FloridaBank, A Federal Savings Bank in Jacksonville, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 11, 1994

  • FloridaBank, A Federal Savings Bank in Jacksonville, Florida (FL)
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FloridaBank, A Federal Savings Bank - Overview

  • General
  • FDIC Certificate #: 31322
    Status: Inactive
    Closing history: Corrections
    Acquiring institution: AmSouth Bank of Florida (#27083)
    Federal Reserve ID: 388472
    Date Established: April 13, 1962
    Bank Charter Class: Savings associations, state or federal charter, supervised by the Office of Thrift Supervision (OTS)
    OTS Docket #: 6732
    FDIC's unique #: 44156
    Numeric code: 33
    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: April 13, 1962
    Last Structure Change Effective Date: Febuary 11, 1994
    Last Structure Change Process Date: March 14, 1994
    Last Data Update: April 07, 1994
    Data Source Date: April 05, 2012
  • Location
  • Address: 5500 San Jose Boulevard, Jacksonville, FL 32207
    County: Duval
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: Gainesville
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Jacksonville, FL (#3600)
    Core Based Statistical Area (CBSA): Jacksonville, FL (#27260)
    CBSA Metro Statistical Area: Jacksonville, FL (#27260)
  • History of Changes
  • Merger - Without Assistance
    Corrections
  • Financial Summary
  • Total assets: $272.5 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1993)

  • Dollar figures in thousands
  • 0Total employees (full-time equivalent)
  • $101Total assets
  • $272,521Cash and due from depository institutions
  • $5,183Interest-bearing balances
  • $229Securities
  • $105,816Federal funds sold & reverse repurchase agreements
  • $0Net loans & leases
  • $146,975Loan loss allowance
  • $1,771Trading account assets
  • $0Bank premises and fixed assets
  • $3,964Other real estate owned
  • $594Goodwill and other intangibles
  • $9,989Life insurance assets
  • $0All other assets
  • $0Total liabilities and capital
  • $272,521Total liabilities
  • $260,599Total deposits
  • $203,779Interest-bearing deposits
  • $203,779Deposits held in domestic offices
  • 203779.00%% insured (estimated)
  • $87Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $54,250Subordinated debt
  • $0All other liabilities
  • $2,570Total equity capital
  • $2,570Total bank equity capital
  • $11,922Perpetual preferred stock
  • $0Common stock
  • $1,541Surplus
  • $5,388Undivided profits
  • Memoranda
  • $4,993Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $2,427Income earned, not collected on loans
  • $923Earning assets
  • $253,020Long-term assets (5+ years)
  • $0Average Assets, year-to-date
  • $270,113Average Assets, quarterly
  • $274,135Volatile liabilities
  • $90,624Insider loans
  • $398FHLB advances
  • $54,250Loans and leases held for sale
  • $0Unused loan commitments
  • $8,006Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $11,908Total risk weighted assets
  • $120,129Total unused commitments
  • $0Restructured Loans and leases
  • $0Derivatives

Income and Expense (December 31, 1993)

  • Dollar figures in thousands
  • $0Total interest income
  • $17,025Total interest expense
  • $9,786Net interest income
  • $7,239Provision for loan and lease losses
  • $445Total noninterest income
  • $1,785Fiduciary activities
  • $0Service charges on deposit accounts
  • $0Trading account gains & fees
  • $0Additional noninterest income
  • $1,785Total noninterest expense
  • $10,057Salaries and employee benefits
  • $4,503Premises and equipment expense
  • $1,991Additional noninterest expense
  • $3,563Pre-tax net operating income
  • -$1,478Securities gains (losses)
  • $173Applicable income taxes
  • -$294Income before extraordinary items
  • -$1,011Extraordinary gains - net
  • $10Net income attributable to bank
  • -$1,001Net charge-offs
  • -$3Cash dividends
  • $0Sale, conversion, retirement of capital stock, net
  • $124Net operating income

Performance and Condition Ratios (December 31, 1993)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 0.00%Yield on earning assets
  • 6.81%Cost of funding earning assets
  • 3.91%Net interest margin
  • 2.89%Noninterest income to earning assets
  • 0.71%Noninterest expense to earning assets
  • 4.02%Net operating income to assets
  • -0.42%Return on assets (ROA)
  • -0.37%Pretax return on assets
  • -0.48%Return on equity (ROE)
  • -7.49%Retained earnings to average equity (YTD only)
  • -7.49%Net charge-offs to loans
  • -0.00%Credit loss provision to net charge-offs
  • -14833.33%Efficiency ratio
  • 111,447Assets per employee
  • 2.70%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 1.19%Loss allowance to noncurrent loans
  • 72.97%Noncurrent assets plus other real estate owned to assets
  • 1.11%Noncurrent loans to loans
  • 1.63%Net loans and leases to deposits
  • 72.12%Net loans and leases to core deposits
  • 87.80%Equity capital to assets
  • 4.37%Core capital (leverage) ratio
  • 4.37%Tier 1 risk-based capital ratio
  • 9.91%Total risk-based capital ratio
  • Memoranda
  • $11Average assets
  • $270,113Average earning assets
  • $13,358Average equity
  • $250,085Average loans

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