Bbx capital corp (BBX)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Cash and cash equivalents

397,518

356,604

368,818

332,871

296,317

366,305

369,512

380,447

349,945

362,526

264,380

254,068

262,392

299,861

280,637

270,933

226,209

198,905

176,803

191,817

-

279,437

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and interest bearing deposits in banks ($2,738 in 2015 and $4,993 in 2014 held by variable interest entities ("VIEs"))

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

253,158

-

218,913

191,429

217,636

182,245

150,390

-

232,521

-

-

-

-

-

-

-

Cash and interest bearing deposits in banks ($5,635 in 2013 and $6,6125 in 2012 held by variable interest entity ("VIE")

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294,894

-

162,077

1,261,284

1,120,701

858,789

173,694

185,489

178,868

Interest bearing deposits in other banks

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

574,398

318,437

455,538

Restricted cash ($17,456 in 2020 and $22,534 in 2019 in variable interest entities ("VIEs"))

34,719

50,266

48,597

48,373

45,357

54,792

55,710

54,471

48,386

46,721

61,479

69,976

50,495

46,456

58,030

58,388

71,732

59,365

65,133

66,206

73,029

54,620

65,978

68,811

65,285

84,698

65,529

58,425

54,335

60,084

59,414

67,226

62,727

64,896

61,351

62,249

Notes receivable

585,159

589,198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Allowance for loan losses

155,166

140,630

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,354

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

210

25,591

20,747

62,803

98,237

333,181

465,020

Investment securities, at cost which approximates fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

181

333

2,033

Tax certificates, net of allowance of $435 in 2013 and $3,559 in 2012 (held by VIE)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

892

2,241

-

4,232

5,293

6,120

46,488

56,268

66,211

89,789

Federal Home Loan Bank ("FHLB") stock, at cost which approximates fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,308

25,223

31,614

43,557

Loans held-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,186

-

22,126

23,480

32,072

35,423

46,641

50,716

53,846

16,150

18,997

22,324

24,748

33,601

47,029

62,791

55,601

47,596

49,425

29,765

Loans receivable, net

-

-

-

-

-

-

-

-

-

-

21,042

22,874

24,023

25,521

28,616

34,218

33,281

34,035

27,700

31,275

26,582

26,844

39,530

59,573

72,226

175,989

227,124

254,812

292,562

308,034

355,794

385,817

2,442,236

2,537,922

2,659,237

3,009,721

Notes receivable, net ($288,435 in 2020 and $292,590 in 2019 in VIEs)

429,993

448,568

445,706

440,854

435,629

439,167

439,484

429,647

424,117

426,858

429,356

423,677

425,002

430,480

424,533

417,820

410,401

415,598

416,292

406,685

410,904

424,267

436,330

442,906

455,569

471,859

469,981

480,535

487,110

494,482

496,875

505,605

517,836

534,400

543,174

574,969

Trade inventory

22,531

22,843

25,126

23,323

20,723

20,110

21,706

21,280

24,677

23,902

-

-

-

14,726

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Vacation ownership interest ("VOI") inventory

347,293

346,937

346,821

342,220

-

334,149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Construction funds receivable

-

-

-

-

-

-

-

-

-

-

12,485

14,947

19,077

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

320,453

313,106

279,542

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate ($11,348 in 2020 and $11,297 in 2019 held for sale)

63,098

65,818

59,574

53,564

342,386

54,956

325,532

327,897

290,964

281,291

-

-

-

238,534

228,445

216,553

220,694

220,211

234,215

233,993

219,185

195,388

215,435

-

213,997

-

-

-

-

-

-

-

-

-

-

-

Real estate ($19,766 in 2019 and $20,202 in 2018 held for sale)

-

-

-

-

53,616

-

52,579

56,900

59,479

68,536

-

-

-

61,003

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate held-for-sale, net

-

-

-

-

-

-

-

-

-

-

30,029

25,685

30,288

-

35,729

32,854

46,165

46,338

72,639

38,626

39,763

41,733

38,021

33,444

33,971

-

-

-

45,637

-

-

-

-

-

-

-

Accrued interest receivable ($1,771 held by VIE in 2012)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,771

