FDIC Certificate #: 28393 Status: Inactive Federal Reserve ID: 281975 Date Established: January 01, 1922 Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS) OTS Docket #: 1497 FDIC's unique #: 41227 Numeric code: 37 Regulator: OTS Insurance Fund Membership: Savings Association Insurance Fund (SAIF) FDIC Insured: Yes SAIF Insured: Yes Insured Savings Institution: Yes State Chartered: No Date of Deposit Insurance: May 31, 1938 Last Structure Change Effective Date: September 29, 2003 Last Structure Change Process Date: October 06, 2003 Last Data Update: October 06, 2003 Data Source Date: April 05, 2012
Location
Address: 2301 Lucien Way, Maitland, FL 32751 County: Orange Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: New York FDIC Field Office: Tampa Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Orlando, FL (#5960) Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422) Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740) CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
History of Changes
Other Liquidations and Closings
Change in Insurance Status
Financial Summary
Total assets: $145.9 mil
1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2002)
Dollar figures in thousands
110Total employees (full-time equivalent)
$299,515Total assets
$41,372Cash and due from depository institutions
$1,198Interest-bearing balances
$361Securities
$88,098Federal funds sold & reverse repurchase agreements
$69,609Net loans & leases
$1,673Loan loss allowance
$0Trading account assets
$1,972Bank premises and fixed assets
$0Other real estate owned
$5,483Goodwill and other intangibles
$0Life insurance assets
$92,620All other assets
$299,515Total liabilities and capital
$200,721Total liabilities
$112,892Total deposits
$112,687Interest-bearing deposits
$112,892Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$50,000Other borrowed funds
$0Subordinated debt
$37,829All other liabilities
$98,794Total equity capital
$98,794Total bank equity capital
$98,794Perpetual preferred stock
$0Common stock
$45Surplus
$277,275Undivided profits
Memoranda
$-178,526Noncurrent loans and leases
$29,417Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$393Earning assets
$0Long-term assets (5+ years)
$246Average Assets, year-to-date
$159,266Average Assets, quarterly
$0Volatile liabilities
$372,650Insider loans
$399,100FHLB advances
$65,110Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$29,417Total unused commitments
$0Restructured Loans and leases
$1,673Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$11,505Total interest income
$6,101Total interest expense
$5,404Net interest income
$2,234Provision for loan and lease losses
$17,110Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
$0Trading account gains & fees
$17,110Additional noninterest income
$202,047Total noninterest expense
$18,954Salaries and employee benefits
$27,727Premises and equipment expense
$155,366Additional noninterest expense
-$181,767Pre-tax net operating income
$1,448Securities gains (losses)
-$62,479Applicable income taxes
-$117,840Income before extraordinary items
$0Extraordinary gains - net
-$117,840Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$1,176Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.76%Yield on earning assets
2.53%Cost of funding earning assets
2.24%Net interest margin
7.09%Noninterest income to earning assets
83.68%Noninterest expense to earning assets
-31.87%Net operating income to assets
-31.62%Return on assets (ROA)
-48.39%Pretax return on assets
-148.37%Return on equity (ROE)
-148.37%Retained earnings to average equity (YTD only)
0.91%Net charge-offs to loans
189.97%Credit loss provision to net charge-offs
-152.66%Efficiency ratio
779,639Assets per employee
2.72%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
2.35%Loss allowance to noncurrent loans
425.70%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.55%Net loans and leases to deposits
61.66%Net loans and leases to core deposits
71.19%Equity capital to assets
32.98%Core capital (leverage) ratio
31.84%Tier 1 risk-based capital ratio
50.42%Total risk-based capital ratio
Memoranda
$51Average assets
$372,650Average earning assets
$79,421Average equity
$241,463Average loans
Comment about this bank, ask questions, or add new information about it:
This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Amicus FSB.
Based on public records. Inadvertent errors are possible. bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site. Use at your own risk.
Comment about this bank, ask questions, or add new information about it: