Gulf Coast National Bank in Naples, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of January 28, 2002

  • Gulf Coast National Bank in Naples, Florida (FL)
  • Show street view No street view available for this location

Gulf Coast National Bank - Overview

  • General
  • FDIC Certificate #: 34048
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Orion Bank (#22427)
    Federal Reserve ID: 2329497
    Date Established: August 23, 1995
    Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
    Offices: 5 (Interstate: No)
    OTS Docket #: 14324
    FDIC's unique #: 56127
    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: August 23, 1995
    Last Structure Change Effective Date: January 28, 2002
    Last Structure Change Process Date: March 12, 2002
    Last Data Update: March 12, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 3838 North Tamiami Trail, Naples, FL 34103
    County: Collier
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Atlanta
    FDIC Field Office: South Florida
    Office of the Comptroller the Currency (OCC) District: Southwest
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Naples, FL (#5345)
    Core Based Statistical Area (CBSA): Naples-Marco Island, FL (#34940)
    CBSA Metro Statistical Area: Naples-Marco Island, FL (#34940)
  • Financial Summary
  • Total assets: $393.9 mil

1992 - 1999 Historical total assets, liabilities and capital ($ 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, 2001)

  • Dollar figures in thousands
  • 85Total employees (full-time equivalent)
  • $393,923Total assets
  • $33,168Cash and due from depository institutions
  • $19,736Interest-bearing balances
  • $23,007Securities
  • $10,290Federal funds sold & reverse repurchase agreements
  • $296,070Net loans & leases
  • $2,044Loan loss allowance
  • $0Trading account assets
  • $15,679Bank premises and fixed assets
  • $213Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $15,496All other assets
  • $393,923Total liabilities and capital
  • $365,626Total liabilities
  • $291,957Total deposits
  • $249,539Interest-bearing deposits
  • $291,957Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $10,374Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $61,000Other borrowed funds
  • $0Subordinated debt
  • $2,295All other liabilities
  • $28,297Total equity capital
  • $28,297Total bank equity capital
  • $28,297Perpetual preferred stock
  • $0Common stock
  • $2,000Surplus
  • $18,050Undivided profits
  • Memoranda
  • $8,247Noncurrent loans and leases
  • $66,013Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $0Earning assets
  • $0Long-term assets (5+ years)
  • $1,593Average Assets, year-to-date
  • $349,103Average Assets, quarterly
  • $33,763Volatile liabilities
  • $348,610Insider loans
  • $374,010FHLB advances
  • $111,620Loans and leases held for sale
  • $8,261Unused loan commitments
  • $61,000Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $66,013Total unused commitments
  • $0Restructured Loans and leases
  • $2,047Derivatives

Income and Expense (December 31, 2001)

  • Dollar figures in thousands
  • $23,964Total interest income
  • $10,641Total interest expense
  • $13,323Net interest income
  • $540Provision for loan and lease losses
  • $2,895Total noninterest income
  • $0Fiduciary activities
  • $1,122Service charges on deposit accounts
  • $0Trading account gains & fees
  • $1,773Additional noninterest income
  • $10,768Total noninterest expense
  • $5,193Salaries and employee benefits
  • $1,730Premises and equipment expense
  • $3,845Additional noninterest expense
  • $4,910Pre-tax net operating income
  • $135Securities gains (losses)
  • $1,705Applicable income taxes
  • $3,340Income before extraordinary items
  • $0Extraordinary gains - net
  • $3,340Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $7Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 2001)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.85%Yield on earning assets
  • 3.49%Cost of funding earning assets
  • 4.36%Net interest margin
  • 0.95%Noninterest income to earning assets
  • 3.53%Noninterest expense to earning assets
  • 0.93%Net operating income to assets
  • 0.96%Return on assets (ROA)
  • 1.45%Pretax return on assets
  • 14.36%Return on equity (ROE)
  • 14.36%Retained earnings to average equity (YTD only)
  • 0.00%Net charge-offs to loans
  • 7714.29%Credit loss provision to net charge-offs
  • 778.57%Efficiency ratio
  • 66,395Assets per employee
  • 4.63%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 0.69%Loss allowance to noncurrent loans
  • 0.00%Noncurrent assets plus other real estate owned to assets
  • 0.05%Noncurrent loans to loans
  • 0.00%Net loans and leases to deposits
  • 101.41%Net loans and leases to core deposits
  • 130.59%Equity capital to assets
  • 7.18%Core capital (leverage) ratio
  • 7.70%Tier 1 risk-based capital ratio
  • 9.61%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $348,610Average earning assets
  • $23,257Average equity
  • $305,231Average loans

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