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

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