FDIC Certificate #: 35558 Status: Active Federal Reserve ID: 2939001 Bank Holding Company (Regulatory Top Holder): Century Bancshares Of Florida, Inc. (RSSDID: 3492790, Location: Tampa, FL) Date Established: September 11, 2000 WWW:http://www.centurybk.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) Offices: 1 (Domestic: 1, Interstate: No) FDIC's unique #: 81669 Numeric code: 13 Regulator: FED 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: Yes Asset Concentration Hierarchy: Commercial Lending Specialization Date of Deposit Insurance: September 11, 2000 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 716 West Fletcher Avenue, Tampa, FL 33612 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)
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $69.2 mil Equity capital: $6.2 mil Deposits held in domestic offices: $50.5 mil Return on assets (ROA): -0.43% (-$0.3 mil) Quarterly return on assets: -0.57% (-$0.4 mil) Return on Equity (ROE): -5.01% (-$0.3 mil) Quarterly return on equity: -6.53% (-$0.4 mil) Net income: -$0.3 mil Quarterly Net income: -$0.1 mil Pretax return on assets: -0.43% (-$297.8 mil) Quarterly Pretax return on assets: -0.57% (-$394.7 mil)
2000 - 2011 Historical total assets, liabilities and capital ($ 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
16Total employees (full-time equivalent)
$69,249Total assets
$8,993Cash and due from depository institutions
$8,540Interest-bearing balances
$5,993Securities
$0Federal funds sold & reverse repurchase agreements
$45,520Net loans & leases
$1,434Loan loss allowance
$0Trading account assets
$3,465Bank premises and fixed assets
$1,397Other real estate owned
$0Goodwill and other intangibles
$69,249Life insurance assets
$3,881All other assets
$63,061Total liabilities and capital
$50,470Total liabilities
$41,765Total deposits
$50,470Interest-bearing deposits
$92Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$12,000Trading liabilities
$0Other borrowed funds
$591Subordinated debt
$6,188All other liabilities
$6,188Total equity capital
$6,188Total bank equity capital
$0Perpetual preferred stock
$4,312Common stock
$7,121Surplus
$-5,245Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$3,271Income earned, not collected on loans
$0Earning assets
$244Long-term assets (5+ years)
$60,053Average Assets, year-to-date
$4,463Average Assets, quarterly
$73,971Volatile liabilities
$71,305Insider loans
$48,654FHLB advances
$72,258Loans and leases held for sale
$2,696Unused loan commitments
$1,369Tier 1 (core) risk-based capital
$6,001Tier 2 risk-based capital
$0Total risk weighted assets
$1,327Total unused commitments
$4,785Restructured Loans and leases
$1,336Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$3,423Total interest income
$1,351Total interest expense
$2,072Net interest income
$247Provision for loan and lease losses
$310Total noninterest income
$0Fiduciary activities
$206Service charges on deposit accounts
$0Trading account gains & fees
$104Additional noninterest income
$2,453Total noninterest expense
$1,298Salaries and employee benefits
$304Premises and equipment expense
$851Additional noninterest expense
-$318Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$318Income before extraordinary items
$0Extraordinary gains - net
-$318Net income attributable to bank
$0Net charge-offs
-$318Cash dividends
$601Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.27%Yield on earning assets
2.08%Cost of funding earning assets
3.19%Net interest margin
0.48%Noninterest income to earning assets
3.78%Noninterest expense to earning assets
-0.43%Net operating income to assets
-0.43%Return on assets (ROA)
-0.43%Pretax return on assets
-5.01%Return on equity (ROE)
-5.01%Retained earnings to average equity (YTD only)
1.24%Net charge-offs to loans
41.10%Credit loss provision to net charge-offs
-0.12%Efficiency ratio
102,981Assets per employee
4.33%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
3.05%Loss allowance to noncurrent loans
43.84%Noncurrent assets plus other real estate owned to assets
6.74%Noncurrent loans to loans
6.97%Net loans and leases to deposits
90.19%Net loans and leases to core deposits
94.63%Equity capital to assets
8.94%Core capital (leverage) ratio
8.30%Tier 1 risk-based capital ratio
12.33%Total risk-based capital ratio
Memoranda
$14Average assets
$73,971Average earning assets
$6,341Average equity
$64,900Average loans
List of branches
1 Florida Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
81669
Century Bank Of Florida
716 West Fletcher Avenue, Tampa, FL 33612
September 11, 2000
Full Service Brick and Mortar
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