1,862

3,845

-

15,711

17,973

22,010

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

218,601

-

199,035

194,475

192,890

195,860

199,560

210,517

207,579

213,325

235,401

243,050

265,319

Real estate held-for-investment

-

-

-

-

-

-

-

-

-

-

13,399

13,345

12,037

-

21,720

30,046

32,838

31,290

53,500

83,974

83,335

76,552

93,032

108,430

107,336

-

-

-

37,413

-

-

-

-

-

-

-

Investments in unconsolidated real estate joint ventures

59,373

57,330

53,739

65,254

67,382

64,738

42,550

41,801

48,841

51,234

43,286

44,326

43,421

43,491

43,318

42,752

42,922

42,962

17,237

16,524

15,807

16,065

-

-

1,354

-

-

-

-

-

-

-

-

-

-

-

Real estate owned ($40,793 in 2013 and $21,997 in 2012 held by VIE)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88,125

73,936

76,780

-

92,263

86,195

84,805

87,174

92,751

79,704

74,488

Investments in unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,663

3,713

3,724

-

2,461

12,690

12,503

12,343

13,858

13,344

12,455

Property and equipment, net

129,536

129,686

131,422

134,107

143,391

139,628

133,267

125,325

114,865

111,929

111,502

117,497

96,149

95,998

96,338

96,670

89,994

90,020

88,964

88,148

89,521

89,051

85,644

81,305

78,108

75,631

73,331

60,083

59,261

59,280

60,078

61,696

191,568

202,017

206,160

206,189

Goodwill and intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

74,995

-

-

-

77,528

-

78,021

95,719

77,809

79,730

68,404

-

66,828

-

-

-

-

-

-

-

-

-

-

-

Goodwill

14,864

37,248

37,248

37,248

37,248

37,248

39,482

39,482

39,482

39,482

41,016

39,714

-

6,731

7,601

7,601

-

7,601

-

-

-

-

-

-

-

-

-

-

-

-

0

-

12,241

12,241

12,241

12,241

Intangible assets, net

68,026

68,186

68,342

68,953

69,182

69,710

71,609

71,761

71,887

70,449

72,145

72,492

-

68,455

69,629

69,306

-

70,188

-

-

-

-

-

68,439

-

64,199

64,256

64,313

64,370

64,427

64,484

64,543

72,804

74,500

75,620

78,918

Operating lease assets

103,108

109,351

110,435

122,724

113,536

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,612

2,120,873

2,252,130

35,035

1,768

1,768

37,334

Assets held for sale from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,250

31,750

90,654

Prepaid Federal Deposit Insurance Corporation ("FDIC") deposit insurance assessment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

12,715

14,633

16,733

22,008

Other assets

106,437

98,134

121,610

132,270

135,909

124,217

126,336

115,437

109,626

122,753

104,670

102,481

97,482

104,812

110,533

107,701

109,248

103,093

96,749

78,056

97,440

92,186

106,747

96,479

75,209

66,208

71,543

64,242

53,371

62,728

58,961

57,191

76,162

80,894

79,369

79,941

Total assets

1,776,496

1,790,971

1,817,438

1,801,761

1,760,676

1,705,020

1,677,767

1,664,448

1,582,269

1,605,681

1,525,242

1,514,188

1,414,903

1,436,068

1,405,129

1,384,842

1,380,198

1,340,960

1,349,379

1,354,503

1,418,605

1,411,296

1,414,675

1,420,133

1,441,365

1,427,802

1,414,167

1,575,263

1,547,188

1,548,822

4,866,940

4,913,299

4,778,155

4,886,839

5,026,164

5,813,066

LIABILITIES AND EQUITY
Liabilities:
Accounts payable

27,821

25,957

29,206

27,359

24,808

29,537

26,677

27,694

29,147

31,370

27,882

30,022

28,955

28,855

29,034

28,015

27,037

25,976

-

-

-

20,421

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

15,343

18,074

20,323

17,668

17,051

16,522

15,509

14,442

-

16,893

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

-

-

-

-

-

-

-

-

15,151

-

40,498

38,807

36,627

37,015

36,946

35,095

30,097

28,847

-

-

-

25,057

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Escrow deposits

12,900

22,711

25,149

25,531

20,395

22,255

31,957

27,924

22,093

21,079

28,488

27,270

24,407

20,152

29,948

28,567

24,925

24,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

91,988

120,362

128,318

115,711

91,159

104,441

112,133

87,701

89,678

103,464

108,121

87,393

80,301

95,611

99,276

92,236

80,407

81,623

188,020

219,059

172,721

131,015

166,324

161,626

167,035

156,592

154,648

144,395

151,668

152,695

140,352

138,295

171,657

176,932

177,807

186,634

BB&T preferred interest in FAR, LLC ($12,348 in 2014 held by VIEs)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,132

