1999
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 Oceanmark Bank, A FSB?
$69.0 million in total assets and $61.3 million in deposits as of March 31, 1999, with assets up 18.6% from a year before. Its loans were $56.1 million.
How many branches does Oceanmark Bank, A FSB have?
1 branch in Florida as of June 30, 2026.
Is Oceanmark Bank, A FSB profitable?
No: it lost $147,000 from January 1 to March 31, 1999. Its return on assets was -0.88% a year; about 1% is typical.
When did Oceanmark Bank, A FSB fail?
Jul 9, 1999. Third FS&LA Of Florida of North Miami Beac, FL took over its deposits. The estimated cost of the failure was $1.19 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.