Hendry County Bank in La Belle, Florida (FL)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of Febuary 20, 1998

  • Hendry County Bank in La Belle, Florida (FL)
  • Show street view No street view available for this location

Hendry County Bank - Overview

  • General
  • FDIC Certificate #: 18752
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: Florida Community Bank (#5672)
    Federal Reserve ID: 869430
    Date Established: April 23, 1963
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 2 (Interstate: No)
    FDIC's unique #: 12618
    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: April 23, 1963
    Last Structure Change Effective Date: Febuary 20, 1998
    Last Structure Change Process Date: March 11, 1998
    Last Data Update: March 11, 1998
    Data Source Date: April 05, 2012
  • Location
  • Address: Bridge Street, La Belle, FL 33935
    County: Hendry
    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
    Core Based Statistical Area (CBSA): Clewiston, FL (#17500)
    CBSA Micro Statistical Area: Yes
  • Financial Summary
  • Total assets: $84.1 mil

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

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Assets and Liabilities (December 31, 1997)

  • Dollar figures in thousands
  • 31Total employees (full-time equivalent)
  • $84,140Total assets
  • $3,741Cash and due from depository institutions
  • $0Interest-bearing balances
  • $29,801Securities
  • $1,930Federal funds sold & reverse repurchase agreements
  • $43,801Net loans & leases
  • $1,361Loan loss allowance
  • $0Trading account assets
  • $630Bank premises and fixed assets
  • $1,311Other real estate owned
  • $0Goodwill and other intangibles
  • $0Life insurance assets
  • $2,926All other assets
  • $84,140Total liabilities and capital
  • $76,838Total liabilities
  • $76,005Total deposits
  • $65,849Interest-bearing deposits
  • $76,005Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $0Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $0Other borrowed funds
  • $0Subordinated debt
  • $833All other liabilities
  • $7,302Total equity capital
  • $7,302Total bank equity capital
  • $7,302Perpetual preferred stock
  • $0Common stock
  • $210Surplus
  • $2,000Undivided profits
  • Memoranda
  • $5,092Noncurrent loans and leases
  • $0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $1,492Earning assets
  • $195Long-term assets (5+ years)
  • $412Average Assets, year-to-date
  • $75,532Average Assets, quarterly
  • $2,640Volatile liabilities
  • $79,116Insider loans
  • $78,589FHLB advances
  • $13,738Loans and leases held for sale
  • $2,671Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $0Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $4,042Total unused commitments
  • $0Restructured Loans and leases
  • $52,406Derivatives

Income and Expense (December 31, 1997)

  • Dollar figures in thousands
  • $5,545Total interest income
  • $2,697Total interest expense
  • $2,848Net interest income
  • $425Provision for loan and lease losses
  • $380Total noninterest income
  • $0Fiduciary activities
  • $193Service charges on deposit accounts
  • $0Trading account gains & fees
  • $187Additional noninterest income
  • $2,960Total noninterest expense
  • $1,100Salaries and employee benefits
  • $310Premises and equipment expense
  • $1,550Additional noninterest expense
  • -$157Pre-tax net operating income
  • $12Securities gains (losses)
  • -$56Applicable income taxes
  • -$89Income before extraordinary items
  • $0Extraordinary gains - net
  • -$89Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $511Sale, conversion, retirement of capital stock, net
  • $0Net operating income

Performance and Condition Ratios (December 31, 1997)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 7.77%Yield on earning assets
  • 3.78%Cost of funding earning assets
  • 3.99%Net interest margin
  • 0.53%Noninterest income to earning assets
  • 4.15%Noninterest expense to earning assets
  • -0.12%Net operating income to assets
  • -0.11%Return on assets (ROA)
  • -0.18%Pretax return on assets
  • -1.20%Return on equity (ROE)
  • -1.20%Retained earnings to average equity (YTD only)
  • 1.28%Net charge-offs to loans
  • 83.17%Credit loss provision to net charge-offs
  • 0.52%Efficiency ratio
  • 91,698Assets per employee
  • 2.71%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 0.00%Loss allowance to loans
  • 3.01%Loss allowance to noncurrent loans
  • 91.22%Noncurrent assets plus other real estate owned to assets
  • 3.33%Noncurrent loans to loans
  • 3.30%Net loans and leases to deposits
  • 57.63%Net loans and leases to core deposits
  • 70.34%Equity capital to assets
  • 8.68%Core capital (leverage) ratio
  • 7.75%Tier 1 risk-based capital ratio
  • 11.13%Total risk-based capital ratio
  • Memoranda
  • $12Average assets
  • $79,116Average earning assets
  • $7,402Average equity
  • $71,379Average 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 Hendry County Bank.
Based on public records. Inadvertent errors are possible.
bankencyclopedia.com does not guarantee the accuracy or timeliness of any information on this site.  Use at your own risk.
Table of Contents