Compass Bank in Jacksonville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 1994

  • Compass Bank in Jacksonville, Florida (FL)
  • Show street view No street view available for this location

Compass Bank - Overview

  • General
  • FDIC Certificate #: 30514
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: Compass Bank (#33461)
    Federal Reserve ID: 525772
    Date Established: August 17, 1951
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 5482
    FDIC's unique #: 43348
    Numeric code: 33
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    Oakar Institutions: Yes
    State Chartered: No
    Date of Deposit Insurance: August 17, 1951
    Last Structure Change Effective Date: December 31, 1994
    Last Structure Change Process Date: January 25, 1995
    Last Data Update: December 20, 1999
    Data Source Date: April 05, 2012
  • Location
  • Address: 76 South Laura Street, Jacksonville, FL 32202
    County: Duval
    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): Jacksonville, FL (#3600)
    Core Based Statistical Area (CBSA): Jacksonville, FL (#27260)
    CBSA Metro Statistical Area: Jacksonville, FL (#27260)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $454.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $81Total assets
  • $146,401Cash and due from depository institutions
  • $4,507Interest-bearing balances
  • $3,056Securities
  • $11,778Federal funds sold & reverse repurchase agreements
  • $9,478Net loans & leases
  • $107,968Loan loss allowance
  • $3,359Trading account assets
  • $0Bank premises and fixed assets
  • $3,040Other real estate owned
  • $1,318Goodwill and other intangibles
  • $3,423Life insurance assets
  • $4,889All other assets
  • $0Total liabilities and capital
  • $146,401Total liabilities
  • $129,363Total deposits
  • $127,176Interest-bearing deposits
  • $124,636Deposits held in domestic offices
  • 127176.00%% insured (estimated)
  • $95Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $2,187Total equity capital
  • $2,187Total bank equity capital
  • $17,038Perpetual preferred stock
  • $0Common stock
  • $1Surplus
  • $18,588Undivided profits
  • Memoranda
  • $-1,551Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $284Income earned, not collected on loans
  • $650Earning assets
  • $132,280Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $111,188Average Assets, quarterly
  • $125,207Volatile liabilities
  • $12,384Insider loans
  • $425FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $1,560Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $12,149Total risk weighted assets
  • $78,980Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $1,998Total interest expense
  • $1,060Net interest income
  • $938Provision for loan and lease losses
  • $2,475Total noninterest income
  • $558Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $558Total noninterest expense
  • $1,277Salaries and employee benefits
  • $398Premises and equipment expense
  • $267Additional noninterest expense
  • $612Pre-tax net operating income
  • -$2,256Securities gains (losses)
  • $0Applicable income taxes
  • -$730Income before extraordinary items
  • -$1,526Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,526Net charge-offs
  • $0Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $12,921Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 1.94%Cost of funding earning assets
  • 1.03%Net interest margin
  • 0.91%Noninterest income to earning assets
  • 0.54%Noninterest expense to earning assets
  • 1.24%Net operating income to assets
  • -1.37%Return on assets (ROA)
  • -1.37%Pretax return on assets
  • -2.03%Return on equity (ROE)
  • -13.10%Retained earnings to average equity (YTD only)
  • -13.10%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 83,222Assets per employee
  • 1.81%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.02%Loss allowance to noncurrent loans
  • 1182.75%Noncurrent assets plus other real estate owned to assets
  • 1.09%Noncurrent loans to loans
  • 0.26%Net loans and leases to deposits
  • 84.90%Net loans and leases to core deposits
  • 94.06%Equity capital to assets
  • 11.64%Core capital (leverage) ratio
  • 8.59%Tier 1 risk-based capital ratio
  • 15.38%Total risk-based capital ratio
  • Memoranda
  • $17Average assets
  • $111,188Average earning assets
  • $11,651Average equity
  • $103,027Average loans

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