First Kensington Bank in city_name, state_name - Detailed Financial Reports, Location

First Kensington Bank in Tampa, Florida (FL)
Show street view No street view available for this location

First Kensington Bank - Overview

General
FDIC Certificate #: 35327
Status: Inactive
Closing history: Office Sold
Acquiring institution: BancorpSouth Bank (#11813)
Federal Reserve ID: 2888604
Date Established: Febuary 28, 2000
WWW: http://www.1stkensington.com
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 14 (Interstate: No)
FDIC's unique #: 78233
Numeric code: 21
Regulator: FDIC
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: Febuary 28, 2000
Last Structure Change Effective Date: September 01, 2006
Last Structure Change Process Date: November 08, 2006
Last Data Update: November 08, 2006
Data Source Date: April 05, 2012
Location
Address: 13246 North Dale Mabry Highway, Tampa, FL 33618
County: Hillsborough
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): Tampa-St. Petersburg-Clearwater, FL (#8280)
Core Based Statistical Area (CBSA): Tampa-St. Petersburg-Clearwater, FL (#45300)
CBSA Metro Statistical Area: Tampa-St. Petersburg-Clearwater, FL (#45300)
History of Changes
Merger - Without Assistance
Office Sold
Financial Summary
Total assets: $339.9 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
58Total employees (full-time equivalent)
$324,654Total assets
$5,177Cash and due from depository institutions
$0Interest-bearing balances
$184,025Securities
$1,953Federal funds sold & reverse repurchase agreements
$124,518Net loans & leases
$1,016Loan loss allowance
$0Trading account assets
$5,610Bank premises and fixed assets
$408Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,963All other assets
$324,654Total liabilities and capital
$296,646Total liabilities
$281,119Total deposits
$244,987Interest-bearing deposits
$281,119Deposits held in domestic offices
0.00%% insured (estimated)
$15,203Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$324All other liabilities
$28,008Total equity capital
$28,008Total bank equity capital
$28,008Perpetual preferred stock
$0Common stock
$7,585Surplus
$12,681Undivided profits
Memoranda
$7,742Noncurrent loans and leases
$25,607Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$6Earning assets
$0Long-term assets (5+ years)
$2,607Average Assets, year-to-date
$310,496Average Assets, quarterly
$159,666Volatile liabilities
$291,123Insider loans
$314,756FHLB advances
$97,048Loans and leases held for sale
$1,439Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$25,607Total unused commitments
$0Restructured Loans and leases
$1,016Derivatives

Income and Expense (December 31, 2005)

Dollar figures in thousands
$16,002Total interest income
$6,247Total interest expense
$9,755Net interest income
$0Provision for loan and lease losses
$338Total noninterest income
$0Fiduciary activities
$212Service charges on deposit accounts
$0Trading account gains & fees
$126Additional noninterest income
$5,420Total noninterest expense
$3,017Salaries and employee benefits
$1,073Premises and equipment expense
$1,330Additional noninterest expense
$4,673Pre-tax net operating income
$3Securities gains (losses)
$1,772Applicable income taxes
$2,904Income before extraordinary items
$0Extraordinary gains - net
$2,904Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$16Sale, conversion, retirement of capital stock, net
$1,776Net operating income

Performance and Condition Ratios (December 31, 2005)

Dollar figures in thousands
Performance Ratios (%, annualized)
5.71%Yield on earning assets
2.23%Cost of funding earning assets
3.48%Net interest margin
0.12%Noninterest income to earning assets
1.93%Noninterest expense to earning assets
1.00%Net operating income to assets
1.00%Return on assets (ROA)
1.61%Pretax return on assets
10.54%Return on equity (ROE)
4.09%Retained earnings to average equity (YTD only)
-0.01%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
53,701Assets per employee
5.60%Cash dividends to net income (YTD only)
Condition Ratios (%)
61.16%Loss allowance to loans
0.81%Loss allowance to noncurrent loans
16933.33%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.00%Net loans and leases to deposits
44.29%Net loans and leases to core deposits
62.49%Equity capital to assets
8.63%Core capital (leverage) ratio
9.14%Tier 1 risk-based capital ratio
16.38%Total risk-based capital ratio
Memoranda
$17Average assets
$291,123Average earning assets
$27,558Average equity
$280,139Average loans

First Kensington Bank in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Kensington Bank - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

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

First Kensington Bank in Tampa, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Kensington Bank - Overview

Assets and Liabilities (December 31, 2005)

Income and Expense (December 31, 2005)

Performance and Condition Ratios (December 31, 2005)

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

First Kensington Bank in Tampa, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches