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

First National Bank of the South in Wesley Chapel, Florida (FL)
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First National Bank of the South - Overview

General
FDIC Certificate #: 25014
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: SouthTrust Bank of Florida, National Association (#21679)
Federal Reserve ID: 397737
Date Established: Febuary 01, 1984
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 3 (Interstate: No)
OTS Docket #: 9414
FDIC's unique #: 17323
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: No
Date of Deposit Insurance: Febuary 01, 1984
Last Structure Change Effective Date: December 10, 1993
Last Structure Change Process Date: December 30, 1993
Last Data Update: December 30, 1993
Data Source Date: April 05, 2012
Location
Address: 5227 Highway 581, Wesley Chapel, FL 33543
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)
Financial Summary
Total assets: $109.4 mil

Assets and Liabilities (December 31, 1992)

Dollar figures in thousands
0Total employees (full-time equivalent)
$65Total assets
$114,211Cash and due from depository institutions
$10,278Interest-bearing balances
$0Securities
$12,072Federal funds sold & reverse repurchase agreements
$3,500Net loans & leases
$83,650Loan loss allowance
$1,075Trading account assets
$0Bank premises and fixed assets
$3,273Other real estate owned
$228Goodwill and other intangibles
$1,210Life insurance assets
$0All other assets
$0Total liabilities and capital
$114,211Total liabilities
$105,545Total deposits
$100,219Interest-bearing deposits
$86,174Deposits held in domestic offices
100219.00%% insured (estimated)
$89Federal funds purchased & repurchase agreements
$4,893Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$433Total equity capital
$433Total bank equity capital
$8,666Perpetual preferred stock
$0Common stock
$3,450Surplus
$3,450Undivided profits
Memoranda
$1,766Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$5,344Income earned, not collected on loans
$673Earning assets
$99,222Long-term assets (5+ years)
$15,834Average Assets, year-to-date
$107,892Average Assets, quarterly
$111,319Volatile liabilities
$15,072Insider loans
$193FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$2,284Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$8,666Total risk weighted assets
$75,650Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1992)

Dollar figures in thousands
$0Total interest income
$8,833Total interest expense
$3,741Net interest income
$5,092Provision for loan and lease losses
$470Total noninterest income
$577Fiduciary activities
$0Service charges on deposit accounts
$521Trading account gains & fees
$0Additional noninterest income
$56Total noninterest expense
$3,343Salaries and employee benefits
$1,740Premises and equipment expense
$435Additional noninterest expense
$1,168Pre-tax net operating income
$1,856Securities gains (losses)
$0Applicable income taxes
$701Income before extraordinary items
$1,155Extraordinary gains - net
$0Net income attributable to bank
$1,155Net charge-offs
$220Cash dividends
$547Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1992)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
9.15%Cost of funding earning assets
3.88%Net interest margin
5.28%Noninterest income to earning assets
0.60%Noninterest expense to earning assets
3.46%Net operating income to assets
1.07%Return on assets (ROA)
1.07%Pretax return on assets
1.72%Return on equity (ROE)
13.82%Retained earnings to average equity (YTD only)
7.28%Net charge-offs to loans
0.27%Credit loss provision to net charge-offs
213.64%Efficiency ratio
58,970Assets per employee
1.76%Cash dividends to net income (YTD only)
Condition Ratios (%)
47.36%Loss allowance to loans
1.27%Loss allowance to noncurrent loans
20.12%Noncurrent assets plus other real estate owned to assets
4.84%Noncurrent loans to loans
6.31%Net loans and leases to deposits
83.47%Net loans and leases to core deposits
92.90%Equity capital to assets
7.59%Core capital (leverage) ratio
7.76%Tier 1 risk-based capital ratio
11.46%Total risk-based capital ratio
Memoranda
$13Average assets
$107,892Average earning assets
$8,356Average equity
$96,485Average loans

First National Bank of the South in Wesley Chapel, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of the South - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First National Bank of the South in Wesley Chapel, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

First National Bank of the South - Overview

Assets and Liabilities (December 31, 1992)

Income and Expense (December 31, 1992)

Performance and Condition Ratios (December 31, 1992)

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

First National Bank of the South in Wesley Chapel, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches