Bank of Naples in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Bank of Naples - Overview

  • General
  • FDIC Certificate #: 35396
    Status: Active
    Federal Reserve ID: 2910121
    Bank Holding Company (Regulatory Top Holder): Naples Bancorp, Inc. (RSSDID: 3238596, Location: Naples, FL)
    Date Established: May 08, 2000
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 79501
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: May 08, 2000
    Last Structure Change Effective Date: August 09, 2007
    Last Structure Change Process Date: August 09, 2007
    Last Data Update: August 09, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 4099 Tamiami Trail North, Naples, FL 34103
    County: Collier
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Naples, FL (#5345)
    Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
    CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $154.2 mil
    Equity capital: $3.8 mil
    Deposits held in domestic offices: $134.6 mil
    Return on assets (ROA): -3.35% (-$5.2 mil)
    Quarterly return on assets: -0.70% (-$1.1 mil)
    Return on Equity (ROE): -93.00% (-$3.7 mil)
    Quarterly return on equity: -27.00% (-$1.1 mil)
    Net income: -$5.6 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -3.35% (-$5,165.4 mil)
    Quarterly Pretax return on assets: -0.70% (-$1,079.3 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, 2011)

  • Dollar figures in thousands
  • 22Total employees (full-time equivalent)
  • $154,190Total assets
  • $51,188Cash and due from depository institutions
  • $49,888Interest-bearing balances
  • $10,218Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $88,464Net loans & leases
  • $8,246Loan loss allowance
  • $0Trading account assets
  • $341Bank premises and fixed assets
  • $2,372Other real estate owned
  • $0Goodwill and other intangibles
  • $154,190Life insurance assets
  • $1,607All other assets
  • $150,343Total liabilities and capital
  • $134,648Total liabilities
  • $122,566Total deposits
  • $134,648Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $15,000Trading liabilities
  • $0Other borrowed funds
  • $695Subordinated debt
  • $3,847All other liabilities
  • $3,847Total equity capital
  • $3,847Total bank equity capital
  • $0Perpetual preferred stock
  • $3,224Common stock
  • $31,912Surplus
  • $-31,289Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,063Income earned, not collected on loans
  • $0Earning assets
  • $410Long-term assets (5+ years)
  • $148,570Average Assets, year-to-date
  • $14,475Average Assets, quarterly
  • $166,775Volatile liabilities
  • $153,577Insider loans
  • $82,220FHLB advances
  • $153,766Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $3,721Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $1,955Restructured Loans and leases
  • $322Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $6,009Total interest income
  • $1,642Total interest expense
  • $4,367Net interest income
  • $1,440Provision for loan and lease losses
  • -$432Total noninterest income
  • $0Fiduciary activities
  • $115Service charges on deposit accounts
  • $0Trading account gains & fees
  • -$547Additional noninterest income
  • $8,263Total noninterest expense
  • $1,918Salaries and employee benefits
  • $631Premises and equipment expense
  • $5,714Additional noninterest expense
  • -$5,768Pre-tax net operating income
  • $183Securities gains (losses)
  • $0Applicable income taxes
  • -$5,585Income before extraordinary items
  • $0Extraordinary gains - net
  • -$5,585Net income attributable to bank
  • $0Net charge-offs
  • -$5,585Cash dividends
  • $6,267Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.76%Yield on earning assets
  • 1.03%Cost of funding earning assets
  • 2.73%Net interest margin
  • -0.27%Noninterest income to earning assets
  • 5.17%Noninterest expense to earning assets
  • -3.46%Net operating income to assets
  • -3.35%Return on assets (ROA)
  • -3.35%Pretax return on assets
  • -93.00%Return on equity (ROE)
  • -93.00%Retained earnings to average equity (YTD only)
  • 5.69%Net charge-offs to loans
  • 22.98%Credit loss provision to net charge-offs
  • -0.69%Efficiency ratio
  • 209,987Assets per employee
  • 7.01%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 8.53%Loss allowance to noncurrent loans
  • 58.64%Noncurrent assets plus other real estate owned to assets
  • 10.66%Noncurrent loans to loans
  • 14.54%Net loans and leases to deposits
  • 65.70%Net loans and leases to core deposits
  • 71.71%Equity capital to assets
  • 2.49%Core capital (leverage) ratio
  • 2.42%Tier 1 risk-based capital ratio
  • 4.53%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $166,775Average earning assets
  • $6,005Average equity
  • $159,795Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    079501Bank Of Naples4099 Tamiami Trail North, Naples, FL 34103May 08, 2000Full Service Brick and Mortar

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 Bank of Naples.
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents