Banco Popular, National Association - Florida in Sanford, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 02, 1999

  • Banco Popular, National Association - Florida in Sanford, Florida (FL)
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Banco Popular, National Association - Florida - Overview

  • General
  • FDIC Certificate #: 26789
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Banco Popular North America (#34967)
    Federal Reserve ID: 233639
    Date Established: September 10, 1986
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 35938
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: September 10, 1986
    Last Structure Change Effective Date: January 02, 1999
    Last Structure Change Process Date: Febuary 26, 1999
    Last Data Update: Febuary 26, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 1780 West Airport Boulevard, Sanford, FL 32771
    County: Seminole
    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)
  • Financial Summary
  • Total assets: $214.4 mil

1992 - 1999 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, 1998)

  • Dollar figures in thousands
  • 219Total employees (full-time equivalent)
  • $214,450Total assets
  • $14,875Cash and due from depository institutions
  • $11,494Interest-bearing balances
  • $661Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $172,332Net loans & leases
  • $2,265Loan loss allowance
  • $0Trading account assets
  • $11,300Bank premises and fixed assets
  • $60Other real estate owned
  • $4,327Goodwill and other intangibles
  • $0Life insurance assets
  • $10,895All other assets
  • $214,450Total liabilities and capital
  • $200,571Total liabilities
  • $133,253Total deposits
  • $118,642Interest-bearing deposits
  • $133,253Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $65,000Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $2,318All other liabilities
  • $13,879Total equity capital
  • $13,879Total bank equity capital
  • $13,879Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $35,472Undivided profits
  • Memoranda
  • $-21,594Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $3,607Earning assets
  • $220Long-term assets (5+ years)
  • $627Average Assets, year-to-date
  • $184,487Average Assets, quarterly
  • $38,497Volatile liabilities
  • $130,606Insider loans
  • $181,947FHLB advances
  • $122,026Loans and leases held for sale
  • $572Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $20,455Total risk weighted assets
  • $270,554Total unused commitments
  • $0Restructured Loans and leases
  • $184,051Derivatives

Income and Expense (December 31, 1998)

  • Dollar figures in thousands
  • $10,773Total interest income
  • $5,170Total interest expense
  • $5,603Net interest income
  • $2,915Provision for loan and lease losses
  • $6,035Total noninterest income
  • $0Fiduciary activities
  • $851Service charges on deposit accounts
  • $0Trading account gains & fees
  • $5,184Additional noninterest income
  • $28,101Total noninterest expense
  • $8,199Salaries and employee benefits
  • $1,772Premises and equipment expense
  • $18,130Additional noninterest expense
  • -$19,378Pre-tax net operating income
  • $0Securities gains (losses)
  • -$6,631Applicable income taxes
  • -$12,747Income before extraordinary items
  • $0Extraordinary gains - net
  • -$12,747Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $1,531Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1998)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 10.48%Yield on earning assets
  • 5.03%Cost of funding earning assets
  • 5.45%Net interest margin
  • 5.87%Noninterest income to earning assets
  • 27.35%Noninterest expense to earning assets
  • -9.76%Net operating income to assets
  • -9.76%Return on assets (ROA)
  • -14.84%Pretax return on assets
  • -95.99%Return on equity (ROE)
  • -95.99%Retained earnings to average equity (YTD only)
  • 1.61%Net charge-offs to loans
  • 190.40%Credit loss provision to net charge-offs
  • -10.75%Efficiency ratio
  • 237,988Assets per employee
  • 0.98%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.30%Loss allowance to noncurrent loans
  • 62.79%Noncurrent assets plus other real estate owned to assets
  • 1.71%Noncurrent loans to loans
  • 2.07%Net loans and leases to deposits
  • 129.33%Net loans and leases to core deposits
  • 226.08%Equity capital to assets
  • 6.47%Core capital (leverage) ratio
  • 4.98%Tier 1 risk-based capital ratio
  • 5.18%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $130,606Average earning assets
  • $13,280Average equity
  • $102,755Average loans

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