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


Century Bank of Florida - Overview

  • General
  • 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
  • NoIDNameAddressEstablishedService TypeMap
    081669Century Bank Of Florida716 West Fletcher Avenue, Tampa, FL 33612September 11, 2000Full Service Brick and Mortar

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