Central Bank in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Central Bank - Overview

  • General
  • FDIC Certificate #: 58377
    Status: Active
    Federal Reserve ID: 3468450
    Bank Holding Company (Regulatory Top Holder): Central Financial Holdings, Inc. (RSSDID: 3468478, Location: Tampa, FL)
    Date Established: Febuary 26, 2007
    WWW: http://www.centralbankfl.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 448948
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    Ownership Type: Non-Stock
    FFIEC Call Report 31 Filer: No
    State Chartered: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 26, 2007
    Last Structure Change Effective Date: August 20, 2009
    Last Structure Change Process Date: August 25, 2009
    Last Data Update: August 25, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 20701 Bruce B. Downs Blvd, Tampa, FL 33647
    County: Hillsborough
    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: $72.8 mil
    Equity capital: $10.7 mil
    Deposits held in domestic offices: $61.9 mil
    Return on assets (ROA): 1.24% ($0.9 mil)
    Quarterly return on assets: -0.97% (-$0.7 mil)
    Return on Equity (ROE): 10.18% ($1.1 mil)
    Quarterly return on equity: -6.80% (-$0.7 mil)
    Net income: $1.0 mil
    Quarterly Net income: -$0.2 mil
    Pretax return on assets: 0.47% ($342.0 mil)
    Quarterly Pretax return on assets: -1.54% (-$1,120.6 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, 2011)

  • Dollar figures in thousands
  • 15Total employees (full-time equivalent)
  • $72,765Total assets
  • $3,868Cash and due from depository institutions
  • $2,451Interest-bearing balances
  • $13,200Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $49,728Net loans & leases
  • $1,922Loan loss allowance
  • $0Trading account assets
  • $4,756Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $72,765Life insurance assets
  • $1,213All other assets
  • $62,086Total liabilities and capital
  • $61,916Total liabilities
  • $57,451Total deposits
  • $61,916Interest-bearing deposits
  • $87Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $170Subordinated debt
  • $10,679All other liabilities
  • $10,679Total equity capital
  • $10,679Total bank equity capital
  • $0Perpetual preferred stock
  • $6,950Common stock
  • $6,950Surplus
  • $-3,221Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $99Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $209Income earned, not collected on loans
  • $0Earning assets
  • $216Long-term assets (5+ years)
  • $65,379Average Assets, year-to-date
  • $14,577Average Assets, quarterly
  • $77,687Volatile liabilities
  • $76,231Insider loans
  • $60,819FHLB advances
  • $76,067Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $10,264Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,876Restructured Loans and leases
  • $1,982Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,713Total interest income
  • $956Total interest expense
  • $2,757Net interest income
  • $994Provision for loan and lease losses
  • $1,218Total noninterest income
  • $0Fiduciary activities
  • $17Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,201Additional noninterest income
  • $2,614Total noninterest expense
  • $1,499Salaries and employee benefits
  • $149Premises and equipment expense
  • $966Additional noninterest expense
  • $367Pre-tax net operating income
  • $0Securities gains (losses)
  • -$594Applicable income taxes
  • $961Income before extraordinary items
  • $0Extraordinary gains - net
  • $961Net income attributable to bank
  • $0Net charge-offs
  • $961Cash dividends
  • $829Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 5.26%Yield on earning assets
  • 1.36%Cost of funding earning assets
  • 3.91%Net interest margin
  • 1.73%Noninterest income to earning assets
  • 3.71%Noninterest expense to earning assets
  • 1.24%Net operating income to assets
  • 1.24%Return on assets (ROA)
  • 0.47%Pretax return on assets
  • 10.18%Return on equity (ROE)
  • 10.18%Retained earnings to average equity (YTD only)
  • 1.59%Net charge-offs to loans
  • 119.90%Credit loss provision to net charge-offs
  • 1.64%Efficiency ratio
  • 65,761Assets per employee
  • 4.85%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.72%Loss allowance to noncurrent loans
  • 919.62%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.40%Net loans and leases to deposits
  • 80.32%Net loans and leases to core deposits
  • 86.77%Equity capital to assets
  • 14.68%Core capital (leverage) ratio
  • 13.49%Tier 1 risk-based capital ratio
  • 16.88%Total risk-based capital ratio
  • Memoranda
  • $18Average assets
  • $77,687Average earning assets
  • $9,438Average equity
  • $70,527Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0448948Central Bank20701 Bruce B. Downs Blvd, Tampa, FL 33647Febuary 26, 2007Full Service Brick and Mortar

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 Central 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.
Table of Contents