Barnett Bank of Pasco County in Port Richey, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of Pasco County in Port Richey, Florida (FL)
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Barnett Bank of Pasco County - Overview

  • General
  • FDIC Certificate #: 20175
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 287034
    Date Established: May 06, 1970
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 19 (Interstate: No)
    FDIC's unique #: 13865
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: May 06, 1970
    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: 10220 U.S. Highway 19, Port Richey, FL 34668
    County: Pasco
    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: $1,095.2 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)
  • $245Total assets
  • $1,066,479Cash and due from depository institutions
  • $34,408Interest-bearing balances
  • $0Securities
  • $158,594Federal funds sold & reverse repurchase agreements
  • $21,950Net loans & leases
  • $808,052Loan loss allowance
  • $8,913Trading account assets
  • $0Bank premises and fixed assets
  • $19,536Other real estate owned
  • $788Goodwill and other intangibles
  • $15,640Life insurance assets
  • $7,511All other assets
  • $0Total liabilities and capital
  • $1,066,479Total liabilities
  • $989,514Total deposits
  • $982,202Interest-bearing deposits
  • $902,637Deposits held in domestic offices
  • 982202.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $644Trading liabilities
  • $0Other borrowed funds
  • $951Subordinated debt
  • $0All other liabilities
  • $5,717Total equity capital
  • $5,717Total bank equity capital
  • $76,965Perpetual preferred stock
  • $0Common stock
  • $1,861Surplus
  • $36,739Undivided profits
  • Memoranda
  • $38,365Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,943Income earned, not collected on loans
  • $5,738Earning assets
  • $988,596Long-term assets (5+ years)
  • $198,415Average Assets, year-to-date
  • $1,118,223Average Assets, quarterly
  • $1,067,894Volatile liabilities
  • $36,522Insider loans
  • $7,526FHLB advances
  • $0Loans and leases held for sale
  • $6,742Unused loan commitments
  • $250,313Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $67,436Total risk weighted assets
  • $649,761Total unused commitments
  • $0Restructured Loans and leases
  • $87,000Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $81,957Total interest expense
  • $35,112Net interest income
  • $46,845Provision for loan and lease losses
  • $2,326Total noninterest income
  • $8,369Fiduciary activities
  • $0Service charges on deposit accounts
  • $4,153Trading account gains & fees
  • $323Additional noninterest income
  • $3,893Total noninterest expense
  • $31,759Salaries and employee benefits
  • $8,463Premises and equipment expense
  • $4,465Additional noninterest expense
  • $18,831Pre-tax net operating income
  • $21,129Securities gains (losses)
  • $0Applicable income taxes
  • $7,265Income before extraordinary items
  • $13,864Extraordinary gains - net
  • $0Net income attributable to bank
  • $13,864Net charge-offs
  • $2,570Cash dividends
  • $17,506Sale, 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
  • 7.92%Cost of funding earning assets
  • 3.39%Net interest margin
  • 4.53%Noninterest income to earning assets
  • 0.81%Noninterest expense to earning assets
  • 3.07%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.89%Return on equity (ROE)
  • 18.01%Retained earnings to average equity (YTD only)
  • -4.73%Net charge-offs to loans
  • 0.31%Credit loss provision to net charge-offs
  • 90.51%Efficiency ratio
  • 56,547Assets per employee
  • 4.35%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 126.27%Loss allowance to loans
  • 1.09%Loss allowance to noncurrent loans
  • 180.32%Noncurrent assets plus other real estate owned to assets
  • 0.54%Noncurrent loans to loans
  • 0.61%Net loans and leases to deposits
  • 82.27%Net loans and leases to core deposits
  • 85.34%Equity capital to assets
  • 7.22%Core capital (leverage) ratio
  • 6.35%Tier 1 risk-based capital ratio
  • 10.38%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $1,118,223Average earning assets
  • $76,979Average equity
  • $1,034,278Average loans

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