Brickell Bank

1395 Brickell Avenue
Miami, FL 33131

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 21220
Date Established 1973
Assets $0.44 billion
Loans $0.34 billion
Deposits $0.37 billion
Capital $0.02 billion

Brickell Bank is an FDIC insured institution located in Miami, FL. It was founded in 1973 and has approximately $0.44 billion in assets.

For a more detailed analysis of Brickell Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 18, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1 - Learn MoreShow Less
Premium Money Market Account
0.10% $1 $99,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
1.25% $50,000 - Learn MoreShow Less
6 Mo CD
1.50% $50,000 - Learn MoreShow Less
12 Mo CD
1.75% $50,000 - Learn MoreShow Less
24 Mo CD
2.00% $50,000 - Learn MoreShow Less

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $1 - Learn MoreShow Less

Loan Rates - August 18, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Brickell Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.414% 3.375% 0.50 $1,238 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to Brickell Bank
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Branches

Brickell Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Brickell Bank Locations


Financial Details

Brickell Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Brickell Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Brickell Bank U.S. Bank Average
22.44% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2019, Brickell Bank had $5,998,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $23,092,000 in equity and $3,640,000 in loans loss reserves. That gives it a Texas Ratio of 22.44%.

Return on Equity
Brickell Bank U.S. Bank Average
-13.56% 9.47%

Brickell Bank has a Return on Equity of -13.56% versus the BestCashCow average of 9.47%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Brickell Bank U.S. Bank Average
5.25% 12.49%

Brickell Bank has a Capitalization of 5.25% versus the BestCashCow average of 12.49. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Brickell Bank Balance Sheet Analysis

As of March 31, 2019, Brickell Bank had assets of $439,847,000, loans of $336,274,000, and deposits of $371,319,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2019
ASSETS
Cash & Balances due from depository institutions $0.03 billion
Interest-bearing balances $0.03 billion
Total securities $0.06 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.34 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.01 billion
     Total Assets $0.42 billion
LIABILITIES
Total deposits $0.37 billion
      Interest-bearing deposits $0.30 billion
      Deposits held in domestic offices $0.37 billion
      % insured (estimated) 72.90%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.04 billion
Subordinated debt $0.00 billion
All other liabilities $0.01 billion
      Total Liabilities $0.42 billion
      Shareholders’ Equity $0.02 billion

Summary Income Statement

March 31, 2019
INCOME AND EXPENSES
Total Interest Income $0.01 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $-0.00 billion

Bank Loan Profile?

The top three loan types in Brickell Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Commercial Real Estate.

Compared to other banks in Florida, Brickell Bank has a significantly higher percent of 1-4 Family Residential Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 71.94
Multifamily
Mortgages
0.12
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.98
Construction and Development Loans 0.00
Commercial Real Estate 6.33
Commercial and Industrial Loans 22.12
Farm Loans 0.00

Frequently Asked Questions About Brickell Bank

Branches and Savings

Is Brickell Bank FDIC insured?

Yes. It is covered under FDIC Certificate #21220.

Why does Brickell Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Brickell Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Brickell Bank a commercial bank?

Yes

Where are Brickell Bank locations?

See branch locations nearby.

Is Brickell Bank open on Saturdays?

Is Brickell Bank open on Sundays?

What time does Brickell Bank open?

What time does Brickell Bank close?

Are Brickell Bank ATMs Open 24/7?

Do Brickell Bank ATMs accept cash deposits?

Can Brickell Bank customers use other ATMs?

Do Brickell Bank branches have notaries?

Will Brickell Bank notarize my document?

What address for Brickell Bank should I put for incoming ACH transfers?

Will the Brickell Bank branch print checks?

Do Brickell Bank checks expire?

Does Brickell Bank require US citizenship to open account?

Can Brickell Bank close my account?

Does Brickell Bank Report to credit bureaus?

Does Brickell Bank Use Equifax?

What is Brickell Bank's ACH Routing Number?

What is Brickell Bank's SWIFT code?

Products

Does Brickell Bank offer mortgages?

Compare mortgage rates here.

Does Brickell Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Brickell Bank offer personal loans?

Compare personal loan rates here.

Does Brickell Bank offer student loans?

Will Brickell Bank cash a check?

Will Brickell Bank redeem a savings bond?

Does Brickell Bank cash savings bonds?

Will Brickell Bank cash money orders?

Can Brickell Bank issue a money order?

Does Brickell Bank do currency exchange?

Background on The Bank

Who owns Brickell Bank?

How long has Brickell Bank been around?

Can Brickell Bank transfer to other banks?

Does Brickell Bank have quick pay?

Does Brickell Bank accept rolled coins?

Will Brickell Bank accept loose change?

Where is Brickell Bank headquarters?

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