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

First Seminole Bank in Lake Mary, Florida (FL)
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First Seminole Bank - Overview

General
FDIC Certificate #: 27305
Status: Inactive
Closing history: Merger - Without Assistance
Acquiring institution: The Huntington National Bank of Florida (#26830)
Federal Reserve ID: 1213245
Date Established: August 01, 1988
Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Offices: 2 (Interstate: No)
FDIC's unique #: 39453
Numeric code: 21
Regulator: FDIC
Insurance Fund Membership: Bank Insurance Fund (BIF)
Bank Insurance Fund: Yes
Insured commercial Banks: Yes
FDIC Insured: Yes
State Chartered: Yes
Date of Deposit Insurance: August 01, 1988
Last Structure Change Effective Date: July 11, 1995
Last Structure Change Process Date: August 21, 1995
Last Data Update: August 21, 1995
Data Source Date: April 05, 2012
Location
Address: 531 West Lake Mary Boulevard, Lake Mary, FL 32746
County: Seminole
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): Orlando, FL (#5960)
Combined Statistical Area (CSA): Orlando-Deltona-Daytona Beach, FL (#422)
Core Based Statistical Area (CBSA): Orlando-Kissimmee-Sanford, FL (#36740)
CBSA Metro Statistical Area: Orlando-Kissimmee-Sanford, FL (#36740)
Financial Summary
Total assets: $50.1 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1994)

Dollar figures in thousands
0Total employees (full-time equivalent)
$19Total assets
$48,054Cash and due from depository institutions
$2,807Interest-bearing balances
$0Securities
$6,818Federal funds sold & reverse repurchase agreements
$5,800Net loans & leases
$31,205Loan loss allowance
$478Trading account assets
$0Bank premises and fixed assets
$933Other real estate owned
$0Goodwill and other intangibles
$491Life insurance assets
$0All other assets
$0Total liabilities and capital
$48,054Total liabilities
$43,396Total deposits
$42,897Interest-bearing deposits
$30,888Deposits held in domestic offices
42897.00%% insured (estimated)
$86Federal funds purchased & repurchase agreements
$0Trading liabilities
$0Other borrowed funds
$0Subordinated debt
$0All other liabilities
$499Total equity capital
$499Total bank equity capital
$4,658Perpetual preferred stock
$0Common stock
$1,731Surplus
$1,953Undivided profits
Memoranda
$974Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$410Income earned, not collected on loans
$187Earning assets
$43,823Long-term assets (5+ years)
$424Average Assets, year-to-date
$42,564Average Assets, quarterly
$44,962Volatile liabilities
$4,645Insider loans
$2,601FHLB advances
$0Loans and leases held for sale
$0Unused loan commitments
$4,869Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$4,914Total risk weighted assets
$34,010Total unused commitments
$0Restructured Loans and leases
$0Derivatives

Income and Expense (December 31, 1994)

Dollar figures in thousands
$0Total interest income
$3,021Total interest expense
$985Net interest income
$2,036Provision for loan and lease losses
$95Total noninterest income
$269Fiduciary activities
$0Service charges on deposit accounts
$219Trading account gains & fees
$0Additional noninterest income
$50Total noninterest expense
$1,220Salaries and employee benefits
$610Premises and equipment expense
$191Additional noninterest expense
$419Pre-tax net operating income
$990Securities gains (losses)
-$36Applicable income taxes
$347Income before extraordinary items
$607Extraordinary gains - net
$0Net income attributable to bank
$607Net charge-offs
$7Cash dividends
$0Sale, conversion, retirement of capital stock, net
$0Net operating income

Performance and Condition Ratios (December 31, 1994)

Dollar figures in thousands
Performance Ratios (%, annualized)
0.00%Yield on earning assets
7.85%Cost of funding earning assets
2.56%Net interest margin
5.29%Noninterest income to earning assets
0.70%Noninterest expense to earning assets
3.17%Net operating income to assets
1.48%Return on assets (ROA)
1.43%Pretax return on assets
2.24%Return on equity (ROE)
13.68%Retained earnings to average equity (YTD only)
13.68%Net charge-offs to loans
0.03%Credit loss provision to net charge-offs
1357.14%Efficiency ratio
52,928Assets per employee
2.53%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
1.51%Loss allowance to noncurrent loans
116.59%Noncurrent assets plus other real estate owned to assets
0.85%Noncurrent loans to loans
1.29%Net loans and leases to deposits
72.74%Net loans and leases to core deposits
81.58%Equity capital to assets
9.69%Core capital (leverage) ratio
11.01%Tier 1 risk-based capital ratio
14.45%Total risk-based capital ratio
Memoranda
$16Average assets
$42,564Average earning assets
$4,437Average equity
$38,506Average loans

First Seminole Bank in Lake Mary, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

First Seminole Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First Seminole Bank in Lake Mary, Florida (FL)Overview, Financial Summary, Detailed Financial Reports, Branches

First Seminole Bank - Overview

Assets and Liabilities (December 31, 1994)

Income and Expense (December 31, 1994)

Performance and Condition Ratios (December 31, 1994)

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

First Seminole Bank in Lake Mary, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches