Haven Trust Bank Florida

Headquarters

212 Ponte Vedra Park Drive
Ponte Vedra Beach, FL 32082
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Haven Trust Bank Florida is an FDIC insured institution located in Ponte Vedra Beach, FL. It was founded in 2006 and has approximately $0.15 billion in assets.

Haven Trust Bank Florida, Ponte Vedra Beach, Florida, was closed September 24, 2010 by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with First Southern Bank, Boca Raton, Florida, to assume all of the deposits of Haven Trust Bank Florida.

FDIC Insured Yes
FDIC Certificate # 58308
Date Established 2006
Assets $ 164.43 million
Loans $ 121.33 million
Deposits $ 146.43 million
Capital $ 6.47 million
 

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

Deposit Rates - September 26, 2020

Your Current Location: Virginia, VA 20146


Loan Rates - September 26, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Haven Trust Bank Florida

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 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.815% 2.750% 0.88 $2,102 $1,021 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to Haven Trust Bank Florida
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Branches

Haven Trust Bank Florida 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


Haven Trust Bank Florida Locations


Financial Details

Haven Trust Bank Florida Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Haven Trust Bank Florida. 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
Haven Trust Bank Florida U.S. Bank Average
156.05% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its 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, 2020, Haven Trust Bank Florida had $20,996,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,470,000 in equity and $6,985,000 in loans loss reserves. That gives it a Texas Ratio of 156.05%.

Return on Equity
Haven Trust Bank Florida U.S. Bank Average
-100.2% 7.80%

Haven Trust Bank Florida has a Return on Equity of -100.2% versus the BestCashCow average of 7.80%. 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
Haven Trust Bank Florida U.S. Bank Average
3.93% 12.68%

Haven Trust Bank Florida has a Capitalization of 3.93% versus the BestCashCow average of 12.68. 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.

Haven Trust Bank Florida Balance Sheet Analysis

As of November 30, -0001, Haven Trust Bank Florida had assets of $148,575,000, loans of $121,328,000, and deposits of $146,434,000. 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, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 121.33 million
Loan loss allowance $ 6.99 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 146.43 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 164.43 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in Haven Trust Bank Florida’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Credit Card Loans.

Compared to other banks, Haven Trust Bank Florida’s loan portfolio does not show any specific loan specialty.

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 0.00
Multifamily
Mortgages
0.00
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 0.00
Commercial Real Estate 0.00
Commercial and Industrial Loans 0.00
Farm Loans 0.00

Frequently Asked Questions About Haven Trust Bank Florida

Branches and Savings

Is Haven Trust Bank Florida FDIC insured?

Yes. It is covered under FDIC Certificate #58308.

Why does Haven Trust Bank Florida pay such low interest on savings accounts?

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

Why are Haven Trust Bank Florida CD rates not competitive?

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

Is Haven Trust Bank Florida a commercial bank?

Yes

Where are Haven Trust Bank Florida locations?

See branch locations nearby.

Is Haven Trust Bank Florida open on Saturdays?

Is Haven Trust Bank Florida open on Sundays?

What time does Haven Trust Bank Florida open?

What time does Haven Trust Bank Florida close?

Are Haven Trust Bank Florida ATMs Open 24/7?

Do Haven Trust Bank Florida ATMs accept cash deposits?

Can Haven Trust Bank Florida customers use other ATMs?

Do Haven Trust Bank Florida branches have notaries?

Will Haven Trust Bank Florida notarize my document?

What address for Haven Trust Bank Florida should I put for incoming ACH transfers?

Will the Haven Trust Bank Florida branch print checks?

Do Haven Trust Bank Florida checks expire?

Does Haven Trust Bank Florida require US citizenship to open account?

Can Haven Trust Bank Florida close my account?

Does Haven Trust Bank Florida Report to credit bureaus?

Does Haven Trust Bank Florida Use Equifax?

What is Haven Trust Bank Florida's ACH Routing Number?

What is Haven Trust Bank Florida's SWIFT code?

Products

Does Haven Trust Bank Florida offer mortgages?

Compare mortgage rates here.

Does Haven Trust Bank Florida offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Haven Trust Bank Florida offer personal loans?

Compare personal loan rates here.

Does Haven Trust Bank Florida offer student loans?

Will Haven Trust Bank Florida cash a check?

Will Haven Trust Bank Florida redeem a savings bond?

Does Haven Trust Bank Florida cash savings bonds?

Will Haven Trust Bank Florida cash money orders?

Can Haven Trust Bank Florida issue a money order?

Does Haven Trust Bank Florida do currency exchange?

Background on The Bank

Who owns Haven Trust Bank Florida?

How long has Haven Trust Bank Florida been around?

Can Haven Trust Bank Florida transfer to other banks?

Does Haven Trust Bank Florida have quick pay?

Does Haven Trust Bank Florida accept rolled coins?

Will Haven Trust Bank Florida accept loose change?

Where is Haven Trust Bank Florida headquarters?

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