Firstate Financial, F.A. in Orlando, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of April 18, 1997

  • Firstate Financial, F.A. in Orlando, Florida (FL)
  • Show street view No street view available for this location

Firstate Financial, F.A. - Overview

  • General
  • FDIC Certificate #: 32038
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Republic Bank (#21350)
    Federal Reserve ID: 395676
    Date Established: August 27, 1980
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 7773
    FDIC's unique #: 44872
    Numeric code: 37
    Regulator: OTS
    Insurance Fund Membership: Savings Association Insurance Fund (SAIF)
    FDIC Insured: Yes
    SAIF Insured: Yes
    Insured Savings Institution: Yes
    State Chartered: No
    Date of Deposit Insurance: August 27, 1980
    Last Structure Change Effective Date: April 18, 1997
    Last Structure Change Process Date: May 05, 1997
    Last Data Update: May 05, 1997
    Data Source Date: April 05, 2012
  • Location
  • Address: 255 South Orange Avenue 12th Floor, Orlando, FL 32802
    County: Orange
    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: $72.0 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1996)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $32Total assets
  • $77,472Cash and due from depository institutions
  • $5,307Interest-bearing balances
  • $4,826Securities
  • $29,571Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $37,568Loan loss allowance
  • $110Trading account assets
  • $0Bank premises and fixed assets
  • $692Other real estate owned
  • $2,526Goodwill and other intangibles
  • $1,709Life insurance assets
  • $99All other assets
  • $0Total liabilities and capital
  • $77,472Total liabilities
  • $74,422Total deposits
  • $71,224Interest-bearing deposits
  • $71,224Deposits held in domestic offices
  • 71224.00%% insured (estimated)
  • $98Federal funds purchased & repurchase agreements
  • $3,000Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $0All other liabilities
  • $198Total equity capital
  • $198Total bank equity capital
  • $3,050Perpetual preferred stock
  • $0Common stock
  • $1,500Surplus
  • $12,852Undivided profits
  • Memoranda
  • $-11,302Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $186Income earned, not collected on loans
  • $393Earning assets
  • $71,965Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $95,595Average Assets, quarterly
  • $86,430Volatile liabilities
  • $9,666Insider loans
  • $8,000FHLB advances
  • $0Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $3,151Total risk weighted assets
  • $36,857Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1996)

  • Dollar figures in thousands
  • $0Total interest income
  • $5,503Total interest expense
  • $4,015Net interest income
  • $1,488Provision for loan and lease losses
  • $566Total noninterest income
  • $145Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $145Total noninterest expense
  • $2,818Salaries and employee benefits
  • $1,460Premises and equipment expense
  • $567Additional noninterest expense
  • $791Pre-tax net operating income
  • -$1,751Securities gains (losses)
  • $228Applicable income taxes
  • $0Income before extraordinary items
  • -$1,523Extraordinary gains - net
  • $0Net income attributable to bank
  • -$1,523Net charge-offs
  • -$30Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1996)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.17%Cost of funding earning assets
  • 4.50%Net interest margin
  • 1.67%Noninterest income to earning assets
  • 0.16%Noninterest expense to earning assets
  • 3.16%Net operating income to assets
  • -1.83%Return on assets (ROA)
  • -1.59%Pretax return on assets
  • -1.59%Return on equity (ROE)
  • -40.19%Retained earnings to average equity (YTD only)
  • -40.19%Net charge-offs to loans
  • -0.09%Credit loss provision to net charge-offs
  • -1886.67%Efficiency ratio
  • 172,566Assets per employee
  • 2.42%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.29%Loss allowance to noncurrent loans
  • 59.14%Noncurrent assets plus other real estate owned to assets
  • 3.50%Noncurrent loans to loans
  • 0.49%Net loans and leases to deposits
  • 52.75%Net loans and leases to core deposits
  • 58.19%Equity capital to assets
  • 3.94%Core capital (leverage) ratio
  • 4.06%Tier 1 risk-based capital ratio
  • 8.55%Total risk-based capital ratio
  • Memoranda
  • $9Average assets
  • $95,595Average earning assets
  • $3,790Average equity
  • $89,219Average loans

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

This web site is not associated with, endorsed by, or sponsored by and has no official or unofficial affiliation with Firstate Financial, F.A..
Based on public records. Inadvertent errors are possible. does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents