Carney Bank in Boynton Beach, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 12, 1996

  • Carney Bank in Boynton Beach, Florida (FL)
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Carney Bank - Overview

  • General
  • FDIC Certificate #: 26269
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: County National Bank of South Florida (#18646)
    Federal Reserve ID: 401335
    Date Established: June 11, 1985
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 4 (Interstate: No)
    FDIC's unique #: 32630
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: Yes
    Date of Deposit Insurance: June 11, 1985
    Last Structure Change Effective Date: January 12, 1996
    Last Structure Change Process Date: January 23, 1996
    Last Data Update: January 23, 1996
    Data Source Date: April 05, 2012
  • Location
  • Address: 1101 North Congress Avenue, Boynton Beach, FL 33435
    County: Palm Beach
    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): West Palm Beach-Boca Raton, FL (#8960)
    Core Based Statistical Area (CBSA): Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
    CBSA Metro Statistical Area: Miami-Fort Lauderdale-Pompano Beach, FL (#33100)
    Core Based Statistical Division: West Palm Beach-Boca Raton-Boynton Beach, FL (#48424)
  • Financial Summary
  • Total assets: $42.5 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)
  • $35Total assets
  • $42,539Cash and due from depository institutions
  • $2,489Interest-bearing balances
  • $0Securities
  • $8,413Federal funds sold & reverse repurchase agreements
  • $2,385Net loans & leases
  • $26,466Loan loss allowance
  • $758Trading account assets
  • $0Bank premises and fixed assets
  • $1,869Other real estate owned
  • $566Goodwill and other intangibles
  • $351Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $42,539Total liabilities
  • $38,869Total deposits
  • $38,376Interest-bearing deposits
  • $31,262Deposits held in domestic offices
  • 38376.00%% insured (estimated)
  • $97Federal funds purchased & repurchase agreements
  • $223Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $270Total equity capital
  • $270Total bank equity capital
  • $3,670Perpetual preferred stock
  • $0Common stock
  • $1,284Surplus
  • $7,651Undivided profits
  • Memoranda
  • $-5,265Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,053Income earned, not collected on loans
  • $209Earning assets
  • $37,264Long-term assets (5+ years)
  • $1,273Average Assets, year-to-date
  • $44,285Average Assets, quarterly
  • $43,419Volatile liabilities
  • $1,241Insider loans
  • $826FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $4,756Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,651Total risk weighted assets
  • $30,770Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1995)

  • Dollar figures in thousands
  • $0Total interest income
  • $4,019Total interest expense
  • $1,429Net interest income
  • $2,590Provision for loan and lease losses
  • $235Total noninterest income
  • $288Fiduciary activities
  • $0Service charges on deposit accounts
  • $243Trading account gains & fees
  • $0Additional noninterest income
  • $45Total noninterest expense
  • $2,417Salaries and employee benefits
  • $1,100Premises and equipment expense
  • $457Additional noninterest expense
  • $860Pre-tax net operating income
  • $226Securities gains (losses)
  • $0Applicable income taxes
  • $0Income before extraordinary items
  • $226Extraordinary gains - net
  • $0Net income attributable to bank
  • $226Net charge-offs
  • $91Cash dividends
  • $0Sale, 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
  • 10.24%Cost of funding earning assets
  • 3.64%Net interest margin
  • 6.60%Noninterest income to earning assets
  • 0.73%Noninterest expense to earning assets
  • 6.16%Net operating income to assets
  • 0.51%Return on assets (ROA)
  • 0.51%Pretax return on assets
  • 0.51%Return on equity (ROE)
  • 6.34%Retained earnings to average equity (YTD only)
  • 6.34%Net charge-offs to loans
  • 0.32%Credit loss provision to net charge-offs
  • 258.24%Efficiency ratio
  • 83,982Assets per employee
  • 1.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.78%Loss allowance to noncurrent loans
  • 71.98%Noncurrent assets plus other real estate owned to assets
  • 3.81%Noncurrent loans to loans
  • 3.87%Net loans and leases to deposits
  • 68.96%Net loans and leases to core deposits
  • 70.84%Equity capital to assets
  • 8.63%Core capital (leverage) ratio
  • 8.37%Tier 1 risk-based capital ratio
  • 11.87%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $44,285Average earning assets
  • $3,565Average equity
  • $39,261Average loans

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