12,348

26,986

54,504

68,517

110,646

154,478

164,070

196,877

-

-

-

-

-

-

-

BB&T preferred interest in FAR, LLC ($196,877 held by VIE in 2012)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-208,986

-

-

-

-

-

-

Interest bearing deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

2,464,465

2,540,102

2,758,032

Non-interest bearing deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

857,314

883,474

792,012

Deposits held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,448,884

3,455,297

-

0

0

341,146

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,448,884

3,455,297

3,279,852

3,321,779

3,423,576

3,891,190

Advances from FHLB

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

170,000

Securities sold under agreements to repurchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

21,524

Other short term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

960

1,020

1,240

Receivable-backed notes payable - recourse

80,473

88,569

94,904

86,820

74,744

76,674

97,770

101,582

86,310

84,697

72,028

63,755

84,312

87,631

67,079

61,645

57,108

89,888

71,223

65,722

61,780

92,129

85,982

74,616

74,802

56,049

72,607

81,212

89,356

438,040

437,895

458,082

478,098

495,518

515,373

569,214

Receivable-backed notes payable - non-recourse (in VIEs)

339,224

334,246

341,856

351,316

363,183

382,257

335,680

325,512

327,024

336,421

347,308

364,679

308,718

327,358

341,291

352,451

371,371

314,024

332,047

340,492

360,824

320,275

329,569

354,866

368,759

385,752

340,454

349,269

356,015

-

-

-

-

-

-

-

Notes payable and other borrowings

265,689

188,731

161,420

178,516

169,041

200,887

197,177

219,615

125,324

144,114

137,783

153,366

127,944

133,790

95,422

112,753

117,953

120,994

115,527

-

-

107,984

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes and mortgage notes payable and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

104,334

98,154

-

101,621

97,981

102,974

98,703

98,904

101,470

31,630

20,159

32,284

70,465

108,533

164,141

181,441

228,184

Junior subordinated debentures

137,476

137,254

137,038

136,829

136,623

136,425

136,231

135,974

135,725

135,414

135,112

134,750

134,398

152,367

151,976

151,532

150,982

150,485

151,747

151,236

150,675

150,038

148,724

148,072

147,431

146,795

146,118

145,464

144,831

144,223

485,992

481,617

477,316

473,396

469,419

461,568

Operating lease liabilities

121,300

123,430

124,129

137,643

124,472

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

81,492

87,558

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

90,695

80,271

86,576

86,363

68,453

72,827

54,598

47,968

71,560

64,364

54,053

44,318

32,038

13,341

13,702

8,594

15,329

11,084

101,216

92,609

97,347

85,844

77,089

81,615

70,204

-

57,171

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64,717

-

50,747

41,839

32,352

25,829

22,424

16,342

28,663

Deferred gain on settlement of investment in subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

29,875

29,875

29,875

29,875

11,305

Liabilities related to assets held for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,199

58,539

11,156

-

-

11,387

Redeemable 5% cumulative preferred stock of $.01 par value; authorized 15,000 shares; issued and outstanding 0 shares in 2019 and 10,000 shares in 2018 with a stated value of $1,000 per share

-

-

9,730

9,642

9,556

9,472

9,390

9,310

9,232

13,974

13,856

13,740

13,627

13,517

13,409

13,303

13,199

13,098

12,999

12,902

12,807

12,714

12,535

12,448

12,362

12,230

12,101

11,974

11,851

11,732

12,177

-

-

-

-

-

Total liabilities

1,173,706

1,146,892

1,162,768

1,167,306

1,117,608

1,064,833

1,030,977

1,022,581

894,282

935,394

982,636

978,146

893,342

940,614

896,419

888,938

886,781

858,054

886,892

904,829

964,309

964,590

969,088

989,957

1,018,969

1,048,382

1,049,514

1,062,571

1,039,399

1,026,582

4,657,622

4,724,522

4,582,316

4,685,025

4,814,853

5,580,909

Commitments and contingencies (See Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

