First Community Bank in Debary, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of August 18, 2006

  • First Community Bank in Debary, Florida (FL)
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First Community Bank - Overview

  • General
  • FDIC Certificate #: 27066
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Riverside National Bank of Florida (#24067)
    Federal Reserve ID: 1156388
    Date Established: October 05, 1987
    WWW: http://www.firstcommbank.com
    Bank Charter Class: Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
    Offices: 10 (Interstate: No)
    FDIC's unique #: 38669
    Numeric code: 13
    Regulator: FED
    Insurance Fund Membership: Deposit Insurance Fund (DIF)
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Deposit Insurance Fund member: Yes
    State Chartered: Yes
    Date of Deposit Insurance: October 05, 1987
    Last Structure Change Effective Date: August 18, 2006
    Last Structure Change Process Date: October 25, 2006
    Last Data Update: October 25, 2006
    Data Source Date: April 05, 2012
  • Location
  • Address: 21 South Charles Richard Beall Boulevard, Debary, FL 32713
    County: Volusia
    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): Daytona Beach, FL (#2020)
    Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
    Core Based Statistical Area (CBSA): Deltona-Daytona Beach-Ormond Beach, FL (#19660)
    CBSA Metro Statistical Area: Deltona-Daytona Beach-Ormond Beach, FL (#19660)
  • Financial Summary
  • Total assets: $260.8 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, 2005)

  • Dollar figures in thousands
  • 97Total employees (full-time equivalent)
  • $258,308Total assets
  • $6,778Cash and due from depository institutions
  • $0Interest-bearing balances
  • $38,073Securities
  • $23,220Federal funds sold & reverse repurchase agreements
  • $179,451Net loans & leases
  • $1,438Loan loss allowance
  • $0Trading account assets
  • $5,908Bank premises and fixed assets
  • $0Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $4,878All other assets
  • $258,308Total liabilities and capital
  • $240,056Total liabilities
  • $238,390Total deposits
  • $207,391Interest-bearing deposits
  • $238,390Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $1,666All other liabilities
  • $18,252Total equity capital
  • $18,252Total bank equity capital
  • $18,252Perpetual preferred stock
  • $0Common stock
  • $2,385Surplus
  • $4,190Undivided profits
  • Memoranda
  • $11,677Noncurrent loans and leases
  • $16,748Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $157Earning assets
  • $0Long-term assets (5+ years)
  • $1,275Average Assets, year-to-date
  • $240,744Average Assets, quarterly
  • $56,364Volatile liabilities
  • $244,304Insider loans
  • $255,014FHLB advances
  • $42,436Loans and leases held for sale
  • $3,050Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $16,748Total unused commitments
  • $0Restructured Loans and leases
  • $1,438Derivatives

Income and Expense (December 31, 2005)

  • Dollar figures in thousands
  • $14,872Total interest income
  • $5,004Total interest expense
  • $9,868Net interest income
  • $295Provision for loan and lease losses
  • $846Total noninterest income
  • $0Fiduciary activities
  • $650Service charges on deposit accounts
  • $0Trading account gains & fees
  • $196Additional noninterest income
  • $6,195Total noninterest expense
  • $4,164Salaries and employee benefits
  • $720Premises and equipment expense
  • $1,311Additional noninterest expense
  • $4,224Pre-tax net operating income
  • $0Securities gains (losses)
  • $1,080Applicable income taxes
  • $3,144Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,144Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $156Sale, conversion, retirement of capital stock, net
  • $958Net operating income

Performance and Condition Ratios (December 31, 2005)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 6.56%Yield on earning assets
  • 2.21%Cost of funding earning assets
  • 4.35%Net interest margin
  • 0.37%Noninterest income to earning assets
  • 2.73%Noninterest expense to earning assets
  • 1.29%Net operating income to assets
  • 1.29%Return on assets (ROA)
  • 1.73%Pretax return on assets
  • 18.34%Return on equity (ROE)
  • 12.75%Retained earnings to average equity (YTD only)
  • 0.09%Net charge-offs to loans
  • 189.10%Credit loss provision to net charge-offs
  • 28.97%Efficiency ratio
  • 57,822Assets per employee
  • 2.66%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 30.47%Loss allowance to loans
  • 0.79%Loss allowance to noncurrent loans
  • 915.92%Noncurrent assets plus other real estate owned to assets
  • 0.06%Noncurrent loans to loans
  • 0.09%Net loans and leases to deposits
  • 75.28%Net loans and leases to core deposits
  • 91.58%Equity capital to assets
  • 7.07%Core capital (leverage) ratio
  • 7.13%Tier 1 risk-based capital ratio
  • 10.12%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $244,304Average earning assets
  • $17,146Average equity
  • $226,792Average loans

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