Barnett Bank of the Suncoast, National Association in Brooksville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of the Suncoast, National Association in Brooksville, Florida (FL)
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Barnett Bank of the Suncoast, National Association - Overview

  • General
  • FDIC Certificate #: 26414
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 231532
    Date Established: October 29, 1985
    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 #: 33030
    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: October 29, 1985
    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: 9223 Cortez Boulevard, Brooksville, FL 34613
    County: Hernando
    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: $783.8 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)
  • $201Total assets
  • $785,936Cash and due from depository institutions
  • $24,775Interest-bearing balances
  • $0Securities
  • $119,463Federal funds sold & reverse repurchase agreements
  • $28,175Net loans & leases
  • $584,709Loan loss allowance
  • $9,217Trading account assets
  • $95Bank premises and fixed assets
  • $13,082Other real estate owned
  • $3,386Goodwill and other intangibles
  • $11,543Life insurance assets
  • $708All other assets
  • $0Total liabilities and capital
  • $785,936Total liabilities
  • $727,006Total deposits
  • $717,390Interest-bearing deposits
  • $658,185Deposits held in domestic offices
  • 717390.00%% insured (estimated)
  • $96Federal funds purchased & repurchase agreements
  • $2,399Trading liabilities
  • $95Other borrowed funds
  • $830Subordinated debt
  • $0All other liabilities
  • $6,292Total equity capital
  • $6,292Total bank equity capital
  • $58,930Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $47,190Undivided profits
  • Memoranda
  • $10,740Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $4,222Income earned, not collected on loans
  • $3,547Earning assets
  • $732,442Long-term assets (5+ years)
  • $141,875Average Assets, year-to-date
  • $779,061Average Assets, quarterly
  • $781,441Volatile liabilities
  • $29,321Insider loans
  • $4,469FHLB advances
  • $0Loans and leases held for sale
  • $2,730Unused loan commitments
  • $145,688Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $57,625Total risk weighted assets
  • $454,172Total unused commitments
  • $0Restructured Loans and leases
  • $1,420Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $56,862Total interest expense
  • $22,866Net interest income
  • $33,996Provision for loan and lease losses
  • $1,633Total noninterest income
  • $5,856Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,790Trading account gains & fees
  • $27Additional noninterest income
  • $3,039Total noninterest expense
  • $23,384Salaries and employee benefits
  • $6,620Premises and equipment expense
  • $3,088Additional noninterest expense
  • $13,676Pre-tax net operating income
  • $14,835Securities gains (losses)
  • $0Applicable income taxes
  • $5,513Income before extraordinary items
  • $9,322Extraordinary gains - net
  • $0Net income attributable to bank
  • $9,322Net charge-offs
  • $1,815Cash dividends
  • $1,000Sale, 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
  • 7.92%Cost of funding earning assets
  • 3.18%Net interest margin
  • 4.73%Noninterest income to earning assets
  • 0.82%Noninterest expense to earning assets
  • 3.26%Net operating income to assets
  • 1.20%Return on assets (ROA)
  • 1.20%Pretax return on assets
  • 1.90%Return on equity (ROE)
  • 17.35%Retained earnings to average equity (YTD only)
  • 15.49%Net charge-offs to loans
  • 0.31%Credit loss provision to net charge-offs
  • 89.97%Efficiency ratio
  • 58,155Assets per employee
  • 3.91%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 10.73%Loss allowance to loans
  • 1.55%Loss allowance to noncurrent loans
  • 218.31%Noncurrent assets plus other real estate owned to assets
  • 0.97%Noncurrent loans to loans
  • 0.71%Net loans and leases to deposits
  • 81.51%Net loans and leases to core deposits
  • 84.62%Equity capital to assets
  • 7.50%Core capital (leverage) ratio
  • 7.36%Tier 1 risk-based capital ratio
  • 12.69%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $779,061Average earning assets
  • $53,734Average equity
  • $718,261Average loans

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