Southeast Bank, National Association
Miami, FL · Owner: Southeast Banking Corp
$11.0B
total assets, June 30, 1991
$11.0B
total assets, June 30, 1991
Southeast Bank, National Association was a national bank in Miami, FL, owned by Southeast Banking Corp. It failed on Sep 19, 1991, and First Union National Bank O took over its deposits. At its last report it held $11.0 billion in assets.
Updated Oct 11, 2026 · numbers as of June 30, 1991
This bank failed
- Failed on
- Sep 19, 1991
- Assets
- $11.0B
- Deposits
- $8.9B
- Estimated cost
- $0
- Deposits went to
- First Union National Bank O, Jacksonville, FL
Total assets
$11.0B
-28.7% in a year · -11.0% in a quarter
Deposits
$8.9B
-28.6% in a year · -13.9% in a quarter
Loans
$8.1B
-20.0% in a year · -7.2% in a quarter
Profit so far
-$251M
Jan 1 to Jun 30, 1991
Capital ratio
2.21%
-1.54 pts in a year
Return on assets
-4.13%
-3.49 pts in a year
Facts
- Type
- National bank
- Head office
- One Southeast Financial Center, Miami, FL, 33131
- County
- Miami-Dade
- Holding company
- Southeast Banking Corp
- Established
- Jan 1, 1934
- Failed
- Sep 19, 1991
- Employees
- 6,892
- Id
- b3575
Quarter by quarter
March 31, 1984 to June 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 Southeast Bank, National Association?
$11.0 billion in total assets and $8.9 billion in deposits as of June 30, 1991, with assets down 28.7% from a year before. Its loans were $8.1 billion.
Is Southeast Bank, National Association profitable?
No: it lost $251.2 million from January 1 to June 30, 1991. Its return on assets was -4.13% a year; about 1% is typical.
Who owns Southeast Bank, National Association?
Southeast Bank, National Association is owned by Southeast Banking Corp, its holding company.
When did Southeast Bank, National Association fail?
Sep 19, 1991. First Union National Bank O of Jacksonville, FL took over its deposits.
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.