$109M
total assets, March 31, 1986
Sunshine State Bank was a state nonmember bank in South Miami, FL. It failed on May 23, 1986, and its insured deposits were paid out. At its last report it held $109.4 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1986
This bank failed
- Failed on
- May 23, 1986
- Assets
- $109M
- Deposits
- $103M
- Estimated cost
- $58.5M
- Deposits went to
- payout
Total assets
$109M
+4.5% in a year · +0.9% in a quarter
Deposits
$103M
+2.5% in a year · +0.9% in a quarter
Loans
$65.1M
-2.9% in a year · -1.0% in a quarter
Profit so far
$85K
Jan 1 to Mar 31, 1986
Capital ratio
3.85%
+2.37 pts in a year
Return on assets
0.31%
+0.96 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 5975 Sunset Drive, South Miami, FL, 33143
- County
- Miami-Dade
- Established
- Nov 15, 1972
- Failed
- May 23, 1986
- Employees
- 39
- Id
- b20857
Quarter by quarter
March 31, 1984 to March 31, 1986
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 9
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Sunshine State Bank?
$109.4 million in total assets and $103.1 million in deposits as of March 31, 1986, with assets up 4.5% from a year before. Its loans were $65.1 million.
Is Sunshine State Bank profitable?
Yes: it earned $85,000 from January 1 to March 31, 1986. Its return on assets was 0.31% a year; about 1% is typical.
When did Sunshine State Bank fail?
May 23, 1986. The estimated cost of the failure was $58.5 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.