Florida Bank of Commerce in Orlando, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

Florida Bank of Commerce - Overview

  • General
  • FDIC Certificate #: 58081
    Status: Active
    Federal Reserve ID: 3396375
    Bank Holding Company (Regulatory Top Holder): Fbc Bancorp, Inc. (RSSDID: 3564697, Location: Orlando, FL)
    Date Established: December 12, 2005
    WWW: http://www.fbcbank.com
    Trust Powers Granted: No
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 6 (Domestic: 6, Interstate: No)
    FDIC's unique #: 439317
    Numeric code: 21
    Regulator: FDIC
    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: Yes
    Subchapter S Corporations: No
    Asset Concentration Hierarchy: Commercial Lending Specialization
    Date of Deposit Insurance: December 12, 2005
    Last Structure Change Effective Date: May 01, 2010
    Last Structure Change Process Date: June 04, 2010
    Last Data Update: June 04, 2010
    Data Source Date: April 05, 2012
  • Location
  • Address: 105 East Robinson Street, 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)
  • History of Changes
  • Participated in Absorption/Consolidation/Merger
  • Financial Summary
  • Total assets: $228.2 mil
    Equity capital: $25.5 mil
    Deposits held in domestic offices: $201.3 mil
    Return on assets (ROA): 0.04% ($0.1 mil)
    Quarterly return on assets: -0.06% (-$0.1 mil)
    Return on Equity (ROE): 0.41% ($0.1 mil)
    Quarterly return on equity: -0.56% (-$0.1 mil)
    Net income: $0.1 mil
    Quarterly Net income: -$0.0 mil
    Pretax return on assets: 0.08% ($182.5 mil)
    Quarterly Pretax return on assets: -0.07% (-$159.7 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
  • 44Total employees (full-time equivalent)
  • $228,161Total assets
  • $29,401Cash and due from depository institutions
  • $25,371Interest-bearing balances
  • $22,301Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $152,749Net loans & leases
  • $3,838Loan loss allowance
  • $0Trading account assets
  • $10,523Bank premises and fixed assets
  • $2,750Other real estate owned
  • $2,448Goodwill and other intangibles
  • $228,161Life insurance assets
  • $7,989All other assets
  • $202,678Total liabilities and capital
  • $201,344Total liabilities
  • $165,253Total deposits
  • $201,344Interest-bearing deposits
  • $88Deposits held in domestic offices
  • 683.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $651Subordinated debt
  • $25,483All other liabilities
  • $25,483Total equity capital
  • $25,483Total bank equity capital
  • $0Perpetual preferred stock
  • $12,767Common stock
  • $18,418Surplus
  • $-5,702Undivided profits
  • Memoranda
  • $0Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $6,092Income earned, not collected on loans
  • $0Earning assets
  • $542Long-term assets (5+ years)
  • $200,421Average Assets, year-to-date
  • $42,762Average Assets, quarterly
  • $236,666Volatile liabilities
  • $238,022Insider loans
  • $166,011FHLB advances
  • $235,096Loans and leases held for sale
  • $0Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $19,186Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $0Total unused commitments
  • $16,815Restructured Loans and leases
  • $15,718Derivatives

Income and Expense (December 31, 2011)

  • Dollar figures in thousands
  • $9,684Total interest income
  • $2,072Total interest expense
  • $7,612Net interest income
  • $1,110Provision for loan and lease losses
  • $705Total noninterest income
  • $0Fiduciary activities
  • $271Service charges on deposit accounts
  • $0Trading account gains & fees
  • $434Additional noninterest income
  • $7,265Total noninterest expense
  • $3,494Salaries and employee benefits
  • $1,124Premises and equipment expense
  • $2,647Additional noninterest expense
  • -$58Pre-tax net operating income
  • $255Securities gains (losses)
  • $94Applicable income taxes
  • $103Income before extraordinary items
  • $0Extraordinary gains - net
  • $103Net income attributable to bank
  • $0Net charge-offs
  • $103Cash dividends
  • $1,471Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2011)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 4.70%Yield on earning assets
  • 1.01%Cost of funding earning assets
  • 3.70%Net interest margin
  • 0.34%Noninterest income to earning assets
  • 3.53%Noninterest expense to earning assets
  • -0.03%Net operating income to assets
  • 0.04%Return on assets (ROA)
  • 0.08%Pretax return on assets
  • 0.41%Return on equity (ROE)
  • 0.41%Retained earnings to average equity (YTD only)
  • 0.90%Net charge-offs to loans
  • 75.46%Credit loss provision to net charge-offs
  • 0.72%Efficiency ratio
  • 87,135Assets per employee
  • 5.19%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 2.45%Loss allowance to noncurrent loans
  • 63.00%Noncurrent assets plus other real estate owned to assets
  • 3.88%Noncurrent loans to loans
  • 3.89%Net loans and leases to deposits
  • 75.86%Net loans and leases to core deposits
  • 82.76%Equity capital to assets
  • 11.17%Core capital (leverage) ratio
  • 8.16%Tier 1 risk-based capital ratio
  • 11.56%Total risk-based capital ratio
  • Memoranda
  • $13Average assets
  • $236,666Average earning assets
  • $25,400Average equity
  • $205,862Average loans

List of branches

  • 6 Florida Branches as of April 05, 2012
  • NoIDNameAddressEstablishedService TypeMap
    0439317Florida Bank Of Commerce105 East Robinson Street, Orlando, FL 32802December 12, 2005Full Service Brick and Mortar
    1453350Kissimmee Branch1126 East Oak Street, Kissimmee, FL 34744May 15, 2006Full Service Brick and Mortar
    2465514Lake Mary Branch1190 Business Center Drive, Lake Mary, FL 32746September 18, 2006Full Service Brick and Mortar
    3481192Winter Park Office702 North Orange Avenue, Winter Park, FL 32789September 29, 2008Full Service Brick and Mortar
    4427083Melbourne Branch5770 North Wickham Road, Melbourne, FL 32940December 13, 2004Full Service Brick and Mortar
    5464791Merritt Island Branch291 North Courtenay Parkway, Merritt Island, FL 32953May 14, 2007Full Service Brick and Mortar

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