Columbia Bank in Lake City, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


Columbia Bank - Overview

  • General
  • FDIC Certificate #: 5677
    Status: Active
    Federal Reserve ID: 216632
    Bank Holding Company (Regulatory Top Holder): First Columbia Bancorp, Inc. (RSSDID: 3058516, Location: Lake City, FL)
    Date Established: January 01, 1912
    WWW: http://www.columbiabankflorida.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 3863
    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: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: July 01, 2006
    Last Structure Change Process Date: July 12, 2006
    Last Data Update: July 12, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 173 Northwest Hillsboro Street, Lake City, FL 32055
    County: Columbia
    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
    Core Based Statistical Area (CBSA): Lake City, FL (#29380)
    CBSA Micro Statistical Area: Yes
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $219.3 mil
    Equity capital: $19.9 mil
    Deposits held in domestic offices: $170.7 mil
    Return on assets (ROA): -3.80% (-$8.3 mil)
    Quarterly return on assets: -8.95% (-$19.6 mil)
    Return on Equity (ROE): -42.78% (-$8.6 mil)
    Quarterly return on equity: -100.21% (-$20.0 mil)
    Net income: -$8.6 mil
    Quarterly Net income: -$5.0 mil
    Pretax return on assets: -3.80% (-$8,331.5 mil)
    Quarterly Pretax return on assets: -8.95% (-$19,622.9 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, 2011)

  • Dollar figures in thousands
  • 56Total employees (full-time equivalent)
  • $219,250Total assets
  • $5,507Cash and due from depository institutions
  • $337Interest-bearing balances
  • $57,246Securities
  • $3,500Federal funds sold & reverse repurchase agreements
  • $140,625Net loans & leases
  • $6,390Loan loss allowance
  • $0Trading account assets
  • $4,943Bank premises and fixed assets
  • $4,956Other real estate owned
  • $0Goodwill and other intangibles
  • $219,250Life insurance assets
  • $2,473All other assets
  • $199,310Total liabilities and capital
  • $170,658Total liabilities
  • $153,979Total deposits
  • $170,658Interest-bearing deposits
  • $91Deposits held in domestic offices
  • 17004.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $10,000Trading liabilities
  • $0Other borrowed funds
  • $1,648Subordinated debt
  • $19,940All other liabilities
  • $19,940Total equity capital
  • $19,940Total bank equity capital
  • $0Perpetual preferred stock
  • $400Common stock
  • $16,855Surplus
  • $2,685Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $28,128Income earned, not collected on loans
  • $0Earning assets
  • $721Long-term assets (5+ years)
  • $201,708Average Assets, year-to-date
  • $92,738Average Assets, quarterly
  • $227,608Volatile liabilities
  • $224,036Insider loans
  • $149,593FHLB advances
  • $227,121Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,191Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $10,424Restructured Loans and leases
  • $3,301Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,812Total interest income
  • $2,579Total interest expense
  • $7,233Net interest income
  • $7,620Provision for loan and lease losses
  • $517Total noninterest income
  • $0Fiduciary activities
  • $358Service charges on deposit accounts
  • $0Trading account gains & fees
  • $159Additional noninterest income
  • $8,881Total noninterest expense
  • $3,635Salaries and employee benefits
  • $846Premises and equipment expense
  • $4,400Additional noninterest expense
  • -$8,751Pre-tax net operating income
  • $110Securities gains (losses)
  • $0Applicable income taxes
  • -$8,641Income before extraordinary items
  • $0Extraordinary gains - net
  • -$8,641Net income attributable to bank
  • $0Net charge-offs
  • -$8,641Cash dividends
  • $5,575Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.60%Yield on earning assets
  • 1.21%Cost of funding earning assets
  • 3.39%Net interest margin
  • 0.24%Noninterest income to earning assets
  • 4.16%Noninterest expense to earning assets
  • -3.84%Net operating income to assets
  • -3.80%Return on assets (ROA)
  • -3.80%Pretax return on assets
  • -42.78%Return on equity (ROE)
  • -42.78%Retained earnings to average equity (YTD only)
  • 3.53%Net charge-offs to loans
  • 136.68%Credit loss provision to net charge-offs
  • -0.20%Efficiency ratio
  • 114,594Assets per employee
  • 3.92%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 4.35%Loss allowance to noncurrent loans
  • 22.72%Noncurrent assets plus other real estate owned to assets
  • 15.09%Noncurrent loans to loans
  • 19.13%Net loans and leases to deposits
  • 82.40%Net loans and leases to core deposits
  • 88.01%Equity capital to assets
  • 9.09%Core capital (leverage) ratio
  • 8.45%Tier 1 risk-based capital ratio
  • 12.83%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $227,608Average earning assets
  • $20,201Average equity
  • $213,424Average loans

List of branches

  • 4 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    03863Columbia Bank173 Northwest Hillsboro Street, Lake City, FL 32055January 01, 1912Full Service Brick and Mortar
    3207993Westside Office1720 West U.S. Highway 90, Lake City, FL 32055December 12, 1989Full Service Brick and Mortar
    4362569South Office514 Sthy 47, Lake City, FL 32025September 17, 2001Full Service Brick and Mortar
    5419068Turner Road Office4785 Sthy 90, Lake City, FL 32055March 03, 2003Full Service Brick and Mortar

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