Barnett Bank of Lake County, National Association in Eustis, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of Lake County, National Association in Eustis, Florida (FL)
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Barnett Bank of Lake County, National Association - Overview

  • General
  • FDIC Certificate #: 17634
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 956031
    Date Established: July 25, 1956
    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 #: 11602
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: July 25, 1956
    Last Structure Change Effective Date: June 29, 1996
    Last Structure Change Process Date: July 11, 1996
    Last Data Update: July 11, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 100 North Bay Street, Eustis, FL 32726
    County: Lake
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    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: $429.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1995)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $115Total assets
  • $427,831Cash and due from depository institutions
  • $16,325Interest-bearing balances
  • $0Securities
  • $40,606Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $356,670Loan loss allowance
  • $4,388Trading account assets
  • $0Bank premises and fixed assets
  • $5,967Other real estate owned
  • $555Goodwill and other intangibles
  • $7,662Life insurance assets
  • $46All other assets
  • $0Total liabilities and capital
  • $427,831Total liabilities
  • $381,773Total deposits
  • $372,154Interest-bearing deposits
  • $339,417Deposits held in domestic offices
  • 372154.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $6,481Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,138Total equity capital
  • $3,138Total bank equity capital
  • $46,058Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $16,730Undivided profits
  • Memoranda
  • $28,328Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,422Income earned, not collected on loans
  • $2,130Earning assets
  • $397,276Long-term assets (5+ years)
  • $124,265Average Assets, year-to-date
  • $423,612Average Assets, quarterly
  • $423,423Volatile liabilities
  • $25,627Insider loans
  • $4,142FHLB advances
  • $0Loans and leases held for sale
  • $6,909Unused loan commitments
  • $89,220Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $45,741Total risk weighted assets
  • $327,741Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $33,681Total interest expense
  • $12,843Net interest income
  • $20,838Provision for loan and lease losses
  • $853Total noninterest income
  • $4,489Fiduciary activities
  • $0Service charges on deposit accounts
  • $1,794Trading account gains & fees
  • $8Additional noninterest income
  • $2,687Total noninterest expense
  • $12,914Salaries and employee benefits
  • $3,925Premises and equipment expense
  • $1,413Additional noninterest expense
  • $7,576Pre-tax net operating income
  • $11,560Securities gains (losses)
  • $0Applicable income taxes
  • $3,977Income before extraordinary items
  • $7,583Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,583Net charge-offs
  • $1,758Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1995)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 8.52%Cost of funding earning assets
  • 3.25%Net interest margin
  • 5.27%Noninterest income to earning assets
  • 1.14%Noninterest expense to earning assets
  • 3.27%Net operating income to assets
  • 1.79%Return on assets (ROA)
  • 1.79%Pretax return on assets
  • 2.73%Return on equity (ROE)
  • 18.16%Retained earnings to average equity (YTD only)
  • 18.16%Net charge-offs to loans
  • 0.51%Credit loss provision to net charge-offs
  • 48.52%Efficiency ratio
  • 50,950Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.22%Loss allowance to noncurrent loans
  • 308.58%Noncurrent assets plus other real estate owned to assets
  • 0.46%Noncurrent loans to loans
  • 0.39%Net loans and leases to deposits
  • 95.84%Net loans and leases to core deposits
  • 101.04%Equity capital to assets
  • 10.77%Core capital (leverage) ratio
  • 10.79%Tier 1 risk-based capital ratio
  • 13.96%Total risk-based capital ratio
  • Memoranda
  • $15Average assets
  • $423,612Average earning assets
  • $41,760Average equity
  • $395,099Average loans

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