Englewood Bank & Trust in Englewood, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Englewood Bank & Trust - Overview

  • General
  • FDIC Certificate #: 27205
    Status: Active
    Federal Reserve ID: 1186965
    Bank Holding Company (Regulatory Top Holder): Crews Banking Corporation (RSSDID: 1081239, Location: Wauchula, FL)
    Date Established: April 04, 1988
    WWW: http://www.englewoodbankandtrust.com
    Trust Powers Granted: Yes
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 4 (Domestic: 4, Interstate: No)
    FDIC's unique #: 39108
    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: April 04, 1988
    Last Structure Change Effective Date: January 01, 2012
    Last Structure Change Process Date: January 20, 2012
    Last Data Update: January 20, 2012
    Data Source Date: April 05, 2012
  • Location
  • Address: 1111 South Mccall Road, Englewood, FL 34223
    County: Charlotte
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Tampa
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Punta Gorda, FL (#6580)
    Combined Statistical Area (CSA): Sarasota-Bradenton-Punta Gorda, FL (#494)
    Core Based Statistical Area (CBSA): Punta Gorda, FL (#39460)
    CBSA Metro Statistical Area: Punta Gorda, FL (#39460)
  • History of Changes
  • Name Change
  • Financial Summary
  • Total assets: $173.8 mil
    Equity capital: $16.3 mil
    Deposits held in domestic offices: $156.7 mil
    Return on assets (ROA): -0.95% (-$1.7 mil)
    Quarterly return on assets: -1.93% (-$3.4 mil)
    Return on Equity (ROE): -10.34% (-$1.7 mil)
    Quarterly return on equity: -20.38% (-$3.3 mil)
    Net income: -$1.7 mil
    Quarterly Net income: -$0.8 mil
    Pretax return on assets: -0.95% (-$1,650.7 mil)
    Quarterly Pretax return on assets: -1.93% (-$3,353.5 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
  • 43Total employees (full-time equivalent)
  • $173,758Total assets
  • $7,677Cash and due from depository institutions
  • $6,251Interest-bearing balances
  • $33,548Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $121,509Net loans & leases
  • $7,251Loan loss allowance
  • $0Trading account assets
  • $6,149Bank premises and fixed assets
  • $1,196Other real estate owned
  • $1,106Goodwill and other intangibles
  • $173,758Life insurance assets
  • $2,573All other assets
  • $157,446Total liabilities and capital
  • $156,668Total liabilities
  • $105,944Total deposits
  • $156,668Interest-bearing deposits
  • $95Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $778Subordinated debt
  • $16,312All other liabilities
  • $16,312Total equity capital
  • $16,312Total bank equity capital
  • $0Perpetual preferred stock
  • $13,050Common stock
  • $19,400Surplus
  • $-16,138Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,677Income earned, not collected on loans
  • $0Earning assets
  • $720Long-term assets (5+ years)
  • $161,308Average Assets, year-to-date
  • $58,886Average Assets, quarterly
  • $174,506Volatile liabilities
  • $171,413Insider loans
  • $118,320FHLB advances
  • $169,790Loans and leases held for sale
  • $956Unused loan commitments
  • $956Tier 1 (core) risk-based capital
  • $14,773Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $6,605Restructured Loans and leases
  • $4,046Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $7,038Total interest income
  • $523Total interest expense
  • $6,515Net interest income
  • $3,761Provision for loan and lease losses
  • $691Total noninterest income
  • $193Fiduciary activities
  • $190Service charges on deposit accounts
  • $0Trading account gains & fees
  • $308Additional noninterest income
  • $5,152Total noninterest expense
  • $2,400Salaries and employee benefits
  • $642Premises and equipment expense
  • $2,110Additional noninterest expense
  • -$1,707Pre-tax net operating income
  • $54Securities gains (losses)
  • $0Applicable income taxes
  • -$1,653Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,653Net income attributable to bank
  • $0Net charge-offs
  • -$1,653Cash dividends
  • $1,926Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.37%Yield on earning assets
  • 0.32%Cost of funding earning assets
  • 4.04%Net interest margin
  • 0.43%Noninterest income to earning assets
  • 3.20%Noninterest expense to earning assets
  • -0.98%Net operating income to assets
  • -0.95%Return on assets (ROA)
  • -0.95%Pretax return on assets
  • -10.34%Return on equity (ROE)
  • -10.34%Retained earnings to average equity (YTD only)
  • 1.50%Net charge-offs to loans
  • 195.28%Credit loss provision to net charge-offs
  • 1.07%Efficiency ratio
  • 69,317Assets per employee
  • 4.04%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 5.63%Loss allowance to noncurrent loans
  • 108.60%Noncurrent assets plus other real estate owned to assets
  • 4.53%Noncurrent loans to loans
  • 5.19%Net loans and leases to deposits
  • 77.56%Net loans and leases to core deposits
  • 78.68%Equity capital to assets
  • 9.39%Core capital (leverage) ratio
  • 8.70%Tier 1 risk-based capital ratio
  • 12.49%Total risk-based capital ratio
  • Memoranda
  • $14Average assets
  • $174,506Average earning assets
  • $15,987Average equity
  • $161,144Average 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
  • $15,191Managed Assets
  • 1Number of Accounts
  • $15,191Personal trust and agency accounts
  • $1,233Employee benefit-defined contribution accounts
  • $257Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $2,348Corporate trust and agency accounts
  • $0Investment management agency accounts
  • $11,353Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices
  • $0Non-managed Assets
  • 36Number of Accounts
  • $0Personal trust and agency accounts
  • $2,348Employee benefit-defined contribution accounts
  • $0Employee benefit-defined benefit accounts
  • $0Other retirement accounts
  • $0Corporate trust and agency accounts
  • $0Other fiduciary accounts
  • $0Fiduciary accounts held in foreign offices

List of branches

  • 4 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    039108Englewood Bank & Trust1111 South Mccall Road, Englewood, FL 34223April 04, 1988Full Service Brick and Mortar
    3261382Cape Haze Plaza Branch8725 Placida Road #10, Placida, FL 33946January 13, 1993Full Service Brick and Mortar
    5261384Boca Grande Banking Center Branch301 Park Avenue, Suite 1, Boca Grande, FL 33921December 09, 1996Full Service Brick and Mortar
    7490045Gulf Cove Branch12651 South Mccall Road, Port Charlotte, FL 33981March 16, 2009Full Service Brick and Mortar

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