1st National Bank & Trust in Bradenton, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 21, 2006

  • 1st National Bank & Trust in Bradenton, Florida (FL)
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1st National Bank & Trust - Overview

  • General
  • FDIC Certificate #: 26744
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Whitney National Bank (#18538)
    Federal Reserve ID: 309936
    Date Established: July 18, 1986
    WWW: http://www.firstnbt.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 9 (Interstate: No)
    OTS Docket #: 12736
    FDIC's unique #: 35859
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: July 18, 1986
    Last Structure Change Effective Date: July 21, 2006
    Last Structure Change Process Date: September 12, 2006
    Last Data Update: September 12, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 5817 Manatee Avenue West, Bradenton, FL 34209
    County: Manatee
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Tampa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Sarasota-Bradenton, FL (#7510)
    Combined Statistical Area (CSA): Sarasota-Bradenton-Punta Gorda, FL (#494)
    Core Based Statistical Area (CBSA): North Port-Bradenton-Sarasota, FL (#35840)
    CBSA Metro Statistical Area: North Port-Bradenton-Sarasota, FL (#35840)
  • Financial Summary
  • Total assets: $465.0 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2005)

  • Dollar figures in thousands
  • 87Total employees (full-time equivalent)
  • $376,987Total assets
  • $10,139Cash and due from depository institutions
  • $657Interest-bearing balances
  • $71,327Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $280,974Net loans & leases
  • $2,846Loan loss allowance
  • $0Trading account assets
  • $7,409Bank premises and fixed assets
  • $0Other real estate owned
  • $1,189Goodwill and other intangibles
  • $0Life insurance assets
  • $5,949All other assets
  • $376,987Total liabilities and capital
  • $347,511Total liabilities
  • $324,966Total deposits
  • $288,163Interest-bearing deposits
  • $324,966Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $4,221Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $16,450Other borrowed funds
  • $0Subordinated debt
  • $1,874All other liabilities
  • $29,476Total equity capital
  • $29,476Total bank equity capital
  • $29,476Perpetual preferred stock
  • $0Common stock
  • $3,757Surplus
  • $7,035Undivided profits
  • Memoranda
  • $18,684Noncurrent loans and leases
  • $38,897Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $1,421Average Assets, year-to-date
  • $352,958Average Assets, quarterly
  • $34,638Volatile liabilities
  • $346,715Insider loans
  • $367,363FHLB advances
  • $63,927Loans and leases held for sale
  • $4,282Unused loan commitments
  • $16,450Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $38,897Total unused commitments
  • $0Restructured Loans and leases
  • $2,846Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $20,213Total interest income
  • $7,167Total interest expense
  • $13,046Net interest income
  • $481Provision for loan and lease losses
  • $2,657Total noninterest income
  • $1,482Fiduciary activities
  • $337Service charges on deposit accounts
  • $0Trading account gains & fees
  • $838Additional noninterest income
  • $9,674Total noninterest expense
  • $6,037Salaries and employee benefits
  • $1,498Premises and equipment expense
  • $2,139Additional noninterest expense
  • $5,548Pre-tax net operating income
  • -$3Securities gains (losses)
  • $1,940Applicable income taxes
  • $3,605Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,605Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • -$3Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.26%Yield on earning assets
  • 2.22%Cost of funding earning assets
  • 4.04%Net interest margin
  • 0.82%Noninterest income to earning assets
  • 3.00%Noninterest expense to earning assets
  • 1.04%Net operating income to assets
  • 1.04%Return on assets (ROA)
  • 1.60%Pretax return on assets
  • 12.79%Return on equity (ROE)
  • 12.79%Retained earnings to average equity (YTD only)
  • -0.00%Net charge-offs to loans
  • -16033.33%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 61,606Assets per employee
  • 4.33%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.00%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.00%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 86.46%Net loans and leases to core deposits
  • 102.90%Equity capital to assets
  • 7.82%Core capital (leverage) ratio
  • 7.97%Tier 1 risk-based capital ratio
  • 10.44%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $346,715Average earning assets
  • $28,183Average equity
  • $322,971Average loans

Total Fiduciary and Related Assets (December 31, 2005)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $156,251Managed Assets
  • 1Number of Accounts
  • $148,125Personal trust and agency accounts
  • $76,634Employee benefit-defined contribution accounts
  • $2,718Employee benefit-defined benefit accounts
  • $2,651Other retirement accounts
  • $5,680Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $59,047Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $1,395Non-managed Assets
  • 414Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $8,126Other retirement accounts
  • $3,034Corporate trust and agency accounts
  • $1,637Other fiduciary accounts
  • $3,454Fiduciary accounts held in foreign offices

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