Community Bank and Trust of Florida in Ocala, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Community Bank and Trust of Florida - Overview

  • General
  • FDIC Certificate #: 34683
    Status: Active
    Federal Reserve ID: 2655495
    Bank Holding Company (Regulatory Top Holder): Florida Community Bankshares, Inc. (RSSDID: 2902005, Location: Ocala, FL)
    Date Established: April 02, 1998
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 8 (Domestic: 8, Interstate: No)
    FDIC's unique #: 61195
    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: All Other Specialization < 1 Billion
    Date of Deposit Insurance: April 02, 1998
    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: 1603 Southwest 19th Avenue, Ocala, FL 34471
    County: Marion
    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): Ocala, FL (#5790)
    Core Based Statistical Area (CBSA): Ocala, FL (#36100)
    CBSA Metro Statistical Area: Ocala, FL (#36100)
  • History of Changes
  • Merge BIF and SAIF Funds into DIF
  • Financial Summary
  • Total assets: $543.2 mil
    Equity capital: $66.1 mil
    Deposits held in domestic offices: $475.2 mil
    Return on assets (ROA): 0.47% ($2.6 mil)
    Quarterly return on assets: 0.89% ($4.8 mil)
    Return on Equity (ROE): 4.81% ($3.2 mil)
    Quarterly return on equity: 7.47% ($4.9 mil)
    Net income: $2.6 mil
    Quarterly Net income: $1.2 mil
    Pretax return on assets: 0.64% ($3,476.7 mil)
    Quarterly Pretax return on assets: 1.32% ($7,170.7 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
  • 104Total employees (full-time equivalent)
  • $543,238Total assets
  • $27,296Cash and due from depository institutions
  • $8,934Interest-bearing balances
  • $189,994Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $288,409Net loans & leases
  • $7,939Loan loss allowance
  • $0Trading account assets
  • $14,402Bank premises and fixed assets
  • $6,616Other real estate owned
  • $0Goodwill and other intangibles
  • $543,238Life insurance assets
  • $16,521All other assets
  • $477,103Total liabilities and capital
  • $475,179Total liabilities
  • $416,620Total deposits
  • $475,179Interest-bearing deposits
  • $81Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,924Subordinated debt
  • $66,135All other liabilities
  • $66,135Total equity capital
  • $66,135Total bank equity capital
  • $0Perpetual preferred stock
  • $5,604Common stock
  • $33,143Surplus
  • $27,388Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $5,342Income earned, not collected on loans
  • $0Earning assets
  • $2,384Long-term assets (5+ years)
  • $487,337Average Assets, year-to-date
  • $166,033Average Assets, quarterly
  • $549,370Volatile liabilities
  • $551,637Insider loans
  • $324,504FHLB advances
  • $549,294Loans and leases held for sale
  • $9,843Unused loan commitments
  • $2,059Tier 1 (core) risk-based capital
  • $63,401Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $7,784Total unused commitments
  • $60,581Restructured Loans and leases
  • $18,127Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $22,955Total interest income
  • $4,717Total interest expense
  • $18,238Net interest income
  • $7,200Provision for loan and lease losses
  • $2,014Total noninterest income
  • $751Fiduciary activities
  • $714Service charges on deposit accounts
  • $0Trading account gains & fees
  • $549Additional noninterest income
  • $11,987Total noninterest expense
  • $6,072Salaries and employee benefits
  • $1,464Premises and equipment expense
  • $4,451Additional noninterest expense
  • $1,065Pre-tax net operating income
  • $2,436Securities gains (losses)
  • $898Applicable income taxes
  • $2,603Income before extraordinary items
  • $0Extraordinary gains - net
  • $2,603Net income attributable to bank
  • $0Net charge-offs
  • $2,603Cash dividends
  • $6,743Sale, 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
  • 0.95%Cost of funding earning assets
  • 3.65%Net interest margin
  • 0.40%Noninterest income to earning assets
  • 2.40%Noninterest expense to earning assets
  • 0.15%Net operating income to assets
  • 0.47%Return on assets (ROA)
  • 0.64%Pretax return on assets
  • 4.81%Return on equity (ROE)
  • 4.81%Retained earnings to average equity (YTD only)
  • 2.15%Net charge-offs to loans
  • 106.78%Credit loss provision to net charge-offs
  • 1.23%Efficiency ratio
  • 59,189Assets per employee
  • 5.22%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.68%Loss allowance to noncurrent loans
  • 148.61%Noncurrent assets plus other real estate owned to assets
  • 2.20%Noncurrent loans to loans
  • 1.80%Net loans and leases to deposits
  • 60.69%Net loans and leases to core deposits
  • 66.71%Equity capital to assets
  • 12.17%Core capital (leverage) ratio
  • 11.54%Tier 1 risk-based capital ratio
  • 19.54%Total risk-based capital ratio
  • Memoranda
  • $21Average assets
  • $549,370Average earning assets
  • $54,072Average equity
  • $499,080Average loans

Total Fiduciary and Related Assets (December 31, 2011)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $107,589Managed Assets
  • 1Number of Accounts
  • $92,194Personal trust and agency accounts
  • $50,369Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $8,029Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $29,086Other fiduciary accounts
  • $4,710Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 149Number of Accounts
  • $0Personal trust and agency accounts
  • $7,414Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $15,395Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $5,162Fiduciary accounts held in foreign offices

List of branches

  • 8 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    061195Community Bank And Trust Of Florida1603 Southwest 19th Avenue, Ocala, FL 34471April 02, 1998Full Service Brick and Mortar
    1290779Ocala Branch6850 North U.S. Highway 27, Ocala, FL 34482December 21, 1998Full Service Brick and Mortar
    2358853Belleview Branch10131 S.E.u.s. Highway 441, Belleview, FL 34420November 30, 2000Full Service Brick and Mortar
    3358854East Branch1520 East Silver Springs Boulevard, Ocala, FL 34471October 25, 2000Full Service Brick and Mortar
    4433282North Office7139 North U.S. Hwy 441, Ocala, FL 34475November 22, 2004Full Service Brick and Mortar
    5446234Heath Commons Shopping Center Branch5450 Sw College Road, Ocala, FL 34474December 16, 2005Full Service Brick and Mortar
    6453847The Villages Financial Center Branch2285 Parr Drive, The Villages, FL 32162July 17, 2006Full Service Brick and Mortar
    7512604Gainesville Branch6120 Ne 1st Place, Gainesville, FL 32607September 02, 2010Full Service Brick and Mortar

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