First National Bank of Crestview in Crestview, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of Crestview - Overview

  • General
  • FDIC Certificate #: 17557
    Status: Active
    Federal Reserve ID: 997333
    Bank Holding Company (Regulatory Top Holder): Fnbc Financial Corporation (RSSDID: 3473306, Location: Crestview, FL)
    Date Established: Febuary 08, 1956
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 3 (Domestic: 3, Interstate: No)
    OTS Docket #: 15687
    FDIC's unique #: 11531
    Numeric code: 3
    Regulator: OCC
    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: No
    Subchapter S Corporations: Yes
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: Febuary 08, 1956
    Last Structure Change Effective Date: September 25, 2006
    Last Structure Change Process Date: Febuary 21, 2007
    Last Data Update: Febuary 21, 2007
    Data Source Date: April 05, 2012
  • Location
  • Address: 1301 Industrial Drive North, Crestview, FL 32539
    County: Okaloosa
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Pensacola
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Fort Walton Beach, FL (#2750)
    Core Based Statistical Area (CBSA): Crestview-Fort Walton Beach-Destin, FL (#18880)
    CBSA Metro Statistical Area: Crestview-Fort Walton Beach-Destin, FL (#18880)
  • History of Changes
  • Change in Location
  • Financial Summary
  • Total assets: $107.9 mil
    Equity capital: $8.3 mil
    Deposits held in domestic offices: $98.6 mil
    Return on assets (ROA): -1.04% (-$1.1 mil)
    Quarterly return on assets: -2.38% (-$2.6 mil)
    Return on Equity (ROE): -14.68% (-$1.2 mil)
    Quarterly return on equity: -30.07% (-$2.4 mil)
    Net income: -$1.2 mil
    Quarterly Net income: -$0.7 mil
    Pretax return on assets: 0.09% ($97.1 mil)
    Quarterly Pretax return on assets: -2.38% (-$2,569.0 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
  • 29Total employees (full-time equivalent)
  • $107,943Total assets
  • $8,145Cash and due from depository institutions
  • $5,616Interest-bearing balances
  • $30,736Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $43,927Net loans & leases
  • $2,971Loan loss allowance
  • $0Trading account assets
  • $5,582Bank premises and fixed assets
  • $17,655Other real estate owned
  • $0Goodwill and other intangibles
  • $107,943Life insurance assets
  • $1,898All other assets
  • $99,689Total liabilities and capital
  • $98,556Total liabilities
  • $75,268Total deposits
  • $98,556Interest-bearing deposits
  • $93Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $1,133Subordinated debt
  • $8,254All other liabilities
  • $8,254Total equity capital
  • $8,254Total bank equity capital
  • $0Perpetual preferred stock
  • $240Common stock
  • $2,639Surplus
  • $5,375Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,925Income earned, not collected on loans
  • $0Earning assets
  • $426Long-term assets (5+ years)
  • $80,279Average Assets, year-to-date
  • $25,471Average Assets, quarterly
  • $117,078Volatile liabilities
  • $109,468Insider loans
  • $75,265FHLB advances
  • $109,406Loans and leases held for sale
  • $133Unused loan commitments
  • $133Tier 1 (core) risk-based capital
  • $7,572Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $3,091Restructured Loans and leases
  • $407Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $3,471Total interest income
  • $807Total interest expense
  • $2,664Net interest income
  • $550Provision for loan and lease losses
  • $3,863Total noninterest income
  • $0Fiduciary activities
  • $190Service charges on deposit accounts
  • $0Trading account gains & fees
  • $3,673Additional noninterest income
  • $5,937Total noninterest expense
  • $1,428Salaries and employee benefits
  • $630Premises and equipment expense
  • $3,879Additional noninterest expense
  • $40Pre-tax net operating income
  • $61Securities gains (losses)
  • $1,322Applicable income taxes
  • -$1,221Income before extraordinary items
  • $0Extraordinary gains - net
  • -$1,221Net income attributable to bank
  • $0Net charge-offs
  • -$1,221Cash dividends
  • $2,952Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 3.67%Yield on earning assets
  • 0.85%Cost of funding earning assets
  • 2.82%Net interest margin
  • 4.08%Noninterest income to earning assets
  • 6.27%Noninterest expense to earning assets
  • -1.08%Net operating income to assets
  • -1.04%Return on assets (ROA)
  • 0.09%Pretax return on assets
  • -14.68%Return on equity (ROE)
  • -14.68%Retained earnings to average equity (YTD only)
  • 5.20%Net charge-offs to loans
  • 18.63%Credit loss provision to net charge-offs
  • 0.20%Efficiency ratio
  • 90,961Assets per employee
  • 3.72%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 6.34%Loss allowance to noncurrent loans
  • 42.90%Noncurrent assets plus other real estate owned to assets
  • 22.77%Noncurrent loans to loans
  • 14.77%Net loans and leases to deposits
  • 44.57%Net loans and leases to core deposits
  • 46.37%Equity capital to assets
  • 7.65%Core capital (leverage) ratio
  • 6.92%Tier 1 risk-based capital ratio
  • 10.06%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $117,078Average earning assets
  • $8,315Average equity
  • $94,627Average loans

List of branches

  • 3 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    011531First National Bank Of Crestview1301 Industrial Drive North, Crestview, FL 32539Febuary 08, 1956Full Service Brick and Mortar
    1242110Crestview South Branch2515 South Highway 85, Crestview, FL 32536May 04, 1987Full Service Brick and Mortar
    3458767Downtown Branch302 North Wilson Street, Crestview, FL 32536September 25, 2006Full Service Brick and Mortar

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