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- Banks in Florida (FL)
- Bank of Florida - Tampa Bay
Bank of Florida - Tampa Bay in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches
This bank is inactive as of May 28, 2010
- Bank of Florida - Tampa Bay in Tampa, Florida (FL)
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Bank of Florida - Tampa Bay - Overview
- General
- FDIC Certificate #: 57814
Status: Inactive
Closing history: Absorption - Assisted
Acquiring institution: EverBank (#34775)
Federal Reserve ID: 3287325
Date Established: November 05, 2004
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 4 (Interstate: No)
FDIC's unique #: 426553
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
State Chartered: Yes
Date of Deposit Insurance: November 05, 2004
Last Structure Change Effective Date: May 28, 2010
Last Structure Change Process Date: June 01, 2010
Last Data Update: June 01, 2010
Data Source Date: April 05, 2012 - Location
- Address: 777 South Harbour Island Boulevard, Suites 125 And 940, Tampa, FL 33602
County: Hillsborough
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) - Financial Summary
- Total assets: $240.5 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2009)
- Dollar figures in thousands
- 24Total employees (full-time equivalent)
- $247,089Total assets
- $17,040Cash and due from depository institutions
- $12,711Interest-bearing balances
- $18,681Securities
- $0Federal funds sold & reverse repurchase agreements
- $207,421Net loans & leases
- $8,024Loan loss allowance
- $0Trading account assets
- $949Bank premises and fixed assets
- $222Other real estate owned
- $769Goodwill and other intangibles
- $0Life insurance assets
- $2,007All other assets
- $247,089Total liabilities and capital
- $239,823Total liabilities
- $221,398Total deposits
- $196,389Interest-bearing deposits
- $221,398Deposits held in domestic offices
- 71.59%% insured (estimated)
- $11,105Federal funds purchased & repurchase agreements
- $0Trading liabilities
- $6,700Other borrowed funds
- $0Subordinated debt
- $620All other liabilities
- $7,266Total equity capital
- $7,266Total bank equity capital
- $7,266Perpetual preferred stock
- $0Common stock
- $4,200Surplus
- $22,090Undivided profits
- Memoranda
- $-19,024Noncurrent loans and leases
- $16,057Noncurrent loans that are wholly or partially guaranteed by the U.S. government
- $0Income earned, not collected on loans
- $32,405Earning assets
- $0Long-term assets (5+ years)
- $819Average Assets, year-to-date
- $238,813Average Assets, quarterly
- $52,292Volatile liabilities
- $257,568Insider loans
- $249,620FHLB advances
- $51,268Loans and leases held for sale
- $14,768Unused loan commitments
- $6,700Tier 1 (core) risk-based capital
- $0Tier 2 risk-based capital
- $0Total risk weighted assets
- $16,057Total unused commitments
- $8,864Restructured Loans and leases
- $2,695Derivatives
Income and Expense (December 31, 2009)
- Dollar figures in thousands
- $12,090Total interest income
- $5,796Total interest expense
- $6,294Net interest income
- $13,810Provision for loan and lease losses
- $126Total noninterest income
- $0Fiduciary activities
- $192Service charges on deposit accounts
- $0Trading account gains & fees
- -$66Additional noninterest income
- $6,769Total noninterest expense
- $2,015Salaries and employee benefits
- $1,036Premises and equipment expense
- $3,718Additional noninterest expense
- -$14,159Pre-tax net operating income
- $801Securities gains (losses)
- $2,324Applicable income taxes
- -$15,682Income before extraordinary items
- $0Extraordinary gains - net
- -$15,682Net income attributable to bank
- $0Net charge-offs
- -$15,682Cash dividends
- $11,333Sale, conversion, retirement of capital stock, net
- $0Net operating income
Performance and Condition Ratios (December 31, 2009)
- Dollar figures in thousands
- Performance Ratios (%, annualized)
- 5.07%Yield on earning assets
- 2.43%Cost of funding earning assets
- 2.64%Net interest margin
- 0.05%Noninterest income to earning assets
- 2.84%Noninterest expense to earning assets
- -6.40%Net operating income to assets
- -6.09%Return on assets (ROA)
- -5.19%Pretax return on assets
- -85.28%Return on equity (ROE)
- -85.28%Retained earnings to average equity (YTD only)
- 5.15%Net charge-offs to loans
- 121.86%Credit loss provision to net charge-offs
- -0.03%Efficiency ratio
- 104,829Assets per employee
- 10.30%Cash dividends to net income (YTD only)
- Condition Ratios (%)
- 0.00%Loss allowance to loans
- 3.72%Loss allowance to noncurrent loans
- 24.76%Noncurrent assets plus other real estate owned to assets
- 13.20%Noncurrent loans to loans
- 15.04%Net loans and leases to deposits
- 93.69%Net loans and leases to core deposits
- 114.45%Equity capital to assets
- 2.94%Core capital (leverage) ratio
- 2.66%Tier 1 risk-based capital ratio
- 3.09%Total risk-based capital ratio
- Memoranda
- $4Average assets
- $257,568Average earning assets
- $18,389Average equity
- $238,523Average loans
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- Banks in Florida (FL)
- Bank of Florida - Tampa Bay
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