Barnett Bank of the Treasure Coast in Port St. Lucie, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 29, 1996

  • Barnett Bank of the Treasure Coast in Port St. Lucie, Florida (FL)
  • Show street view No street view available for this location

Barnett Bank of the Treasure Coast - Overview

  • General
  • FDIC Certificate #: 20956
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Barnett Bank, National Association (#3566)
    Federal Reserve ID: 296335
    Date Established: Febuary 08, 1973
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 14 (Interstate: No)
    FDIC's unique #: 14472
    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: Febuary 08, 1973
    Last Structure Change Effective Date: June 29, 1996
    Last Structure Change Process Date: July 11, 1996
    Last Data Update: November 26, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 900 East Prima Vista Boulevard, Port St. Lucie, FL 34952
    County: St. Lucie
    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 Pierce-Port St. Lucie, FL (#2710)
    Combined Statistical Area (CSA): Port St. Lucie-Sebastian-Vero Beach, FL (#442)
    Core Based Statistical Area (CBSA): Port St. Lucie, FL (#38940)
    CBSA Metro Statistical Area: Port St. Lucie, FL (#38940)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $618.8 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)
  • $177Total assets
  • $629,465Cash and due from depository institutions
  • $29,873Interest-bearing balances
  • $0Securities
  • $81,306Federal funds sold & reverse repurchase agreements
  • $25,600Net loans & leases
  • $468,130Loan loss allowance
  • $4,852Trading account assets
  • $44Bank premises and fixed assets
  • $17,320Other real estate owned
  • $468Goodwill and other intangibles
  • $6,657Life insurance assets
  • $67All other assets
  • $0Total liabilities and capital
  • $629,465Total liabilities
  • $584,847Total deposits
  • $564,509Interest-bearing deposits
  • $499,745Deposits held in domestic offices
  • 564509.00%% insured (estimated)
  • $93Federal funds purchased & repurchase agreements
  • $17,185Trading liabilities
  • $44Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $3,109Total equity capital
  • $3,109Total bank equity capital
  • $44,618Perpetual preferred stock
  • $0Common stock
  • $1,000Surplus
  • $21,672Undivided profits
  • Memoranda
  • $21,946Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,715Income earned, not collected on loans
  • $2,973Earning assets
  • $575,080Long-term assets (5+ years)
  • $130,095Average Assets, year-to-date
  • $628,313Average Assets, quarterly
  • $618,740Volatile liabilities
  • $46,464Insider loans
  • $11,273FHLB advances
  • $0Loans and leases held for sale
  • $3,065Unused loan commitments
  • $175,366Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $44,629Total risk weighted assets
  • $418,617Total unused commitments
  • $0Restructured Loans and leases
  • $1,015Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $46,649Total interest expense
  • $17,871Net interest income
  • $28,778Provision for loan and lease losses
  • $2,283Total noninterest income
  • $5,425Fiduciary activities
  • $0Service charges on deposit accounts
  • $2,416Trading account gains & fees
  • $29Additional noninterest income
  • $2,980Total noninterest expense
  • $19,845Salaries and employee benefits
  • $5,979Premises and equipment expense
  • $2,931Additional noninterest expense
  • $10,935Pre-tax net operating income
  • $12,075Securities gains (losses)
  • $0Applicable income taxes
  • $4,290Income before extraordinary items
  • $7,785Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,785Net charge-offs
  • $2,209Cash dividends
  • $4,000Sale, 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
  • 8.10%Cost of funding earning assets
  • 3.10%Net interest margin
  • 5.00%Noninterest income to earning assets
  • 0.94%Noninterest expense to earning assets
  • 3.44%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 1.24%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 17.81%Retained earnings to average equity (YTD only)
  • 8.66%Net charge-offs to loans
  • 0.46%Credit loss provision to net charge-offs
  • 103.35%Efficiency ratio
  • 57,992Assets per employee
  • 3.56%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 51.38%Loss allowance to loans
  • 1.03%Loss allowance to noncurrent loans
  • 178.71%Noncurrent assets plus other real estate owned to assets
  • 0.51%Noncurrent loans to loans
  • 0.57%Net loans and leases to deposits
  • 82.93%Net loans and leases to core deposits
  • 87.46%Equity capital to assets
  • 7.09%Core capital (leverage) ratio
  • 7.27%Tier 1 risk-based capital ratio
  • 10.66%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $628,313Average earning assets
  • $43,720Average equity
  • $576,097Average loans

Comment about this bank, ask questions, or add new information about it:

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Barnett Bank of the Treasure Coast.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents