First National Bank of Pasco in Dade City, Florida (FL)



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First National Bank of Pasco routing number info

Table of contents:
First National Bank of Pasco
GeneralFDIC Certificate #: 26829
Status: Active
Federal Reserve ID: 82033
Bank Holding Company (Regulatory Top Holder): Florida Bancshares, Inc. (RSSDID: 2552400, Location: Dade City, FL)
Date Established: November 03, 1986
WWW: http://www.fnbpasco.com
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 #: 13325
FDIC's unique #: 36055
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: No
Asset Concentration Hierarchy: All Other Specialization < 1 Billion
Date of Deposit Insurance: November 03, 1986
Last Structure Change Effective Date: July 26, 2007
Last Structure Change Process Date: September 13, 2007
Last Data Update: September 13, 2007
Data Source Date: April 05, 2012
LocationAddress: 13315 Ushwy 301 South, Dade City, FL 33525
County: Pasco
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 ChangesChange in Location
Financial SummaryTotal assets: $159.6 mil
Equity capital: $13.1 mil
Deposits held in domestic offices: $141.4 mil
Return on assets (ROA): -2.70% (-$4.3 mil)
Quarterly return on assets: -6.74% (-$10.8 mil)
Return on Equity (ROE): -30.50% (-$4.0 mil)
Quarterly return on equity: -74.74% (-$9.7 mil)
Net income: -$4.5 mil
Quarterly Net income: -$2.7 mil
Pretax return on assets: -4.53% (-$7,228.6 mil)
Quarterly Pretax return on assets: -10.95% (-$17,473.0 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)
Total employees (full-time equivalent)40
Total assets$159,571
Cash and due from depository institutions$4,661
Interest-bearing balances$124
Securities$36,220
Federal funds sold & reverse repurchase agreements$5,711
Net loans & leases$101,147
Loan loss allowance $6,620
Trading account assets$0
Bank premises and fixed assets$2,462
Other real estate owned$995
Goodwill and other intangibles$0
All other assets$8,375
Life insurance assets$159,571
Total liabilities and capital$146,446
Total liabilities$141,434
Total deposits$116,289
Interest-bearing deposits$141,434
Deposits held in domestic offices$94
% insured (estimated)0.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$4,000
Other borrowed funds $0
Subordinated debt $1,012
All other liabilities $13,125
Total equity capital$13,125
Total bank equity capital$13,125
Perpetual preferred stock$0
Common stock$638
Surplus$4,280
Undivided profits $8,207
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $0
Income earned, not collected on loans $7,369
Earning assets $0
Long-term assets (5+ years) $660
Average Assets, year-to-date $143,202
Average Assets, quarterly $95,571
Volatile liabilities $167,944
Insider loans $160,896
FHLB advances $97,780
Loans and leases held for sale $158,783
Unused loan commitments $2,018
Tier 1 (core) risk-based capital $2,018
Tier 2 risk-based capital $8,852
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $5,487
Derivatives$277
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $8,265
Total interest expense $1,790
Net interest income $6,475
Provision for loan and lease losses $8,688
Total noninterest income -$514
Fiduciary activities $0
Service charges on deposit accounts $349
Trading account gains & fees $0
Additional noninterest income -$863
Total noninterest expense $5,065
Salaries and employee benefits $2,440
Premises and equipment expense $467
Additional noninterest expense $2,158
Pre-tax net operating income -$7,792
Securities gains (losses) $176
Applicable income taxes -$3,083
Income before extraordinary items -$4,533
Extraordinary gains - net $0
Net income attributable to bank -$4,533
Net charge-offs $0
Cash dividends -$4,533
Sale, conversion, retirement of capital stock, net $3,967
Net operating income $0
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets5.36%
Cost of funding earning assets 1.16%
Net interest margin 4.20%
Noninterest income to earning assets -0.33%
Noninterest expense to earning assets 3.29%
Net operating income to assets -2.77%
Return on assets (ROA) -2.70%
Pretax return on assets -4.53%
Return on equity (ROE) -30.50%
Retained earnings to average equity (YTD only) -30.50%
Net charge-offs to loans 3.43%
Credit loss provision to net charge-offs 219.01%
Efficiency ratio0.23%
Assets per employee$84,969
Cash dividends to net income (YTD only)3.99%
Condition Ratios (%)
Loss allowance to loans 0.00%
Loss allowance to noncurrent loans 6.14%
Noncurrent assets plus other real estate owned to assets 89.84%
Noncurrent loans to loans 5.24%
Net loans and leases to deposits6.84%
Net loans and leases to core deposits 71.52%
Equity capital to assets 73.78%
Core capital (leverage) ratio 8.23%
Tier 1 risk-based capital ratio 5.57%
Total risk-based capital ratio 9.05%
Memoranda
Average assets$10
Average earning assets$167,944
Average equity $14,863
Average loans $154,179
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3 Florida Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
036055First National Bank Of Pasco13315 Ushwy 301 South, Dade City, FL 33525November 03, 1986Full Service Brick and Mortar
2260258Zephyrhills Branch4518 Gall Boulevard, Zephyrhills, FL 33541December 16, 1986Full Service Brick and Mortar
326025954 West Branch37215 State Road 54 West, Zephyrhills, FL 33541January 04, 1999Full Service Brick and Mortar
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