Citizens National Bank of Leesburg in Leesburg, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 28, 1997

  • Citizens National Bank of Leesburg in Leesburg, Florida (FL)
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Citizens National Bank of Leesburg - Overview

  • General
  • FDIC Certificate #: 17203
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: The Huntington National Bank of Florida (#26830)
    Federal Reserve ID: 637134
    Date Established: April 11, 1953
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 11232
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    State Chartered: No
    Date of Deposit Insurance: April 11, 1953
    Last Structure Change Effective Date: Febuary 28, 1997
    Last Structure Change Process Date: March 13, 1997
    Last Data Update: March 13, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 1211 North Boulevard West, Leesburg, FL 34749
    County: Lake
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Orlando, FL (#5960)
    Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
    Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740)
    CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
  • Financial Summary
  • Total assets: $536.3 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $194Total assets
  • $536,330Cash and due from depository institutions
  • $16,839Interest-bearing balances
  • $0Securities
  • $197,780Federal funds sold & reverse repurchase agreements
  • $9,072Net loans & leases
  • $297,103Loan loss allowance
  • $4,029Trading account assets
  • $0Bank premises and fixed assets
  • $9,828Other real estate owned
  • $500Goodwill and other intangibles
  • $5,208Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $536,330Total liabilities
  • $480,931Total deposits
  • $466,053Interest-bearing deposits
  • $416,445Deposits held in domestic offices
  • 466053.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $10,542Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $4,336Total equity capital
  • $4,336Total bank equity capital
  • $55,399Perpetual preferred stock
  • $0Common stock
  • $7,500Surplus
  • $7,992Undivided profits
  • Memoranda
  • $39,907Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $1,324Income earned, not collected on loans
  • $1,652Earning assets
  • $503,955Long-term assets (5+ years)
  • $182,495Average Assets, year-to-date
  • $523,411Average Assets, quarterly
  • $530,201Volatile liabilities
  • $48,207Insider loans
  • $4,869FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $33,803Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $52,712Total risk weighted assets
  • $295,954Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $38,996Total interest expense
  • $18,197Net interest income
  • $20,799Provision for loan and lease losses
  • $350Total noninterest income
  • $3,104Fiduciary activities
  • $925Service charges on deposit accounts
  • $1,715Trading account gains & fees
  • $0Additional noninterest income
  • $464Total noninterest expense
  • $13,555Salaries and employee benefits
  • $7,411Premises and equipment expense
  • $2,432Additional noninterest expense
  • $3,712Pre-tax net operating income
  • $9,998Securities gains (losses)
  • $66Applicable income taxes
  • $2,618Income before extraordinary items
  • $7,446Extraordinary gains - net
  • $0Net income attributable to bank
  • $7,446Net charge-offs
  • $121Cash dividends
  • $2,204Sale, conversion, retirement of capital stock, net
  • $416Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 7.95%Cost of funding earning assets
  • 3.71%Net interest margin
  • 4.24%Noninterest income to earning assets
  • 0.63%Noninterest expense to earning assets
  • 2.76%Net operating income to assets
  • 1.41%Return on assets (ROA)
  • 1.42%Pretax return on assets
  • 1.92%Return on equity (ROE)
  • 14.52%Retained earnings to average equity (YTD only)
  • 10.22%Net charge-offs to loans
  • 0.04%Credit loss provision to net charge-offs
  • 289.26%Efficiency ratio
  • 56,708Assets per employee
  • 2.76%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 29.60%Loss allowance to loans
  • 1.34%Loss allowance to noncurrent loans
  • 304.31%Noncurrent assets plus other real estate owned to assets
  • 0.34%Noncurrent loans to loans
  • 0.44%Net loans and leases to deposits
  • 63.75%Net loans and leases to core deposits
  • 69.35%Equity capital to assets
  • 10.33%Core capital (leverage) ratio
  • 9.82%Tier 1 risk-based capital ratio
  • 17.81%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $523,411Average earning assets
  • $51,267Average equity
  • $490,422Average loans

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