Redeemable noncontrolling interest

1,863

4,009

2,229

2,102

2,077

2,579

2,844

2,590

2,589

2,765

2,739

2,549

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable 5% Cumulative Preferred Stock of $.01 par value; authorized 15,000 shares; issued and outstanding 15,000 shares with a stated value of $1,000 per share

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

-

0

-

11,029

-

-

-

Redeemable 5% Cumulative Preferred Stock of $.01 par value; authorized 15,000 shares; issued and outstanding 15,000 shares with a stated value of $1,000 per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity:
Preferred stock of $.01 par value; authorized 10,000,000 shares

-

-

-

-

-

-

0

0

0

-

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redeemable 5% Cumulative Preferred Stock - $.01 par value; authorized 15,000 shares issued and outstanding 15,000 shares with redemption value of $1,000 per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,029

-

11,029

11,029

11,029

Additional paid-in capital

154,339

152,775

162,183

166,015

164,733

161,684

175,896

176,050

232,831

228,331

193,296

193,936

196,729

193,347

144,033

146,194

146,203

143,231

140,240

143,248

143,761

142,058

143,251

143,093

142,585

141,751

144,854

232,468

231,287

230,952

230,330

233,213

232,705

230,571

229,978

230,748

Accumulated earnings

365,690

394,551

392,167

370,983

383,855

385,789

374,405

369,214

363,724

354,432

297,922

290,487

279,271

259,110

254,752

237,419

237,616

232,134

212,199

195,841

111,546

109,660

108,206

98,946

95,810

72,090

62,487

64,189

66,747

80,028

-78,102

-103,781

-99,080

-100,769

-98,777

-88,853

Accumulated other comprehensive income

967

1,554

1,420

1,479

1,344

1,215

1,507

1,452

1,428

1,708

1,530

1,096

935

1,167

985

510

511

616

470

389

420

353

284

269

240

211

207

192

161

146

-3,926

-8,738

-12,863

-11,889

-5,064

223

Total shareholders' equity

521,911

549,795

556,684

539,405

550,864

549,620

552,740

547,648

598,980

585,468

493,719

486,491

477,915

454,604

400,623

384,958

385,175

376,826

353,754

340,312

256,561

252,906

252,532

243,094

239,421

214,837

208,325

297,626

298,967

311,898

149,074

121,466

121,534

118,667

126,891

142,872

Noncontrolling interests

79,016

90,275

95,757

92,948

90,127

87,988

91,206

91,629

86,418

82,054

46,148

47,002

43,646

40,850

108,087

110,946

108,242

106,080

108,733

109,362

197,735

193,800

193,055

187,082

182,975

164,583

156,328

215,066

208,822

210,342

60,244

56,282

63,276

72,118

73,391

78,256

Total equity

600,927

640,070

652,441

632,353

640,991

637,608

643,946

639,277

685,398

667,522

539,867

533,493

521,561

495,454

508,710

495,904

493,417

482,906

462,487

449,674

454,296

446,706

445,587

430,176

422,396

379,420

364,653

512,692

507,789

522,240

209,318

177,748

184,810

190,785

200,282

221,128

Total liabilities and equity

1,776,496

1,790,971

1,817,438

1,801,761

1,760,676

1,705,020

1,677,767

1,664,448

1,582,269

1,605,681

1,525,242

1,514,188

1,414,903

1,436,068

1,405,129

1,384,842

1,380,198

1,340,960

1,349,379

1,354,503

1,418,605

1,411,296

1,414,675

1,420,133

1,441,365

1,427,802

1,414,167

1,575,263

1,547,188

1,548,822

4,866,940

4,913,299

4,778,155

4,886,839

5,026,164

5,813,066

Class A Common Stock [Member]
Common stock

757

755

766

780

784

784

-

-

-

857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Class B Common Stock [Member]
Common stock

158

160

148

148

148

148

-

-

-

140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-