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Quotes & Info
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| BBX > SEC Filings for BBX > Form 8-K on 14-Jul-2008 | All Recent SEC Filings |
14-Jul-2008
Regulation FD Disclosure
Minimum Ratios
Actual Adequately Well
Capitalized Capitalized
(Dollar amounts in thousands) Amount Ratio Ratio Ratio
At March 31, 2008:
Total risk-based capital $ 492,705 11.83 % 8.00 % 10.00 %
Tier 1 risk-based capital 418,233 10.04 4.00 6.00
Tangible capital 418,233 6.87 1.50 1.50
Core capital 418,233 6.87 4.00 5.00
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Further, as of March 31, 2008, BankAtlantic's ratio of non-performing assets to
tangible equity plus loan loss reserves was 14.2% and BankAtlantic's ratio of
non-performing assets to total equity plus loan loss reserves was 12.5%.
On July 14, 2008, BankAtlantic's Chairman, Alan B. Levan, provided a letter to
BankAtlantic's customers attached herein as exhibit 99.1.
Except for historical information contained herein, the matters discussed herein
including the exhibit attached hereto contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended (the
"Securities Act" ), and Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), that involve substantial risks and uncertainties.
When used herein and in any documents incorporated by reference herein, the
words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar
expressions identify certain of such forward-looking statements. Actual results,
performance, or achievements could differ materially from those contemplated,
expressed, or implied by the forward-looking statements contained herein. These
forward-looking statements are based largely on the expectations of BankAtlantic
and BankAtlantic Bancorp, Inc. ("the Company") and are subject to a number of
risks and uncertainties that are subject to change based on factors which are,
in many instances, beyond their control. These include, but are not limited to,
risks and uncertainties associated with the condition of the economy and the
timing of any economic recovery, and competitive and other factors affecting the
Company and its operations. In addition to the risks and factors identified
above, reference is also made to other risks and factors detailed in reports
filed by the Company with the Securities and Exchange Commission. The Company
cautions that the foregoing factors are not exclusive.
Item 9.01 Financial Statements and Exhibits
(d) Message to BankAtlantic's Customers from BankAtlantic's Chairman, Alan B.
Levan
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: July 14, 2008
By: /s/ Valerie C. Toalson
Valerie C. Toalson
Chief Financial Officer
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