Anchor Savings Bank, F.S.B. in Saint Petersburg, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of July 10, 1998

  • Anchor Savings Bank, F.S.B. in Saint Petersburg, Florida (FL)
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Anchor Savings Bank, F.S.B. - Overview

  • General
  • FDIC Certificate #: 32113
    Status: Inactive
    Closing history: Change in Location
    Acquiring institution: Premier Community Bank of Florida (#26587)
    Federal Reserve ID: 736372
    Date Established: Febuary 27, 1982
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7867
    FDIC's unique #: 44947
    Numeric code: 33
    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: Febuary 27, 1982
    Last Structure Change Effective Date: July 10, 1998
    Last Structure Change Process Date: August 04, 1998
    Last Data Update: August 04, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: 6850 Central Avenue, Saint Petersburg, FL 33707
    County: Pinellas
    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): Tampa-St. Petersburg-Clearwater, FL (#8280)
    Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300)
    CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
  • History of Changes
  • Merger - Without Assistance
    Change in Location
  • Financial Summary
  • Total assets: $161.6 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 41Total employees (full-time equivalent)
  • $177,100Total assets
  • $12,142Cash and due from depository institutions
  • $9,055Interest-bearing balances
  • $20,072Securities
  • $14,500Federal funds sold & reverse repurchase agreements
  • $115,960Net loans & leases
  • $2,235Loan loss allowance
  • $0Trading account assets
  • $3,435Bank premises and fixed assets
  • $230Other real estate owned
  • $7,292Goodwill and other intangibles
  • $0Life insurance assets
  • $3,469All other assets
  • $177,100Total liabilities and capital
  • $156,563Total liabilities
  • $156,034Total deposits
  • $156,034Interest-bearing deposits
  • $156,034Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $529All other liabilities
  • $20,537Total equity capital
  • $20,537Total bank equity capital
  • $20,537Perpetual preferred stock
  • $0Common stock
  • $0Surplus
  • $20,749Undivided profits
  • Memoranda
  • $-212Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,787Earning assets
  • $0Long-term assets (5+ years)
  • $660Average Assets, year-to-date
  • $159,587Average Assets, quarterly
  • $0Volatile liabilities
  • $167,674Insider loans
  • $170,896FHLB advances
  • $23,505Loans and leases held for sale
  • $590Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,850Total unused commitments
  • $0Restructured Loans and leases
  • $102,236Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $12,420Total interest income
  • $7,144Total interest expense
  • $5,276Net interest income
  • $1,347Provision for loan and lease losses
  • $618Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $618Additional noninterest income
  • $3,803Total noninterest expense
  • $1,791Salaries and employee benefits
  • $757Premises and equipment expense
  • $1,255Additional noninterest expense
  • $744Pre-tax net operating income
  • $315Securities gains (losses)
  • $27Applicable income taxes
  • $1,032Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,032Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $294Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.95%Yield on earning assets
  • 4.57%Cost of funding earning assets
  • 3.38%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.43%Noninterest expense to earning assets
  • 0.43%Net operating income to assets
  • 0.62%Return on assets (ROA)
  • 0.63%Pretax return on assets
  • 7.35%Return on equity (ROE)
  • 7.35%Retained earnings to average equity (YTD only)
  • 0.25%Net charge-offs to loans
  • 458.16%Credit loss provision to net charge-offs
  • 7.11%Efficiency ratio
  • 64,455Assets per employee
  • 4.32%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.89%Loss allowance to noncurrent loans
  • 125.07%Noncurrent assets plus other real estate owned to assets
  • 1.14%Noncurrent loans to loans
  • 1.51%Net loans and leases to deposits
  • 74.32%Net loans and leases to core deposits
  • 87.50%Equity capital to assets
  • 11.60%Core capital (leverage) ratio
  • 7.80%Tier 1 risk-based capital ratio
  • 12.95%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $167,674Average earning assets
  • $14,044Average equity
  • $156,265Average loans

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