Barnett Bank of Lee County, National Association in Fort Myers, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of Lee County, National Association in Fort Myers, Florida (FL)
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Barnett Bank of Lee County, National Association - Overview

  • General
  • FDIC Certificate #: 18687
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 962434
    Date Established: January 24, 1963
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 21 (Interstate: No)
    FDIC's unique #: 12559
    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: January 24, 1963
    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: 3210 Cleveland Avenue, Fort Myers, FL 33902
    County: Lee
    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): Fort Myers-Cape Coral, FL (#2700)
    Core Based Statistical Area (CBSA): Cape Coral-Fort Myers, FL (#15980)
    CBSA Metro Statistical Area: Cape Coral-Fort Myers, FL (#15980)
  • Financial Summary
  • Total assets: $963.4 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)
  • $288Total assets
  • $945,538Cash and due from depository institutions
  • $49,142Interest-bearing balances
  • $0Securities
  • $86,281Federal funds sold & reverse repurchase agreements
  • $24,700Net loans & leases
  • $742,589Loan loss allowance
  • $19,841Trading account assets
  • $635Bank premises and fixed assets
  • $16,782Other real estate owned
  • $9,286Goodwill and other intangibles
  • $16,123Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $945,538Total liabilities
  • $864,781Total deposits
  • $846,148Interest-bearing deposits
  • $711,779Deposits held in domestic offices
  • 846148.00%% insured (estimated)
  • $92Federal funds purchased & repurchase agreements
  • $11,692Trading liabilities
  • $635Other borrowed funds
  • $342Subordinated debt
  • $0All other liabilities
  • $5,964Total equity capital
  • $5,964Total bank equity capital
  • $80,757Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $30,342Undivided profits
  • Memoranda
  • $49,415Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $14,186Income earned, not collected on loans
  • $4,363Earning assets
  • $854,205Long-term assets (5+ years)
  • $149,952Average Assets, year-to-date
  • $942,310Average Assets, quarterly
  • $929,975Volatile liabilities
  • $48,814Insider loans
  • $21,218FHLB advances
  • $0Loans and leases held for sale
  • $2,717Unused loan commitments
  • $342,047Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $80,558Total risk weighted assets
  • $714,097Total unused commitments
  • $0Restructured Loans and leases
  • $19,744Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $73,158Total interest expense
  • $25,970Net interest income
  • $47,188Provision for loan and lease losses
  • $3,497Total noninterest income
  • $11,607Fiduciary activities
  • $0Service charges on deposit accounts
  • $4,103Trading account gains & fees
  • $75Additional noninterest income
  • $7,429Total noninterest expense
  • $33,970Salaries and employee benefits
  • $9,780Premises and equipment expense
  • $4,245Additional noninterest expense
  • $19,945Pre-tax net operating income
  • $21,328Securities gains (losses)
  • $0Applicable income taxes
  • $7,569Income before extraordinary items
  • $13,759Extraordinary gains - net
  • $0Net income attributable to bank
  • $13,759Net charge-offs
  • $3,796Cash 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
  • 3.02%Net interest margin
  • 5.49%Noninterest income to earning assets
  • 1.35%Noninterest expense to earning assets
  • 3.96%Net operating income to assets
  • 1.46%Return on assets (ROA)
  • 1.46%Pretax return on assets
  • 2.26%Return on equity (ROE)
  • 18.76%Retained earnings to average equity (YTD only)
  • 18.76%Net charge-offs to loans
  • 0.51%Credit loss provision to net charge-offs
  • 92.12%Efficiency ratio
  • 57,777Assets per employee
  • 3.28%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.60%Loss allowance to noncurrent loans
  • 139.86%Noncurrent assets plus other real estate owned to assets
  • 2.48%Noncurrent loans to loans
  • 1.86%Net loans and leases to deposits
  • 87.76%Net loans and leases to core deposits
  • 91.72%Equity capital to assets
  • 8.54%Core capital (leverage) ratio
  • 8.64%Tier 1 risk-based capital ratio
  • 11.28%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $942,310Average earning assets
  • $73,359Average equity
  • $858,795Average loans

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