FDIC Certificate #: 35263 Status: Inactive Federal Reserve ID: 2839745 Date Established: October 19, 1999 WWW:http://www.marketplacebank.com Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC) Offices: 1 (Interstate: No) FDIC's unique #: 77227 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 19, 1999 Last Structure Change Effective Date: September 29, 2003 Last Structure Change Process Date: October 31, 2003 Last Data Update: October 31, 2003 Data Source Date: April 05, 2012
Location
Address: 2301 Lucien Way, Maitland, FL 32751 County: Orange Quarterly Banking Profile Region: Atlanta FDIC Geographic Region: Atlanta FDIC Supervisory Region: New York FDIC Field Office: Tampa Office of the Comptroller the Currency (OCC) District: Southwest Office of Thrift Supervision Region: Southeast Metropolitan Statistical Area (MSA): Orlando, FL (#5960) Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422) Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740) CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
History of Changes
Other Liquidations and Closings
Financial Summary
Total assets: $155.6 mil
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2002)
Dollar figures in thousands
1Total employees (full-time equivalent)
$295,277Total assets
$24,116Cash and due from depository institutions
$0Interest-bearing balances
$0Securities
$96,591Federal funds sold & reverse repurchase agreements
$70,807Net loans & leases
$845Loan loss allowance
$0Trading account assets
$2,520Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$101,243All other assets
$295,277Total liabilities and capital
$146,753Total liabilities
$134,630Total deposits
$128,279Interest-bearing deposits
$134,630Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$1,284Other borrowed funds
$0Subordinated debt
$10,839All other liabilities
$148,524Total equity capital
$148,524Total bank equity capital
$148,524Perpetual preferred stock
$0Common stock
$450Surplus
$299,550Undivided profits
Memoranda
$-151,476Noncurrent loans and leases
$15,840Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$52Earning assets
$0Long-term assets (5+ years)
$80Average Assets, year-to-date
$167,398Average Assets, quarterly
$10,016Volatile liabilities
$570,704Insider loans
$474,498FHLB advances
$12,489Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$2,793Tier 2 risk-based capital
$71,652Total risk weighted assets
$15,840Total unused commitments
$0Restructured Loans and leases
$845Derivatives
Income and Expense (December 31, 2002)
Dollar figures in thousands
$19,688Total interest income
$9,172Total interest expense
$10,516Net interest income
$396Provision for loan and lease losses
-$395Total noninterest income
$0Fiduciary activities
$0Service charges on deposit accounts
-$6,443Trading account gains & fees
$6,048Additional noninterest income
$171,547Total noninterest expense
$11,018Salaries and employee benefits
$42,180Premises and equipment expense
$118,349Additional noninterest expense
-$161,822Pre-tax net operating income
$558Securities gains (losses)
-$62,724Applicable income taxes
-$98,540Income before extraordinary items
$0Extraordinary gains - net
-$98,540Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$307Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2002)
Dollar figures in thousands
Performance Ratios (%, annualized)
4.32%Yield on earning assets
2.01%Cost of funding earning assets
2.31%Net interest margin
-0.09%Noninterest income to earning assets
37.64%Noninterest expense to earning assets
-17.33%Net operating income to assets
-17.27%Return on assets (ROA)
-28.26%Pretax return on assets
-46.05%Return on equity (ROE)
-46.05%Retained earnings to average equity (YTD only)
0.23%Net charge-offs to loans
128.99%Credit loss provision to net charge-offs
-525.82%Efficiency ratio
1,654,491Assets per employee
295.28%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.18%Loss allowance to noncurrent loans
1625.00%Noncurrent assets plus other real estate owned to assets
0.02%Noncurrent loans to loans
0.07%Net loans and leases to deposits
52.59%Net loans and leases to core deposits
57.37%Equity capital to assets
50.30%Core capital (leverage) ratio
32.47%Tier 1 risk-based capital ratio
96.19%Total risk-based capital ratio
Memoranda
$97Average assets
$570,704Average earning assets
$213,975Average equity
$455,703Average 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 CIBC National Bank.
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.
Comment about this bank, ask questions, or add new information about it: