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

This bank is inactive as of September 28, 1996

  • Barnett Bank of Marion County, National Association in Ocala, Florida (FL)
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Barnett Bank of Marion County, National Association - Overview

  • General
  • FDIC Certificate #: 3580
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 361233
    Date Established: January 26, 1897
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 13 (Interstate: No)
    FDIC's unique #: 2271
    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 01, 1934
    Last Structure Change Effective Date: September 28, 1996
    Last Structure Change Process Date: October 03, 1996
    Last Data Update: October 03, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 35 S.E. First Avenue, Ocala, FL 32670
    County: Marion
    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): Ocala, FL (#5790)
    Core Based Statistical Area (CBSA): Ocala, FL (#36100)
    CBSA Metro Statistical Area: Ocala, FL (#36100)
  • Financial Summary
  • Total assets: $615.4 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)
  • $185Total assets
  • $609,323Cash and due from depository institutions
  • $22,340Interest-bearing balances
  • $0Securities
  • $57,463Federal funds sold & reverse repurchase agreements
  • $34,700Net loans & leases
  • $473,711Loan loss allowance
  • $4,485Trading account assets
  • $0Bank premises and fixed assets
  • $9,812Other real estate owned
  • $1,331Goodwill and other intangibles
  • $9,177Life insurance assets
  • $789All other assets
  • $0Total liabilities and capital
  • $609,323Total liabilities
  • $562,843Total deposits
  • $547,371Interest-bearing deposits
  • $472,570Deposits held in domestic offices
  • 547371.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $3,394Trading liabilities
  • $0Other borrowed funds
  • $2,490Subordinated debt
  • $0All other liabilities
  • $9,588Total equity capital
  • $9,588Total bank equity capital
  • $46,480Perpetual preferred stock
  • $0Common stock
  • $3,000Surplus
  • $7,226Undivided profits
  • Memoranda
  • $36,254Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,935Income earned, not collected on loans
  • $3,224Earning assets
  • $565,874Long-term assets (5+ years)
  • $136,200Average Assets, year-to-date
  • $605,389Average Assets, quarterly
  • $605,111Volatile liabilities
  • $39,413Insider loans
  • $3,130FHLB advances
  • $0Loans and leases held for sale
  • $2,345Unused loan commitments
  • $206,317Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $45,444Total risk weighted assets
  • $415,130Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $47,139Total interest expense
  • $17,479Net interest income
  • $29,660Provision for loan and lease losses
  • $2,232Total noninterest income
  • $7,083Fiduciary activities
  • $0Service charges on deposit accounts
  • $3,917Trading account gains & fees
  • $34Additional noninterest income
  • $3,132Total noninterest expense
  • $20,329Salaries and employee benefits
  • $5,823Premises and equipment expense
  • $2,118Additional noninterest expense
  • $12,388Pre-tax net operating income
  • $14,182Securities gains (losses)
  • $0Applicable income taxes
  • $5,014Income before extraordinary items
  • $9,168Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,168Net charge-offs
  • $2,347Cash dividends
  • $5,000Sale, 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
  • 8.47%Cost of funding earning assets
  • 3.14%Net interest margin
  • 5.33%Noninterest income to earning assets
  • 1.27%Noninterest expense to earning assets
  • 3.65%Net operating income to assets
  • 1.51%Return on assets (ROA)
  • 1.51%Pretax return on assets
  • 2.34%Return on equity (ROE)
  • 20.68%Retained earnings to average equity (YTD only)
  • 9.40%Net charge-offs to loans
  • 0.49%Credit loss provision to net charge-offs
  • 95.10%Efficiency ratio
  • 55,289Assets per employee
  • 3.29%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.54%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 231.78%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 86.54%Net loans and leases to core deposits
  • 92.27%Equity capital to assets
  • 7.63%Core capital (leverage) ratio
  • 7.53%Tier 1 risk-based capital ratio
  • 10.95%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $605,389Average earning assets
  • $44,333Average equity
  • $556,730Average loans

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