First National Bank of Florida in city_name, state_name - Detailed Financial Reports, Location

First National Bank of Florida in Clearwater, Florida (FL)
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First National Bank of Florida - Overview

General
FDIC Certificate #: 26629
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: West Coast Guaranty Bank, National Association (#27030)
Federal Reserve ID: 627630
Date Established: April 09, 1986
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 12 (Interstate: No)
FDIC's unique #: 35361
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
Oakar Institutions: Yes
State Chartered: No
Date of Deposit Insurance: April 09, 1986
Last Structure Change Effective Date: Febuary 16, 2001
Last Structure Change Process Date: March 09, 2001
Last Data Update: March 09, 2001
Data Source Date: April 05, 2012
Location
Address: 1150 Cleveland Street, Clearwater, FL 34615
County: Pinellas
Quarterly Banking Profile Region: Atlanta
FDIC Geographic Region: Atlanta
FDIC Supervisory Region: New York
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)
Financial Summary
Total assets: $340.6 mil

1992 - 1999 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, 2000)

Dollar figures in thousands
98Total employees (full-time equivalent)
$340,557Total assets
$10,629Cash and due from depository institutions
$73Interest-bearing balances
$31,365Securities
$6,161Federal funds sold & reverse repurchase agreements
$268,265Net loans & leases
$3,422Loan loss allowance
$0Trading account assets
$8,216Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$15,921All other assets
$340,557Total liabilities and capital
$315,806Total liabilities
$296,214Total deposits
$236,945Interest-bearing deposits
$296,214Deposits held in domestic offices
0.00%% insured (estimated)
$13,564Federal funds purchased & repurchase agreements
$0Trading liabilities
$2,600Other borrowed funds
$0Subordinated debt
$3,428All other liabilities
$24,751Total equity capital
$24,751Total bank equity capital
$24,751Perpetual preferred stock
$0Common stock
$1,400Surplus
$14,476Undivided profits
Memoranda
$8,875Noncurrent loans and leases
$37,179Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$756Earning assets
$0Long-term assets (5+ years)
$1,538Average Assets, year-to-date
$305,864Average Assets, quarterly
$31,526Volatile liabilities
$342,541Insider loans
$345,289FHLB advances
$40,855Loans and leases held for sale
$12,284Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$37,179Total unused commitments
$137Restructured Loans and leases
$3,422Derivatives

Income and Expense (December 31, 2000)

Dollar figures in thousands
$25,497Total interest income
$11,747Total interest expense
$13,750Net interest income
$721Provision for loan and lease losses
$3,115Total noninterest income
$847Fiduciary activities
$1,265Service charges on deposit accounts
$0Trading account gains & fees
$1,003Additional noninterest income
$10,893Total noninterest expense
$5,212Salaries and employee benefits
$1,445Premises and equipment expense
$4,236Additional noninterest expense
$5,251Pre-tax net operating income
$0Securities gains (losses)
$1,753Applicable income taxes
$3,498Income before extraordinary items
$0Extraordinary gains - net
$3,498Net income attributable to bank
$0Net charge-offs
$0Cash dividends
$63Sale, conversion, retirement of capital stock, net
$2,499Net operating income

Performance and Condition Ratios (December 31, 2000)

Dollar figures in thousands
Performance Ratios (%, annualized)
8.31%Yield on earning assets
3.83%Cost of funding earning assets
4.48%Net interest margin
1.02%Noninterest income to earning assets
3.55%Noninterest expense to earning assets
1.02%Net operating income to assets
1.02%Return on assets (ROA)
1.53%Pretax return on assets
14.50%Return on equity (ROE)
4.14%Retained earnings to average equity (YTD only)
0.02%Net charge-offs to loans
1144.44%Credit loss provision to net charge-offs
94.79%Efficiency ratio
64,589Assets per employee
3.48%Cash dividends to net income (YTD only)
Condition Ratios (%)
71.44%Loss allowance to loans
1.26%Loss allowance to noncurrent loans
452.65%Noncurrent assets plus other real estate owned to assets
0.22%Noncurrent loans to loans
0.28%Net loans and leases to deposits
90.56%Net loans and leases to core deposits
98.80%Equity capital to assets
7.27%Core capital (leverage) ratio
7.14%Tier 1 risk-based capital ratio
8.86%Total risk-based capital ratio
Memoranda
$10Average assets
$342,541Average earning assets
$24,125Average equity
$306,673Average loans

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

First National Bank of Florida - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

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

First National Bank of Florida - Overview

Assets and Liabilities (December 31, 2000)

Income and Expense (December 31, 2000)

Performance and Condition Ratios (December 31, 2000)

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

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