First Colony Bank of Florida in Maitland, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches


First Colony Bank of Florida - Overview

  • General
  • FDIC Certificate #: 58644
    Status: Active
    Federal Reserve ID: 3688548
    Date Established: January 28, 2008
    WWW: http://www.firstcolonybank.net
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 1 (Domestic: 1, Interstate: No)
    FDIC's unique #: 461032
    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: January 28, 2008
    Last Structure Change Effective Date: March 09, 2009
    Last Structure Change Process Date: March 20, 2009
    Last Data Update: March 20, 2009
    Data Source Date: April 05, 2012
  • Location
  • Address: 711 North Orlando Avenue, Maitland, FL 32751
    County: Orange
    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): Orlando, FL (#5960)
    Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
    Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740)
    CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $126.9 mil
    Equity capital: $15.1 mil
    Deposits held in domestic offices: $111.6 mil
    Return on assets (ROA): 0.89% ($1.1 mil)
    Quarterly return on assets: 1.11% ($1.4 mil)
    Return on Equity (ROE): 7.68% ($1.2 mil)
    Quarterly return on equity: 9.60% ($1.4 mil)
    Net income: $1.1 mil
    Quarterly Net income: $0.4 mil
    Pretax return on assets: 0.89% ($1,129.2 mil)
    Quarterly Pretax return on assets: 1.11% ($1,408.3 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
  • 15Total employees (full-time equivalent)
  • $126,872Total assets
  • $32,916Cash and due from depository institutions
  • $30,330Interest-bearing balances
  • $15,908Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $76,558Net loans & leases
  • $1,505Loan loss allowance
  • $0Trading account assets
  • $737Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $126,872Life insurance assets
  • $753All other assets
  • $111,788Total liabilities and capital
  • $111,637Total liabilities
  • $93,966Total deposits
  • $111,637Interest-bearing deposits
  • $61Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $151Subordinated debt
  • $15,084All other liabilities
  • $15,084Total equity capital
  • $15,084Total bank equity capital
  • $0Perpetual preferred stock
  • $7,600Common stock
  • $7,884Surplus
  • $-400Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $590Income earned, not collected on loans
  • $0Earning assets
  • $333Long-term assets (5+ years)
  • $122,796Average Assets, year-to-date
  • $25,564Average Assets, quarterly
  • $123,884Volatile liabilities
  • $129,114Insider loans
  • $82,461FHLB advances
  • $131,314Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $14,847Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $8,482Restructured Loans and leases
  • $1,914Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $5,145Total interest income
  • $1,004Total interest expense
  • $4,141Net interest income
  • $310Provision for loan and lease losses
  • $86Total noninterest income
  • $0Fiduciary activities
  • $46Service charges on deposit accounts
  • $0Trading account gains & fees
  • $40Additional noninterest income
  • $2,812Total noninterest expense
  • $1,547Salaries and employee benefits
  • $420Premises and equipment expense
  • $845Additional noninterest expense
  • $1,105Pre-tax net operating income
  • $0Securities gains (losses)
  • $0Applicable income taxes
  • $1,105Income before extraordinary items
  • $0Extraordinary gains - net
  • $1,105Net income attributable to bank
  • $0Net charge-offs
  • $1,105Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.31%Yield on earning assets
  • 0.84%Cost of funding earning assets
  • 3.47%Net interest margin
  • 0.07%Noninterest income to earning assets
  • 2.36%Noninterest expense to earning assets
  • 0.89%Net operating income to assets
  • 0.89%Return on assets (ROA)
  • 0.89%Pretax return on assets
  • 7.68%Return on equity (ROE)
  • 7.68%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 0.00%Credit loss provision to net charge-offs
  • 0.00%Efficiency ratio
  • 66,525Assets per employee
  • 8.46%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.93%Loss allowance to noncurrent loans
  • 255.08%Noncurrent assets plus other real estate owned to assets
  • 0.47%Noncurrent loans to loans
  • 0.76%Net loans and leases to deposits
  • 68.58%Net loans and leases to core deposits
  • 73.30%Equity capital to assets
  • 11.89%Core capital (leverage) ratio
  • 11.31%Tier 1 risk-based capital ratio
  • 18.00%Total risk-based capital ratio
  • Memoranda
  • $19Average assets
  • $123,884Average earning assets
  • $14,390Average equity
  • $119,369Average loans

List of branches

  • 1 Florida Branch as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0461032First Colony Bank Of Florida711 North Orlando Avenue, Maitland, FL 32751January 28, 2008Full Service Brick and Mortar

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 First Colony Bank of Florida.
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.
Table of Contents