Encore Bank, National Association in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of June 30, 2007

  • Encore Bank, National Association in Naples, Florida (FL)
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Encore Bank, National Association - Overview

  • General
  • FDIC Certificate #: 30297
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Encore Bank, National Association (#34378)
    Federal Reserve ID: 18078
    Date Established: January 01, 1928
    WWW: http://www.encorebank.com
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 17 (Interstate: No)
    OTS Docket #: 5128
    FDIC's unique #: 43131
    Numeric code: 3
    Regulator: OCC
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: No
    Date of Deposit Insurance: November 08, 1946
    Last Structure Change Effective Date: June 30, 2007
    Last Structure Change Process Date: July 17, 2007
    Last Data Update: July 17, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 10600 Tamiami Trail, N, Suite 604, Naples, FL 34108
    County: Collier
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Naples, FL (#5345)
    Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
    CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
  • Financial Summary
  • Total assets: $1,292.3 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, 2006)

  • Dollar figures in thousands
  • 316Total employees (full-time equivalent)
  • $1,335,766Total assets
  • $30,330Cash and due from depository institutions
  • $3,766Interest-bearing balances
  • $256,257Securities
  • $8,764Federal funds sold & reverse repurchase agreements
  • $957,097Net loans & leases
  • $9,056Loan loss allowance
  • $0Trading account assets
  • $12,290Bank premises and fixed assets
  • $585Other real estate owned
  • $35,487Goodwill and other intangibles
  • $13,551Life insurance assets
  • $34,956All other assets
  • $1,335,766Total liabilities and capital
  • $1,212,005Total liabilities
  • $1,032,042Total deposits
  • $985,802Interest-bearing deposits
  • $1,032,042Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $56,300Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $115,432Other borrowed funds
  • $0Subordinated debt
  • $8,231All other liabilities
  • $123,761Total equity capital
  • $123,761Total bank equity capital
  • $123,761Perpetual preferred stock
  • $0Common stock
  • $250Surplus
  • $121,631Undivided profits
  • Memoranda
  • $1,880Noncurrent loans and leases
  • $267,829Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $9,507Earning assets
  • $0Long-term assets (5+ years)
  • $6,101Average Assets, year-to-date
  • $1,225,884Average Assets, quarterly
  • $0Volatile liabilities
  • $1,320,696Insider loans
  • $1,316,569FHLB advances
  • $843,932Loans and leases held for sale
  • $9,015Unused loan commitments
  • $115,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $267,829Total unused commitments
  • $343Restructured Loans and leases
  • $9,056Derivatives

Income and Expense (December 31, 2006)

  • Dollar figures in thousands
  • $75,818Total interest income
  • $43,909Total interest expense
  • $31,909Net interest income
  • $3,491Provision for loan and lease losses
  • $25,011Total noninterest income
  • $0Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $25,011Additional noninterest income
  • $48,347Total noninterest expense
  • $29,970Salaries and employee benefits
  • $10,480Premises and equipment expense
  • $7,897Additional noninterest expense
  • $5,082Pre-tax net operating income
  • $9,571Securities gains (losses)
  • $5,088Applicable income taxes
  • $9,565Income before extraordinary items
  • $0Extraordinary gains - net
  • $9,565Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $3,154Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2006)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.27%Yield on earning assets
  • 3.63%Cost of funding earning assets
  • 2.64%Net interest margin
  • 2.07%Noninterest income to earning assets
  • 4.00%Noninterest expense to earning assets
  • 0.25%Net operating income to assets
  • 0.72%Return on assets (ROA)
  • 1.11%Pretax return on assets
  • 8.05%Return on equity (ROE)
  • 8.05%Retained earnings to average equity (YTD only)
  • 0.35%Net charge-offs to loans
  • 110.68%Credit loss provision to net charge-offs
  • 2.72%Efficiency ratio
  • 83,210Assets per employee
  • 4.23%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.94%Loss allowance to noncurrent loans
  • 95.26%Noncurrent assets plus other real estate owned to assets
  • 0.73%Noncurrent loans to loans
  • 0.98%Net loans and leases to deposits
  • 92.74%Net loans and leases to core deposits
  • 265.98%Equity capital to assets
  • 9.27%Core capital (leverage) ratio
  • 6.90%Tier 1 risk-based capital ratio
  • 10.17%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $1,320,696Average earning assets
  • $118,852Average equity
  • $1,209,677Average loans

Total Fiduciary and Related Assets (December 31, 2006)

  • Dollar figures in thousands
  • $1Total fiduciary and related assets
  • 1Number of Fiduciary Accounts and Related Asset Accounts
  • YesFiduciary powers granted
  • YesFiduciary or related activity
  • $790,769Managed Assets
  • 1Number of Accounts
  • $753,907Personal trust and agency accounts
  • $697,351Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $5,739Other retirement accounts
  • $7,670Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $43,147Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 2465Number of Accounts
  • $0Personal trust and agency accounts
  • $0Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $36,862Other retirement accounts
  • $1,018Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $19,493Fiduciary accounts held in foreign offices

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