Fifth Third Trust Co. and Savings Bank, F.S.B. in Naples, Florida (FL)



Show street view No street view available for this location
Table of contents:
Fifth Third Trust Co. and Savings Bank, F.S.B.
GeneralFDIC Certificate #: 33501
Status: Inactive
Closing history: Corrections
Acquiring institution: Fifth Third Bank, Florida (#27542)
Federal Reserve ID: 1896442
Date Established: September 13, 1991
Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
OTS Docket #: 9441
FDIC's unique #: 47249
Numeric code: 33
Regulator: OTS
Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
FDIC Insured: Yes
SAIF Insured: Yes
Insured Savings Institution: Yes
State Chartered: No
Date of Deposit Insurance: September 13, 1991
Last Structure Change Effective Date: September 09, 1995
Last Structure Change Process Date: October 03, 1995
Last Data Update: April 05, 1996
Data Source Date: April 05, 2012
LocationAddress: 4099 Tamiami Trail North, Naples, FL 33941
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)
History of ChangesMerger - Without Assistance
Corrections
Financial SummaryTotal assets: $80.3 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)
(Dollar figures in thousands)
Total employees (full-time equivalent)0
Total assets$22
Cash and due from depository institutions$70,077
Interest-bearing balances$2,239
Securities$517
Federal funds sold & reverse repurchase agreements$22,579
Net loans & leases$2,000
Loan loss allowance $38,912
Trading account assets$393
Bank premises and fixed assets$0
Other real estate owned$2,192
Goodwill and other intangibles$0
All other assets$671
Life insurance assets$1,484
Total liabilities and capital$0
Total liabilities$70,077
Total deposits$65,390
Interest-bearing deposits$39,374
Deposits held in domestic offices$39,374
% insured (estimated)39374.00%
Federal funds purchased & repurchase agreements $88
Trading liabilities$0
Other borrowed funds $0
Subordinated debt $25,150
All other liabilities $0
Total equity capital$866
Total bank equity capital$866
Perpetual preferred stock$4,687
Common stock$0
Surplus$1,500
Undivided profits $4,000
Memoranda
Noncurrent loans and leases $-813
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $0
Earning assets $174
Long-term assets (5+ years) $64,008
Average Assets, year-to-date $0
Average Assets, quarterly $62,562
Volatile liabilities $68,654
Insider loans $34,051
FHLB advances $1,801
Loans and leases held for sale $0
Unused loan commitments $0
Tier 1 (core) risk-based capital $4,532
Tier 2 risk-based capital $0
Total risk weighted assets $4,729
Total unused commitments $34,060
Restructured Loans and leases $0
Derivatives$0
Back to page top, Back to table top

Income and Expense (December 31, 1994)
(Dollar figures in thousands)
Total interest income $0
Total interest expense $3,837
Net interest income $2,273
Provision for loan and lease losses $1,564
Total noninterest income $161
Fiduciary activities $668
Service charges on deposit accounts $0
Trading account gains & fees $0
Additional noninterest income $0
Total noninterest expense $668
Salaries and employee benefits $1,662
Premises and equipment expense $895
Additional noninterest expense $318
Pre-tax net operating income $449
Securities gains (losses) $409
Applicable income taxes $66
Income before extraordinary items $173
Extraordinary gains - net $302
Net income attributable to bank $0
Net charge-offs $302
Cash dividends $12
Sale, conversion, retirement of capital stock, net $0
Net operating income $0
Back to page top, Back to table top

Performance and Condition Ratios (December 31, 1994)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets0.00%
Cost of funding earning assets 6.77%
Net interest margin 4.01%
Noninterest income to earning assets 2.76%
Noninterest expense to earning assets 1.18%
Net operating income to assets 2.93%
Return on assets (ROA) 0.42%
Pretax return on assets 0.48%
Return on equity (ROE) 0.76%
Retained earnings to average equity (YTD only) 6.23%
Net charge-offs to loans 6.23%
Credit loss provision to net charge-offs 0.04%
Efficiency ratio1341.67%
Assets per employee$71,909
Cash dividends to net income (YTD only)3.19%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 1.00%
Noncurrent assets plus other real estate owned to assets 0.00%
Noncurrent loans to loans 0.00%
Net loans and leases to deposits0.00%
Net loans and leases to core deposits 98.83%
Equity capital to assets 127.69%
Core capital (leverage) ratio 6.69%
Tier 1 risk-based capital ratio 6.74%
Total risk-based capital ratio 13.88%
Memoranda
Average assets$15
Average earning assets$62,562
Average equity $4,844
Average loans $56,651
Back to page top, Back to table top

User Contributions:

Comment about this bank, ask questions, or add new information about it:

CAPTCHA


This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Fifth Third Trust Co. and Savings Bank, F.S.B..
Based on public records. Inadvertent errors are possible.
BankEncyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.