Chipola Community Bank in Marianna, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Chipola Community Bank - Overview

  • General
  • FDIC Certificate #: 58034
    Status: Active
    Federal Reserve ID: 3389582
    Date Established: October 31, 2005
    WWW: http://www.chipolacommunitybank.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 #: 436937
    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: October 31, 2005
    Last Structure Change Effective Date: July 05, 2011
    Last Structure Change Process Date: July 19, 2011
    Last Data Update: July 19, 2011
    Data Source Date: April 05, 2012
  • Location
  • Address: 4701 Highway 90, Marianna, FL 32446
    County: Jackson
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
  • Financial Summary
  • Total assets: $40.2 mil
    Equity capital: $1.4 mil
    Deposits held in domestic offices: $37.7 mil
    Return on assets (ROA): -2.26% (-$0.9 mil)
    Quarterly return on assets: -3.13% (-$1.3 mil)
    Return on Equity (ROE): -55.45% (-$0.6 mil)
    Quarterly return on equity: -81.15% (-$0.8 mil)
    Net income: -$1.0 mil
    Quarterly Net income: -$0.3 mil
    Pretax return on assets: -2.26% (-$909.3 mil)
    Quarterly Pretax return on assets: -3.13% (-$1,259.3 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
  • 10Total employees (full-time equivalent)
  • $40,233Total assets
  • $3,205Cash and due from depository institutions
  • $2,349Interest-bearing balances
  • $7,773Securities
  • $917Federal funds sold & reverse repurchase agreements
  • $21,537Net loans & leases
  • $764Loan loss allowance
  • $0Trading account assets
  • $2,682Bank premises and fixed assets
  • $3,601Other real estate owned
  • $0Goodwill and other intangibles
  • $40,233Life insurance assets
  • $518All other assets
  • $38,820Total liabilities and capital
  • $37,686Total liabilities
  • $4,411Total deposits
  • $37,686Interest-bearing deposits
  • $96Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $988Trading liabilities
  • $0Other borrowed funds
  • $146Subordinated debt
  • $1,413All other liabilities
  • $1,413Total equity capital
  • $1,413Total bank equity capital
  • $0Perpetual preferred stock
  • $1,216Common stock
  • $7,835Surplus
  • $-7,638Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,238Income earned, not collected on loans
  • $0Earning assets
  • $114Long-term assets (5+ years)
  • $32,576Average Assets, year-to-date
  • $6,956Average Assets, quarterly
  • $43,157Volatile liabilities
  • $41,434Insider loans
  • $26,419FHLB advances
  • $41,106Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $1,166Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $798Restructured Loans and leases
  • $3,445Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $1,795Total interest income
  • $509Total interest expense
  • $1,286Net interest income
  • $182Provision for loan and lease losses
  • $121Total noninterest income
  • $0Fiduciary activities
  • $94Service charges on deposit accounts
  • $0Trading account gains & fees
  • $27Additional noninterest income
  • $2,202Total noninterest expense
  • $736Salaries and employee benefits
  • $302Premises and equipment expense
  • $1,164Additional noninterest expense
  • -$977Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • -$977Income before extraordinary items
  • $0Extraordinary gains - net
  • -$977Net income attributable to bank
  • $0Net charge-offs
  • -$977Cash dividends
  • $566Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.97%Yield on earning assets
  • 1.41%Cost of funding earning assets
  • 3.56%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 6.10%Noninterest expense to earning assets
  • -2.26%Net operating income to assets
  • -2.26%Return on assets (ROA)
  • -2.26%Pretax return on assets
  • -55.45%Return on equity (ROE)
  • -55.45%Retained earnings to average equity (YTD only)
  • 2.28%Net charge-offs to loans
  • 32.16%Credit loss provision to net charge-offs
  • -1.40%Efficiency ratio
  • 156,503Assets per employee
  • 4.02%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.43%Loss allowance to noncurrent loans
  • 61.71%Noncurrent assets plus other real estate owned to assets
  • 12.03%Noncurrent loans to loans
  • 5.55%Net loans and leases to deposits
  • 57.15%Net loans and leases to core deposits
  • 59.59%Equity capital to assets
  • 3.51%Core capital (leverage) ratio
  • 2.84%Tier 1 risk-based capital ratio
  • 4.41%Total risk-based capital ratio
  • Memoranda
  • $6Average assets
  • $43,157Average earning assets
  • $1,762Average equity
  • $36,094Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0436937Chipola Community Bank4701 Highway 90, Marianna, FL 32446October 31, 2005Full Service Brick and Mortar

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