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

This bank is inactive as of January 01, 2003

  • Central Bank of Tampa in Tampa, Florida (FL)
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Central Bank of Tampa - Overview

  • General
  • FDIC Certificate #: 16502
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Mercantile Bank (#27515)
    Federal Reserve ID: 551333
    Date Established: November 01, 1946
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 5 (Interstate: No)
    OTS Docket #: 14444
    FDIC's unique #: 10662
    Numeric code: 21
    Regulator: FDIC
    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: November 01, 1946
    Last Structure Change Effective Date: January 01, 2003
    Last Structure Change Process Date: January 17, 2003
    Last Data Update: January 17, 2003
    Data Source Date: April 05, 2012
  • Location
  • Address: 2307 West Kennedy Boulevard, Tampa, FL 33677
    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: $223.2 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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
  • 62Total employees (full-time equivalent)
  • $223,175Total assets
  • $6,662Cash and due from depository institutions
  • $0Interest-bearing balances
  • $72,961Securities
  • $31,292Federal funds sold & reverse repurchase agreements
  • $100,854Net loans & leases
  • $1,081Loan loss allowance
  • $0Trading account assets
  • $8,301Bank premises and fixed assets
  • $0Other real estate owned
  • $59Goodwill and other intangibles
  • $0Life insurance assets
  • $3,046All other assets
  • $223,175Total liabilities and capital
  • $194,121Total liabilities
  • $176,870Total deposits
  • $144,085Interest-bearing deposits
  • $176,870Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $6,221Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $8,384Other borrowed funds
  • $0Subordinated debt
  • $2,646All other liabilities
  • $29,054Total equity capital
  • $29,054Total bank equity capital
  • $29,054Perpetual preferred stock
  • $0Common stock
  • $1,646Surplus
  • $1,997Undivided profits
  • Memoranda
  • $25,411Noncurrent loans and leases
  • $27,636Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $648Earning assets
  • $0Long-term assets (5+ years)
  • $1,462Average Assets, year-to-date
  • $205,107Average Assets, quarterly
  • $65,519Volatile liabilities
  • $213,790Insider loans
  • $219,216FHLB advances
  • $64,470Loans and leases held for sale
  • $70Unused loan commitments
  • $6,600Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $27,636Total unused commitments
  • $403Restructured Loans and leases
  • $1,081Derivatives

Income and Expense (December 31, 2002)

  • Dollar figures in thousands
  • $13,352Total interest income
  • $4,196Total interest expense
  • $9,156Net interest income
  • $60Provision for loan and lease losses
  • $1,565Total noninterest income
  • $0Fiduciary activities
  • $1,406Service charges on deposit accounts
  • $0Trading account gains & fees
  • $159Additional noninterest income
  • $6,482Total noninterest expense
  • $4,326Salaries and employee benefits
  • $855Premises and equipment expense
  • $1,301Additional noninterest expense
  • $4,179Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,368Applicable income taxes
  • $2,811Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,811Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $187Sale, conversion, retirement of capital stock, net
  • $1,530Net operating income

Performance and Condition Ratios (December 31, 2002)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.90%Yield on earning assets
  • 2.17%Cost of funding earning assets
  • 4.73%Net interest margin
  • 0.81%Noninterest income to earning assets
  • 3.35%Noninterest expense to earning assets
  • 1.31%Net operating income to assets
  • 1.31%Return on assets (ROA)
  • 1.95%Pretax return on assets
  • 9.92%Return on equity (ROE)
  • 4.52%Retained earnings to average equity (YTD only)
  • 0.18%Net charge-offs to loans
  • 32.09%Credit loss provision to net charge-offs
  • 22.67%Efficiency ratio
  • 59,910Assets per employee
  • 3.60%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 54.43%Loss allowance to loans
  • 1.06%Loss allowance to noncurrent loans
  • 166.82%Noncurrent assets plus other real estate owned to assets
  • 0.29%Noncurrent loans to loans
  • 0.64%Net loans and leases to deposits
  • 57.02%Net loans and leases to core deposits
  • 79.41%Equity capital to assets
  • 13.02%Core capital (leverage) ratio
  • 12.23%Tier 1 risk-based capital ratio
  • 20.44%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $213,790Average earning assets
  • $28,351Average equity
  • $193,608Average loans

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